Microsoft CEO Satya Nadella unloaded half his shares in the company last week. He earned $285 million in the sale.
Niantic, the creator of augmented reality gaming hit “Pokémon Go,” has raised $300 million to build a metaverse.
Sony and Microsoft have internally expressed displeasure regarding Activision Blizzard’s handling of sexual misconduct allegations.
Epic Games CEO Tim Sweeney said that the multiverse could eventually grow to be a multi-trillion-dollar industry.
Microsoft introduced virtual office software, combining Microsoft Mesh and Microsoft Teams. Gaming may be next.
Xbox sales grew 166% year-over-year as Microsoft saw growth across all of its major segments, despite supply chain issues.
Apple made more in video games in fiscal 2019 than Microsoft, Sony, Activision Blizzard, and Nintendo combined.
Microsoft announced Epic Games, Amazon, and eventually other firms will integrate their app stores into Microsoft’s marketplace.
Discord more than doubled its valuation to $15 billion off of a $500 million funding round, led by Dragoneer Investment Group.
August saw record highs for consumer spending on video game hardware, content, and accessories.
