#PLAYSTATION News

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Move-based blockchains growth relies on EVM compatibility: Movement Labs co-founder

cryptobriefing.com Move-based blockchains are surging in total value locked (TVL) this year, with Sui leaping 233% and Aptos also showing significant growth of 210%, according to data…

Layoffs, Studio Closures Could Signal Bottom For Video Game Stocks

investors.com Layoffs and studio closures at the major video game publishers could mark a bottom for video game stocks, analysts say. After a rough couple of years post-pandemic,…

This game has you win your freedom by cooking up some tasty eggs

polygon.com We are currently in the middle of a bountiful month for indie games, and our collective cup runneth over with inventive, stunning, and incredible titles. So I apologize that…

How the computer games industry is embracing AI

bbc.co.uk Andrew Maximov has been working in the computer games industry for 12 years, but despite all that experience he still marvels at the amount of money spent on building the…

The Sony PlayStation Portal Is Back In Stock: Here’s Where To Pick One Up Online

variety.com Although it was released back in Nov. 2023, the Sony PlayStation Portal has been sold out just about everywhere. Thanks to high demand, the remote player just can’t seem to…

Sony and Apollo make formal $26-billion joint bid for Paramount

latimes.com Sony Pictures Entertainment and Apollo Global Management have officially put in a bid for Paramount Global, as competition for the storied film and TV company continues to…

GTA Online update for the week of May 16

polygon.com The weekly GTA Online update for May 16, 2024, is live with reward events, discounts, prizes, and a new Salvage Yard Robbery. Our GTA Online weekly update guide will tell…

The 25 best PlayStation 5 games

polygon.com Many games are huge. Others are endless. Some are so exciting that they swallow our news feeds whole. That’s where Polygon’s What to Play comes in: We curate the best, most…

Move Over, Walmart and Chipotle: Wall Street Has a New Stock-Split Stock

finance.yahoo.com Volatility is something that's inescapable for investors on Wall Street. With the exception of 2024, we've witnessed the Dow Jones Industrial Average, S&P 500, and Nasdaq…

Joel and Ellie Return in ‘The Last of Us’ Season 2 First Look Images

thewrap.com Pedro Pascal and Bella Ramsey are back in new first look images for HBO’s “The Last of Us” Season 2, which is set to debut in the first half of 2025. Based on Naughty Dog…

‘The Last of Us’ Season 2 First Look Photos: Joel and Ellie Return

hollywoodreporter.com Joel and Ellie are back in the first photos for the eagerly anticipated second season of HBO’s The Last of Us. The photos featuring stars Pedro Pascal and Bella Ramsey were…

The Trade Desk Raised Forecasts Means Ad Spending is Back, Maybe

marketbeat.com The Trade Desk Inc. NASDAQ: TTD is one of the largest artificial intelligence (AI) powered demand-side programmatic advertising platform providers in the computer and…

Sony Is Past its PlayStation 5 Peak

thedailyupside.com The PlayStation 5 may be on its last life. Japanese entertainment giant Sony said Tuesday that sales of its iconic console rose over the past fiscal year, but it lowered its…

PlayStation 5 Sales Fall Short Of PS4, Even As Helldivers 2 Breaks Records

kotaku.com Sony sold over 20 million PlayStation 5s in its last fiscal year, an impressive number that nevertheless failed to hit its original goal of 25 million, and even missed its…

Helldivers 2 is PlayStation’s fastest-selling game ever

polygon.com In its latest financial report, Sony has revealed that Helldivers 2 — the scrappy co-op shooter turned online gaming sensation from Sweden’s Arrowhead Game Studios — is the…

Sony Pictures Full-Year Profit Slips to $808M

hollywoodreporter.com Sony Pictures Entertainment’s full fiscal-year 2023 operating income fell to $808 million from $894 million in dollar terms, with sales creeping up slightly to $10.32…

Stocks making the biggest premarket moves: GameStop, AMC, Alibaba, Sony and more

cnbc.com Check out the companies making the biggest moves in premarket trading: Meme stocks -- GameStop soared 120%, adding to the 74.4% it gained Monday , after the man who fueled…

PS5 Sets Sales Record but Just Misses Target, Sony Predicts Further Decline This Year

ign.com PlayStation 5 sales hit a peak with 20.8 million units sold in the financial year ending March 31, 2024, Sony has announced. That’s more than any other financial year since…

Japan's Sony reports surge in profit on strong sales of movies, games and music

abcnews.go.com Sony has reported that its profit surged 34% in the last quarter from a year earlier on strong sales of its video games, music and movies Japan's Sony reports surge in…

PlayStation Names Hideaki Nishino and Hermen Hulst as New CEOs

thewrap.com Sony Group Corporation and Sony Interactive Entertainment (SIE), the company behind PlayStation, has announced a leadership change effective on June 1, 2024. Hideaki Nishino…

PlayStation Appoints Hideaki Nishino and Hermen Hulst as New CEOs

variety.com Sony Group Corporation and Sony Interactive Entertainment (SIE), the company behind PlayStation, have announced their new leadership structure following the departure of CEO…

Sony to Adopt Dual-CEO Structure for Videogame Unit

wsj.com The company said it would adopt a new leadership structure for its Sony Interactive Entertainment unit overseeing PlayStation, with two separate chief executives.

Sony Interactive Entertainment announces two new CEOs: Hermen Hulst, who will lead studios, and Hideaki Nishino, who will lead platforms, effective June 1

gamesindustry.biz Hermen Hulst and Hideaki Nishino will jointly succeed Jim Ryan as the CEOs of Sony Interactive Entertainment. Hulst is CEO of the newly named Studio Business Group, which…

Square Enix is turning its back on console exclusives

polygon.com Square Enix has revealed a new business plan — titled “Square Enix Reboots, and Awakens” — that will see the publisher “aggressively pursue” a multiplatform strategy for its…

Assembly Taps Initiative's Cortizo-Burgess For Global Strategy Role

mediapost.com Assembly has appointed Pele Cortizo-Burgess as the agency's global chief strategy officer, a new role at the Stagwell-owned agency. Based in New York, Cortizo-Burgess will…

Even after cramming its video game with Walmart ads and billboards, Roblox struggles to tap into the wallets of extremely online Gen Alpha

aol.com Within its own universe, metaverse gaming platform Roblox is teeming with life: Its almost 78 million daily active users are organizing hunger strikes over in-game payment…

Mob Entertainment, Angry Films and Legendary Entertainment Lock Deal to Bring Poppy Playtime to the Big Screen

benzinga.com In a highly-competitive situation, Mob Entertainment grants live-action film and TV rights to Legendary Entertainment for the wildly-popular horror video game, Poppy…

Video Game ‘Poppy Playtime’ Getting Movie Treatment Via Legendary

hollywoodreporter.com Huggy Wuggy has been called up by Hollywood. Beating out several competitive offers, Legendary has closed an aggressive deal with Mob Entertainment to develop and produce a…

GTA Online update for the week of May 9

polygon.com The weekly GTA Online update for May 9, 2024, is live with reward events, discounts, prizes, and some high seas adventures. Our GTA Online weekly update guide will tell you…

Teens and Video Games Today

pewresearch.org 85% of U.S. teens say they play video games, and about four-in-ten do so daily. Teens see both positive and negative sides of video games – from problem-solving and making…

Microsoft shuts down studios across its gaming empire

siliconrepublic.com Sources and memos seen by media outlets suggest Microsoft is working on a widespread cost-cutting effort in its gaming division, mirroring issues seen across companies in…

Nintendo’s DMCA Operation Continues With Lockpick, Kezplez-nx Takedowns

torrentfreak.com After taking down over 8,500 Yuzu repos with a single DMCA notice just a few days ago, Nintendo appears to be pressing ahead with its Switch circumvention tool clean-up…

Nintendo Approaches the End of the Switch Lifecycle

statista.com When Japanese gaming giant Nintendo reported results for the fiscal year ended March 31, 2024 on Tuesday, the company's president Shuntaro Furukawa officially confirmed that…

What Is the Best-Selling Game Console of All Time?

statista.com For the longest time, industry observers and pundits thought the PlayStation 2's overall global sales were unattainable by any other platform. After all, its successors…

Nintendo says Switch successor will be unveiled by March 2025

aol.com Nintendo says it plans to announce the followup to its popular Switch console by March 2025. “We will make an announcement about the successor to Nintendo Switch within this…

Accel leads $4M investment in Egyptian corporate cards platform Swypex

techcrunch.com Cards are gaining ground in Egypt, with over 30 million in circulation (prepaid cards, particularly, are seeing more use than debit and credit cards combined). This surge in…

Iconic retail chain closing all stores, liquidating

thestreet.com Many retailers die in a sort of death by-a-thousand paper cuts way. You would think that sales moving online would be the key reason that many brick-and-mortar chains fail,…

Millennials’ Favorite Consumer Electronics Brands: Ranked

247wallst.com When it comes to millennials’ favorite consumer electronics brands, the list is likely to surprise many people. What you might think would be a straightforward list of the…

Sony revokes widely despised Helldivers 2 PlayStation linking policy

polygon.com In the days since Sony Interactive Entertainment announced an unpopular Helldivers 2 and PlayStation linking policy, players have been flooding the game’s Steam page wil…

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