Sony slides 2% as Microsoft flashes cash to boost games lineup

By Sam Nussey



a close up of a logo: Sony Corp's logo is seen at its news conference in Tokyo


© Reuters/KIM KYUNG-HOON
Sony Corp’s logo is seen at its news conference in Tokyo

TOKYO (Reuters) – Sony Corp’s shares slid as much as 2% in Tokyo trade on Wednesday after Microsoft Corp said it would buy the parent of games publisher Bethesda Softworks, in a deal to bolster its games slate as it eyes cloud gaming expansion.

Sony’s PlayStation 5 is expected by analysts to outsell Microsoft’s next-generation Xbox consoles when the devices launch in November, bolstered by Sony’s stronger games pipeline including exclusives like “Marvel’s Spider-Man: Miles Morales.”

Microsoft’s $7.5 billion acquisition of the publisher behind hit franchises like “Doom” and “Fallout” helps close that gap, as it pushes into cloud gaming with the launch of a subscription service last week for Android devices.

The Xbox Game Pass is central to Microsoft’s counterattack, with the rival PlayStation Now service from Sony – which has a

Read More
Read More

Ergonomic Computer Equipment Market- Roadmap for Recovery from COVID-19|Increasing Use Of PCs For Gaming to boost the Market Growth | Technavio

LONDON–(BUSINESS WIRE)–Sep 22, 2020–

Technavio has been monitoring the ergonomic computer equipment market and it is poised to grow by USD 808.61 mn during 2020-2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200922005133/en/

Technavio has announced its latest market research report titled Global Ergonomic Computer Equipment Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download

Read More
Read More