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Transcripts For CNBC Street Signs 20240714

No confidence blow delaying the blow for early elections and a calmer day in hong kong the airport reopens after Police Clashed with riot protests late in the night good morning. One of the big stories this morning, the Trump Administration overnight has announced a surprise delay to the implementation of new tariffs on chinese impoexports i december 16th. But tariffs on meat, watches, flat screen tvs will go ahead on the 1st of September Robert lighthizer says his office will exempt other unspecified products that relate to health, safety and National Security concerns. On the back of that, we saw a big bounce in wall street. That continued into the asian session. The mood in europe is not so pretty with most majors trading in negative territory. Overnight, in addition to the news about the tariffs being postponed until december, we had weak data coming out of china. That is affecting some sentiment in europe, even before we got that Second Quarter gdp printout of germany all eyes on

Star Wars game cancelled as EA cuts 670 jobs

Electronic Arts says it will focus on its existing titles, as the gaming industry job cuts continue.

The gaming industry is aiming for subscribers Will gamers play along?

Media ownership has increasingly diminished as music, television and film consumers have settled into streaming. As gaming subscriptions grow, a similar transition is inevitable.

Games Industry to Become Even More Concentrated; Pure-Play Companies Will Be Challenged, But Hits Like Palworld Will Still Occur

We interviewed MIDiA Research Senior Analyst Karol Severin to discuss the state of the games industry in this high-inflation environment.

Midia Research report: 10% of US consumers use Apple Arcade weekly

In just a few years, Apple Arcade, Appleā€™s gaming streaming service, has managed to build up a solid foothold, according to Midia Research. The research group says 10% of US consumers use Apple Arcade weekly as of its fourth quarter 2023 consumer survey. For context, this nearly matches that of

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