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PlayStation-maker Sony is escalating its competition with Xbox-maker Microsoft by buying the video game studio behind one of Xbox’s hit games

PlayStation-maker Sony is escalating its competition with Xbox-maker Microsoft by buying the video game studio behind one of Xbox’s hit games.

CBS 58 is your local source for the Milwaukee news, Milwaukee weather, and Milwaukee sports.

(CNN) — Microsoft announced plans to acquire Activision Blizzard, the video game company behind blockbuster hits like “Warcraft,” “Overwatch” and “Call of Duty,” in an all-cash transaction valued at $68.7 billion. Microsoft says that the move will make the company the third-largest gaming company by revenue, after Tencent and Sony. Bobby Kotick, the controversial CEO […]

Sony expects PlayStation 5 shortages to continue into 2022 ); } The current console generation may have kicked off in late 2020, but component shortages and high demand have made both the Xbox Series X|S and PlayStation 5 difficult to come by even months after launch. Unfortunately, executives at Sony arent expecting the ongoing supply issues to end any time soon. According to executive comments passed along by Sony investors to Bloomberg, Sony doesnt expect to get ahead of dema...

Sony invests in Discord, plans to integrate Discord into PSN next year ); } Only weeks after chatting with Microsoft about a potential sale, Discord has forged a partnership with Sony and landed a minor investment from the PlayStation company in the process. That partnership, along with a minor contribution to Discords Series H, means that the two companies are now working to integrate Discord and PlayStation Network to some degree both on PlayStation consoles and mobile by 2022...

Sony invests in Discord, plans to integrate Discord into PSN next year ); } Only weeks after chatting with Microsoft about a potential sale, Discord has forged a partnership with Sony and landed a minor investment from the PlayStation company in the process. That partnership, along with a minor contribution to Discords Series H, means that the two companies are now working to integrate Discord and PlayStation Network to some degree both on PlayStation consoles and mobile by 2022...

Barbarians at the gates of Britains games makers Runescape maker Jagex has been snapped up by US fund giant Carlyle Group. What other M&A is on the horizon for Britains games makers? 31 January 2021 • 12:00pm In the mythical world of Runescape, wizards battle with runic powers across the wilderness, knights hone their skills slaying monsters and dragons, and barbarians plot raids on cityfolk. In the real world, a very different sort of barbarian has orchestrated its own capture of a prize ass...

Author Bio James Brumley is former stockbroker with a large Wall Street firm, and a former trading analyst for a small, options-based newsletter. After twenty years of professional experience in and around the market, his approach is one that combines fundamentals, sentiment, and common sense. Its also an approach that respects this John Keynes reality: The market isnt always rational. Follow @jbrumley GameStop (NYSE:GME) is fighting the good fight and cheeri...