After a streaming porn site offered to sponsor competitive gaming, many gaming groups indicated the sponsorship could violate policies.» Read More
Feb 5- Akamai Technologies Inc reported better-than-expected quarterly results as its media and entertainment clients used more of its content delivery services to manage traffic over the Internet. Akamai's shares rose 5 percent in trading after the bell. Akamai's revenue rose 15 percent to $436 million in the fourth quarter.
Asian equity markets traded mixed on Wednesday. Overnight gains on Wall Street pushed Japan and South Korea shares on a rebound.
Nintendo's new 10-year strategy includes an unexpected focus on nonwearable health monitors.
Asian stocks suffered heavy losses on Thursday amid signs of a contraction in China and following the Fed;s decision to continue reducing stimulus.
Investors were unimpressed, wiping $1.2 billion from the value of Nintendo's Tokyo- traded shares in little more than 30 minutes on Thursday, as CEO Satoru Iwata made his pitch for a "non-wearable" project in 2015 to help users stay healthy.
TOKYO, Jan 30- Nintendo Co Ltd President Satoru Iwata said on Thursday the company was sticking to its strategy centred on a combined hardware and software platform, which has come under criticism after the flagship Wii U console posted poor sales.
*Nintendo sheds early gains as strategy disappoints market. TOKYO, Jan 30- Japan's Nikkei share average tumbled more than 3 percent on Thursday morning after the U.S. A spike in the yen soured market sentiment after the Fed, in a widely expected move, cut its bond purchases by another $10 billion to $65 billion a month.
TOKYO, Jan 30- Nintendo Co Ltd President Satoru Iwata said on Thursday the company was sticking to its strategy centred on a combined hardware and software platform, which has come under criticism after the flagship Wii U console posted disappointing sales.
Asian equity markets rebounded on Wednesday after a rate hike from the Turkish central bank soothed worries over volatility in emerging markets.
Ed Rogers, CEO and CIO at Rogers Investment Advisors, discusses Japanese stocks, from banking where a drop in bond trading revenue is expected, to Nintendo and Canon.
Nintendo is looking at how to squeeze more out of its Mario franchise and revive its fortunes after admitting that its Wii U console has been a flop.
*Nintendo warned of third year of operating losses after poor Wii U sales. TOKYO, Jan 29- Nintendo Co Ltd, facing a third year of losses, is getting lots of unsolicited advice on how to squeeze more out of its Mario franchise and revive its fortunes after admitting that its Wii U game console has been a flop.
TOKYO, Jan 29- Nintendo Co Ltd posted lacklustre results for its traditionally strongest third quarter on Wednesday after disappointing sales for its flagship Wii U console forced it to slash its annual forecasts earlier this month.
*Turkey's move raises hopes of turnaround in emerging market rout. *Advantest hits near 4- month low on outlook cut. TOKYO, Jan 29- Japan's Nikkei average jumped almost 2 percent on Wednesday morning after four days of losses as Turkey's huge hike in interest rates halted selling in emerging markets and bolstered risk appetite.
TOKYO, Jan 28- Nintendo Co Ltd, facing a third year of losses, is getting lots of unsolicited advice on how to squeeze more out of its Mario franchise and revive its fortunes after admitting that its Wii U game console has been a flop.
Nintendo shares slumped on Monday following a huge profit loss warning, but analysts told CNBC the company could be on the verge of a paradigm shift.
Mainland shares dropped below the 2,000 mark for the first time in six months over liquidity fears.
Shares in Nintendo tumbled by nearly a fifth on Monday after it warned of a third straight year of operating losses.
Nintendo said on Friday that sales of its Wii U consoles had flopped, pushing it to a third consecutive annual loss.
Trade in Asian equity markets was subdued on Friday after underwhelming U.S. earnings results pulled the plug on Wall Street's two-day rally.