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Gaming Video Games

  • With quarterly profit of $3.57 billion, more than double the $1.56 billion it reported a year ago, the company showed no signs of slowdown in growth. "I think the rate of growth will decline, but it will remain very high," said analyst Michael Pachter of Wedbush Securities. Facebook suffered a slight setback just before the market close when a jury in Texas ordered...

  • The company suffered a slight setback just before the market close when a jury in Texas ordered Facebook, its virtual reality unit Oculus, and other defendants to pay a combined $500 million to ZeniMax Media Inc, a video game publisher that says Oculus stole its technology. Mobile ad revenue accounted for 84 percent of the company's total advertising revenue of...

  • Feb 1- A U.S. jury in Texas on Wednesday ordered Facebook Inc., its virtual reality unit Oculus, and other defendants to pay a combined $500 million to ZeniMax Media Inc., a video game publisher that says Oculus stole its technology. The jury in federal court in Dallas found Oculus, which Facebook acquired for about $2 billion in 2014, used ZeniMax's computer code to...

  • Feb 1- A U.S. jury in Texas on Wednesday ordered Facebook Inc., its virtual reality unit Oculus and other defendants to pay a combined $500 million to ZeniMax Media Inc., a video game publisher that says Oculus stole its technology. The jury in federal court in Dallas found Oculus, which Facebook acquired for about $2 billion in 2014, used ZeniMax's computer code to...

  • *Shares fell 4.8 pct in Tokyo morning trade. TOKYO, Feb 1- Japan's Nintendo Co Ltd on Wednesday said it plans to release two or three smartphone games every year in the hope of stabilizing earnings still highly dependent on its volatile games console business. "We believe we can build a stable profit structure by aggressively leveraging our intellectual...

  • Electronic Arts full-year revenue outlook in line

    Earnings are out for Electronic Arts. CNBC's Julia Boorstin reports the details.

  • *Cuts FY op profit view to Y20 bln from Y30 bln. OSAKA, Jan 31- Nintendo Co Ltd on Tuesday reported its first quarterly profit in a year as its nascent mobile games division started to bring in revenue, though not enough to prevent weak console software sales dragging down its annual earnings forecast. "I'm not surprised at the cut because Nintendo's earnings tend to...

  • Resident Evil 7: Biohazard is a new direction for the franchise

    The new horror video game, Resident Evil 7: Biohazard, was released worldwide today and looks set to boost virtual reality gaming.

  • GameStop, Nintendo shares drop

    Shares of GameStop are falling on weak holiday sales, while Nintendo shares are also down on its new "Switch" console pricing.

  • Attendees wait in line to play video games on Nintendo Switch game consoles during the new console's unveiling in Tokyo on Jan. 13, 2017.

    Nintendo announced the launch of its new Switch console with its flagship game, "The Legend of Zelda: Breath of the Wild".

  • TOKYO, Jan 13- Nintendo Co Ltd on Friday priced its first console in about four years above market expectations, disappointing investors and clouding its prospects of winning back gamers who have shifted from consoles to smartphones. The Japanese firm said it will launch the Switch, a hybrid home console and handheld device, on March 3. It will be priced $299.99 in...

  • Will the Nintendo Switch fly or flop?

    CNBC’s Arjun Kharpal talks about Nintendo’s product strategy, as the tech company unveils its latest console: The Nintendo Switch.

  • Persuading consumers to come back to consoles

    CNBC’s Arjun Kharpal talks about the Nintendo Switch and why the consumer electronics giant’s share price fell on Friday.

  • TOKYO, Jan 13- Nintendo Co Ltd will launch the Switch, its first new game console in about four years, on March 3 for $299.99 in the United States and 29,980 yen in Japan, the video game maker said on Friday. The price of the Switch, a hybrid home console and handheld device, compares with the $299.99 in the U.S. and 25,000 yen in Japan that it costs for the firm's existing Wii...

  • TOKYO, Jan 13- Nintendo Co Ltd will launch the Switch, its first new game console in about four years, on March 3 for $299.99 in the United States and 29,980 yen in Japan, the video game maker said on Friday. The price of the Nintendo Switch, a hybrid home console and handheld device, compares with the $299.99 in the U.S. and the 25,000 yen in Japan that it costs for the firm's...

  • Pokemon Go players are seen in search of Pokemon and other in game items in Pasadena Playhouse District

    For a limited time, Niantic says there will be "a greater chance of finding eggs that hatch" rare Pokemon.

  • Better luck for VR in 2017?

    2016 has been a disappointing year for virtual reality, but companies are looking to turn that around in the new year. CNBC's Julia Boorstin reports.

  • Board games are returning as a mainstream entertainment thanks to child-less millennials looking for a new way to socialize with friends.

  • Pokemon Go app on an iPhone, Tokyo, Japan, July 22, 2016.

    Mobile and PC gaming drove interactive entertainment revenues in 2016, while virtual reality got off to a slow start.

  • Nintendo sells 196,000 units of mini retro game console

    The Japanese company sees strong demand for the NES classic edition, a smaller version of its console from the 80s.