Sony has announced a surge in revenue and profit from PlayStation 4 sales ahead of the PS5’s November launch. As the PlayStation 4 slowly drives off to the sunset, Sony’s gaming division continues to rake in the profits. The Japanese company has posted PlayStation revenue of 507 million yen, or more or less $4.9 billion. Moreover, the company also posted an operating profit of 105 trillion yen, or more or less $1 billion. These numbers came in during the July-September quarter. PlayStation Profits The Verge reports that these numbers represent an increase of 52% and 40% for Sony’s revenue and…
Author: Aaron Tosin
Aaron Tosin
A writer with a difference!
The Japanese head coach of CYCLOPS athlete gaming tweeted that his team threw a match to get better seeding points and more money. Before, throwing matches used to happen in boxing. Now, though, even esports teams are doing it. The Japanese head coach of a pro Rainbow Six: Siege team tweeted that his team threw a match. Moreover, the team dropped the game to get better seeding points. Throwing Rainbow Six Matches Kotaku reports that the coach headed the CYCLOPS athlete gaming team. In Japan, this team is the best Rainbow Six team. They also qualified in the R6 November…
Bloomberg’s list of billionaires indicate Tesla’s Elon Musk is now the fourth richest in the world. Tesla is further buoying the unconventional chief exec Elon Musk into the ranking of the wealthiest person on the planet, according to Bloomberg. Richer Elon Musk The electric vehicle giant just boosted its shares by 11 percent at the start of this week. Per Bloomberg, Tesla’s stock closed a record high on Monday. This increase further added a $7.8 billion to Elon Musk. As a result, Musk also climbed the 500 richest people in the world. https://twitter.com/wealth/status/1295851239037689857?s=21 The Tesla chief exec, which is now…
General Motors announced that it will convert its Detroit-Hamtramck assembly plant into a “Factory Zero,” which will only produce EVs once finished. Carmaker General Motors had announced Friday last week that it will revamp its Detroit-Hamtramck assembly plant. GM also decided to rebrand the facility, now calling it “Factory Zero.” ‘Factory Zero’ GM will pour $2.2 billion investment to convert the Detroit-Hamtramck Assembly Center into Factory Zero. It is the largest amount the company has spent on a plant, Business Insider said. Moreover, the new facility will also create over 2,000 jobs once finished. https://twitter.com/gm/status/1317124008568147969?s=21 The facility, which used to…
The Esports Integrity Commission banned seven Australian Counter-Strike players for a year, for betting on their matches. Sports gambling has reached esports. On Friday, seven Australian Counter-Strike players got banned for betting on their games. Some of them also had friends bet on the same games. For gambling, these players received year-long bans. Betting on Counter-Strike Kotaku reports that the Esports Integrity Commission handed out the bans. Moreover, the banned gamers played in Australia’s major Counter-Strike league, the ESEA’s Mountain Dew League. The Kotaku report also notes that authorities can spot match-fixing or betting quickly. Here’s the list of the…
In 2012, over 65% of the respondents of a survey had believed that by the year 2020, mobile payments would have completely replaced the need for cash, or even, credit card payments. And while this is not true everywhere, this same project came back in 2016 to report that almost half of the surveyed consumers in the United States had admitted to making mobile payments on multiple occasions! This shift, while perhaps not as dramatic as originally expected, makes it very clear indeed that, if your business is not taking mobile payments? You’re behind the competition. Which brings us to…
Smartwatch maker Garmin has released the Instinct Esports Edition watch designed for esports players and streamers. Esports players have to stay fit, too. Garmin’s new smartwatch would help them track their fitness levels, like physical athletes. If you get this watch, you can monitor your heart rate and stress while playing an intense video game. Garmin’s Esports Smartwatch Gizmodo reports that Garmin’s new watch is the Instinct Esports Edition. The company says it designed the watch for esports athletes. With the watch, gamers can track their heart rates and stress levels. Moreover, you also get a PC streaming tool called…
The mobile-first streaming service has announced it is shutting down, just a few months after its April launch. Goodbye, Quibi. After months of bad news, the mobile-first streaming service has decided to close up shop. Quibi Shutdown Gizmodo reports that Quibi had tried to sell to other content companies. On the other hand, The Information says Quibi also thought about closing. Today, it seems the company chose the latter. What Happened to Quibi? The Wall Street Journal adds that Jeffrey Katzenberg had already told investors he was closing Quibi down this year. Notably, Quibi had launched last April. Katzenberg founded…
A new DMCA strike has led Twitch to take down thousands of videos using copyrighted music from the platform. The music industry is cracking down on Twitch. Today, the company has taken down thousands of videos for illegal use of music. Users got emails telling them about the takedowns. Several users have used copyrighted music for their videos. However, the industry has pressured Twitch to do something about it. Twitch Takedowns In June, the RIAA had already filed copyright claims against Twitch videos. Now, Twitch has decided to delete the videos. With this move, Twitch did not let users respond…
New reports indicate that Quibi is selling off its content library to companies like Facebook and NBC, ahead of a potential shutdown. Quibi might be on the way out. The mobile-first streaming service has failed to attract subscribers this year, despite the new features. With Quibi, you can watch bite-sized videos on your phone. The app also uses the Turnstyle technology for changing from portrait to landscape modes. However, new reports indicate a possible shutdown. Quibi Closes Engadget reports that Quibi’s founder and chairman, Jeffrey Katzenberg, has started telling people that he plans to shut down the company. Moreover, Katzenberg…