Tag: Entertainment Content

The Federal Trade Commission is set to file for an injunction Monday seeking to block Microsoft’s proposed acquisition of Activision Blizzard, a person familiar with the matter told CNBC.

For people who have been sharing their Netflix password with family and friends who aren’t living with you, the day of reckoning has arrived.

Swedish gaming group Embracer’s share price plummeted on Wednesday after the group slashed its forecast for the year and said a $2bn partnership deal had fallen through.

Meta has begun its third round of layoffs as part of the company’s multibillion-dollar plan to save costs.

Meta has been fined a record 1.2 billion euros ($1.3 billion) by European privacy regulators over the transfer of EU user data to the U.S.

Ubisoft Entertainment shares UBI, -0.57% slumped, making it the second-worst performer in the Stoxx Europe 600, following a double downgrade to sell from buy at UBS

Disney has abandoned plans to open up a new employee campus in Lake Nona, Florida, amid rising tensions with the state’s governor.

Take-Two Interactive Software TTWO reported mixed fourth-quarter results but signaled that key game releases will drive stronger growth in the years to come.

Tencent reported an 11% jump in quarterly revenue Wednesday, marking its fastest growth in more than a year, as the company saw a big rebound in payment volumes, ad sales, and gaming.

Shares in Manchester United jumped 8% in premarket trading Wednesday following reports that Qatari banker Sheikh Jassim Bin Hamad Al Thani has made an improved bid for the soccer club.

European regulators are expected to approve Microsoft’s $69 billion deal for Activision Blizzard imminently. A European approval wouldn’t clear the path for acquisition to go ahead, but it would be a helpful point of reference for Microsoft as it takes on objections in the U.S. and U.K.

Elon Musk said that he has found a CEO for Twitter but didn’t say who it was. Tesla investors were happy nonetheless.

Disney on Wednesday reported that its streaming losses narrowed as price increases helped offset the loss of 4 million subscribers at Disney+.

Walt Disney Co’s quarterly revenue growth is expected to hit its lowest in nearly two years, underlining the hurdles that Chief Executive Bob Iger faces in revitalizing a company that is now caught in what could be a long strike by Hollywood writers.

Electronic Arts EA stock was rising in late trading Tuesday after the game publisher reported better-than-expected earnings results.