The US holds one of the biggest markets in gaming when it comes to revenue, sales, market cap and all manner of statistics. Within the US, the biggest gaming company has historically been Activision, with franchises such as Call of Duty pushing the publisher to new heights. Surprisingly, Activision Blizzard …
Read More »Nvidia surpasses Intel market cap for the first time
For the first time this week, NVIDIA has surpassed Intel in market cap, making Nvidia the largest U.S. chip maker in terms of market value. This comes after a steady rise in Nvidia share prices over the last 12 months, bolstering the GPU company's value. The upswing in Nvidia's stocks …
Read More »Vivendi’s share of Ubisoft is still growing, at 24 percent
Despite a concerted effort by Ubisoft founders and executives, French multinational media conglomerate Vivendi, is still managing to increase its stake in the publisher. In the past few months it's increased its ownership of the company to 24 percent, cementing its attempt at a hostile takeover. Vivendi's last big stint …
Read More »Snapchat’s rumoured IPO could value it at $25 billion
Snapchat, the company that turned down three billion dollars in Facebook money just three years ago, is now readying itself for a public offering, which could see the company valued at $25 billion (£20.5 billion). If successful, it would be the biggest tech IPO since Twitter went public in 2013. …
Read More »Facebook is buying WhatsApp for almost $20 billion
In one of the largest ever acquisitions of an internet based startup, Whatsapp, the messaging service used by millions around the world to send text and images to one another, is being bought by social networking giant Facebook, for a total of $19 billion in cash and company stock. The …
Read More »Foxconn shares soar on iPhone rumours
Foxconn share prices have jumped by a huge 31.9 per cent after rumours began circulating that the electronics manufacturer would be producing the next iPhone, winning a big contract bidding war with other potentials. This despite the fact that just two weeks ago it admitted to using child labour. This …
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