Games

Tencent Shares Spike as China Watchdog Flags Video Game Approvals

Tencent Holdings’s shares surged on Friday after a local regulatory official said some new video games had been cleared for sale, ending a lengthy freeze in approvals that has spooked players in the world’s largest gaming market. Feng Shixin, a senior official of the ruling Communist Party’s Propaganda department, said in a speech at a […]

Games

GameStop Misses Estimates on Lower-Than-Expected Video Game Sales

GameStop Corp, the world’s largest video game and gaming console retailer, reported a lower-than-expected quarterly profit on Thursday due to lower sales of video game software at its outlets. Shares of the company fell about 5 percent to $14.43 (roughly Rs. 1,040) after the bell on Thursday. Net sales from the video game software business […]