Electronic Arts Joins Downsizing Companies with Plans of 6% Job Cuts
Meanwhile, Electronic Arts dropped its booking expectation last month as consumers began to slow down on spending.
Electronic Arts Cuts Booking Expectations as Spending Slows
EA expects the total annual booking for the current fiscal year to come in between $7.07 billion and $7.17 billion.
Video Game Publisher EA Sports Beats Revenue Expectations in Q2 2023
While it remains cautious per its current quarter, EA Sports said it is positively aligned to deliver stronger growth over the long term.
Amazon Set to Buy Video Game Publisher Electronic Arts, EA Stock Shoots 6%
Sources familiar with the matter said that Amazon has managed to outbid all other heavyweights and could make an official announcement later today.
US Stocks Start Moving South After Last Week’s Recovery
After a week of recovery, the US stock market continues to remain tepid with no clear catalyst to carry the rally forward.
EA CEO: NFTs and Play-to-Earn Games Are Future of Gaming Industry
By Sanaa Sharma
EA is expected to start supporting and eventually adopting blockchain and NFTs, as it earlier published some relevant job posts.
Electronic Arts Reaches Agreement with Codemasters in $1.2B Takeover
By John K. Kumi
The Electronic Arts deal with Codemasters involves a whopping amount of around $1.2 billion which outweighs the $973.01 million offered by Take-Two.
Deutsche Bank Bets on Video Game Industry and Upgrades Activision Blizzard to ‘Buy’
By Darya Rudz
Deutsche Bank analyst Brian Kraft believes that the end of the pandemic will lead to the video game industry outperforming the expectations.
Microsoft (MSFT) Stock Down 2.51%, Two Employees Infected with Coronavirus
While the coronavirus fears are spreading in the U.S., many tech giants are under their influence as well. MSFT stock lost over 2% yesterday and continues falling in the premarket.
Electronic Arts (EA) Misleads Crypto Twitter With Seemingly Supportive Tweet
By Tolu Ajiboye
Electronic Arts (EA) is not one of the traditional firms that are going the crypto way. However, a recent tweet from the company sought to mislead the crypto community that it was and succeeded quite well at it.
Gamers Anticipate New Need for Speed as EA Website Launches Live Countdown
By Tolu Ajiboye
EA has launched a live countdown on the Need for Speed section of its website. It is believed that a new edition of the 25-year-old NFS franchise is to be released on Wednesday.
US Teen Rakes in $3 Million at Fortnite World Cup
16-year-old Kyle Giersdorf won $3 million after taking the top prize in a videogame tournament for the popular online video game, Fortnite representing the biggest-ever prize for one player in such a tournament.
Electronic Arts (EA) Stock Climbs Higher as ‘Apex Legends’ Hits 25M Players in 7 Days
Aftermath a tepid earnings report Electronic Arts recharges investors attention announcing its foothold in the battle royale games — Apex Legends that has attracted 25M of active users.
EA Stock Jumps as Apex Legends Gets 10M Players in Just 3 Days
A game developed by Electronics Arts Inc as a competitor to the wildly popular “Fortnite” has signed up 10 million players within three days of its launch, the videogame maker said, driving its shares up 16 percent on Friday.
‘Mining While Gaming’ Platform Dragonglass Brings EA’s Jim Burton On Board
Dragonglass, the world’s first gamified cryptomining experience, will turn mining into an easier, less expensive and interesting process.