Tech giant Microsoft has announced it will cut 10,000 jobs in the latest round of staff redundancies to hit the tech industry. It will affect up to 5 per cent of its global workforce (which consists of over 220,000) and cost the business some $1.2 billion (€1.1bn) in severance and reorganisation costs. Microsoft chief executive […]

A comprehensive eport from investment bank Exane/BNPP says it expects the Video Games sector to “rebound in 2023 helped by stronger line up of new games and better availability of new-generation consoles.” The bank reminds clients that 2022 proved to be a “corrective year” for the games sector, where the industry overall suffered a 10 […]

Microsoft and satellite operator Viasat have agreed a new partnership to help deliver Internet access to 10 million people around the globe, including 5 million across Africa. Viasat is the first satellite partner to work with Microsoft’s Airband Initiative, and together they will deepen Airband’s work in the Democratic Republic of the Congo, Nigeria, Guatemala, […]

The US Federal Trade Commission is preparing a legal battle with Microsoft to block its plan to purchase the Activision Blizzard video game studio. Regulators cited competition concerns, saying they feared that if the deal went through, Activision Blizzard’s games would stop being offered on non-Microsoft gaming consoles. The Activision Blizzard purchase was set to […]

Plume has revealed insights into the game console market from a study conducted from homes powered by its cloud-driven solution. The latest Plume IQ explores the rate at which Plume-powered homes are adding game consoles to their networks, the popularity of game console brands, and data usage, with new entrant Steam arriving to potentially disrupt […]

The US Federal Trade Commission (FTC) is reportedly set to to file an antitrust lawsuit to block Microsoft’s $69 billion (€66.3bn) takeover bid for video game publisher Activision Blizzard. A lawsuit challenging the deal is not guaranteed – but FTC staff reviewing the deal are said to be sceptical of the companies’ arguments, according to […]

The European Commission has opened an in-depth investigation to assess the proposed acquisition of Activision Blizzard by Microsoft under the EU Merger Regulation. The Commission is concerned that the proposed acquisition may reduce competition in the markets for the distribution of console and PC video games and for PC operating systems. The deal is already […]

Interbrand has announced its Best Global Brands 2022 ranking at Web Summit 2022. Apple holds onto the number one position for its 10th consecutive year, while Microsoft has moved up into second place, overtaking Amazon. Microsoft, Tesla and Chanel have seen the greatest YoY percentage growth, all increasing brand value by 32 per cent. Despite […]

TIP (Telecom Infra Project) has established a new project group that addresses one of the central topics in today’s telecommunications industry, metaverse-ready networks. The metaverse aims to transform how people interact by delivering immersive experiences that will require better network performance, for both fixed and mobile networks. According to TIP – a global community of […]

Netflix has revealed further details of its lower-priced, ad-supported plan. In a Blog post, Greg Peters, Chief Operating Officer and Chief Product Officer, said the company is “excited” to launch Basic with Ads — its ad-supported plan — in November. The plan will cost £4.99 a month in the UK and launch on November 3rd […]