“We have not factored in any kind of a big negative impact of this on our estimates because they have litigations under process. But net-net, I think yes, you will see a re-rating in terms of valuation because of this issue being resolved,” says Karan Taurani, Elara Securities. Is this a big sigh of relief … Read more
Sony has revealed that it will be announcing a new Xperia device on September 1 on a livestream via its official YouTube page. The nature of the device is still unclear; however, it could be the Xperia 5 IV smartphone. This handset was reportedly spotted on the US Federal Communications Commission (FCC) certification database. Rumours … Read more
A user-created game modification — or mod — designed to replace in-game pride flags from the recently-released PC port of Marvel’s Spider-Man Remastered, was reportedlt taken down by NexusMods and ModDB, two of the biggest online sites for PC game mods. Both sites have confirmed that the ‘troll’ mod, which was uploaded from a new account, had been removed. According … Read more
Spider-Man is finally on PC — and it might be the greatest decision Sony has made to expand its outreach. If the headline didn’t give it away, I’m talking about Marvel’s Spider-Man Remastered, the updated next-gen version of the 2018 award-winning title. As someone who doesn’t own a PlayStation console, this is quite eventful — … Read more
Nvidia on Monday warned its second-quarter revenue would drop by 19 percent from the prior quarter on weakness in its gaming business, sending the chip designer’s shares down about 8 percent. The company reported preliminary results for the second-quarter, just days after chipmaker Intel, Qualcomm, and Sony forecast weak sales on demand concerns for personal computers and … Read more
The head of Taiwanese tech giant TSMC warned an invasion of the island would render his factory “not operable” as tensions rise ahead of a potential visit by US House Speaker Nancy Pelosi. On Monday, Pelosi kicked off an Asia tour that has been shrouded in secrecy, with much speculation but no confirmation on whether … Read more
Backbone One PlayStation Edition controller for iPhone has been launched in select countries. iPhone users can now play PS5 and PS4 games directly on their handsets by connecting the controller to the phone and using the PS Remote Play app. (The app also facilitates PlayStation gaming on PC, Mac, and Android devices.) And naturally, the … Read more
It is agreed that CEOs are the pivot of any organisation and often their names are associated with the success of the company. This is understandable as they take the responsibility of delivering shareholder value and also tend to be the highest paid personnel. Interestingly, it has been found that among Fortune 500s CEOs, around … Read more
Sony said on Wednesday that it’s launching a new line of headphones and monitors targeting the growing PC market for videogames as the Japanese conglomerate looks beyond its core PlayStation console gaming audience. Sony, whose PlayStation 5 console has been affected by supply chain snarls, last month announced a pivot towards releasing more titles on … Read more
Russia has hit back at western sanctions for invading Ukraine by imposing export bans on a string of products until the end of 2022, BBC reported. The ban covers exports of telecom, medical, vehicle, agricultural and electrical equipment, as well as some forestry products such as timber. The economy ministry said further measures could include … Read more