China's Tencent quarterly profit rises 32%

Chinese Internet giant Tencent on Wednesday posted a third quarter net profit increase of 32 percent, benefiting from the popularity of its instant messaging services and online games.

China's Tencent posts Q2 profit surge

Chinese Internet giant Tencent posted a second-quarter net profit increase of 32 percent on Wednesday, despite a decelerating domestic economy.

Game maker Zynga stock tanks after weak 2Q report

(AP) — Zynga Inc. lost money and received less revenue than anticipated in the second quarter because "CityVille," ''FarmVille" and other games are not attracting as many paying players as they should.

Videogame play becomes a spectator sport

Videogame play is becoming a spectator sport. "It is the next evolution in gaming," said Matthew DiPietro of TwitchTV, an online platform that enables people to stream play live online.

S. Korea computer game giant takes on US mobile market

South Korea-based WeMade Entertainment went shoulder-to-shoulder Wednesday with titans at the E3 videogame extravaganza in Los Angeles with games designed to bring computer-quality play to smartphones or tablets.

Sony's Stringer 'to step down' as president

Howard Stringer, the Welsh-born American head of Japanese games, music and electronics giant Sony, is to step down as the firm's president, reports said Saturday, while remaining CEO and chairman.

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