Electronic Arts forecasts annual bookings below estimates as gamers cut spending
Electronic Arts, a prominent video game publisher, recently projected lower-than-expected full-year bookings, citing a general slowdown in spending within the gaming industry due to economic uncertainties.
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Sony Pictures, Apollo Offer to Buy Paramount Global for $26 Billion in Cash
In a fresh development in Paramount Global’s merger and acquisition story, Sony Pictures Entertainment and Apollo Global Management have jointly proposed to take Paramount private with an all-cash buyout offer of $26 billion.
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Chip parts supplier Siltronic’s profit falls on high client inventories
German semiconductor equipment supplier Siltronic (WAFGn.DE) reported a 27.5% decline in first-quarter core profit on Thursday, following a recent adjustment of annual targets in response to persistently high customer inventories.
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Apple’s iPadOS subject to tough EU tech rules, EU says
Apple’s new operating system for iPads has been classified as a gatekeeper by EU antitrust regulators due to its significance for business users, according to the European Commission.
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