Search results for Blockbuster
Games & Commerce
Microsoft weighs Xbox restructuring options including spinoff and joint venture
Microsoft is considering restructuring options for its Xbox games business, including a spinoff, converting it into a wholly owned subsidiary and setting up a joint venture, The Information reported. It said there would be no immediate changes and that all options were under review. Xbox has faced difficulties despite bets on subscriptions and cloud gaming. Xbox CEO Asha Sharma plans higher investment in new franchise titles, though budgets are not final.
Finance
SpaceX confirms IPO to raise more than 100 trillion won, contrasting with Korea\'s big-deal drought
SpaceX is proceeding with a Nasdaq listing and confirmed an offering of 555,555,555 common shares at $135 each, implying about $75 billion in proceeds, with potential upside if an overallotment option is exercised. In South Korea, the IPO market remains subdued despite a strong stock market. New listings and fundraising are limited, with a shortage of large deals and weak post-listing share performance weighing on sentiment.
Industry
U.S. senator presses SEC to delay SpaceX IPO ahead of listing
U.S. Senator Elizabeth Warren (Elizabeth Warren) urged the Securities and Exchange Commission to delay SpaceX\'s initial public offering, citing concerns over valuation, corporate governance and investor protection. She warned the listing could pose an unusual threat to investor safeguards and market integrity. Warren also raised issues tied to SpaceX\'s acquisition of Elon Musk-owned xAI and potential index inclusion that could expose index fund investors to risks without choice.
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Games & Commerce
Nexon Q1 operating profit jumps 40 percent on MapleStory, Ark Raiders success
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AI & Enterprise
Microsoft feared losing control to OpenAI even before ChatGPT launch, court shows
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AI & Enterprise
CJ ENM unveils AI feature film \'Apartment\', says AI is next after CG
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Business & Finance
Elon Musk to entrench lifetime CEO control at SpaceX
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Games & Commerce
Chipflation drives up console and PC prices, raising fears gaming becomes an expensive hobby
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AI & Enterprise
Meta unveils Muse Spark AI model, eyes AI-native networks
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AI & Enterprise
Claude prompt writing can take 5 minutes; practical ways to use it
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Games & Commerce
NCSoft targets 5 trillion won revenue by 2030 with predictable growth model
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Games & Commerce
Classic IP, 30s-40s spenders and genre design fuel return of idle games
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Games & Commerce
Nintendo rolls out two-track strategy, from mid-sized new titles to major IPs
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Games & Commerce
Pearl Abyss breaks seven-year silence with Crimson Desert, test for K-game DNA innovation
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Games & Commerce
Nexon\'s Arc Raiders tops 12.4 million copies sold worldwide
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Games & Commerce
GTA 6 tsunami, China assault put K-games on the brink in \'fateful year\'