Publishing

Share prices tumble in wake of financial results

The world’s leading game companies are reeling on the stock exchange in the wake of the recent spat of financial reports, with French publisher Ubisoft suffering particularly badly. Following yesterday’s Q3 report, Ubisoft’s stock price has since dropped by 23.5 per cent on the Paris exchange, most likely as a …

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Far Cry 2 nears 3m sales

Along with its financial results and confirmation of a new outing for Assassin’s Creed, Ubisoft has also confirmed that its next-gen sandbox shooter Far Cry has now sold 2.9m copies worldwide. In addition, Shaun White Snowboarding has sold 2.3m copies and can claim the crown of being the second best-selling …

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Microsoft to cut 5,000 jobs

Leading software developer and Xbox 360 platform holder Microsoft has confirmed the speculation that it is to slash 5,000 members of its global workforce following an 11 per cent year-on-year decline in net profit. For the three months ending December 31st the firm reported a net profit of $4.17bn. Shares …

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eBay suffers steep Q4 income drop

Internet auction giant eBay has revealed that revenues for Q4 2008 were down seven per cent on the same period in 2007, reaching $2.04bn – far lower than analysts had predicted. Worse still, revenue for Q4 was down a hefty 31 per cent on the quarter before. We’ve been operating …

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SCEE has no plans to reduce headcount

SCE has confirmed to MCV that it has no plans to reduce the headcount of its European operations as part of Sony’s worldwide cost-saving restructuring efforts. The assurance follows the news that Sony has revised its earnings forecast and increased its predicted losses for the year ending March 31st. It …

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Wii version of Spore on the way

EA Maxis has confirmed it will be releasing four new titles in the Spore series before the end of 2009, including expansion packs and standalone products and, for the first time, a Wii iteration of the franchise. Spore senior producer Morgan Roarty revealed the four releases will be spread across …

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Arsenal to introduce in-match replays via PSP

Arsenal fans may be able to watch instant replays of goals and tackles on their PSP while attending matches at the team’s Emirates Stadium. The club’s commercial director Adrian Ford said a Sony-developed application will enable PSP owners to watch near-instant replays, view data and statistics and receive live streaming …

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