Alphabet, the parent behind Google and all associated businesses, released numbers for Q3-2023. And while CEO Sundar Pichai may have officially stated to be “pleased” with the financial results, the street thinks otherwise. As Google Cloud continued to show a slowing growth for fourth consecutive quarter, Alphabet’s stock price nose dived by over 6% in … [Read more…]
Netflix, the streaming giant known for its extensive library of movies and TV shows, is venturing further into the world of gaming. After initial forays into mobile gaming, Netflix is now conducting tests to support game streaming on TV platforms and web browsers in the US. This development aims to extend the accessibility of games … [Read more…]
In a massive change, Microsoft has restructured the proposed deal to acquire Activision Blizzard – in response to regulatory hurdles, the tech titan will be transferring the cloud streaming rights for current and new Activision Blizzard games to Ubisoft, the same company that gave us popular gaming franchises such as Assassin’s Creed and Watch Dogs. … [Read more…]
The recently-ended quarter has seen a strong performance from tech titan Microsoft, if the company’s numbers are any indication. Its results for Q1 FY24 paints a strong picture of the Redmond-headquartered Microsoft, whose strategic investments in AI are clearly paying off. Cloud has been a big driver, even when rival Google Cloud is seeing a … [Read more…]