PlayStation-Maker Sony Faces Deep-Pocketed Rivals in War Over Gaming’s Future as Microsoft Acquires Activision

Sony, perched atop the gaming sector, is facing a fresh challenge from cash-rich rivals betting on a next-generation online video game boom as the Japanese conglomerate eyes expansion on multiple fronts, including electric cars. Microsoft, a laggard in the generational console battle with Sony, took a major step to position itself for the “metaverse” – … Read more

PlayStation-Maker Sony to Buy Halo-Creator Bungie for $3.6 Billion as Gaming Fight Heats Up

PlayStation maker Sony announced a $3.6 billion (roughly Rs. 26,830 crore) agreement on Monday to buy US video game studio Bungie, creator of hits like Halo and Destiny, as a gaming industry battle heats up with Microsoft. Sony’s deal comes weeks after Microsoft unveiled a landmark $69 billion (roughly Rs. 5,14,200 crore) pact to acquire Call of Duty maker Activision … Read more