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After Destiny's September release, Activision Blizzard is the latest large game maker to beat Wall Street estimates with the help of online purchases, signaling a bounce back for the industry.
The video game maker sails past expectations as it gears up to deliver the sci-fi shooter Destiny, its most expensive title to date.
Facebook's virtual reality company is readying motion control prototypes for its headsets to offer a more immersive experience for consumers.
The record-setting number does include standard costs, like marketing, packaging, and royalties. But still, the amount is massive.
The game, expected to launch on Xbox and PlayStation consoles later this year, is the first major release from Bungie since the Halo franchise.
The company can now buy back Vivendi's shares without holding a shareholder vote on the matter.
Vivendi's $8.2 billion sale was all set to go before a shareholder filed suit requesting a vote on the matter.
Game giant Activision Blizzard is taking back the firm's controlling stake in deals worth more than $8 billion.
The popular MMO has dropped 14 per cent of its subscribers in three months, but still boasts 8.3 million players.
Activision Blizzard CEO Bobby Kotick says his company has witnessed "slower-than-expected adoption" of Nintendo's new game console.