Tuesday, May 5, 2020

Activision Blizzard CEO says people may turn to free mobile games during the pandemic, after the company beat Q1 expectations with sales of $1.52B, up 21% YoY (Shannon Liao/CNN)

Shannon Liao / CNN:
Activision Blizzard CEO says people may turn to free mobile games during the pandemic, after the company beat Q1 expectations with sales of $1.52B, up 21% YoY  —  New York (CNN Business)While much of the economy is hurting during the pandemic, video games are thriving.



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...