Thursday, November 5, 2020

EA reports Q2 revenue of $1.15B, down 14% YoY, outperforming expectations, but forecasts a weak next quarter due to a possible waning pandemic gaming bump (Dean Takahashi/VentureBeat)

Dean Takahashi / VentureBeat:
EA reports Q2 revenue of $1.15B, down 14% YoY, outperforming expectations, but forecasts a weak next quarter due to a possible waning pandemic gaming bump  —  Electronic Arts reported financial results today that beat Wall Street's expectations with revenue falling 14% to $1.15 billion …



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...