Wednesday, April 5, 2023

Nintendo and Sony embracing direct-to-audience streams, added to the pandemic, led to E3's demise; fan conventions and networking events have survived the shift (Megan Farokhmanesh/Wired)

Megan Farokhmanesh / Wired:
Nintendo and Sony embracing direct-to-audience streams, added to the pandemic, led to E3's demise; fan conventions and networking events have survived the shift  —  These days, video game companies can just promote their hardware and new releases via prepackaged livestreams.  Why would they bother with a trade show?



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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...