gaming
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EA to Go Private in $210-a-Share Deal
Electronic Arts (EA) is set to be acquired by a consortium led by Saudi Arabia’s Public Investment Fund (PIF), Silver Lake, and Affinity Partners in a $55 billion all-cash deal. Shareholders will receive $210 per share. The privatization of the gaming giant, known for franchises like Battlefield and The Sims, is expected to be one of Wall Street’s largest leveraged buyouts. The deal is subject to regulatory scrutiny and customary closing conditions, with expected closure in early next year. EA shares surged following the announcement.
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Red Rock Resorts Sets Date for Third Quarter 2025 Earnings Release and Conference Call
Red Rock Resorts, Inc. will release its Q3 2025 financial results on October 28, 2025, followed by a conference call at 4:30 p.m. ET. The call offers insights into the company’s performance in the Las Vegas locals market, a bellwether for broader economic trends. Analysts will focus on revenue, occupancy, and spending. Access the call domestically at (888) 317-6003, passcode 4077317. A replay will be available until November 4. Red Rock operates Station Casinos, strategically located throughout Las Vegas, and is investing heavily in technology and digital gaming.
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Xbox Price Hike in U.S. Blamed on Macroeconomic Factors
Microsoft will increase the suggested retail price of select Xbox consoles in the U.S. starting in October, citing “changes in the macroeconomic environment.” Prices for Xbox Series S will start at $399, and Xbox Series X models will increase by $50-$70. This follows similar price adjustments by Sony and Nintendo. The company states the price changes reflect evolving economic realities, but insists pricing in other global markets will remain unchanged. The Wedbush Securities analysis suggests this reflects a strategic understanding of competitors combined with the Game Pass value proposition.
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Yu Ruichao of Tencent IEG: Innovating for Quality, Building a New Ecosystem for Industry Development
The 2025 China International Digital Entertainment Congress (CDEC) summit, held alongside ChinaJoy in Shanghai, focused on “Gathering New Quality Productivity and Catalyzing Global Resonance.” Speakers emphasized the importance of sustained technological innovation and leveraging gaming’s role in AI development. Tencent highlighted its long-term R&D investments and the impact of AI on gaming, from production to user experience. The Congress also explored how gaming technology can promote “Tech for Good” initiatives across various sectors.
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2025 CDEC Summit: HarmonyOS Powering the Future of Gaming
At the China Digital Entertainment Congress (CDEC) in Shanghai, Huawei highlighted HarmonyOS 5 and its impact on the gaming industry. HarmonyOS now powers over 10 million devices, with over 6,500 HarmonyOS games available. Fueled by technological advancements and content integration, China’s game market is booming, generating significant revenue both domestically and overseas. HarmonyOS’s architecture, performance, and openness are promoting high-quality game development. Huawei is empowering developers with AI, interconnectivity, and optimized performance via the Ark Engine, also expanding globally and supporting mini-games, with 8 million registered developers.
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ChinaJoy Day 1: HarmonyOS Games Spark Player Frenzy
ChinaJoy 2025 featured Huawei’s Gaming Center, highlighting over 50 HarmonyOS games, including popular titles like “Honor of Kings” and “NBA 2K Showdown.” The 1,000㎡ HarmonyOS gaming zone showcased advancements like a 21% responsiveness improvement in optimized games and innovative “Tap-to-Play” multiplayer features, enabling quick file sharing and offline gaming. Demonstrations included car console gaming and AI-powered game assistants, emphasizing speed, intelligence, and cross-device integration within the HarmonyOS ecosystem.
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Li Xiang: My Wife Was Introduced by Mao Kankan, and I am Deeply Saddened by His Passing
During an interview, Li Auto CEO Li Xiang shared personal reflections, emphasizing the significant influence of the late Mao Kankan on his life, including introducing him to his wife and gaming friends. Li also discussed his views on parenting, advocating for valuing children’s individuality and supporting their choices, even unconventional ones. He further expressed appreciation for his wife’s dedication to their family. The interview also revealed Li’s entrepreneurial past and ongoing friendships through gaming. The article notes Mao Kankan’s earlier prominence and tragic passing.
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Landmark Case: Lawyer Sues Tencent’s Honor of Kings, Demanding Transparency of Matchmaking Algorithm, August 12 Court Date
Tencent is facing a lawsuit in China over the matching algorithm in “Honor of Kings.” A player alleges the algorithm manipulates matches to force a 50% win rate and is suing for disclosure of the algorithm’s mechanics. The plaintiff cites consumer rights to information. Tencent claims the algorithm is a trade secret. This is reportedly China’s first case concerning gaming algorithms. The lawyer aims to raise awareness about algorithmic fairness in the industry.
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Covestro Unveils High-Performance Transparent Flame-Retardant Polycarbonate for Enhanced Esports Device Lighting Effects
The trend of transparency is back in consumer electronics, driven by a desire for “performance you can see.” However, achieving both aesthetics and reliability presents challenges, especially concerning flame retardancy and material performance. Covestro addresses this with its Makrolon® high-performance transparent flame-retardant polycarbonate solutions, offering various products like Ambiance Master, Insight Eye, and Hardcore Guardian. These innovations aim to enhance gaming experiences, reveal internal workings, and provide robust protection for devices, exploring design possibilities with colorful, clear, and classic black transparency options.
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Butler National Corporation Reports Fiscal Year End 2025 Financial Results
Butler National Corporation reported record earnings of $0.19 per share and a 27% year-over-year surge in operating income to $16.8 million for fiscal year 2025. The company saw strong performance in its Aerospace Products segment, with revenue up 15%, driven by new aircraft modifications and increased deliveries. The Professional Services segment remained stable. Butler National also announced strategic investments in new product development and expansion of fabrication capabilities.