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Hasbro profit misses as production delays weigh on board game sales

(Reuters) – Hasbro Inc (HAS.O) missed analysts’ estimates for quarterly earnings and revenue on Monday, as production shutdowns due to the COVID-19 pandemic crimped the toymaker’s efforts to cash in on strong demand for its board games. The company’s shares, w... More »

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Ubisoft shares sink after misconduct review

PARIS (Reuters) – Ubisoft (UBIP.PA) shares dropped 9% on Monday after the French video games group said over the weekend that three senior managers were leaving the company following a review into allegations of inappropriate behaviour. Ubisoft, which makes ga... More »

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Nishikori already has sights set on 2020 Tokyo Olympics

(Reuters) – There are still four Grand Slam events that will be contested before medals can be won at the Tokyo Olympics but as far as Kei Nishikori is concerned, all roads from now on lead to one destination. “For me it (the Olympics) will be the biggest even... More »

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Walmart tells staff to pull violent video game signage from stores

(Reuters) – Walmart Inc said on Friday it has asked employees at its stores in the United States to take down signs and playable demos of violent video games but made no changes to its policy on selling firearms. In an internal memo, Walmart also asked its emp... More »

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Bah humbug! Trump’s plan for more China tariffs to hit festive…

WASHINGTON/NEW YORK (Reuters) – This year’s holiday season could be tighter for many Americans if the U.S. government imposes tariffs on another $300 billion worth of Chinese imports – because that will include tech products, game consoles, toys, cribs, orname... More »

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U.S. firms say China tariffs will raise costs, see few sourcing…

WASHINGTON (Reuters) – A wide range of U.S. companies told a hearing in Washington on Monday that they have few alternatives other than China for producing clothing, electronics and other consumer goods as the Trump administration prepares new tariffs on remai... More »

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Tencent, Kakao among shortlisted bidders for South Korean gaming…

SEOUL (Reuters) – Chinese tech giant Tencent and South Korea’s biggest chat operator Kakao Corp are among five bidders shortlisted to buy South Korean gaming firm Nexon, the Korea Economic Daily newspaper reported on Monday. The newspaper said NXC Corp, the ho... More »

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Brick by Lego brick, teen builds his own prosthetic arm

SANT CUGAT, Spain (Reuters) – David Aguilar has built himself a robotic prosthetic arm using Lego pieces after being born without a right forearm due to a rare genetic condition. Aguilar, 19, who studies bioengineering at the Universitat Internacional de Catal... More »

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China deletes ‘malicious’ mobile apps

(This January 24 story corrects throughout to say that the “Fruit Ninja” game deleted by the CAC was not developed by iDreamSky Technology Holdings Ltd, nor distributed by Tencent.) BEIJING (Reuters) – China’s cyber watchdog said on Thursday it has deleted clo... More »

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Margot Robbie to play Barbie in doll’s first live-action film

LOS ANGELES (Reuters) – Australian actress Margot Robbie is to play Barbie in the first live-action feature movie about the iconic and controversial doll, who has enjoyed multiple careers in her 60-year lifetime. Toymaker Mattel and movie studio Warner Bros on... More »

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Hedge fund Latimer Light says it is shutting down

BOSTON (Reuters) – Hedge fund Latimer Light Capital, which specialized in picking stocks, is closing its doors, becoming the latest casualty in an industry pummeled by the recent stock market sell-off. New York-based Latimer Light told investors it plans to sh... More »

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Amazon’s latest gadget: a self-driving toy car for coders

LAS VEGAS (Reuters) – Self-driving cars, meet Amazon’s self-driving toys. Amazon.com Inc’s cloud unit on Wednesday announced a $399 autonomous toy car, aimed at helping web developers try out some of their own self-driving technology. Customers can train and t... More »

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Lindsay Lohan loses ‘Grand Theft Auto’ appeal

NEW YORK (Reuters) – New York State’s highest court on Thursday rejected Lindsay Lohan’s appeal accusing the maker of “Grand Theft Auto V” of invading her privacy, concluding that video game characters that the actress said were based on her did not resemble h... More »

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Lego builds foundations in China classrooms as old markets slow

FILE PHOTO: A customer carries a Lego box at a Lego store in Beijing, China January 13, 2018. REUTERS/Jason Lee/File Photo BEIJING/SHANGHAI (Reuters) – Danish toymaker Lego is hoping to build a following with Chinese parents by promoting its place in the class... More »

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Nintendo to produce Super Mario animation film with Illumination

Nintendo’s game character Super Mario is seen on a screen at the presentation ceremony of Nintendo’s new game console Switch in Tokyo, Japan January 13, 2017. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Japanese videogames maker Nintendo Co Ltd said on Thursday i... More »

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Toymaker Lego teams up with Chinese internet giant Tencent

Sets of Lego bricks are seen at a toy store in Bonn, Germany, September 5, 2017. REUTERS/Wolfgang Rattay BEIJING/COPENHAGEN (Reuters) – Danish toymaker Lego is teaming up with Chinese internet giant Tencent Holdings Ltd (0700.HK) to jointly develop online game... More »

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U.S. ‘socially screened’ funds draw second-biggest inflows ever

FILE PHOTO: A U.S. Dollar note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration/File Photo NEW YORK (Reuters) – U.S. investors poured $4.7 billion into so-called socially responsible mutual funds and exchange-traded funds in ... More »

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From Covfefe to Hollyweed: Weird news grabs headlines in 2017

A late night Tweet is seen from the personal Twitter account of U.S. President Donald Trump May 31, 2017. The Tweet reads, “Despite the constant negative press covfefe”. Donald Trump/Twitter/Handout via REUTERS NEW YORK (Reuters) – President Donald Trump’s Ova... More »

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Too cold for a theme park, Disney looks to toy stores in Russia

An interior view shows the first Disney store opened on Friday in Moscow, Russia, December 1, 2017. REUTERS/Tatyana Makeyeva MOSCOW (Reuters) – Though too cold for a theme park, Russia’s underserved toy market makes it an attractive business prospect for Walt ... More »

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Vivendi’s music unit UMG worth more than $40 billion, CEO says

BARCELONA/LONDON (Reuters) – Vivendi’s Universal Music Group (UMG) could be worth more than $40 billion, Chief Executive Arnaud de Puyfontaine said on Friday, helping to buoy shares in the French media group after third-quarter results in which UMG was a highl... More »

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`Star Wars` embraces girl power with new heroine stories, toys

Some of Mattel’s Star Wars merchandise is seen at the 114th North American International Toy Fair in New York City, U.S., February 21, 2017. REUTERS/Stephanie Keith “Star Wars” is beefing up its girl power through a new series of animated short movies featurin... More »

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Thimble, wheelbarrow, boot kicked out of Monopoly board game

The eight current Monopoly tokens are surrounded by tokens being voted on for inclusion to the board game. Hasbro Inc./Handout via REUTERS If you have ever wanted to rampage through a game of Monopoly like a dinosaur, you’re in luck. More »

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Xbox unveils $9.99 monthly subscription for videogames

People walk past the Microsoft Xbox booth at the E3 Electronic Expo in Los Angeles, California, U.S. June 14, 2016. REUTERS/Lucy Nicholson Microsoft Corp’s Xbox division said on Tuesday it would launch a $9.99-per-month subscription service that will allow gam... More »

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Disney plans midnight `Star Wars` event to unveil `Last Jedi` toys

Characters of Star Wars take part in an event held for the release of the film ‘Star Wars: The Force Awakens’ in Disneyland Paris in Marne-la-Vallee, France, December 17, 2015. REUTERS/Benoit Tessier Walt Disney Co and major retailers will release the galaxy’s... More »

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Videogame publisher Take-Two lowers full-year profit forecast

A promotion for the computer game ”Grand Theft Auto Five” is show in a Game Stop gaming story in Encinitas, California September 17, 2013. REUTERS/Mike Blake/File Photo Take-Two Interactive Software Inc, best known for its hugely popular “Grand Theft Auto” vid... More »

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Hasbro bucks glum holiday trend with strong profit, sales beat

Disney Princess Royal Shimmer Dolls are seen in this undated handout photo provided by Hasbro. REUTERS/Hasbro/Handout via Reuters Hasbro Inc (HAS.O), the No. 2 U.S. toymaker, bucked the glum holiday-quarter trend, as it reported better-than-expected quarterly ... More »

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Japan doll maker offers mini Trump ahead of Girls Day holiday

Japanese doll-maker Kyugetsu Inc’s dolls depicting U.S. President Donald Trump (L) and Tokyo Governor Yuriko Koike, as part of a traditional set of Japanese ornamental hina dolls used in Japan to celebrate Girls’ Day, are pictured at the company’s main shop in... More »

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Angry Birds maker Rovio opens new games studio in London

An employee walks out an office of Rovio, the company which created the video game Angry Birds, in Shanghai June 20, 2012. REUTERS/Aly Song Finnish mobile games and animation company Rovio Entertainment said on Monday it was stepping up its hunt for new hit ga... More »

Amazon calls 2016 holiday season its best ever- shares rise

Workers unload a wide body aircraft emblazoned with Amazon’s Prime logo at Lehigh Valley International Airport in Allentown, Pennsylvania, U.S. December 20, 2016. Picture taken December 20, 2016. REUTERS/Mark Makela Amazon.com Inc said it shipped more than 1 b... More »

`FIFA` publisher EA hikes full-year revenue, profit forecast

The Electronic Arts Inc., logo is displayed on a screen during a PlayStation 4 Pro launch event in New York City, U.S., September 7, 2016. REUTERS/Brendan McDermid/File Photo Electronic Arts Inc’s (EA.O) second-quarter revenue edged past analysts’ estimates an... More »

Back to basics: Retro games make a comeback in Indonesia

Boys play a mini soccer game during an event for traditional games at a school in Jakarta, Indonesia, October 1, 2016. Picture taken October 1, 2016. REUTERS/Iqro Rinaldi An increasing number of Indonesians are taking a stand against digital games like Pokemon... More »

Pokemon Go hunters snare real thief in New Zealand

A man uses a mobile phone in front of an advertisement board bearing the image of Pokemon Go at an electronic shop in Tokyo, Japan, July 27, 2016. REUTERS/Kim Kyung-Hoon/File Photo Some New Zealand fans of the smartphone game Pokemon Go caught more than they b... More »

Japanese truck driver playing Pokemon Go kills pedestrian

Flowers are laid near the scene where a passer-by was killed after being hit by a driver playing ‘Pokemon Go’ while driving in Tokushima, Japan, in this photo taken by Kyodo August 24, 2016. Mandatory credit Kyodo/via REUTERS A Japanese truck driver playing Po... More »

Pokemon craze challenges Rio Games for popularity

By Anthony Boadle | RIO DE JANEIRO RIO DE JANEIRO Forget beach volleyball, soccer or tennis, not to mention the steeplechase or discus. Pokemon Go is challenging the Olympics for most popular game among some young Brazilians. Hundreds of them turned out in a R... More »

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s4.reutersmedia.net/resources/r/?m=02&d=20160812&t=2&i=1149400080&w=&fh=545px&fw=&ll=&pl=&sq=&r=LYNXNPEC7B0QYs4.reutersmedia.net/resources/r/?m=02&d=20160812&t=2&i=1149400080&w=&fh=545px&fw=&ll=&pl=&sq=&r=LYNXNPEC7B0QYBollore`s raider reputation rattles Berlusconis in battle of billionaires

File photo of Vincent Bollore, Chairman of media group Vivendi, reacts during the company’s shareholders meeting in Paris, France, April 21, 2016. REUTERS/Charles Platiau/File Photo When French tycoon Vincent Bollore backed out of a deal to buy the pay-TV busi... More »

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Bollore’s raider reputation rattles Berlusconis in battle of…

File photo of Vincent Bollore, Chairman of media group Vivendi, reacts during the company’s shareholders meeting in Paris, France, April 21, 2016. REUTERS/Charles Platiau/File Photo PARIS (Reuters) – When French tycoon Vincent Bollore backed out of a deal to b... More »

Cambodia bans Pokemon Go game at genocide museum

PHNOM PENH Cambodia on Wednesday banned the game Pokemon Go from a former Khmer Rouge torture center and prison after players showed up at the site, now a genocide museum, hunting for the virtual cartoon characters. It is the latest effort to rein in enthusias... More »

Success of Pokemon GO adds impetus for change at Nintendo

TOKYO/SINGAPORE The phenomenal success of Pokemon GO and the surge in Nintendo Co’s (7974.T) market value by $17 billion in just over a week has been seized upon by one of its most vocal investors to press for a change of strategy at the company. Until Pokemon... More »

Mexican taxi driver seeks to ride Pokemon Go craze

MEXICO CITY A Mexican taxi driver has jumped on the Pokemon GO craze sweeping the world by driving smartphone-armed customers around in search of the augmented reality game’s target creatures. The mobile phone game has become an instant hit with more users in ... More »

Wary Mideast states warn of Pokemon GO security dangers

DUBAI Authorities in the Gulf Arab states of Kuwait and United Arab Emirates on Friday warned of security dangers to playing the wildly successful new smartphone app Pokemon GO. Users must resist the urge to point camera phones at Pikachu popping out in front ... More »

In China, fears that Pokemon GO may aid locating military bases

BEIJING Not everyone loves Pokemon GO, the mobile game that has become an instant hit around the world since a limited release just a week ago. The augmented reality game, in which players walk around real-life neighborhoods to hunt and catch virtual cartoon c... More »

Six tips to avoid the Pokemon Go data apocalypse

NEW YORK It only took two days of the Pokemon Go craze to make Shama Diegnan start fearing for her wallet. The 11-year-old son of Diegnan, a digital marketer from South Orange, New Jersey, had on Monday downloaded the popular app, an augmented reality game in ... More »

Pokemon GO fans told not to play in U.S. Holocaust Museum

WASHINGTON The U.S. Holocaust Memorial Museum has told Pokemon GO fans not to play the popular new mobile game in its premises, describing it as “extremely inappropriate” in a memorial dedicated to the victims of Nazism. The game involves using a mobile device... More »

Game on: Nintendo eyes expansion into film business

TOKYO Movies like “Mario Kart” and “The Legend of Zelda” could soon be coming to a theater near you. Nintendo Co Ltd is in talks with several global production companies about expanding its video content business, including making movies, said Tatsumi Kimishim... More »

Thais turn to ‘child angel’ dolls as economy struggles

BANGKOK A craze for lifelike dolls thought to bring good luck is sweeping Thailand, reflecting widespread anxiety as the economy struggles and political uncertainty persists nearly two years after a coup. Thailand is predominantly Buddhist and has been moderni... More »

VTech hack exposes ID theft risk in connecting kids to Internet

BOSTON/SINGAPORE Parents who gave their child a Kidizoom smartwatch or a VTech InnoTab tablet may have exposed them to identity theft after Hong Kong-based VTech said hackers stole the personal information of more than 6 million children. The breach underscore... More »

Videogame maker Activision launches film studio

Activision Blizzard Inc has launched a film and TV studio to create original content based on its popular videogame franchises such as “Call of Duty” and “Hearthstone” in its latest push to expand beyond console-based games. Activision Blizzard Studios’ first ... More »

Vivendi raises stakes in French video games companies

PARIS Vivendi raised its stakes in French video games makers Ubisoft and Gameloft and indicated that it may buy additional shares later and seek board seats. Vivendi sold off its video games business Activision Blizzard in 2013 in the opening salvo of an asset... More »

London designers blend creativity with commerce at fashion week

LONDON London Fashion Week has sharpened its business focus over the past few years to usher in a new generation of fashion designers who blend creativity with a healthy dose of commerce. Long known as the little sister to Paris, Milan and New York, London is ... More »