Qualcomm introduces new chip for game consoles

Qualcomm CEO Cristiano Amon. Carlo Allegri | Reuters Qualcomm introduced a new Snapdragon G3x chip on Wednesday for mobile consoles in a sign of the growing importance of gaming to semiconductor companies. The announcement shows that Qualcomm wants a part of the hot gaming market, as AMD and Nvidia, which power game consoles from Microsoft, … Read more

No Way Home’ ticket demand crashed box office sites

Tom Holland plays Peter Parker in Marvel’s “Spider-Man: No Way Home.” Disney When the clock stopped at midnight on November 29, “Spider-Man: No Way Home” tickets were sold out. Within minutes, local movie ticket websites began to crumble as moviegoers scrambled to secure seats for one of the year’s most awaited films. Experts say it’s … Read more

AMC’s profitability hangs on the domestic box office topping $2 billion in Q4

AMC Theater is photographed in Times Square in the Manhattan borough of New York City, New York, June 2, 2021. Carlo Allegri | Reuters AMC Entertainment has set a new, more achievable goal for the domestic box office for 2021 in pursuit of a profitable fourth quarter. The movie theater chain said Monday that if … Read more

Facebook’s Meta mission was laid out in a 2018 paper on The Metaverse

Small game characters in front of the Meta show the new Facebook logo displayed in this illustration taken on October 28, 2021. given by ruvich | Reuters In June 2018, Jason Rubin, CEO of Oculus, sent an email to Facebook Board Member Mark Andreessen titled “The Metaverse.” “We believe the right way to break through … Read more

Apple says it competes with PlayStation, Xbox, and Nintendo

On Friday, the company said in a regulatory statement that Apple products compete as gaming platforms with Sony PlayStation, Microsoft Xbox and Nintendo. Previously, Apple only said it competed against Google’s Android in smartphones and Microsoft’s Windows in PCs to attract developers’ interest. Apple’s competitors were an important topic in a high-profile antitrust trial with … Read more

2021’s U.S. box office trails 2019’s movie ticket sales by 70%

Just two months before the end of the year, the coronavirus pandemic still looms large over the film industry. Ticket sales in 2021 have already surpassed the paltry box office of 2020. But sales are still 70% behind the 2019 sales of $11.4 billion. As of Sunday, the domestic box office has generated $2.84 billion … Read more