Tag: console
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Computer games giant Nintendo’s profits skyrocket by more than 500 per cent
Nintendo, one of the original games companies and still one of the biggest despite the “casual” gaming revolution brought about by smartphones, is reporting an astounding increase in profits. According to the Financial Times, Nintendo’s net profits “soared by 541 percent” at the height of the coronavirus pandemic and its consequential lockdowns, when most people…
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Robotic toymaker Anki to close down
Anki, a startup company which made robotic toy cars and trucks, is planning to close its doors, according to a report on the Recode website. The company had raised more than $200 million in funding for the venture, and generated $100 million in revenue in 2017, but is now making all of its 200 employees…