Sony CEO Kenichiro Yoshida On Cloud Gaming: 'Technical Difficulties Are High'
Portfolio Pulse from Franca Quarneti
Sony CEO Kenichiro Yoshida expressed caution about the technical challenges associated with cloud gaming, while the company explores various options for streaming games over the internet. This comes as rival Microsoft faces regulatory hurdles in its proposed acquisition of Activision Blizzard.
June 05, 2023 | 9:42 pm
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NEUTRAL IMPACT
Sony CEO Kenichiro Yoshida is cautious about cloud gaming challenges, but the company is exploring options for streaming games over the internet.
Sony's CEO acknowledges the technical difficulties in cloud gaming but is open to exploring options for streaming games. This shows that the company is aware of the challenges and is actively working on solutions, which could potentially benefit the company in the long run. However, the short-term impact on the stock price is neutral as the company is still in the exploration phase.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Activision Blizzard's proposed acquisition by Microsoft faces regulatory hurdles as the UK's Competition and Markets Authority (CMA) blocks the deal.
The UK's CMA decision to block Microsoft's proposed acquisition of Activision Blizzard could have a negative short-term impact on Activision Blizzard's stock price. The acquisition would have provided Activision Blizzard with a strong partner in the cloud gaming market, but the regulatory hurdle creates uncertainty around the deal's completion.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Microsoft's proposed $68.7 billion acquisition of Activision Blizzard faces regulatory hurdles as the UK's Competition and Markets Authority (CMA) blocks the deal.
The UK's CMA decision to block Microsoft's proposed acquisition of Activision Blizzard could have a negative short-term impact on Microsoft's stock price. The acquisition would have strengthened Microsoft's position in the cloud gaming market, but the regulatory hurdle creates uncertainty around the deal's completion.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80