VENTURE CAPITAL POST

Sony's layoff of 8% of its PlayStation workforce and the closure of PlayStation's London Studio follows Microsoft's gaming division layoff plan.

Reports by SuperData indicated a downward sales projection for PlayStation VR. Contrary to the high estimated sales the firm released earlier this year, the projected units that would be sold by the end of this year dropped to 750,000.

The new Final Fantasy XV is an epic game and really is worth the wait. Changes had made where in it will give you more excitement about it.

Sony PlayStation offers three hot picks for the holiday season. Aside from the original PlayStation 4, gamers may also opt for PS4 Slim or the PS4 Pro with its impressive upgrades.

PlayStation stores open its sale last October 11 and will end on October 18 8am PT/11am ET.

Crytek’s new VR-enabled game development engine, the CryEngine V, will be available for a price that “feels comfortable” in the company’s new “Pay What You Want” business model. Users can buy resources from the engine’s new Marketplace system and also choose to contribute to the company’s new program to help indie projects around the world.

Both the game consoles made more money than any of their predecessors in 2015. PlayStation 4 came out as the winner with more sales than Xbox One in the year's total.

Entertainment Software Association of Canada's new report showed a strong growth in Canada's video game industry. Although report shows that most of video game developers work at foreign-owned game studio but the growth of Canada's own microstudios is promising.

Amazon.com is finally no longer selling Apple TV or other streaming devices like Google's Chromecast to boost sales of its own Fire TV box and Fire TV Stick units. The company's plan to discontinue selling competing product was first announced earlier in October.

Amazon is disallowing the sale of media-streaming devices from Apple and Google. In an e-mail to its marketplace sellers, the Web retailer says that after October 29, it will no longer sell Apple TV's and Google Chromecasts. "It's important that the streaming media players we sell interact well with Prime Video in order to avoid customer confusion," said Amazon in the e-mail.

Sony's PlayStation is in the top three as the most intimate brands for millennials based on the research done by MBLM. The report will be released on October 6.

Electronics giant Sony Corp's sophisticated image sensors are being used by top smartphone makers Apple Inc and Samsung Electronics to build their products. The image sensors has turned out to be Sony's top-selling product, giving a boost to the company's ailing financial health.

Shares in video game maker Nintendo Co were overwhelmed with buy orders on Wednesday as investors welcomed its long-awaited move to bring its iconic game characters such as Super Mario to smartphones.

Japanese video game maker Nintendo Co Ltd will venture into smartphone games, heeding calls from investors to boost revenue by taking iconic characters like Super Mario to players increasingly shunning its consoles.

Sony Corp aims to boost its operating profit 25-fold within three years by focusing on its more profitable image sensors, videogame and entertainment businesses, its chief executive said on Wednesday.