The short interest in some major technology stocks has increased sharply in recent weeks. The short sellers’ view may make sense since these companies have helped drive the NASDAQ recovery.
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Activision Blizzard’s shares fell after the video-game maker forecast that 2011 sales would fall short of analysts’ estimates and announced that it would cease creating Guitar Hero games because of lackluster sales.
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Activision Blizzard has added video-game competitor Electronic Arts to its $400 million countersuit against two former executives of “Call of Duty” creator Infinity Ward, claiming that EA tried to lure the executives away while…
U.S. gamers spent about the same amount of money on video games last year as they did in 2009, even as sales of consoles and other hardware took a plunge. Purchases of physical game discs slid 5%, in spite of the record-breakin…
At least 5.2 million copies of Activision Blizzard’s Call of Duty: Black Ops were illegally downloaded between its Nov. 9 release and the end of 2010. All told, more than 19 million people illegally downloaded five of the top-s…