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The Latest Breaking News from Nintendo Co Ltd

"Nintendo is not asserting patents on genuine technological inventions but trying to monopolize game rules" The patents for the Palworld lawsuit have finally been revealed — filed after the game launch

Pocketpair have announced the patents Nintendo's lawsuit against Palworld is claiming infringement. The 3 patents are related specifically to gameplay mechanics and were filed after Palworld’s launch.

Windows Central

Top 4 Entertainment Stock Picks for Christmas Gains

Gaming has evolved from a leisure activity to a more serious endeavor. Growing internet penetration and the adoption of advanced technologies make this industry well-positioned for expansion. Considering these factors, it could be wise to buy fundamentally strong entertainment stocks. Nintendo (NTDOY), PLAYSTUDIOS (MYPS), Playtika (PLTK), and JAKKS Pacific (JAKK)…

StockNews.com

4 Entertainment Stocks Investors Watch Everyday

Gaming has evolved from a leisure activity to a more serious endeavor. Growing internet penetration and the adoption of advanced technologies make this industry well-positioned for expansion. Considering these factors, adding fundamentally strong entertainment stocks Activision Blizzard (ATVI), Nintendo (NTDOY), Flutter Entertainment (PDYPY), and PLAYSTUDIOS (MYPS) to one’s watchlist could…

StockNews.com

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Buy These Stock Splits as Analysts See Upside

The market has witnessed several stocks-splits this year. Analysts see upside in Fortinet (FTNT), Alphabet (GOOGL), and Nintendo (NTDOY), which have either undergone a stock split or will do so in the near term. The availability of these stocks at affordable prices after their splits could be an excellent opportunity…

StockNews.com

Nintendo Expects to Sell 21 Mln Switch Consoles This Year

Japanese videogame maker Nintendo Co Ltd said on Tuesday it expects to sell 21 million Switch games consoles in the current financial year that started on April 1, a 9% year-on-year fall. Nintendo sold 23.06 million Switch consoles in the year ended March.

Asharq Al-Awsat

Tencent To Block Chinese Gamers' Access To Foreign, Unapproved Games: Reuters

Tencent Holdings Ltd (OTC:TCEHY) looks to shut down a service that allowed Chinese gamers to access overseas platforms to play unapproved foreign games reflecting the growing regulatory crackdown, Reuters reports. The report noted Tencent aims to update its games speed booster mobile and desktop apps to new versions on May 31 to…

Benzinga

More Non-US Companies Restricted Services In Russia After US Counterparts

Rio Tinto PLC (NYSE:RIO) became the first leading miner to suspend trading relations with Russian businesses, Reuters reports. Japan's Sony Group (NYSE:SONY) and Nintendo Co Ltd (OTC:NTDOF) (NTDOY) also halted deliveries of their gaming consoles. Credit Suisse Group AG (NYSE:CS) flagged a ~$900 million Russian credit exposure. Hitachi Construction Machinery Co Ltd (OTC:HTCMF) (OTC:HTCMY) looks to stop exports…

Benzinga

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Nintendo Clocks 6% Net Sales Decline For Nine-Month Period

Nintendo Co Ltd (OTC:NTDOY) reported a net sales decline of 6% year-on-year to ¥1.32 trillion for the nine months ended December 31, 2021. Dedicated video game platform sales declined 6.1% Y/Y to ¥1.28 trillion. Mobile, IP-related income sales reduced 5.2% Y/Y to ¥39.8 billion. Playing cards, etc., sales rose 57.8% Y/Y to ¥2.1…

Benzinga

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