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Walmart Inc (NYSE: WMT) is in a battle with what it calls “Grinch Bots” who are out to snag this year’s hottest items including the latest PlayStation 5 and Xbox consoles. What Happened: The retailer's Chief Information Security Officer Jerry Geisler on Tuesday...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Historically, new product launches have been the sun around which the gaming industry operates.  Take the last console cycle in 2013...

Restocking of Sony Corporation (NYSE: SNE) and Microsoft Corporation’s (NASDAQ: MSFT) PlayStation 5 and latest Xbox consoles left Gamestop Corporation’s (NYSE: GME) employees surprised, Bloomberg reported Monday. What Happened: The employees were given little notice of the...

Resellers are deploying “scalper bots” to snag the latest video game consoles made by Sony Corporation (NYSE: SNE) and Microsoft Corporation (NASDAQ: MSFT) from online stores, Reuters reported Tuesday. What Happened: The scalper bots buy the products online only to relist them for...

Microsoft Corporation's (NASDAQ: MSFT) next game from the iconic Halo franchise, "Halo Infinite," is coming in fall 2021, developer 343 Industries said in a blog post. What Happened: Halo Infinite was originally supposed to launch alongside the Xbox Series X and Series...

Supply woes faced by Microsoft Corporation (NASDAQ: MSFT) and Sony Corporation (NYSE: SNE), which have led to a scarcity of their newly launched consoles tanked sales of digital games, by 10% in the period between Black Friday and Cyber Monday, according to game research provider SuperData. What...

StockX said Tuesday it recorded a two-fold growth in daily gross merchandise value (GMV) during Cyber Weekend compared to last year. What Happened: The online marketplace, known for being a reseller of sneakers, said its daily GMV averaged 100% growth compared with the same four-day period...

November and December are by far the biggest months for video games sales, but this holiday season could be particularly big. There are at least two reasons why video games could be flying off the shelves at a record pace this Black Friday and Cyber Monday. First, video game sales have gotten a big...

A new estimate from VGChartz shows just how many PlayStation 5 consoles were sold. What Happened: Estimates from VGChartz say the console from Sony Corporation (NYSE: SNE) sold 2.1 million to 2.5 million units over its two launch days. On Nov. 12, the console launched in North America, Australia...

Microsoft Corporation (NASDAQ: MSFT) and Apple Inc (NASDAQ: AAPL) are working together so that the Xbox Series X controller works with devices such as the iPad and the iPhone, the latter said in a support note. What Happened: The Cupertino, California-based tech giant already supports multiple Xbox...

Sony Corporation’s (NYSE: SNE) PlayStation 5 has two new endorsers — Rick Sanchez and Mory Smith of the "Rick and Morty" fame. What Happened: The animated characters from the adult-themed television show bring their characteristic style of humor in a commercial for Sony’...

Nov. 22, 2020, screenshot of Kohl's online shopping site showing PlayStation 5 consoles out of stock A PlayStation news site for fans says Kohl's Corporation (NYSE: KSS) left thousands of customers hanging when PlayStation 5 console bundles quickly sold out at its online store during the...

Sony Corporation (NYSE: SNE) and Microsoft Corporation’s (NASDAQ: MSFT) new consoles have failed to rack up sales numbers in Japan achieved by their predecessors on account of supply constraints, Bloomberg reported Wednesday. What Happened: Sony reportedly sold 118,085 PlayStation 5 units...

Sony Corporation’s (NYSE: SNE) PlayStation 5 and Microsoft Corporation’s (NASDAQ: MSFT) Xbox consoles released this month are following different strategies to vie for the attention of gamers and generate revenue — and the latter might just have an edge over the former, according...

Sony Corporation’s (NYSE: SNE) PlayStation5, which is only available online, has sold out on major sites in Japan after the company launched the console Thursday, Reuters reported. Why It Matters: Retailers in Japan are holding draws to sell the PS5, priced between $400 to $500, as stock is...