Roblox confidentially files to go public

Online gaming service Roblox. Lionel Bonaventure | AFP | Getty Images Gaming company Roblox announced Monday it confidentially filed with the Securities and Exchange Commission to go public. The company didn’t disclose its financial information and how many shares would be offered. Roblox most recently was privately valued at $4 billion in late February, after venture […]

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Microsoft buys Bethesda, maker of hit Fallout and The Elder Scrolls games, in $7.5 billion deal

Microsoft announced Monday that it will buy ZeniMax Media, the company that owns well-known video game publisher Bethesda, for $7.5 billion in cash. It’s the biggest gaming acquisition in Microsoft’s history. The company bought Mojang, the studio behind popular title Minecraft, for $2.5 billion in late 2014. That proved to be a boon to the company as […]

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