Hints and tips:
Related Special Reports
...The diverging fortunes of Sony and Microsoft also reflect a shift in the latter’s strategy away from hardware over the past couple of years, according to Carolina Milanesi, an analyst at Creative Strategies...
...Gibson said Sony’s problems are very different: its PS5 machine, now four years old, is popular but its games business is now guided by “accountants”, rather than people primed to manage a creative business...
...Adobe hoped to buy innovation via design software company Figma. Figma’s cloud-based collaboration tools lets creative professionals work together in real time....
...Figma pushed back on the latter argument, saying it had not “spent a single dollar or hired a single engineer to build creative tools”....
...Adobe makes a broad range of digital marketing and creative tools including Photoshop and InDesign, while Figma specialises in online software for designing apps and websites....
...The software company claimed Sony had refused the licence and tried to block its deal for competitive reasons, rather than out of genuine concerns about how it might hurt gamers....
...The software company would have to pay a $3bn break-up fee if it fails to complete the deal....
...At present, however, Meta dominates the market for consumer VR headsets, with a 71.8 per cent share, followed by Sony with 8.8 per cent, and Valve with 2.9 per cent....
...Research on the topic tends to be done by companies that sell expenses software and so are hardly disinterested observers....
...Cardell, whose agency has been criticised by some in the industry for its position on the Microsoft deal, insisted that the CMA’s position “has been consistent throughout” and took aim at the software giants...
...Making the case for the software company to spend heavily to cement its lead in streaming, he added: “We are in a very unique position to be able to go spend Sony out of business.”...
...The software company would have a strong incentive to boost Xbox sales by withholding games such as Call of Duty from rival consoles, it warned....
...“We remain confident in the merits of the case as Figma’s product design is an adjacency to Adobe’s core creative products and Adobe has no meaningful plans to compete in the product design space,” Adobe...
...rana.foroohar@ft.com Letter in response to this comment: AI-generated creative content requires a label / From Sir Peter Bazalgette, Co-Chair, Creative Industries Council; Author, ‘The Empathy Instinct...
...He is known to be fond of German philosophy and has described his desire to work with creative, “wacky” people....
...The probe was launched on Wednesday, almost nine months after Adobe announced it was buying San Francisco-based Figma, a creative tool that helps designers collaborate remotely....
...Provisional findings by the CMA last month suggested that Microsoft would need to sell the Call of Duty business for the deal to go through, a remedy the software giant dismissed as unviable....
...error in the analysis competition officials had used to reach a provisional view that the company would try to make Activision’s smash hit game, Call of Duty, exclusive to Xbox, hurting rivals such as Sony...
...Tuesday’s ruling marked a drastic about-turn in the software company’s first clash with US antitrust authorities since they sought to break up the company at the end of the 1990s....
...If it goes through, the deal will make Microsoft the third-biggest gaming company by revenue, behind China’s Tencent and Japan’s Sony....
...Tim Bajarin, consultant at Creative Strategies, said the headset’s launch should “cement Cook’s legacy” beyond operations....
...Some could choose to emulate Sony’s “arms dealer” strategy of selling content to streamers or even traditional TV networks, the analysts added....
...Stephanie Burns General counsel, Sony Interactive Entertainment (PlayStation) Stephanie Burns joined PlayStation, Sony’s gaming division, from Amazon having previously worked for ticket reseller StubHub...
...“I believe that it will put more pressure on Netflix to come up with performance-based metrics and compensation for the creative community.”...
...The software giant has thus dodged the backlash tech rivals such as Amazon, Google and Meta have endured....
International Edition