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Latest Finance News related to Candy Crush

Chinese conquest image
Source : BBC [Read Article] Friday 4th of November 2016 12:14:29 AM
....Tencent already owns League of Legends maker Riot Games, and has minority stakes in Epic Games and Activision Blizzard, the World of Warcraft maker. Activision itself bought Candy Crush Saga maker King Digital Entertainment for nearly $6bn last year. ...
Game changer image
Source : BBC [Read Article] Thursday 14th of July 2016 03:28:43 PM
.... . Doom wasn't the first shooter that depicted the world through the eyes of its hero, Street Fighter 2 wasn't the first one-on-one brawler, and Candy Crush was hardly the first game of rearranging items in lines, but all three were the trailblazers that set their respective genres alight. ...
Game Digital heading for unhappy Christmas as customers buy online image
Source : Guardian [Read Article] Wednesday 23rd of December 2015 04:28:46 PM
.... However, Lovell sees the rise of mobile gaming as key to Game’s struggles in attracting the casual gamers. “For many consumers, a choice between a dedicated console and a tablet which they can use all the time, for many things, while also playing The Walking Dead, or Hearthstone, or Clash of Clans, or Candy Crush Saga, is one where the tablet wins,” he said. ...
Deliveroo and Crowdcube join Tech City UK’s rising stars image
Source : Guardian [Read Article] Wednesday 16th of December 2015 05:17:00 PM
.... Its rules allow for companies to have a smaller free float of shares (just 10% compared with the norm of 25%). Only two companies have made use of these rules, Just Eat and Matomy, while others, such as King Digital Entertainment, maker of Candy Crush Saga, secured a $7. ...
Videogame maker to launch TV studio image
Source : BBC [Read Article] Friday 6th of November 2015 09:06:14 PM
....It is a further effort by the company to expand beyond games for games consoles. On Monday Activision announced plans to buy mobile phone game maker King Digital Entertainment, the creator of Candy Crush. ...
Candy Crush might be fun and games for you, but it cost Activision Blizzard £3.9bn image
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City News: Shell, construction, Primark and Activision Blizzard  image
Source : Daily Express [Read Article] Tuesday 3rd of November 2015 11:08:00 PM
....The group’s sugar profits plunged 77 per cent while its grocery business, whose brands include Twinings and Kingsmill, grew profit by 6 per cent. THE American video games giant behind Call Of Duty is gobbling up Candy Crush Saga creator King Digital Entertainment in a £3. ...
King's game is up as a public company after only 18 months image
Source : Telegraph [Read Article] Tuesday 3rd of November 2015 08:15:21 PM
. When King Digital made its stock market debut in March 2014, the writing was already on the wall for its main source of income, the smash-hit smartphone game Candy Crush Saga. ...
Activision Blizzard to buy Candy Crush Saga maker King for £3.8bn image
Source : Telegraph [Read Article] Tuesday 3rd of November 2015 09:21:29 AM
. Activision Blizzard, the American developer behind hit video game franchises World of Warcraft and Call of Duty, has bought Candy Crush Saga creator King Digital Entertainment for $5. ...
Candy Crush firm bought for $5.9bn image
Source : BBC [Read Article] Tuesday 3rd of November 2015 07:37:45 AM
. US computer game company Activision Blizzard, which produces World of Warcraft and Call of Duty, is buying King Digital Entertainment, the creator of Candy Crush Saga. ...
Candy Crush 'guru' wins Google Ventures' first investment in mainland Europe image
Source : Telegraph [Read Article] Wednesday 26th of August 2015 10:33:47 AM
. The "Games Guru" behind Candy Crush Saga has secured the largest funding round to date for a virtual reality (VR) games developer and landed Google Ventures' first European investment outside the UK. ...
Sainsbury's fashion clothing empire image
Source : Telegraph [Read Article] Saturday 15th of August 2015 12:22:42 PM
.... . However, its new computer geek recruits aren’t trying to come up with the next Candy Crush, they have been drafted in to revamp the grocer’s online fashion operations. ...
Candy Crush maker's shares hit by forecast of softer sales image
Source : Telegraph [Read Article] Thursday 13th of August 2015 09:04:30 PM
. Investors lost their taste for the company behind the Candy Crush Saga gaming phenomenon on Thursday after the firm signalled slower-than-expected sales in the coming months, as turnover from its flagship game continues to slow. ...
How gaming can make the world safer image
Source : BBC [Read Article] Monday 20th of July 2015 11:22:43 PM
....But making games that help with formal verification and are also fun to play has proven to be tricky, says Michael Ernst. "We would have loved to have been able to pick up the idea of Angry Birds or Candy Crush and turn it into something that does useful work, but it turns out that you can't," he says. ...
Is Britain really the new land of unicorns? (That's start-ups with $1bn-plus valuations) image
....Wall Street is also still the mecca for founders looking to cash in on their businesses. Two more unicorns, King Digital, the company behind the hugely popular Candy Crush game, and data provider Markit, both turned their backs on London in favour of IPOs in New York. ...
Candy Crush maker shares plunge 14% image
Source : BBC [Read Article] Friday 15th of May 2015 01:16:24 AM
. Shares of the maker of popular mobile game Candy Crush fell as much as over 14% in after hours trading after it warned of weaker profits. ...
Shares in Candy Crush maker drop after warning of 'softer' times ahead image
Source : Telegraph [Read Article] Thursday 14th of May 2015 09:50:05 PM
. King Digital Entertainment, the maker of the hugely successful Candy Crush Saga game, said changes in foreign currency hurt its gross bookings forecast for the current quarter, sending its shares down in after-market trading. ...
Why tech is getting in the way of work image
Source : BBC [Read Article] Thursday 7th of May 2015 11:04:28 PM
....Academics and scientists are becoming increasingly interested in the effects of technology in the work place. This is perhaps because there is relatively little research available about the impact of websites like Twitter and Facebook, or games like Candy Crush, that seem to be deliberately aimed at keeping us constantly engaged, to the detriment of work. ...
Space Ape boss: 'King and Zynga are dead. We are the future' image
Source : Telegraph [Read Article] Wednesday 6th of May 2015 02:32:14 PM
.... . "King and Zynga are living in the past," he said of the game studios behind Candy Crush and FarmVille, respectively. ...
Facebook expands UK headquarters image
Source : Telegraph [Read Article] Wednesday 22nd of April 2015 07:03:15 AM
.... It follows Facebook's decision to withdraw from its 36,000 sq ft offices in Covent Garden. That site is now leased by King Digital, the maker of the smartphone game Candy Crush Saga. ...
What Britain really needs is a couple more Londons image
Source : Telegraph [Read Article] Thursday 2nd of April 2015 05:49:42 PM
.... According to figures from the mayor’s office this week, digital start-ups in the capital attracted $682m in venture capital in the first quarter of this year, up 66pc on a year earlier. From the games designer King, best known for Candy Crush, to financial technology companies such as Funding Circle or fashion sites such as Net-a-Porter, London is increasingly San Francisco – if with a little more drizzle – one of the key technology centres in the world. ...
Why can't more UK cities be just like London? image
Source : Telegraph [Read Article] Thursday 2nd of April 2015 01:33:21 PM
.... According to figures from the Mayor’s office this week, digital start-ups in the capital attracted $682m in venture capital in the first quarter of this year, up 66pc on the same period last year. From the games designer King, best known for Candy Crush, to the financial technology companies such as Funding Circle or fashion sites such as Net-a-Porter, London is increasingly San Francisco - if with a little more drizzle – one of the key technology centres in the world. ...
Growing number of women under the age of 35 are turning to online gambling image
Source : Independent [Read Article] Friday 13th of March 2015 09:00:00 PM
...." But the advent of online bingo and gaming, particularly among gambling companies that are targeting women, is creating a broader female market. King Digital Entertainment, developer of the female-friendly Candy Crush game, reached "a new quarterly high of 1. ...
Candy Crush Saga players spent £865m on the game in 2014 alone image
Source : Guardian [Read Article] Friday 13th of February 2015 11:45:20 AM
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Comment: Black Friday has changed the way Britons shop image
Source : Daily Express [Read Article] Saturday 3rd of January 2015 10:09:00 AM
.... They have also brought new frustrations. What could be worse than sitting on a train near someone gabbling loudly on a hands–free set? Possibly only their neighbour using all that computing power to play Candy Crush Saga at full volume. ...
Beauty and the beast of Abercrombie & Fitch image
Source : Independent [Read Article] Tuesday 9th of December 2014 11:27:31 PM
.... Even the chaps at Harrow and the gals at Rodean, not to mention their equivalents in the US, have limits to their budgets: Apple became the aspirational fashion brand. Abercrombie’s former shoppers would now happily wear H&M and Zara – and even a dash of Primark – if it meant they could play Candy Crush on their new iPhones. ...
Snapchat poaches top Credit Suisse banker Imran Khan image
Source : Independent [Read Article] Tuesday 9th of December 2014 11:59:20 AM
....Last year, Snapchat hired Emily White from Instagram to be its chief operating officer. New recruit Khan should also come in handy with an impressive track record in the tech sector, having led high profile IPOs including Alibaba, King Digital, the maker of Candy Crush and Groupon. ...
The City roundup video: Stagecoach and Virgin Trains win East Coast contract image
Source : Independent [Read Article] Thursday 27th of November 2014 02:21:44 PM
....The contract award is another major blow for FirstGroup, which was shortlisted for five franchises at the beginning of the year but has come away empty handed. Elsewhere, the saga of King Digital's life as a  listed company has taken another turn as the chairman of the maker of smartphone "crack cocaine" Candy Crush stepped down. ...
Candy Crush maker chairman quits image
Source : Independent [Read Article] Thursday 27th of November 2014 11:53:46 AM
. The saga of King Digital’s life as a listed company has taken another turn as the chairman of the maker of smartphone “crack cocaine” Candy Crush stepped down. ...
Candy Crush maker King Digital chairman resigns image
Source : BBC [Read Article] Thursday 27th of November 2014 01:13:09 AM
. The chairman of King Digital the maker of the popular mobile game Candy Crush, Melvyn Morris, has resigned and is taking a break from the UK firm. ...
King shares fall below half their IPO price for first time image
Source : Telegraph [Read Article] Tuesday 14th of October 2014 06:14:22 PM
. Shares in King, the computer games maker behind Candy Crush Saga, have lost more than half of their value since the company’s blockbuster initial public offering just over six months ago. ...
Built to last: the Minecraft model image
Source : Independent [Read Article] Friday 10th of October 2014 09:13:50 PM
....95 to buy online – has defied conventional wisdom that in the smartphone era a successful game needs to be free. For example, only a small proportion of players pay for a premium version of King Digital’s smash app Candy Crush Saga. ...
Angry Birds maker Rovio to lay off 130 staff image
Source : BBC [Read Article] Thursday 2nd of October 2014 10:14:53 AM
....It currently sits 83rd in Google Play's bestselling games chart, below the original Angry Birds title and the more recent Angry Birds Stella, which returned to catapult mechanic. Mr Kent added that it could be difficult for Rovio to break back into the top of the industry now dominated by competitors like Finland's Supercell, maker of Clash of Clans, and London-based King, which develops Candy Crush Saga. ...
....But is Alibaba a good investment? Recent mega-floats that have been greeted in similarly rapturous terms have faced a rocky road, particularly those in the tech sector. Facebook lost around 30 per cent of its value in its first year of trading, taking 15 months to recover to its $38-a-share offer price; last year’s blockbuster, Twitter, leapt higher in its first few months before falling almost $10 below its issue price in May, only getting above water two months later; and the UK’s King Digital, of Candy Crush fame, has had a dismal time since joining the New York Stock Exchange in March, losing 28 per cent of its value to date. ...
Alibaba IPO: What to expect as Chinese giant goes public in New York image
Source : Independent [Read Article] Thursday 18th of September 2014 11:13:49 AM
.... . Others have bands playing outside on the sidewalk or — in the case of Candy Crush Saga maker King Digital — people dressed up as sweets. ...
Microsoft 'in talks to buy Minecraft creator for $2bn' image
Source : Telegraph [Read Article] Tuesday 9th of September 2014 10:57:22 PM
.... However, a $2bn price tag will raise analyst eyebrows amid fears that games companies are attracting high valuations on the back of just one or two titles. British game maker King Digital Entertainment floated earlier this year following the release of the hit game Candy Crush Saga. ...
Tunisia's first video games boss's global ambition image
Source : BBC [Read Article] Tuesday 26th of August 2014 11:01:11 PM
....The business is still just officially three years old, but it has already developed 34 video games, 30 for third parties, and four released under its own name. Its latest game - Defendoor - is available to play on Facebook - and Mr Midani, a Microsoft start-up boss of the year award winner, ultimately hopes to create a hit to rival the likes of Angry Bird, Farmville or Candy Crush. ...
Source : Independent [Read Article] Monday 18th of August 2014 08:32:42 PM
.... But the London Stock Exchange has raised its game by easing listing rules for fast-growth companies, and Mr Kostyal admitted that “the competition is fierce” with both the LSE and the Nasdaq’s local rival, the New York Stock Exchange. Earlier this year, the NYSE won the British games business King Digital, maker of Candy Crush Saga, despite Nasdaq’s tech-heavy reputation. ...
‘Candy Crush’ has turned sour, so is it game over for King Digital? image
Source : Independent [Read Article] Wednesday 13th of August 2014 11:43:05 PM
....But when King Digital floated back in March, the London tech firm managed to find a way to grab the attention of the NYSE’s workers. To celebrate the start of trading after raising $500m (£300m), it decided to bring along a number of poor souls dressed as characters from its hit Candy Crush Saga game, as well as some of its other, less well-known titles. ...
Candy Crush maker reduces 2014 forecasts  image
Source : BBC [Read Article] Wednesday 13th of August 2014 06:56:42 AM
. The makers of mobile game Candy Crush Saga have reduced their 2014 forecast after lower-than-expected second-quarter results. ...
Has King just had its Zynga moment? image
Source : Telegraph [Read Article] Tuesday 12th of August 2014 11:05:57 PM
.... . However, investors were worried that too much of its success was staked on Candy Crush Saga, its biggest hit by far. ...
More than $1.4bn wiped off King as Candy Crush Saga appeal wanes image
Source : Telegraph [Read Article] Tuesday 12th of August 2014 11:01:46 PM
. King, the British games company behind Candy Crush Saga, lost more than $1. ...
Candy Crushed: shares tumble on news of game's sinking popularity image
Source : Guardian [Read Article] Tuesday 12th of August 2014 09:24:25 PM
. Shares in the video games maker King Digital lost close to a quarter of their value on Tuesday after it reported declining popularity for its phenomenally successful Candy Crush Saga. ...
Critics round on Candy Crush group after popularity drop  image
Source : Daily Express [Read Article] Sunday 10th of August 2014 12:01:00 AM
....Critics claim that because King garners the majority of its revenue from a small pool of players, a decline in the popularity of its games could hit its finances hard. About 80 per cent of the company’s revenue was derived from Candy Crush during 2013, highlighting King’s dependency on the game. ...
Sunday interview: King's Riccardo Zacconi image
Source : Telegraph [Read Article] Saturday 28th of June 2014 07:00:06 PM
. When I first met Riccardo Zacconi in 2012, King, the computer games company he co-founded, was getting ready to launch Candy Crush Saga. ...
Alibaba chooses NYSE over Nasdaq for listing image
Source : Telegraph [Read Article] Thursday 26th of June 2014 06:33:51 PM
.... . Since then, key IPOs, including Twitter and Candy Crush maker King Digital, have opted for the NYSE. ...
How tech's new wave turned UK on to winning ways image
Source : Guardian [Read Article] Saturday 21st of June 2014 11:02:01 PM
....In financial technology, economists say the capital employs as many people as New York. When it comes to games played on mobiles and tablets, Europe is already a bigger force than Silicon Valley, with the creators of Candy Crush, Angry Birds, Clash of Clans and Minecraft all hailing from Britain and the Nordic countries. ...
Europe creates 30 $1bn-plus tech firms since 2003 image
Source : Guardian [Read Article] Sunday 15th of June 2014 01:51:35 PM
.... Its equivalent to Amazon, a company founded in 2008 called Ulmart, is said to be considering a London stock market listing next year. Sweden is in third place with four unicorns, including Spotify, games company Mojang – which makes Minecraft – and the Anglo-Swedish group King, creator of smartphone game Candy Crush. ...
Source : Independent [Read Article] Tuesday 10th of June 2014 11:00:00 PM
....One of the private backers behind Just Eat and the video games developer King has defended their disappointing stock market listings, denying that investors were "hoodwinked" into buying at inflated valuations. Shares in the online takeaway portal Just Eat and the Candy Crush Saga games developer King fell below their listing prices earlier this year, and both are still trading below their IPO pricing. ...
How King Digital Entertainment's CEO conquered the gaming world image
Source : Guardian [Read Article] Friday 6th of June 2014 01:33:41 PM
.... He is dressed top to toe in navy blue, with matching polo shirt, jeans and trainers. The office around him vibrates with the explosion-in-a-paint factory colours of King's hit smartphone game, Candy Crush. ...
Candy Crush maker to take over Facebook's Covent Garden office image
Source : Guardian [Read Article] Friday 6th of June 2014 12:36:10 PM
.... The Anglo-Swedish company is using the $330m (£196m) raised in a New York stock exchange listing in March to recruit designers and speed up the creation of new games. It is developing a sequel to Candy Crush Saga , which became the most profitable smartphone game ever last year. ...
Shrewd investors can still find value in IPOs image
Source : Telegraph [Read Article] Sunday 1st of June 2014 06:31:29 PM
.... The flurry of spectacular and well-publicised IPOs in the past 12 months – think Twitter and Royal Mail – has been followed by some similarly spectacular flops. The name that will immediately spring to most investors’ minds is the saga of King Digital Entertainment, creator of Candy Crush, which endured an embarrassing first-day fall of 16pc. ...
Online retailer The Hut rules out IPO this year image
Source : Guardian [Read Article] Tuesday 27th of May 2014 12:02:03 PM
....Meanwhile, tech-related stocks have endured a particularly rough ride, with electricals retailer AO. com's stock sinking 14% since it listed in February and Candy Crush maker King sinking 23% since its float in March. ...
Sunday Times Rich List 'wealthier than ever' image
Source : BBC [Read Article] Sunday 18th of May 2014 08:16:49 AM
....Sam and Dan Houser, who created Grand Theft Auto, are at 947 on the list with a joint wealth of £90m. Four of the creators of Candy Crush Saga have jumped onto the list, all with fortunes worth hundreds of millions of pounds. ...
Britain's super-rich are wealthier than ever before with £519bn combined fortune image
.... . The digital economy also showed its growing purchasing power as four members of King Digital Entertainment, which is behind the addictive Candy Crush game, joined the list for the first time too. ...
Snapchat to be monitored for 20 years after FTC settlement image
Source : Telegraph [Read Article] Thursday 8th of May 2014 07:06:24 PM
.... Can Alibaba live up to the hype after its IPO? . King shares plummet as Candy Crush Saga popularity wanes . ...
King shares plummet as Candy Crush Saga popularity wanes image
Source : Telegraph [Read Article] Wednesday 7th of May 2014 05:58:12 PM
.... Shares in King Digital Entertainment plummeted 10. 5pc on Wednesday, even as the maker of the popular mobile game Candy Crush Saga reported better-than-expected first-quarter results. ...
Why current turbulence cannot be likened to the dotcom crash of 2000 image
Source : Telegraph [Read Article] Thursday 17th of April 2014 08:30:30 PM
.... A host of fast-growing internet companies have also felt the pain. King Digital, the British gaming company behind the smash hit Candy Crush Saga, endured a disappointing stock market debut, and shares in Facebook and Twitter itself have both lost more than 10pc of their value in the past month. ...
Google and IBM quarterly results 'disappoint' image
Source : Independent [Read Article] Thursday 17th of April 2014 12:45:46 PM
....Both results come after investors turned their backs on companies like Amazon and Yahoo! at the start of the week. Stock market listings by firms like King, creator of Candy Crush, have fared badly. ...
Tencent brings popular game Candy Crush to China  image
Source : BBC [Read Article] Thursday 17th of April 2014 02:21:59 AM
. China's internet giant Tencent will launch the popular Candy Crush game on the mainland in a partnership with the game's creator. ...
Tech company valuations risk bringing down the whole sector image
Source : Telegraph [Read Article] Monday 7th of April 2014 06:12:25 PM
.... Twitter has soared from $14bn to $24bn since it listed in November (briefly grazing $40bn), despite the fact it does not make a profit and is finding it increasingly hard to add new users. On the other hand, King, the company behind Candy Crush Saga, has profits aplenty, but has yet to demonstrate that it can produce more than one hit game. ...
King goes on hiring spree a week after IPO image
Source : Telegraph [Read Article] Monday 31st of March 2014 02:57:32 PM
. King, the British computer games maker behind Candy Crush Saga, has embarked on a major hiring spree less than a week after its lacklustre initial public offering. ...

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