gaming industry

Sony's second PlayStation 5 price increase in under a year took effect on April 2, pushing the PS5 Pro to $900 and the standard console to $650 as AI-driven memory demand and trade tariffs compress margins across the gaming hardware industry.

Epic Games lays off roughly 20 percent of its workforce, citing a Fortnite engagement downturn that began in 2025 and over $500 million in targeted cost savings.

Crimson Desert sold three million copies in five days, but Pearl Abyss's stock fell 30 percent after mixed reviews, and undisclosed AI-generated artwork forced an apology and Steam policy violation disclosure.