Latest News Today – Battlefield 2042 Trailer Shows off Multiplayer Modes,

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Battlefield 2042 multiplayer first person shooter for PlayStation, Xbox, and PC has been officially revealed through a trailer that shows its game engine footage. The game is being developed by DICE and published by Electronic Arts with a release date of October 22. The trailer previews some of the game modes of the multiplayer-only game. Battlefield 2042 takes things to the next level with battles of up to 128 players. The game will have huge maps that will include what the developer calls ‘Levolution’ — an event that can alter the battlefield for a dynamic, unpredictable experience.

The trailer was shared on Battlefield’s official YouTube channel showing off the game engine footage and what to expect from Battlefield 2042. The actual gameplay footage will be revealed on June 13. The trailer previews game modes including All-Out Warfare and Hazard Zone with another mode which will be unveiled at EA Play Live on July 22. All-Out Warfare will be a large-scale battle with Conquest and Breakthrough modes that will have up to 128 players available on consoles including Xbox Series X/ Series S, PlayStation 5, and PC. The PlayStation 4 and Xbox One version of the game will support a maximum of 64 players.

The trailer introduces a new ‘Levolution’ element, a tornado that moves across the map and can suck up objects, vehicles, players, and even destroy parts of the map. Players with wingsuits can fly around and guns can be customised whenever required. It also shows the iconic Battlefield 4 move where players eject out of their jets, shoot down an enemy jet, and get right back in. It was a nod to Battlefield players familiar with this kind of gameplay. And so is the third mode which, according to the Battlefield 2042 website, is a love letter to the core fans.

There will be seven maps in Battlefield 2042 called Orbital, Hourglass, Kaleidoscope, Manifest, Discarded, Breakaway, and Renewal. They are large-scale maps that, because of their size, will implement the capture zone mechanics a little differently than the previous games in the series.

YouTuber Jackfrags, who was apparently a part of the press pre-brief for Battlefield 2042, shared that there will be no single-player campaign. Though, there will be story elements in the maps. The Battlefield 2042 features AI soldiers and the players will also have the option to play against an army of bots solo or with their friends. And it looks like getting access to vehicles will be easier as well. PlayStation 4 and Xbox One versions of the game will get relatively smaller maps tailored for 64 players but the big events will still be present.

Battlefield 2042 is up for pre-order right now and will release on October 22. It costs Rs. 3,499 on PC via Steam, Origin, and Epic Store. For Xbox Series X/ S, and PlayStation 5, the game costs Rs. 4,499, while for Xbox One and PlayStation 4, it costs Rs. 3,999. The gameplay reveal will take place on June 13.


It’s an all television spectacular this week on Orbital, the Gadgets 360 podcast, as we discuss 8K, screen sizes, QLED and mini-LED panels — and offer some buying advice. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.
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Novavax, Tesla, Match, Palantir: What to Watch When the Stock | Sidnaz Blog

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Here’s what we’re watching as markets kick into gear on Tuesday.

  • U.S. stock futures and global indexes fell after concerns about rising inflation resurfaced, prompting a selloff in highflying technology stocks.
  • Futures tied to the S&P 500 dropped 0.8%, a day after the broad market index declined 1% from its record closing level. Nasdaq-100 futures retreated 1.3%, suggesting that tech stocks were poised for further losses after dragging broader indexes lower at the start of the week. Dow Jones Industrial Average futures fell 0.5%. Read our full market wrap here.
What’s Coming Up
Market Movers to Watch

A banner featuring the logo of Palantir Technologies at the New York Stock Exchange on the day of its initial public offering, Sept. 30, 2020.



Photo:

andrew kelly/Reuters

  • Aspen Technology

    jumped 5.8% after S&P Dow Jones Indices said the company will be added to the S&P MidCap 400 index, replacing

    Avanos Medical.

  • Hershey

    rose 2.9% premarket. The chocolate manufacturer is up 3.7% for the month so far.

  • Enphase Energy

    is down over 5%, adding to Monday’s decline.

Market Facts
  • The Nasdaq Composite Index has fallen for seven of the past 10 trading sessions and has lost over 4% this month so far. Futures are suggesting another day of losses for tech stocks.
  • Venture-capital funding to Israeli cyber firms hit $1 billion last year, according to business-analytics firm Crunchbase, about 13% of global investment in security startups. The sum is second only to U.S. security startups, which drew $5.9 billion in 2020.
  • The MSCI All Country World Value Index is beating its growth-stocks equivalent by 11.3 percentage points over the past 12 weeks. That’s its biggest advantage since mid-2009, when the equity market was climbing off the floor following the global financial crisis.
Chart of the Day

Junk bond issuance is surging in Europe. Risky companies are getting ultralow borrowing costs and increasingly loose borrowing terms, such as “pick-your-poison” clauses. Read more here.

Must Reads Since You Went to Bed

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Roblox Isn’t Priced for Playing Around | Sidnaz Blog

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A virtual gathering of Roblox employees marking the direct listing on the New York Stock Exchange on Wednesday.



Photo:

Roblox

For

Roblox,


RBLX 54.44%

waiting only seemed to make Wall Street’s heart grow fonder.

Having delayed its direct listing from December, Roblox still roared out of the gates Wednesday. By the close of trading, the stock had jumped 54% above the somewhat arbitrary reference price set by the New York Stock Exchange. It was also up nearly 8% over its opening price. The last four major companies to try a direct listing

Slack,

Spotify,

Palantir

and

Asana

—actually averaged a 2% decline on their first trading days, relative to opening price.

The last three have managed significant gains since. Slack is being acquired by

Salesforce.

For Roblox, the challenge will be living up to what is now the most-expensive valuation by far for a videogame publisher. Its closing price values the company at around 25 times the midpoint of its projected revenue for the current year.

Activision Blizzard,


ATVI -1.29%

Electronic Arts,

Take-Two Interactive,


TTWO -2.22%

Zynga

and the newly public

Playtika

currently average multiples of a little under 6 times forward sales, according to FactSet.

That said, Roblox’s unique business model should justify a premium. The company provides a platform for its users to design and run their own games, generating revenue through the sale of so-called Robux for players to use as in-game currency. That frees Roblox from the hit-and-miss cyclicality common in the videogame industry. And investors have taken a shine lately to alternative ways to play in the videogame space.

Unity Software,

which provides tools and services primarily to videogame developers, has jumped 46% since its first trading day last year and is now valued around 27 times forward sales.

Roblox has been generating positive free cash flow consistently—even before the pandemic boosted its business last year. And the valuation looks a bit more reasonable if measured against the company’s bookings, which are projected to exceed $2 billion this year—about 40% ahead of projected revenue.

Roblox’s main challenge might be showing that it can expand beyond its core audience; about two-thirds of its user base is under the age of 14. Respondents to a recent investor survey by Bernstein Research put a 43% probability on Roblox’s being able to achieve a similar level of market penetration with older age groups. At its current valuation, Roblox can’t afford to be stuck at the kids’ table.

Write to Dan Gallagher at [email protected]

Copyright ©2020 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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GameStop, Alphabet, Match: What to Watch When the Stock Market | Sidnaz Blog

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Here’s what we’re watching ahead of Wednesday’s market action.

U.S. stock futures edged higher, with technology stocks poised to lead gains as investors cheered corporate earnings and the prospect of more fiscal stimulus.

Futures tied to the S&P 500 ticked up 0.4%, while contracts on the Dow Jones Industrial Average were up a more muted 0.1%. Tech-heavy Nasdaq-100 futures rose 0.7% after Alphabet reported strong sales growth late Tuesday. Read our full market wrap.

What’s Coming Up

Earnings updates are due after the close from

eBay,


EBAY -1.95%

IAC/InteractiveCorp,


IAC 5.82%

PayPal,


PYPL 3.00%

MetLife


MET 0.95%

and

Qualcomm.


QCOM 1.98%

The ADP employment report, due at 8:15 a.m. ET, is expected to show that the private sector added 50,000 jobs in January.

IHS Markit’s U.S. services index for January, due at 9:45 a.m., is expected to fall to 57.1 from a preliminary reading of 57.5. The Institute for Supply Management’s services index for January, due at 10 a.m., is expected to tick down to 57 from 57.2 a month earlier.

Market Movers to Watch

Some of the Reddit traders’ favorite stocks are bouncing around ahead of the bell after a rough day.

GameStop


GME -60.00%

edged up 0.5%,

AMC


AMC -41.20%

added more than 5% and

Koss


KOSS -42.86%

jumped 33%. For our live blog of the action, follow this link.

—Google-parent

Alphabet’s


GOOG 1.38%

shares jumped more than 7% premarket after its earnings reflected a continuing recovery in global ad spending that took a hit in early 2020 when people paused travel plans and other purchases.

—Online-dating company

Match Group


MTCH 2.84%

‘s shares dropped 5.4% premarket after it delivered slightly better-than-expected results Tuesday but gave a mixed outlook for the quarter and year ahead.

—Burrito chain

Chipotle


CMG 0.93%

‘s shares slipped 2.8% premarket after it said its labor expenses rose in the latest quarter as the Covid-19 pandemic worsened, while online orders increased sharply.

Spotify


SPOT 3.73%

‘s U.S.-listed shares fell 6.4% ahead of the bell. The music-streaming giant posted stronger-than-expected subscription growth in the fourth quarter of 2020, but offered a conservative outlook for the current year.

The end of an era at Amazon: The e-commerce giant’s shares edged up 0.2% after it said

Jeff Bezos

will shift to executive chairman and hand over the CEO role later this year to Andy Jassy. The surprise announcement came as the company capped off its 2020 financial performance with record quarterly sales.

—Shares of videogame publisher

Electronic Arts


EA 2.13%

fell 3.8% premarket after it reported that revenue rose 5% in the latest quarter as the pandemic continued to fuel demand for at-home entertainment. Under a new partnership with collegiate-trademark company CLC, EA will gain exclusive rights to make games that simulate U.S. college football.

The Electronic Arts gaming area during the Gamescom industry event in Cologne, Germany, Aug. 20, 2019.



Photo:

Krisztian Bocsi/Bloomberg News

Market Fact

Wood-pulp prices are soaring thanks to speculators in China, with help from paper takeout containers, a weaker dollar and people using restrooms at home instead of at the office. Bleached softwood kraft pulp futures have risen 48% on the Shanghai Futures Exchange since Dec. 1, to about $1,037 a ton.

Chart of the Day

Alibaba plans to sell billions of dollars of bonds, in what will be a test of investor appetite after the e-commerce giant’s recent run-ins with Chinese authorities.

Must Reads Since You Went to Bed

GameStop Mania Hits a Wall of Tighter Trading Terms

Ackman Raises Bet on Housing in Texas, Hawaii, Las Vegas

Rocket Startup Astra Space Poised to Go Public at $2.1 Billion Valuation

GameStop Traders Turn Against New Forum Members

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Mass Effect Legendary Edition Release Date Set for May | Sidnaz Blog

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Mass Effect Legendary Edition has set a May 14 release date, developer BioWare announced Tuesday in a reveal trailer for the long-anticipated 4K remaster of the original Mass Effect trilogy. It’ll cost Rs. 3,999 in India and $60 in the US, and will be available on PC (EA Play/Origin and Steam), PlayStation 4, and Xbox One. Pre-orders are now open. Mass Effect Legendary Edition will also be playable on PlayStation 5 and Xbox Series S/X, with next-gen consoles receiving “targeted enhancements” of their own. The 4K HDR remaster includes single-player content from 2007’s Mass Effect, 2010’s Mass Effect 2, and 2012’s Mass Effect 3, alongside more than 40 downloadable content (DLC) story, weapon, and armour packs.

BioWare is touting three major things for Mass Effect Legendary Edition. That starts with the three Mass Effect games now rendered in 4K Ultra HD resolution with HDR (high-dynamic-range) imaging. Character models, textures, shaders, and VFX have all been remastered. The original Mass Effect trilogy now also offers depth-of-field, alongside better lighting, shadows, and volumetrics. Mass Effect Legendary Edition will offer a smooth 60fps experience on the PS5, Xbox Series S/X, PlayStation 4 Pro, and Xbox One X, BioWare revealed, with next-gen consoles also benefiting from reduced load times. The PC version will support high refresh rate and 21:9 widescreen monitors.

Mass Effect Legendary Edition will also come with a universal character creator across all three games. You’ve more choices when picking your character’s hair style, skin tone, and make-up. Lastly, Mass Effect 3’s female Shepard is available as the default female Shepard across the trilogy, though BioWare didn’t say if it brought back actress Jennifer Hale to do additional voice work.

The oldest of the lot — 2007’s Mass Effect — is getting improvements of its own. Combat and exploration have been brought up to speed; that includes the aiming and camera departments, squad controls and how they behave on the battlefield, and the handling of the six-wheeled vehicle Mako. Additionally, there is added detail in locations such as Eden Prime, Ilos, and Feros as part of what BioWare labels “comprehensive world-building enhancements.” The Mass Effect UI has also been updated.

“It’s been an incredible journey revisiting the stories, characters and iconic moments of the Mass Effect trilogy, enhancing the experience for modern platforms while staying true to the spirit of the original,” Mass Effect Legendary Edition project director and the original trilogy’s lead writer Mac Walters said in a prepared statement. “Remastering a game, let alone three, is a huge undertaking as there’s over 100 hours of gameplay included, but we wanted to do this for our fans as well as a new generation of gamers looking to jump into the iconic story of Shepard.”

Mass Effect Legendary Edition is out May 14 on PC, PS4, and Xbox One. It will also be playable on PS5 and Xbox Series S/X via backward compatibility. You can now pre-order Mass Effect Legendary Edition, starting at Rs. 3,999 / $60.

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