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Amazon Scales Back Gaming Ambitions as Stock Slides

Amazon Scales Back Gaming Ambitions as Stock Slides

Author:

Global Cryptocurrency

Published:

2025-10-30 18:10:03

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BTCCSquare news:

Amazon's (NASDAQ:AMZN) gaming division faces significant cutbacks, with updates halted for 'New World: Aeternum' and a planned 'Lord of the Rings' MMO shelved. The retrenchment follows layoffs across Amazon Games and broader operations, triggering a nearly 2% drop in shares during Thursday trading.

The company cited unsustainable development costs for 'New World,' despite its ongoing popularity. PlayStation Plus subscribers retain access, but no further content updates are planned. These strategic withdrawals mark a notable retreat from Amazon's earlier gaming market aspirations.

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