In this week’s TPoI, Sony announces plans to release a new PlayStation VR unit this month, South America’s biggest gaming expo is expected to host over 300,000 attendees, and Ubisoft buys back $4 million in shares to delay hostile takeover.
Sony Announces Updated PlayStation VR headset
Sony announced on Tuesday that a new version of their PSVR virtual reality headset will be available for purchase this month in Japan. GameSpot reports that the new unit will have an integrated set of headphones as well as HDR pass-through. The new headset can be used in conjunction with a controller or their PlayStation Move Controller, which UploadVR reports will be updated to include the more standard Micro USB ports for charging versus the original models’ Mini USB ports. While the updated headset will be available in Japan first, TechAdvisor reports that the headset will become available in other countries throughout the holiday season.
Brasil Game Show Draws Over 300,000 Attendees
Starting next week, over 300,000 videogame fans and industry professionals will be attending Latin America’s largest gaming convention, the Brasil Game Show in São Paulo, Brazil. The New York Times reports that the Brazilian convention, which started in 2009, has now grown to rival established gaming expos like Gamescom in Germany and The Tokyo Game Show in Japan. As global gaming shows continue develop, with new shows like Play Expo 2017 in Manchester popping up, critics are beginning to question why gaming expos in America haven’t grown to the same size.
Ubisoft Buys Back Shares to Fight Corporate Takeover
Ubisoft announced Thursday that the company will buy over $4 million worth of the company’s own shares back from outside parties. VentureBeat reports that this action will help the company defend itself against a hostile takeover from French media conglomerate, Vivendi. GameSpot covered the topic and highlighted the fact that Vivendi has tried to buy out shares of the company since 2015. Neowin reports that Vivendi currently owns 27% of Ubisoft’s capital shares and that Vivendi would just have to own 3% more if they wanted to make a bid for ownership of Ubisoft.