It's a testament to the company's ability to keep customers engaged with a mix of game sales and services that attach to games. The first-quarter results were so good that management raised the target for revenue and earnings per share EPS for the rest of fiscal Sales of those titles will be significant in the second-quarter results it is reporting on Nov.
But it will be even more so during the crucial holiday season coming up. One reason for that could be continued supply shortages of next-generation consoles, which have been sold out for most of the year.
Electronic Arts stock is roughly flat in However, the markets may change its mind and push the shares up if the company can maintain topline growth. Specifically, if early sales from new game releases mentioned above are significantly better than expected, the market will reward the stock.
Investors looking to accumulate shares ahead of earnings can feel good about the decision. Trading at a forward price-to-earnings ratio of Discounted offers are only available to new members. Stock Advisor will renew at the then current list price. Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
Investing Best Accounts. Read the complete insights here. Be sure to check our Careers page for our open positions. For a quick glimpse into the Newzoo culture, visit our Instagram account and see what our crew members enjoy the most about the company. Newzoo Platform. Request Trial. Search for:. We Added Newzoo Pulse to the Platform Keeping on top of everything in the games market can be a struggle due to its dynamic and complex nature.
Targeting new audiences and markets. It often feels to them like they're sending your resume into the void. And if a candidate didn't attend a top school or doesn't have a "white-sounding" name , or if the candidate doesn't look or sound like other people who work at the company, recruiters may be biased against hiring the person. The pandemic hastened the shift to primarily virtual recruitment, and to a greater reliance on these tools.
Gone are the days of crowded in-person career fairs, or flying out candidates for stressful interview processes. Instead, companies and students turned to networks like Handshake, often aided by universities. For young people, it may be changing for the better. Rembrand Koning, a Harvard Business School professor in the strategy unit, studies the rise of outbound recruitment in companies' hiring strategies. He became interested in the topic after realizing that most of the famous hiring bias studies looked at people sending their resumes to companies.
We're increasingly seeing people getting poached," Koning said. The percentage increases when it comes to Silicon Valley workers, high-skilled workers and workers with LinkedIn profiles.
The study looks at currently employed people, but Koning is working on another paper about how this change affects people entering the workforce. How do recruiters evaluate young people with little work experience?
As student recruitment networks grow in popularity, Koning said his biggest concern is ensuring that people are equally represented on the platforms. The makers of these tools want to host as many students from as many backgrounds as possible on their platforms; it's essential to their business pitch, and it's something they think about constantly. The goal is to help companies access a diverse candidate pool and help students access opportunities they wouldn't have had otherwise.
Without a strong user base, neither of those things can happen. Digital recruitment networks can broaden choices on both the student and company sides of hiring. The search is easier when everyone is in the same digital space and can search by category for the jobs and candidates relevant to them.
Ariel Lopez, CEO of hiring platform Knac, said he believes strongly in the democratization of the recruitment process. But we also care about the people that are in your pipelines.
They're more than just a resume. They're humans. Lopez began her career helping brands and startups with recruitment. She went on to found Knac, which helps companies manage and give feedback to candidates in their application pipeline. She wants to eliminate the "black hole" of resumes and ensure companies aren't ignoring qualified and passionate people.
Often even major tech companies have incompetent applicant management strategies, with candidates "swimming in spreadsheets," Lopez said. Arsh Noor Amin, an engineering graduate student at Bucknell University, appreciates the consolidation of opportunities on platforms like Handshake.
He can easily message recruiters and find software jobs that work for him as a student from Pakistan. The consolidation helps employers, too. Renee Davis, director of recruiting at Duolingo, started using Handshake to find employees in March The game-changing aspect was being able to access such a large student network all at once.
Sometimes the tools are lacking in features, however. Andrea Robinson, a junior at UCLA who's looking for marketing jobs, said Handshake is useful for finding companies, but she'll still apply directly through the company itself. This disparity can make it confusing for students to navigate. Handshake released a report in October looking at how Gen Z navigates the digital job market.
The main takeaways were that a majority of students, particularly women, feel that they don't need to meet in-person to make meaningful professional connections. The report also found that a majority, particularly students of color, feel that it's easier to break into careers compared to their parents' generation.
Digital communication is often thought to be isolating, but for some, it's freeing. HIVE, too, is focused on helping its candidates build deeper connections. Each student on the platform uploads comprehensive resumes, encouraged by HIVE to include as much information about identity and lived experience as they feel comfortable. The platform wants students to share their qualifications and interests beyond professional bullet points.
There's a slight barrier to entry with HIVE in that the platform puts its student users through various training sessions to make their applications more attractive to employers. The quick apply button is the fastest way to nowhere. It feels great to fire off applications, but it feels worse not to hear from anybody. As everyone discusses the "Great Resignation" and companies struggle to recruit the talent they want, some of the power has shifted to workers.
A lot of the conversation centers around offering currently employed workers better benefits and pay, but it should be normalized for those entering the workforce as well. Messy recruitment processes can really turn qualified people off.
It's advantageous for any company to really be thinking, 'How do we rewire what we're doing here? For recruitment tools, putting power in young people's hands is what it's all about. Just as the power of the PC fueled the early leaps of the tech revolution and the accessibility of the web built on that, the smartphone and 5G networking technology will reshape our world with blazingly fast connected devices.
Leading that charge is 5G, the high-speed next generation of mobile wireless connectivity that will connect virtually everyone and everything, including machines, objects and devices.
We wanted to get a sense of how 5G will advance the mobile ecosystem, open the door to new industries and dramatically improve the user experience. So we spoke with Alex Katouzian, senior vice president and general manager of the Mobile, Compute and Infrastructure business unit at Qualcomm Technologies, which is one of the leaders in 5G and produces the Snapdragon chips that are at the heart of so many mobile devices such as smartphones, laptops, VR headsets, AR glasses, smartwatches, cars and more that will enable the cloud-fueled digital future.
Think about the massive amounts of data going through all of our smart devices today. And not just between the devices but also up to the cloud and across the networks — all that bandwidth is increasingly brought to us through 5G. Now consider all of the functionality and opportunity that come with those smart devices, including quicker communication, better photos, better videos and speech-to-text, speech-to-speech translation. This powerful combination of new capability and speed leads to massive innovation.
And much of that now begins with smartphones, which are increasingly connected by 5G. The phone will be the centerpiece but over time more and more smart devices will be connected and operate seamlessly with each other over 5G. We're no longer simply talking about a smart device, but a smart platform that is part of a broader ecosystem.
So you'll be automatically connected to essential services no matter where you are or what you're using. This will happen in a heterogeneous computing environment that shares visual and audio capabilities. Your phone will connect with your car, your TV, a Bluetooth-enabled watch that's connected to your headset, which in turn interface with screens in your home.
The devices are contextually aware of each other. They'll interact. Think of all the intelligence that comes with this added functionality. Better photos and videos, a virtual personal assistant that helps with speech-to-text and speech-to-speech translation.
It all adds up to a combination of innovations unlike anything we've seen. And it's coming in the next three to five years. AI capabilities are spread across many different devices to impact many facets of our life and how we interact with each other. The cloud, too, will be an essential part of this equation as the information gets transferred back and forth. So imagine you have all sorts of intelligence that is being applied across many kinds of devices to interact with the least amount of latency due to 5G.
A great user experience is at the center of it all. We'll see a lot of early use on multiplayer gaming on smart devices. Those environments are graphics-heavy, with people communicating rapidly in an active social environment. Latency issues and bandwidth issues are so key to making it a real-time and fun experience. Another application will be social media involving real-time video recording and sharing between your friends and family.
Recording, streaming and downloading all require this kind of functionality. These capabilities will touch many different aspects of our world. As autonomous driving starts to become more prevalent, you will have multiple networks that pass information to the cars so that they are safer and we have fewer accidents. On the factory floor, in an industrial environment working with 5G, every machine will now know exactly what to do with the right timing.
Our Snapdragon platforms will continue to pack leading computing and connectivity technologies to deliver premium experiences across devices segments. We are investing more into the Snapdragon brand and recently created a new fan community called Snapdragon Insiders to bring the latest Snapdragon product news to tech enthusiasts globally. Tune in to our annual Snapdragon Tech Summit on Nov.
A new report argues there's more tech companies can do to stop child sexual abuse material from spreading online without sacrificing privacy. In many cases, company safeguards are failing to keep pace with the evolving threat of child sexual abuse material. Aisha Counts aishacounts is a reporting fellow at Protocol, based out of Los Angeles.
She is a graduate of the University of Southern California, where she studied business and philosophy. She can be reached at acounts protocol. Online child sex abuse material has grown exponentially during the pandemic, and tech's best defenses are no match against it, according to a new report on the threat facing countries around the world.
The report, published last month, was developed by the WeProtect Global Alliance, an NGO that represents nearly governments as well as dozens of companies including giants like Apple, Google, Facebook and Microsoft in their efforts to stop the spread of child sexual exploitation.
The report, which also includes a survey of 32 member-companies, found that not only is the sheer volume of child sexual abuse material, or CSAM, increasing, but it's growing more complex and capitalizing on tech's blind spots. That's while troubling trends like online grooming and livestreaming child sexual abuse for pay have grown.
At the same time, companies and law enforcement officials are grappling with a rapid increase in "self-generated" content from kids, who may be sending images of themselves consensually to peers only to have those images circulated without their consent later on.
The report finds that while tech companies have come a long way toward addressing this problem over the last decade, in many cases their safeguards are failing to keep pace with the evolving threat. This sustained growth is outstripping our global capacity to respond," the report reads. Children spent more time online than ever and offenders had reduced opportunities to commit offline abuses, which increased online demand for imagery.
Increases in reporting doesn't necessarily equate to an increase in volume, the report's authors caution, but they point to other recent trends that have also exacerbated the problem.
WeProtect's report included research that analyzed conversations in offender forums on the dark web and found that offenders use these forums to exchange best practices.
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