Videogames

Sony is planning to sell a more powerful version of its PlayStation 4 to handle higher-end graphics, including virtual reality, while continuing production of its console.

Sony said it would start making games for smartphones including Apple’s iPhones and Android phones, following rival Nintendo’s move into the fast-growing market.

Advertising is now solidly part of Chinese Internet giant Tencent’s money-making network. Investors should get the message loud and clear.

Underpricing Oculus should put Sony to the head of the virtual-reality pack, as it readies to launch its PlayStation VR and kick start what could be the newest technological wave.

PlayStation VR will take a bit longer to become reality as Sony delays the launch of the virtual-reality system to October from June—giving competitors a head start on a technology expected to create a major market.

For videogame makers, digital add-ons—new missions, maps and other virtual gear—have become a cash cow, providing recurring revenue for companies whose profits often hinge on the success of a single game.

Rampant growth at Supercell Oy in recent years has cooled, pointing to the fast-moving nature of the mobile-game industry.

Intel agreed to acquire Replay Technologies, an Israeli virtual-reality startup specializing in the digitization of sports, a business the Silicon Valley giant is eager to grow.

Chinese shares rallied Monday as investors focused on China’s plans to prop up the slowing economy, boosting stocks in such sectors as construction, technology and pharmaceuticals.

McDonald’s in Sweden has redesigned its iconic red and yellow cardboard boxes to transform into virtual reality headsets.

The company cited the strong yen and weaker-than-expected sales of its handheld game device, strengthening the view that the company needs a strong migration to the mobile game industry.

Zynga purchased the seven-story office building in the Design District, once a symbol of corporate perks, for $228 million.