Sony Corp and Nintendo Co shares slid after Alphabet Inc’s Google outlined a major push into videogames with a streaming service called Stadia. Nintendo dropped as much as 4.6% and Sony declined 4.5% March 20, the biggest intraday drop for both stocks in six weeks. Stadia lets developers put games on a streaming platform that will allow players to access the action through the web, skipping expensive consoles or personal computers, Google announced at the Game Developers Conference in San Francisco.

Source: The Star March 20, 2019 05:15 UTC