Industry

Nintendo recap: Stock controversy and Zelda port rumors

Posted On: Jun 28, 2022   |   Posted By: iMore

Nintendo recap: Stock controversy and Zelda port rumors

Plus, bad news surrounding Xenoblade Chronicles 3 Collector's Edition.
Hello everyone and welcome to this week's Nintendo recap. There was a mixture of happy and sad news within the last seven days starting with the delay of Xenoblade Chronicles 3 Collector's Edition. Controversy sparked online after Saudi Arabia crown prince bought a large stake in Nintendo. In other news, Kirby 64 finally came to Switch, Kingdom Hearts - Cloud Version got an update, and rumors for upcoming Zelda ports have continued to fly after an interview with someone who worked on past Zelda ports. There's even more to discuss so let's a-go!
Saudi Arabia crown prince buys 5% stake in Nintendo and sparks controversy
The Saudi Arabia Public Investment Fund purchased a 5.01% stake in Nintendo for roughly $3 billion under the direction of Saudi Arabia crown prince, Mohammed bin Salman. Acquisitions and consolidation within the video game industry have been a common trend this year with the biggest announcement being Microsoft...

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