Piper Jaffray analyst Katherine Egbert cut her price targets in the Enterprise Software space to reflect the recent selloff in the space. Recent channel checks do not indicate a spending slowdown domestically, however, the analyst points out. Her top picks continue to be Oracle (ORCL) and Microsoft (MSFT). Egbert's price target cuts include Splunk (SPLK) to $35 from $78, Microsoft to $62 from $66, NetSuite (N) to $40 from $72, Oracle to $43 from $46, Red Hat (RHT) to $78 from $95 and VMware (VMW) to $55 from $65.

Amazon (AMZN) has renewed its latest hit Prime Video series "Fallout" for a second season, Variety's Joe Otterson reports. The news comes after Variety previously reported that a second season was slated to receive $25M in tax credits by shooting in the state of California. The "Fallout" franchise is published by Bethesda, which Microsoft (MSFT) acquired in 2021. Reference Link

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Sales of video games in Bethesda's "Fallout" series have surged across Europe, with 2015's "Fallout 4" reclaiming the top spot, Gamesindustry.biz's Christopher Dring reports. Sales of "Fallout 4" jumped 7,500% week-on-week across Europe, due to some heavy discounting on games in the "Fallout" franchise across all platforms designed to tie-in with Amazon Prime's (AMZN) "Fallout" television series, Dring says, citing GSD data. 2018's "Fallout 76," 2010's "Fallout: New Vegas," and 2008's "Fallout 3" rounded out Europe's weekly top ten as well, Dring says. The Fly notes that Microsoft (MSFT) acquired Bethesda in 2021. Reference Link

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Microsoft's Activision is dropping team entry fees for its professional Call of Duty League, and will return prior collected fees, as the esports industry faces profit challenges, Bloomberg's Cecilia D'Anastasio reports. A lawsuit this year from a former owner identified the fees as $27.5M per franchise. Activision is also offering the teams two-year minimum revenue guarantees, according to the report. Reference Link

Oracle Corporation Japan "announced that it plans to invest more than $8B over the next 10 years to meet the growing demand for cloud computing and AI infrastructure in Japan. The investment will grow Oracle Cloud Infrastructure's footprint across Japan. In addition, to help customers and partners address the digital sovereignty requirements in Japan, Oracle will significantly expand its operations and support engineering teams with Japan-based personnel. Oracle plans to increase local customer support of its public cloud regions in Tokyo and Osaka and its local operations teams for Oracle Alloy and OCI Dedicated Region. This will enable governments and businesses across Japan to continue to move their mission-critical workloads to the Oracle Cloud and embrace sovereign AI solutions."

Microsoft's (MSFT) Rare said that its 2018 video game "Sea of Thieves," has achieved 40M players across Xbox, Windows 10 and Steam so far. The Fly notes that the game is set to release on PlayStation 5 (SONY) on April 30. Reference Link

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