Ubisoft reports a record operating loss of $1.40B for the year to March and says sales in 2026-27 will fall by about 8% to 9%; UBI falls 6%+
French videogame publisher Ubisoft warned on Wednesday of another year of losses and lower sales after a record annual operating loss, deepening pressure on the company as it restructures.
The Marshall Islands unveils a national UBI scheme that offers payments of ~$200 per quarter to every resident citizen via stablecoin or traditional currency
Quarterly payments of $200 to be offered via stablecoin or traditional currency in a scheme designed to ease cost of living pressures in the Pacific nation
Ubisoft delayed reporting its Q2 results after auditors found it improperly booked sales from a partnership as revenue, forcing it to restate its accounts
Ubisoft's first half financials for fiscal year 2026 are now available, following a delay of about a week. Craig Chapple / PocketGamer.biz : Tencent's €1.16bn Ubisoft investment on track to close in c...
Ubisoft plans to spin off a unit, which includes Assassin's Creed, into a ~€4B subsidiary with Tencent investing €1.16B for a 25% stake; UBI jumps 10%
Ubisoft Entertainment SA shares jumped as much as 10% after the video game maker said it will carve out a unit including Assassin's Creed …
Sources: Ubisoft's founding Guillemot family and Tencent consider options, including a buyout of Ubisoft after it lost 50%+ of its value in 2024; UBI jumps 25%+
- Deliberations come after fall in game developer's share price — Tencent, Guillemot family hold minority stakes in French firm
Ubisoft lowers its FY 2024-25 bookings forecast to €1.95B, vs. €2.42B est., and delays Assassin's Creed Shadows to February 14, 2025; UBI drops 15%+
- Company said its recent Star Wars release had underperformed
The Worldcoin Foundation rolls out its Worldcoin token, received after using an eye-scanning “orb”, in 35 cities; Worldcoin plans to retain 20% of its tokens
More than three years ago we founded Worldcoin with the ambition … Manish Singh / TechCrunch : Sam Altman's Worldcoin eyeball-scanning crypto project launches Binance : Binance Will List Worldcoin (WL...
Dorsey says he's moving $1B of his Square equity, ~28% of his wealth, to Start Small LLC to fund COVID-19 relief, to later focus on girls' health and education
I'm moving $1B of my Square equity (~28% of my wealth) to #startsmall LLC to fund global COVID-19 relief. After we disarm this pandemic, the focus will shift to girl's health and education, and UBI. I...