Take-Two acquires Borderlands developer Gearbox Entertainment from the Embracer Group for $460M in stock; the deal is expected to close by the end of June 2024
A new Homeworld game is also in development. — Embracer Group has officially divested Gearbox Entertainment …
Take-Two acquires Borderlands developer Gearbox Entertainment from the Embracer Group for $460M in stock; the deal is expected to close by the end of June 2024
A new Homeworld game is also in development. — Embracer Group has officially divested Gearbox Entertainment …
Source: Embracer plans to sell its subsidiary Saber Interactive to private investors in a $500M deal, making Saber a privately-owned company with ~3,500 staff
Saber will continue developing Star Wars: Knights of the Old Republic — Swedish gaming company Embracer Group AB will sell …
Microsoft Gaming CEO Phil Spencer announces an event next week to share “our vision for the future of Xbox”, amid rumors that Xbox exclusives are coming to PS5
Details of Microsoft's multi-platform plans have been gradually leaking, with The Verge revealing over the weekend …
Tencent-owned Riot Games plans to lay off 530 employees globally, or ~11% of its staff, saying Riot had “more than doubled in headcount” over the past few years
The cuts, which amount to about 11% of staff, were announced Monday in a blog post and letter to employees.
Microsoft Gaming CEO Phil Spencer says he does not “feel an imperative” from users to release a new Xbox console, and the team is “pretty set on the hardware”
but it doesn't need one Metro : Xbox boss insists there's no demand for a more powerful console yet Aleksha McLoughlin / TechRadar : Xbox head Phil Spencer doesn't see the need for...
Microsoft Gaming CEO Phil Spencer says he does not “feel an imperative” from users to release a major Xbox upgrade, preferring instead the “hardware we have”
Microsoft Corp.'s video gaming chief Phil Spencer said he doesn't “feel an imperative” to come out with a major upgrade of its Xbox game console.
Twitter increases the tweet length for Blue subscribers to 10,000 characters, up from the 4,000 set in February 2023, and adds bold and italic text formatting
We're making improvements to the writing and reading experience on Twitter! Starting today, Twitter now supports Tweets up to 10,000 characters in length, with bold and italic text...
Docs: SpaceX paid $250K to settle a flight attendant's allegation that Elon Musk exposed himself and offered a horse in exchange for an erotic massage in 2016
Complications for the Twitter deal? Bill Chappell / NPR : Elon Musk denies a report accusing him of sexual misconduct on a SpaceX jet Abram Brown / Forbes : How The Sexual Miscondu...
SafeGraph says it will stop selling the location data of visitors to Planned Parenthood and other family planning centers “to curtail any potential misuse”
including the authorities — conveniently pre-sifted for visits to reproductive health clinics. A years-in-the-making total regulatory failure. https://twitter.com/... https://twitt...
Sources: Activision Blizzard tried to find other buyers, including Meta, while weighing a potential Microsoft takeover after the WSJ's exposé in November
Bloomberg :
Sony's shares fell 13% on Wednesday, its biggest drop since October 2008, wiping $20B off its valuation, after Microsoft announced its Activision deal
Sony Group Corp. shares fell 13% in Tokyo on Wednesday, their biggest drop since October 2008, after PlayStation rival Microsoft Corp. announced …
Twitter says it is testing “Quote Tweet with reaction”, an option to let iOS users retweet and attach a video reaction
Twitter says it is testing “Quote Tweet with reaction”, an option to let iOS users retweet and attach a video reaction
Twitter on Thursday launched a new feature in its iOS app for a small group of users. With this option, it's now possible to retweet someone's post and add your own video reaction...
Netflix hires ex-Facebook and EA exec Mike Verdu as VP of game development; source: Netflix plans to offer games as a new programming genre within the next year
Netflix Inc., marking its first big move beyond TV shows and films, is planning an expansion into video games and has hired …
Sources: Microsoft is in exclusive talks to acquire Discord for $10B+ and could complete the deal next month
Deal valuing chat app at $10 billion or more could be completed next month — Microsoft Corp. is in advanced talks to acquire messaging platform Discord Inc. for $10 billion or mo...
Sources say Discord is exploring a sale that could value it at $10B+, with one source saying it is in the final stage of negotiations
Sources: Microsoft is in talks to buy Discord for more than $10B; one source says Discord is more likely to go public than sell itself
Microsoft Corp. is in talks to acquire Discord Inc., a video-game chat community, for more than $10 billion, according to people familiar with the matter.
Google says it will close its two Stadia game studios, in LA and Montreal, and Stadia head Jade Raymond is leaving; the closure will affect ~150 developers
Google Stadia, the late 2019 streaming platform that promised to revolutionize gaming by letting users stream games without needing …
Robinhood says it raised emergency funding of $1B+ from its existing investors, as it faces an onslaught of demands on its cash amid a stock market frenzy
The no-fee trading app, which is popular with young investors, has been strained by the high volume of trading this week in stocks such as GameStop.