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Videogame publisher EA's $55 billion buyout turns spotlight on gaming IP diversificationElectronic Arts undergoes a $55 billion buyout by Saudi Arabia's PIF and partners. This acquisition marks a turning point for the video gam...- Videogame maker EA in advanced talks to go private at roughly $50 billion valuationA group of investors including private equity firm Silver Lake, Saudi Arabia's PIF and Jared Kushner's Affinity Partners could unveil a dea...
- Nearly 90% of videogame developers use AI agents, Google study showsThe study, conducted by Google and The Harris Poll, surveyed 615 game developers in the US, South Korea, Norway, Finland, and Sweden in lat...
- Ubisoft activist investor says it has support of 10% of shareholders in management tussleAJ Investments, which has less than 1% stake in Ubisoft, said it was in talks with private equity firms for its push. The company's shares ...
- Take-Two banks on new games to boost bookings in next two fiscal yearsThe company in May had narrowed the release window for "GTA VI" to fall of 2025, setting the stage for the launch of the next installment o...
- GameStop faces 'unsustainable' sales decline, cuts jobs to control costsAs of February 3, GameStop had about 8,000 full-time salaried and hourly associates and between 13,000 and 18,000 part-time, hourly associa...
- Microsoft lays off 1,900 Activision Blizzard, Xbox staffMicrosoft is cutting around 1,900 jobs at Activision Blizzard and Xbox this week, news website The Verge reported on Thursday, citing an in...
- Epic Games is laying off about 830 employees, divesting BandcampThe videogame company will also spin-off most of SuperAwesome, which Epic Games acquired in 2020. SuperAwesome is a platform for developers...
- Electronic Arts forecasts weak bookings as competition, lower spending weighLegacy videogame publishers such EA are not only struggling with slowing spending, but also fighting for top spots with new entrants like W...
- Big E3 videogame expo in US is cancelledThe move comes as more major gaming players announce their own digital gatherings and following reports that titans such as Xbox, Nintendo ...
- 'FIFA' publisher EA to cut 6% of workforce, reduce office spaceEA, which had about 12,900 staff at the end of March last year, expects to incur between $170 million and $200 million in charges related t...
- 'Bored Ape' NFT startup names Activision operating chief as CEOAlegre, who has served as operating chief at the videogame publisher since April 2020, will succeed Nicole Muniz as Yuga's CEO in the first...
- EA to remove Russia and Belarus from esports seriesPlayers and teams from Russia and Belarus are ineligible to participate in the Apex Legends Global Series and the EA SPORTS FIFA 22 Global ...
- Sony to buy 'Destiny' videogame developer Bungie in $3.6 billion dealBungie will join Sony's PlayStation family, the US company said in a blog post, as the Japanese conglomerate strengthens its network of in-...
- Microsoft to buy 'Call of Duty' maker Activision in $68.7-billion dealActivision's library of games such as 'Call of Duty' and 'Overwatch' also gives Microsoft's Xbox gaming platform an edge over Sony's Playst...
- Gamers, the wait increases! 'Battlefield 2042' release delayed by a month, will now drop on Nov 19The company said the pandemic had created unforeseen challenges for the game's developers in building the next generation of Battlefield.
- Microsoft in talks to buy Discord for more than $10 billionDiscord has been talking to potential buyers and software giant Microsoft is in the running
- Facebook plans to add music services: ReportFacebook has said that it will begin letting online music services such as Spotify AB and Rdio Inc publish user activity.
- Nintendo builds on winning formula at E3Nintendo on Tuesday laid out videogame offerings that build on the winning momentum of its popular Wii consoles and DS handheld devices.
- Family-friendly Wii out to win battle-loving gamersEric Nofsinger is betting that Nintendo's family-friendly Wii videogame consoles can win the hearts of hardcore gamers. Tips to buy green P...
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