business news

Ubisoft ponders a buyout by Tencent and Guillemot family’s company after second quarter stumbles

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It's become clear now that the Star Wars and Assassin's Creed IPs are not as ironclad as they once were for Ubisoft: Following a...

Roblox Q2 2024: Revenue rises, CFO steps down

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It's time for a fresh quarterly report, and this time it's coming out of Roblox, which saw its second quarter earnings for 2024 rise...

Disney invests $1.5B into Epic Games with plans to create a ‘huge Disney universe’ in Fortnite

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Seeing Disney's various IPs in Fortnite isn't exactly news by this point, but it appears as if there will be a whole lot more...

MMO Business Roundup: Unity clings to AI, Apple appeals again, Embracer restructures

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Business doesn't take a break, and so neither must we. Except for holiday breaks. But then those also can get busy because studios sometimes...

Microsoft is reportedly considering pulling Activision out of the UK market over regulatory block

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The locking of horns between Microsoft and the UK's Competition and Markets Authority over Microsoft's billion-dollar acquisition of Activision-Blizzard appears to be reaching a...
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South Korea approves merger of Microsoft and Activision-Blizzard as both companies continue to fight UK regulators

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There has been another plodding step forward in Microsoft's billion-dollar buyout of Activision-Blizzard, as reports from Korea Xbox News have now confirmed that South...

MMO Business Roundup: Krafton and Nexon break records in Q1 2023, Ubisoft lays off 60 workers

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We're continuing our May roundup of MMO and gaming business news, which means it's time for Business Kitty to make her comeback as well...
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UK government body issues order that blocks Microsoft and Activision-Blizzard from ‘acquiring an interest’ in each other

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Despite the multi-billion dollar deal between Activision-Blizzard and Microsoft slowly making forward movement in multiple smaller markets and potentially one very large market, the...

Tencent seeks larger stake in Ubisoft, Unity considers Chinese spinoff

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China continues its wrangling of the western gaming industry with moves on both Ubisoft and Unity. Reuters reported yesterday that Tencent is attempting to increase...

MMO Business Roundup: The gaming industry reacts to the Ukraine crisis

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Welcome back to another roundup of MMO and MMO-adjacent business and industry news. Ukraine: First, there's no way around the news that Russia shelled and...

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