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Sony didn’t just sunset Concord – now it’s closing Concord’s studio, Firewalk
The news just keeps getting worse for Sony's Concord: The company is closing down not just the remains of the game but its entire...
Microsoft inflates its stock price through a $60B buyback of shares in the shadow of 650 layoffs
Corporate America has once again proven itself to be the full mask-off villain it's lampooned as: After a memo found that Microsoft was preparing...
NetEase Q2 2024: NetEase’s MMOs propelled a revenue lift, but its stock dipped hard anyway
We haven't often covered NetEase's financial reports, but as the company continues to chuck out (and sunset) new multiplayer games and MMOs, it seems...
Unity begins backtracking on new runtime fees, but it hasn’t addressed indies
Yesterday, we covered Unity's surprise announcement that it was instituting a "runtime fee" that would charge developers as much as 20 cents per download...
Could an AI bot do a better job as a games company CEO than an actual human?
That headline's not an idle question: Chinese gaming company NetDragon decided to give it a try. Last August, NetDragon, which runs multiple MMOs including...
Ubisoft CEO cuts $300K out of his salary because of poor fiscal performance, takes a victory lap on hiring women
Yves Guillemot, CEO of Ubisoft, is taking the game company's lowered financial outlook personally, making the "personal decision" to remove €310,607, or about $327,000...
Activision-Blizzard wants shareholders to vote against making the company release public abuse reports
The Activision-Blizzard annual shareholders meeting is coming soon, and several proposals are up for voting. Among those proposals is a required report that outlines...
Activision-Blizzard shareholders will vote on whether to allow Microsoft’s buyout April 28
We all had to know that the process of Microsoft buying out Activision-Blizzard wasn't going to happen quickly or elegantly, and that's not even...
Treasurers of states invested in Activision-Blizzard join the call for leadership changes
In mid-November, we reported on a group of shareholders joining the calls for change at Activision-Blizzard leadership, led by the Strategic Organizing Center Investment...
Activision-Blizzard workers and industry giants join chorus calling for Bobby Kotick’s resignation
People across the gaming industry are adding to the calls for Activision-Blizzard's Bobby Kotick to resign - or be removed.
As we've been covering, earlier...
Some Activision-Blizzard shareholders join calls for Bobby Kotick’s ouster
Yesterday, the Wall Street Journal published an explosive piece that compounded the ongoing Activision-Blizzard sexual harassment and discrimination lawsuits and scandal. The Journal detailed...
Tencent, Netease hit with stock losses amid China’s gaming industry clampdown
If you've been following the gaming industry for a while, you probably remember the big "freezes" that the Chinese government placed on new game...
China now limits minors’ gaming time to three hours a week, indicates anti-monopoly policies are forthcoming
The Chinese government is introducing a significant crackdown on gaming for minors as state media has reported that children will only be allowed to...
Krafton’s IPO launch didn’t go to plan thanks to China and Tencent
Yesterday was supposed to be a huge day for Krafton, the South Korean gaming giant behind everything from TERA to PUBG, as it launched...
House financial services committee investigates Gamestonk as investors sue Reddit ‘agitator’
As promised, the US House Financial Services Committee held its hearing on Gamestonk yesterday, and to read some of the coverage, you'd think the...
Gamestonk’s gamified guerilla trading made losers of both the good and bad guys
It seems like a long time ago, but just a few weeks back, the mainstream news cycle was absolutely obsessed with Gamestop thanks to...
With some trading restrictions lifted, GameStop stock is taking off again
The GME train keeps on a rollin' here on Friday. As daytraders and retail stock-buyers have been organizing on Reddit to buy GameStop stock...
The Reddit-driven GameStop stock spike isn’t going to end well
(We're continuing to update this piece on the latest at the end!)
If I had told you last year that GameStop, the retail business that...
EA shareholders criticize ‘exorbitant’ executive pay, slam ‘payoffs for layoffs’
Over the course of June, we covered attempts by Activision-Blizzard shareholders to agitate against the company's "Say-on-Pay" policy, which critics say effectively overpays CEO...
WAPO says Activision-Blizzard execs profited from dodgy but legal stock sale
Yesterday we covered Activision-Blizzard's third quarter financial results, which were... not good. While WoW Classic drove a subscription spike and saw Blizzard's MAUs finally...
