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Crystal Dynamics to Discontinue Support for Marvel's Avengers
Crystal Dynamics has announced that it will be ending its support for Marvel's Avengers. This news was confirmed by the studio in a recent blog post, following a report by Exputer that had cited sources familiar with the matter. The final content update is scheduled to launch on March 31, 2023, with support officially concluding on September 30, 2023. The decision to end support was made in colla…
Jan. 23, 2023, 10:12 a.m.
News
Reed Hastings Steps Down as Netflix CEO After 25 Years
After a quarter century at the helm, Netflix co-founder Reed Hastings has relinquished his position. Hastings will transition into an executive chairman role, while Greg Peters and Ted Sarandos will jointly lead the company as co-CEOs. According to Hastings, the decision to step down was made following the duo's impressive management of the company through challenging times, including the COVID-1…
Jan. 20, 2023, 9:28 p.m.
News
Sony Expands PlayStation VR 2 Lineup with New Titles for 2023
Sony has revealed a new wave of titles set to debut in 2023 for the PlayStation VR 2, bolstering its lineup. This announcement follows the reveal of the VR headset's $550 price point and February 22 launch date, which was shared months prior. The following VR games are slated for release this year: - Before Your Eyes (developed by GoodbyeWorld Games) - Kayak VR: Mirage (created by Better Than …
Jan. 20, 2023, 8:40 p.m.
News
Bruce Straley Reconsiders Unions Due to Lack of Credit in The Last of Us HBO Adaptation
Bruce Straley, the director behind the original The Last of Us game, has expressed dissatisfaction over not being credited in the recent HBO live-action series. This omission has led him to reconsider the debate on unionization within the gaming industry. In a recent interview, Straley emphasized that the lack of acknowledgement for his role in co-creating the game's world and characters undersco…
Jan. 20, 2023, 8:02 p.m.
News
Google Announces Mass Layoffs Affecting 12,000 Employees
Google has become the latest major tech company to implement significant job cuts, following in the footsteps of Microsoft and Amazon, with plans to eliminate 12,000 positions. According to a memo sent by CEO Sundar Pichai to employees on Friday, the layoffs will commence immediately in the US, with other countries to follow, albeit at a slower pace due to varying legal and regulatory requirement…
Jan. 20, 2023, 7:08 p.m.
News
Vox Media Announces Significant Staff Reduction
Vox Media has initiated a major restructuring effort, resulting in the elimination of 130 positions, which accounts for 7% of its total workforce. This move is reportedly a response to the economic challenges facing the media and tech industries. According to a memo circulated by CEO Jim Bankoff, the company is bracing for continued financial pressures. The decision has been met with criticism fr…
Jan. 20, 2023, 6:34 p.m.
News
Riot Games Reduces Workforce by 46 Employees Amid Strategic Reorganization
Riot Games, the developer of popular titles such as Valorant and League of Legends, has become the latest gaming company to announce job cuts. The news was initially reported by esports journalist Jacob Wolf on Twitter, before being confirmed by Riot Games in a statement to Rock Paper Shotgun. According to Wolf, the affected employees were from various teams, including human resources, recruitmen…
Jan. 20, 2023, 11:52 a.m.
News
Recent Layoffs Hit GameSpot and Giant Bomb Following Fandom Acquisition
A new wave of layoffs has impacted the media industry, with GameSpot and Giant Bomb being the most recent casualties. The news broke when several staff members from both teams took to social media to announce their job loss. According to Kotaku, the layoffs were revealed during an impromptu company-wide meeting led by Perkins Miller, the CEO of Fandom, the parent company of the two sites. Sources…
Jan. 20, 2023, 11:22 a.m.
News
Nintendo Aims to Boost Switch Production in 2023
According to reports, Nintendo is gearing up to increase production of its Switch console in the upcoming fiscal year. Sources familiar with the matter have revealed to Bloomberg that the company has informed its suppliers and assembly partners of its plans to manufacture a higher number of units compared to the current financial year, although no specific target has been disclosed. This developm…
Jan. 20, 2023, 10:23 a.m.
News
Playtika Makes Bid to Acquire Rovio
Playtika has announced its intention to purchase Rovio, the creator of Angry Birds, with an all-cash offer of €9.05 per share. This offer represents a 55% increase over Rovio's closing price of €5.82 on the previous trading day. The total value of the proposed deal is approximately €751 million or $813 million. The offer is non-binding, and Playtika has stated that no agreement has been reached w…
Jan. 19, 2023, 9:34 p.m.