Bootstrap Gallery
  1. Home
  2. News
Latest News News 🔥
News
Pokémon Scarlet and Violet Achieve 25 Million Units Sold
None
Aug. 2, 2024, 12:35 p.m.
News
Intel to Cut Around 15,000 Jobs Globally
Intel has unveiled plans to downsize its global workforce by approximately 15,000 employees as part of a broader strategy to trim costs by $10 billion. The move, outlined in the company's Q2 2024 financial report, is intended to 'right-size and refocus' the organization. Most of the layoffs are expected to be finalized by the end of 2024. In a memo to staff, CEO Pat Gelsinger acknowledged the sig…
Aug. 2, 2024, 10:33 a.m.
News
Nintendo's Q1 Profits Plummet 55% as Switch Console Nears End of Lifecycle
Nintendo has reported a substantial decline in sales and net profit for the first quarter of FY2025, marking the eighth year since the release of the Nintendo Switch console. The company saw declines across all segments, attributing this to a relatively quiet Q1 2025 release schedule compared to the same period last year, which saw the launch of The Legend of Zelda: Tears of the Kingdom. For the …
Aug. 2, 2024, 9:53 a.m.
News
Armor Games Studios Experiences Significant Publishing Team Reduction
A significant number of staff members from Armor Games Studios' publishing team have been let go, although the exact number is unknown. The news has been confirmed by several former colleagues through their social media and LinkedIn profiles. Ariana Perry, a former marketing manager, expressed her gratitude for the experience and colleagues she had while working at Armor Games Studios. Senior pro…
Aug. 1, 2024, 11:05 p.m.
News
Roblox Sees Significant Growth in Q2 2024 Amid CFO Transition
Roblox's Chief Financial Officer, Michael Guthrie, has announced his decision to step down. Guthrie, who has been instrumental in the company's growth since 2018 and played a pivotal role in its initial public offering in 2021, will remain in his position until a successor is appointed, after which he plans to focus on personal interests. For the quarter ending June 30, 2024, key performance in…
Aug. 1, 2024, 5:46 p.m.
News
Meta Incurs $4.5 Billion Loss in Reality Labs Division for Q2
Meta has released its Q2 earnings report, revealing a substantial loss of $4.5 billion within its Reality Labs segment, which focuses on augmented and virtual reality technologies. This marks the second consecutive quarterly loss for the division, following a $3.8 billion loss in the first quarter. Despite this, the segment saw a 28% year-over-year increase in revenue, largely attributed to stron…
Aug. 1, 2024, 2:56 p.m.
News
2weeks Secures $1.25 Million in Pre-Seed Funding
2weeks, a newly established studio, has successfully raised $1.25 million in its pre-seed funding round. This investment was led by A16Z, and as part of the deal, 2weeks will also participate in A16Z's Speedrun accelerator program. Other notable contributors to this funding round include Anorak Ventures, Blue Heron Ventures, and several prominent industry figures such as Brendan Iribe, Ben 'CohhC…
Aug. 1, 2024, 2 p.m.
News
Jan Richter Takes the Helm as CEO of Sixteen Tons Entertainment
A new era has begun at Sixteen Tons Entertainment, as founder Ralph Stock passes the torch to Jan Richter, marking a significant change in leadership. Richter's appointment comes after a four-year stint at ZeptoLab, where he most recently served as head of product and design. His extensive career, spanning nearly two decades, includes roles at notable companies such as Mighty Bear Games, Bigpoi…
Aug. 1, 2024, 9:39 a.m.
News
Whiteout Survival Reaches $1 Billion Revenue Milestone
The mobile game Whiteout Survival has successfully surpassed $1 billion in revenue, as reported by Sensor Tower's latest analysis. This milestone was achieved in just 17 months, marking a significant accomplishment for the game. Following the footsteps of Monopoly Go and Honkai: Star Rail, Whiteout Survival becomes the third mobile title of 2023 to reach this feat. Initially launched in February …
Aug. 1, 2024, 8:41 a.m.
News
Developers Share Frustrations with Apple Arcade, Citing Lengthy Process and Lack of Support
A recent report highlights the dissatisfaction among game developers who have created content for Apple Arcade, citing a range of issues. These include waiting periods of up to six months to receive payment, which has put some studios on the verge of bankruptcy. While Apple is known to offer generous advances and fair compensation, the process of securing a deal has become increasingly challengin…
July 31, 2024, 8:03 p.m.