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Sony Pledges $3 Million to USC Games' Gerald A. Lawson Endowment
USC Games has revealed that Sony Interactive Entertainment has made a generous donation of $3 million to the Gerald A. Lawson Endowment Fund. Established in collaboration with Take-Two in 2021, this endowment seeks to promote diversity within the gaming and tech sectors by increasing the presence of Black and Indigenous individuals. The funds provided by Sony will be utilized to award over 60 sch…
Sept. 6, 2022, 3:37 p.m.
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Co-Defendant of GameStop Chairman in Insider Trading Case Found Deceased
Gustavo Arnal, the 52-year-old CFO of Bed Bath & Beyond, who was recently named in a lawsuit alleging insider trading alongside GameStop chairman Ryan Cohen, has been found dead, as reported by Business Insider. Arnal had been with Bed Bath & Beyond for two years, prior to which he held positions at notable companies including Avon, Walgreens, and Proctor & Gamble. The retailer has acknowledged h…
Sept. 6, 2022, 2:58 p.m.
News
Arcane Wins Prestigious Emmy Award for Outstanding Animated Program
Fortiche Production recently revealed that Arcane, a series based on Riot Games' League of Legends, has received an Emmy Award for Outstanding Animated Program. According to Eurogamer, this marks a milestone as the first animated streaming series to win in this category. Released on Netflix in November 2021, Arcane quickly rose to the top of the watch list in multiple countries. The production te…
Sept. 6, 2022, 2:31 p.m.
News
Long-Time PlayStation Hardware Architect Masayasu Ito Announces Retirement
Masayasu Ito, a renowned figure at Sony Interactive Entertainment, is set to retire at the end of the month. The news of his departure was initially confirmed to Bloomberg, followed by a formal announcement on the company's corporate website. Ito's last day at Sony will be October 1, 2022, marking the culmination of a distinguished career spanning decades. Having joined the company in 1986, the 6…
Sept. 6, 2022, 9:11 a.m.
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ByteDance Cuts Hundreds of Jobs in Gaming Division
It has been reported that ByteDance, the company behind TikTok, has undergone significant layoffs in its video game sector, with hundreds of employees affected. According to sources, the Shanghai-based developer Wushuang Studio has seen the majority of its staff either let go or reassigned to other departments within the company. Additionally, Hangzhou-based developer Jiangnan Studio is also expe…
Sept. 6, 2022, 8:11 a.m.
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Virtuos Expands Presence with New Co-Development Studio in the Bay Area
Virtuos, a renowned creative services company, has launched Calypte, a state-of-the-art co-development studio situated in the Bay Area. This studio represents the company's first full-service facility in North America, offering an extensive range of art, design, and engineering services. Under the leadership of seasoned director Kirsten Kennedy, who boasts over two decades of experience in produc…
Sept. 5, 2022, 3:35 p.m.
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Nintendo to Discontinue Loot Boxes in Mario Kart Tour by October
Nintendo has confirmed that it will be removing the loot box feature from Mario Kart Tour in an upcoming update. Currently, players can spend in-game currency on pipes that yield randomized rewards, including characters and karts. However, the odds of winning certain items are as low as 0.04%, and some items are only available for a limited time. In its place, Nintendo will introduce a Spotlight …
Sept. 5, 2022, 1:39 p.m.
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Microsoft Introduces Shared Xbox Game Pass Subscription in Ireland and Colombia
Following a trial period, Microsoft has officially launched a friends and family plan for Xbox Game Pass in Ireland and Colombia. This plan allows one primary user and up to four additional players to share a single Game Pass Ultimate subscription, each with their own unique profiles and accounts. The monthly cost for this plan is €21.99 in Ireland and 49,900 pesos in Colombia. Subscribers to the…
Sept. 5, 2022, 12:04 p.m.
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Snap Announces Layoffs Affecting 1,300 Employees, Puts Gaming Division on Hold
In a major restructuring effort, Snapchat's parent company Snap has laid off approximately 20% of its workforce, totaling around 1,300 employees, as part of a broader plan to reduce costs and prioritize investments. This move has resulted in the company's gaming business being put on hold, with games and mini-apps being shifted into maintenance mode with significantly reduced investment. Accordin…
Sept. 5, 2022, 10:57 a.m.
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Glen Schofield Clarifies Comments on Crunch Time at Striking Distance Studios
Glen Schofield, the CEO of Striking Distance Studios and director of the upcoming game The Callisto Protocol, has retracted his previous statements on Twitter that seemed to condone excessive overtime. In a deleted tweet, Schofield discussed the team's hard work and his own limited promotion of the game. He later posted a follow-up tweet to address the backlash. As the founder of Sledgehammer Gam…
Sept. 5, 2022, 8:34 a.m.