GAMES

BioWare Announces Layoffs as Studio Adapts for Future Projects

August 23, 2023

News Desk

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BioWare, an Electronic Arts (EA) studio known for its story-driven single-player games, is undergoing a workforce reduction of 50 employees. In a blog post, BioWare's general manager, Gary McKay, outlined the necessity for this reorganization as the studio reevaluates its development approach. McKay emphasized that this adjustment is crucial to meet the demands of upcoming […]

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ACQUISITIONS

OpenAI acquires Global Illumination

August 23, 2023

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OpenAI acquires digital products company Global Illumination for undisclosed price

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ACQUISITIONS

Behaviour Interactive Expands with Acquisition of Dutch Developer Codeglue

August 23, 2023

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Leading Canadian Developer Continues Global Expansion as Dutch Studio Marks Third European Investment in Last Six Months

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ENTERTAINMENT

Los Angeles Welcomes WORKPRODUCT – A Novel Production Studio

August 23, 2023

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WORKPRODUCT is create a diverse spectrum talent for its boutique VFX and Animation Studio with live-action directors, and sound experts from across the globe.

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ENTERTAINMENT

Hasbro Launches New Entertainment Division Following eOne Sale

August 23, 2023

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Hasbro Inc. has unveiled a fresh entertainment division, just weeks after the $500 million sale of its eOne television and movie business to Lionsgate.

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GAMES

Qualcomm’s latest Snapdragon announces G Series chips for mobile and cloud gaming

August 23, 2023

News Desk

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Qualcomm's latest Snapdragon G Series chips are focused on handheld and mobile gaming and include the Snapdragon G3x Gen 2, Snapdragon G2 Gen 1, and Snapdragon G1 Gen 1.

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GAMES

Irish video game studio Vela Games announces major job cuts

August 23, 2023

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Irish video game studio Vela Games has announced significant job cuts due to financial underperformance. The Dublin-based company, established in 2017, is believed to have employed around 60 to 65 staff members, with approximately 50 individuals facing layoffs according to the Financial Services Union. The studio released its first multiplayer competitive game, Evercore Heroes, last […]

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FINANCIALS

Arm Holdings Initiates IPO Process on Nasdaq: A Step Towards Chip Shipment Milestone

August 22, 2023

News Desk

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Leading microprocessor design company Arm Holdings, a subsidiary of SoftBank Group, has taken a significant step towards its anticipated initial public offering (IPO) by submitting a Form F-1 registration statement to the U.S. Securities and Exchange Commission.

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