VENN Furloughing Staff And Planning To Cut Down On Content Creation
It was recently revealed that VENN would be furloughing almost half its workforce. According to Dot Esports, the company employedContinue Reading
Category: Profit’s Takes
The Profit of Esport’s takes on esports and gaming news.
99math Secures $1M From Investors
99math recently announced the company raised $1 million in funding. The education-technology firm, which aims to make math fun, willContinue Reading
New Organization Within Facebook Reality Labs Is Making A Big Move Into The Metaverse
Facebook Reality Labs recently launched a new group within its organization that will focus on building out the company’s metaverse.Continue Reading
BMW Reveals Company’s Brand New Gaming Chair
BMW recently announced the company will be launching a chair for gamers. The brand new chair has been dubbed “TheContinue Reading
Reports: Google Considered Buying “Some Or All” Of Epic Games
According to a court filing discovered by The Verge, at one time, Google considered buying Epic Games when the twoContinue Reading
100 Thieves Unveils Collaboration With Gucci
100 Thieves recently announced it agreed to a partnership deal with the luxury brand Gucci. As a result, the twoContinue Reading
Gamers Are Worried About Google’s “Pay-For-Engagement” Model
An article was recently published on Yahoo! News entitled “Gaming insiders spooked by pay-for-engagement plans”. In this piece, Stephen TotiloContinue Reading
IKEA Making Several Moves To Enter The World Of Gaming
An article was recently published on Game Rant entitled “IKEA’s Various Video game Crossovers”. In this piece, Martin Docherty highlightsContinue Reading
Tencent Plans To Use Facial-Recognition Software To Stop Minors From Gaming Late At Night
Gaming giant Tencent recently announced it will begin using facial recognition software to prevent Chinese minors from playing video gamesContinue Reading
Fnatic Raises $17M In Latest Round Of Funding
Fnatic recently announced the company secured $17 million in the organization’s most recent round of funding. This money will beContinue Reading
Riot Expands Investment In Chinese Esports Ecosystem With Plans To Open A Studio In Shanghai
Riot Games is reportedly planning on opening a new video game development studio in Shanghai, China. This comes after Riot’sContinue Reading
Ariana Grande Teams Up With “Fortnite” For “Rift Tour” Concert Series And In-Game Activations
Epic Games recently announced Ariana Grande would be the headlining performer for the Fortnite Rift Tour concert series. This comesContinue Reading
Reports: LCS Agrees To Seven-Year Partnership With FTX
Riot Games’ League of Legends Championship Series (LCS) has reportedly agreed to a seven-year partnership with FTX. As a resultContinue Reading
CAG’s Parth Das Plans On Investing $100M Into Online Gaming
Angel investor Parth Das recently announced plans to invest $100 million into the online gaming space both in and outsideContinue Reading
Tencent Plans More Gaming Restrictions For Minors After Release Of “Spiritual Opium” Article
On August 3rd, Tencent announced it would be making greater efforts to curb minors’ access to video games. This newsContinue Reading
Xbox Partners With Krispy Kreme For Limited-Edition Donuts
Krispy Kreme recently unveiled a partnership with Xbox. As a result of this deal, Krispy Kreme will be producing Xbox-themedContinue Reading
35,000 Gamers Pledge $203M To Purchase Virtual Land In “Ember Sword”
On August 4th, 35,000 gamers collectively pledged more than $203 million to buy virtual land in the online world ofContinue Reading
Rumors Of OWL Hiatus Swirl As More Companies Reassess Their Partnerships With The League
Kellogg recently announced it will no longer advertise its products in The Overwatch League. This comes after Coca-Cola, Kellogg, StateContinue Reading
Peloton Enters The World Of Esports With Video Game
On July 19th, Peloton unveiled a new video game for the company’s patented brand of exercise bikes. Lanebreak was reportedlyContinue Reading
EA Executive Thinks “Gamer” Label Has Become An Outdated Term
Elle McCarthy is the Vice President of Brands at Electronic Arts Inc. She recently sat down with Adweek‘s Julian GamboaContinue Reading
Dell Stops Shipping Certain Gaming PCs To Six U.S. States Due To Energy Regulation Policies
On July 28th, computer manufacturer Dell Technologies Inc. announced it would stop shipping some versions of PC gaming systems toContinue Reading
McLaren Racing Opens UK-Based Gaming Venue
McLaren Racing recently opened an esports facility for the organization’s gaming team the McLaren Shadow. The McLaren Shadow Studio willContinue Reading
Cedar Fair Entertainment Co. Planning To Build $28M Esports Venue In Northwestern Ohio
Amusement park operator Cedar Fair Entertainment Company recently announced it was partnering with Esports Development Co. This deal will seeContinue Reading
Senator Chuck Schumer Trying To Promote Investments Into Gaming Industry
On June 1st, U.S. Senate Majority Leader Chuck Schumer toured Velan Studios in the New York state capital region. ThisContinue Reading
T-Mobile Branding Removed From CDL And OWL
T-Mobile’s branding is no longer available to find on the Overwatch League and Call of Duty League websites. This comesContinue Reading
The University Of Texas Is Looking To Build An Esports Arena
James Buckley, the University of Texas’ director of facilities and operations, recently hinted at the possibility of the school constructingContinue Reading
Microsoft Hosts Excel Esports Tournament
On June 8th, Microsoft hosted one of the world’s first Excel esports tournaments. The competition saw eight competitors face offContinue Reading
FBI To Launch Unit To Combat Esports Corruption
The Federal Bureau of Investigation (FBI) recently announced plans to launch a unit to help combat cheating and corruption inContinue Reading