Job Cuts Hit Sea Ltd’s Gaming And E-Commerce Units
On September 9th, the Singaporean technology conglomerate Sea Ltd announced it would be cutting back operations for several business units.Continue Reading
Tag: share price
Enthusiast Gaming Continues To Grow
On August 15th, Enthusiast Gaming Holdings Inc. announced the organization’s financial results for the second quarter of this year, whichContinue Reading
Unity Rejects $17.5B Offer
The board of directors at Unity Software Inc. recently rejected a $17.5 billion buyout offer from AppLovin. According to TheContinue Reading
Gfinity Launches Tournament Platform, Hires EA Veteran
On August 24th, Gfnity announced it had launched Athlos Game Technologies. This service provides clients with a tournament-based gaming platformContinue Reading
Tencent Wants To Be The Majority Shareholder Of This Gaming Company
According to sources that spoke to Reuters, Tencent is interested in expanding its stake in the French video game developerContinue Reading
EBET Forced To Make Layoffs And Move Away From Esports
According to a recent report from Sharpr, EBET, the company formerly known as Esports Technologies, was forced to make layoffsContinue Reading
Roblox Fails To Hit Estimates, Stocks Tumble
On August 9th, Roblox Corp failed to hit estimated financial projections for quarterly bookings. This caused shares in the companyContinue Reading
X1 Esports Set To Acquire Influencer Management Firm
On July 18th, X1 Esports and Entertainment announced that it had signed a definitive agreement to acquire the influencer managementContinue Reading
GameSquare’s CEO Acquires More Stock In The Company
On July 14th, Justin Kenna, the CEO of GameSquare Esports Inc., announced he had acquired 405,000 shares of common stockContinue Reading
Unity Agrees To $4.4B Merger
On July 12th, Unity Software announced it had agreed to a merger with the global software company ironSource. According toContinue Reading
FaZe Clan Goes Public
The world-famous esports brand and entertainment company FaZe Clan recently began trading stock on the Nasdaq exchange following the completionContinue Reading
X1 Esports & Entertainment Begins Public Trading
On June 29th, X1 Esports & Entertainment announced the company would begin trading shares of stock on the Canadian SecuritiesContinue Reading
Gfinity Extends Formula 1 Partnership
Gfinity recently announced that it had extended its relationship with Formula 1 for another year. Not only will Gfinity continueContinue Reading
New York City Suing Activision
Activision is facing another lawsuit… this time it’s coming from New York City! According to a recent report from Axios,Continue Reading
Strauss Zelnick Receives Contract Extension Into 2029 From Take-Two
According to a recently leaked contract extension, Strauss Zelnick will remain the CEO of Take-Two Interactive into 2029. Moreover, aContinue Reading
Garena Signs Sponsorship Deal With Retailer Casas Bahia
The video game publisher Garena recently agreed to a sponsorship with the Brazilian retail giant Casas Bahia to cover theContinue Reading
Tencent Stock Experiences Massive Bump After China Ends Game Licensing Freeze
China has finally ended its gaming license freeze that first began last summer. On April 11th, Chinese gaming regulators grantedContinue Reading
Esports Entertainment Group Inc. Stock Dropped 10.53% In A Single Month
During the last session, Esports Entertainment Group Inc. (GMBL)’s traded shares were 0.59 million, with the beta value of theContinue Reading
Reggie Fils-Aime Steps Down From GameStop’s Board Of Directors
On March 14th, it was revealed that Reggie Fils-Aime, who famously once served as the head of Nintendo America, steppedContinue Reading
A Hasbro Investor Calls For Gaming Division Spinoff And Changes To Board Of Directors
On February 17th, Alta Fox Capital Management, which owns a 2.5% stake in the toy giant Hasbro, called for aContinue Reading
Libing Wu Steps Down As CEO Of Allied Esports Entertainment Amidst Executive And Board Of Directors Shakeup
On February 18th, it was announced that Libing Wu had resigned from her role as the Chief Executive Officer ofContinue Reading
Savvy Gaming Group Purchases ESL Gaming From Modern Times Group For Over $1B
On January 24th, Modern Times Group announced that it had agreed to sell ESL Gaming to Savvy Gaming Group forContinue Reading
Good Gaming Inc. Announces Record Third Quarter, Nine-Month Year-To-Date Revenues
Good Gaming Inc. announced record 3rd quarter revenues and year-to-date (YTD) revenues as it prepares for the launch of itsContinue Reading
Sega And Microsoft Considering Partnership
On November 1st, Sega revealed that the organization had been exploring a potential strategic alliance with Microsoft. According to Reuters,Continue Reading
Engine Media Exploring Alternatives For Eden Games
Engine Media Holdings Inc. recently announced it has begun to explore strategic alternatives for the company’s subsidiary Eden Games. TheContinue Reading