Chinese Government Lightens Restrictions On Two Massive Companies
On September 13th, China’s National Press and Publication Administration approved a new batch of online games in the country. And,Continue Reading
Tag: Stock
Tencent Now Owns Almost Half Of Ubisoft’s Holding Company
Tencent is once again making a major splash in the gaming space. This comes after a report from Reuters indicatedContinue Reading
The Pokémon Company Is Suing Six Chinese Businesses
It seems that Pokémon has a legal battle on its hands. This comes after The Pokémon Company filed lawsuits againstContinue Reading
DRX Could Soon Make History In Korea
The South Korean professional esports organization DRX is ready to make history as it looks to become the first esportsContinue Reading
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
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
Mobile Global Esports Unveils Compression Technology Partnership
On August 10th, Mobile Global Esports Inc. announced a joint product development partnership that features EVE encoding. This proprietary compressionContinue Reading
CMGE Ventures Joins The Gaming Scene
Recently, CMGE Ventures announced it had completed its investment in Continents Sport, which means that it now controls 51% ofContinue Reading
X1 Esports Closes Two Acquisitions
In early August, X1 Esports & Entertainment announced it had closed the previously announced acquisition of Tyrus LLC, a contentContinue 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
One Of The World’s Most Popular Games Was Just Banned In Its Most Lucrative Market
On July 29th, sources that spoke with Reuters said the Indian government banned the hit game Battlegrounds Mobile India dueContinue Reading
Is Motion Simulation The Next Evolution In Gaming Chairs?
According to Game Rant, D-BOX Technologies recently filed a patent that would change the gaming chair market forever. This patentContinue 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
Office Hours: FaZe Clan Goes Public
In this episode (257) of Office Hours, with our host William “The Professor” Collis, we discuss FaZe Clan going publicContinue 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
CD Projekt Stock Has Plummeted Since Botched Cyberpunk 2077 Release
A new report from Business Insider Poland revealed that CD Projekt’s value has tanked by over 75% since just beforeContinue 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
Things Are Not Going Well At GameStop
It sounds like there’s trouble brewing at GameStop. And, no… we’re not talking about the store at your local mall.Continue 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
What Company Received A $1B Investment From Saudi Arabia?
Saudi Arabia is once again making a massive investment in the video game industry. The Saudi Arabian Public Investment FundContinue Reading
React Gaming Gets Approval To Re-Price Warrants
React Gaming Group Inc. received approval from TSX Venture Exchange to amend the exercise price of the existing common shareContinue Reading
Animoca Brands Continues To Be A Force In The Gaming Industry Following Latest Acquisitions
Animoca Brands recently acquired Notre Game s.r.o and Darewise Entertainment. Animoca will work with Notre Game to bring its newContinue 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