Ubisoft Barcelona has laid off 51 employees following the release of Assassin’s Creed Black Flag Resynced, as the studio shifts focus exclusively to the Rainbow Six franchise.
Paradigm raised $1.2 billion for its latest fund, broadening its focus from crypto into AI and robotics to back cutting-edge technologies shaping the future.
CNN’s Brian Stelter describes internal staff reactions to the Paramount-Warner Bros. merger as varied and complex, emphasizing the organization’s ongoing stability under current leadership.
Two prominent ownership groups have emerged as frontrunners in the bid to purchase the Seahawks, with a sale potentially closing before the upcoming NFL season.
Microsoft’s Xbox team has cut many jobs and closed multiple studios, reshaping the platform’s future and leaving veteran developers and iconic brands deeply impacted.
Lyzr raised $100 million in a Series B round by leveraging its proprietary AI agent, which engaged investors, drafted key documents, and boosted investor interest to $400 million.
Axos Financial plans to acquire Arc Technologies to expand AI-driven services and enhance support for small businesses nationwide, integrating cutting-edge financial tools.
Major layoffs at Bethesda Game Studios have removed long-time developers, sparking fears that The Elder Scrolls VI will face significant delays due to loss of experienced talent and reliance on contractors.
Ollama, the largest AI platform for open models, raised $65 million in Series B funding to enhance its local and cloud-based developer tools and scale its user community.
Shenzhen-based Apple partner Luxshare raised over HK$24 billion in Hong Kong’s biggest IPO this year, debuting with shares that slipped slightly after strong investor interest.
Microsoft's Xbox layoffs drastically cut id Software’s game engine team, raising questions about the future of id Tech as Unreal Engine’s dominance accelerates in the gaming industry.
Recent restructuring under new Xbox leadership raises questions about the future of Microsoft’s gaming division amid layoffs and studio sales.