Gaming Indsutry

Epic Games CEO Tim Sweeney declared the company "financially sound" during a presentation at Unreal Fest 2024. This statement comes after a tumultuous period marked by significant layoffs and strategic divestitures. The Layoffs And Strategic Shifts In September 2023, Tencent ADR (OTC:TCEHY) backed...

Embracer Group AB (OTC: THQQF) has undergone a significant restructuring. What Happened: The Swedish video game and media holding company reduced 8% of the global workforce — the equivalent of 1,387 employees since June. This reduction accounts for 904 job cuts in the second quarter and an...