…2 VIEW GALLERY - 2 IMAGES The email reveals that Sony Interactive Entertainment (SIE), the parent company of PlayStation, has decided to sunset the PSN and PlayStation Network branding in favor of something…
…As for what this means for the future of Meta, it's not a stretch to see how this could lead to further mass layoffs at the company, with employees essentially 'training…
…SpaceX plans an IPO valuing the company around $1.75 trillion, despite a $4.9 billion loss in 2025 on $18.7 billion revenue. Capital spending rose to $20.7 billion, focusing…
…2 VIEW GALLERY - 2 IMAGES T-Head, the Alibaba-owned semiconductor company, recently held its Q3 2026 earnings call, during which CEO Yongming Wu said the company has produced nearly 470,000…
…are being used to justify layoffs while AI itself is simultaneously being used for more widespread tasks, potentially reducing the need for so many workers. Even companies like Take-Two Interactive are…
…Records show that the company's headcount has been reduced by 1,200 people, coinciding with major layoffs and the recent reorganizations within the Creative Houses. Ubisoft also recently also cancelled multiple…
…The company claimed that its laptops were shipped with the AMD Ryzen 5 7430U, as indicated by the label clearly visible on the laptop and in the marketing material. However, the laptops…
…4 VIEW GALLERY - 4 IMAGES The latest FY2025 earnings report from CD Projekt outlines some ambitious profit targets that the company hopes to achieve. The growth targets are quite substantial, and the…
…redefining the roles of F2P and full games," and it's possible the company could hold more layoffs or conduct more cost-cutting measures as a result of these plans. "First, as…
…Ubisoft is far from its glory days, and in recent years, the company has faced everything from repeated layoffs and game cancellations to studio closures and even a crumbling share price . Despite…