Industry & Business

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Industry & Business

Chinese Memory Maker CXMT Gains Significant Market Share Amid Global Shortage

CXMT's rapid expansion and public offering suggest a growing challenge to established players like Samsung, SK Hynix, and Micron in the crucial memory market.

Industry & Business

Candy Crush Developer King Rejects Union Demands

Company cites its current benefits and operating model as reasons for declining a collective bargaining agreement with Swedish trade unions.

Industry & Business

EA Faces Potential Layoffs as $700 Million Cost-Cutting Plan Looms After Acquisition

The video game giant is reportedly targeting significant annual cost reductions to manage debt from its recent leveraged buyout.

Industry & Business

AMD's Data Center Revenue Surpasses Gaming by Over 8x in Record Quarter

The chipmaker reported record-breaking Q2 revenue driven by strong demand in the data center segment, while its gaming division saw a year-over-year dip.

Industry & Business

PC Cooling Company Arctic Pledges to Pass US Tariff Refunds to Customers

Arctic will use tariff refunds to lower product prices, contrasting with the approaches of Nintendo and Sony.

Industry & Business

Disney+ to Integrate User-Generated TikTok Content Amidst Streaming Strategy Shifts

The platform will feature 'Verts,' short-form vertical videos from TikTok creators, in a new partnership aimed at fostering fan engagement and diversifying content.

Industry & Business

Twin Engine and Bandai Forge Multi-Billion Yen Partnership to Create New Anime IPs

The strategic alliance aims to co-create original manga and anime with integrated merchandise development, signaling a shift in the Japanese entertainment industry.

Industry & Business

Quantic Dream Union Calls for Strike Amidst Layoff Negotiations

The French STJV union has initiated an open-ended strike, demanding an extension and more substantial considerations in layoff negotiations affecting approximately 115 workers following the cancellation of Spellcasters Chronicles.

Industry & Business

Electronic Arts Acquired by Consortium Led by Saudi PIF, Affinity Partners, and Silver Lake

The acquisition marks a significant shift for the gaming giant, now privately owned and facing considerable debt.