Industry & Business
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Splitgate Studio 1047 Games Faces Third Wave of Layoffs
Multiple employees report job losses at the developer less than a month after the launch of its new title, Empulse.
Paramount-Skydance Warner Bros. Discovery Acquisition Halted by Antitrust Lawsuit
A judge has placed a temporary pause on the deal due to concerns over federal antitrust law violations.
Hasbro Takes $56 Million Write-Down as It Pivots to Fewer, Bigger Video Games
The toy and entertainment giant is streamlining its digital strategy, focusing on core franchises and partners with proven success.
Disney Implements Major Layoffs, Pixar Particularly Affected Amidst Box Office Struggles
Hundreds of employees laid off across Disney divisions, with Pixar's animation studio seeing significant impact due to underperforming original films.
TSMC to Increase Chip Prices by Up to 15% in 2027, Cites Rising Costs
The semiconductor giant acknowledges higher margins in the memory market but opts for a more measured price hike to protect its customers.
Hasbro's Ambitious Video Game Strategy Faces Major Setback With $56 Million Write-Down
The toy giant has canceled multiple game projects and is reportedly shifting away from its previously announced focus on internally developed PC and console titles.
Nintendo Argues Tariff Refunds Not Owed to Consumers in Class-Action Lawsuit
The gaming giant claims Switch buyers received exactly what they paid for, even after price increases tied to tariffs.
Nintendo Fights Consumer Lawsuit Over Tariffs, Denies Refund Obligation
The gaming giant argues that customers who paid higher prices due to tariffs received exactly what they paid for.
Former Forza Horizon 5 Director: Xbox Game Pass Conceptually Sound But Lacked Subscribers
Mike Brown argues that while the subscription service was a noble idea, it failed to attract enough paying customers to justify its ambitious scope.