Industry & Business

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Industry & Business

IBM Shares Tumble 25% Following CEO's Admission of Slow AI Adaptation

Arvind Krishna cited a faster-than-expected industry shift away from software spending towards data center infrastructure as a key factor in the company's performance.

Industry & Business

Compulsion Games Seeks New Partnerships After Xbox Restructuring

The studio behind 'South of Midnight' is actively pursuing collaborations following its spin-off from Xbox.

Industry & Business

Ubisoft Barcelona Workers Strike Over Layoffs Amidst Black Flag Remake Success

The union is demanding the cancellation of 51 proposed layoffs, a return to remote work policies, and promised raises.

Industry & Business

George Lucas Heralds AI as 'The Future' of Filmmaking, Drawing Parallels to the Automobile

The Star Wars creator argues that embracing artificial intelligence is inevitable progress, likening resistance to clinging to horse-drawn carriages.

Industry & Business

Ubisoft Barcelona Developers Strike Over Post-Release Layoffs Following Assassin's Creed Resynced

Union protests target planned layoffs of 51 staff at the studio responsible for key aspects of the recent remake.

Industry & Business

Delayed Next-Gen Consoles Could Be Beneficial, Says "The Blood of Dawnwalker" Director

Konrad Tomaszkiewicz suggests that a postponed console generation might ease development burdens for studios amid rising hardware costs.

Industry & Business

Sony Faces Antitrust Complaint in Mexico Over Planned End of PlayStation Disc Manufacturing

Mexican lawmakers contend the move to a digital-only future for PlayStation games would stifle competition and harm consumers.

Industry & Business

George Lucas Criticizes Focus Groups, Says They Lead to Audience-Driven Films

The Star Wars creator believes Hollywood studios misunderstand audience feedback, leading to movies dictated by fan preferences rather than directorial vision.

Industry & Business

12 US States Sue to Block Paramount-Skydance Merger, Citing Antitrust Concerns

Attorneys general argue the proposed acquisition would stifle competition, harm consumers, and disrupt the film market.