Though Apex Legends continues to be a bright spot for EA, the game publisher and the industry as a whole still have hurdles ahead. Today, EA confirmed that it laid off 350 people in marketing, publishing and other departments. Kotaku obtained an email sent to employees by EA CEO Andrew Wilson, which said that the […]
View More EA lays off 350 peopleCategory: Electronic Arts
Epic Games CEO says Apex Legends hasn’t made a dent in Fortnite
In the wake of Apex Legends, which has briskly grown to 50 million players, many have wondered whether Fortnite has felt the impact. But Epic Games CEO Tim Sweeney told GamesBeat that Apex hasn’t really made a dent. Without being asked about Apex Legends, Sweeney said “an Apex Legends worth” of players have come over […]
View More Epic Games CEO says Apex Legends hasn’t made a dent in FortniteTesla’s top attorney leaves after two months on job due to ‘poor cultural fit’
Tesla’s general counsel, a veteran trial lawyer, has been replaced with a company insider just two months after taking the post. Dane Butswinkas, who was named Tesla general counsel in December, is leaving the company, Tesla confirmed. Jonathan Chang, who was most recently vice president of legal at Tesla, has taken over the general counsel position. […]
View More Tesla’s top attorney leaves after two months on job due to ‘poor cultural fit’FabFitFun raises $80 million for its growing lifestyle brand
Nine years after launching its online magazine, and three years after diversifying into the subscription box business, FabFitFun has raised $80 million in a growth round of funding led by Kleiner Perkins with participation from its previous investors Upfront Ventures and NEA. The Los Angeles-based company has steadily expanded its retail and lifestyle empire through […]
View More FabFitFun raises $80 million for its growing lifestyle brand‘Anthem’ gets off to a rocky start as EA’s ‘VIP Demo’ weekend falls apart
Anthem looks like a promising step in a new direction for BioWare, the studio behind Dragon Age and Mass Effect. But it’s not there yet, clearly.
Publisher Electronic Arts picked the final weekend in January to serve as the timeframe for Anthem’s “VI…
BioWare’s ambitious Anthem is off to a rough start as players bring servers to their knees
The gaming world is excited to play Anthem, BioWare’s answer to Destiny and other big-budget online shooters — but an exclusive preview weekend for the mech-flying game has struggled to get off the ground. Of course, it wouldn’t be a game launch these days without a few hiccups to spice things up, but it is a little embarrassing.
View More BioWare’s ambitious Anthem is off to a rough start as players bring servers to their kneesConnecting African software developers with top tech companies nets Andela $100 million
Andela, the company that connects Africa’s top software developers with technology companies from the U.S. and around the world, has raised $100 million in a new round of funding. The new financing from Generation Investment Management (the investment fund co-founded by former Vice President Al Gore) puts the valuation of the company at somewhere between […]
View More Connecting African software developers with top tech companies nets Andela $100 millionVideo game revenue tops $43 billion in 2018, an 18% jump from 2017
Video game revenue in 2018 reached a new peak of $43.8 billion, up 18 percent from the previous years, surpassing the projected total global box office for the film industry, according to new data released by the Entertainment Software Association and The NPD Group. Preliminary indicators for global box office revenues published at the end […]
View More Video game revenue tops $43 billion in 2018, an 18% jump from 2017Consolidation is coming to gaming, and Jam City raises $145 million to capitalize on it
A slew of banks are coming together to back a new roll-up strategy for the Los Angeles-based mobile gaming studio, Jam City and giving the company $145 million in new funding to carry that out. There’s no word on whether the new money is in equity or debt, but what is certain is that JPMorgan Chase […]
View More Consolidation is coming to gaming, and Jam City raises $145 million to capitalize on itApple plans major US expansion including a new $1 billion campus in Austin
Apple has announced a major expansion that will see it open a new campus in North Austin and open new offices in Seattle, San Diego and Los Angeles as it bids to increase its workforce in the U.S. The firm said it intends also to significantly expand its presence in Pittsburgh, New York and Boulder, Colorado […]
View More Apple plans major US expansion including a new $1 billion campus in AustinJam City is setting up a Toronto shop by buying Bingo Pop from Uken Games
The Los Angeles game development studio Jam City is setting up a shop in Toronto with the acquisition of Bingo Pop from Uken Games. Terms of the deal weren’t disclosed. The deal is part of a broader effort to expand the Jam City portfolio of games and geographic footprint. In recent months the company has inked agreements […]
View More Jam City is setting up a Toronto shop by buying Bingo Pop from Uken GamesFabFitFun surpasses $200 million in revenue as it hits million-subscriber milestone
At least one million people will be receiving the next FabFitFun box as the Los Angeles company surpasses $200 million in revenue and continues its run as one of the startups to watch in the Los Angeles tech community. As it renews its focus on media — doubling down on new programming in a bid […]
View More FabFitFun surpasses $200 million in revenue as it hits million-subscriber milestone