Francaise des Jeux (FDJ), a renowned French gaming company known for its lottery products and scratch cards, has made a bold move by offering a substantial $2.8 billion takeover bid for Kindred Group, a Swedish online gaming company specializing in online casinos and sports betting. The aim of this strategic acquisition is to create a…
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Riot Games, a subsidiary of Tencent Holdings, announced plans on Monday to lay off 530 employees, which amounts to approximately 11% of the company’s global workforce. This decision comes as the digital gaming industry presents new challenges for publishers. The rising costs of games, players’ inclination towards a select few titles, and inflation have posed…
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Apple has yielded to legal and economic pressures from Epic Games and now allows app developers to use alternative payment systems. However, Apple has implemented a complex set of rules that make it difficult to utilize these alternate channels. The newly established guidelines, meticulously crafted by Apple, present significant challenges. Developers now have to seek…
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Zhihao Yao, an HCI researcher and 3D designer specializing in creating extraordinary 3D models with a painterly style reminiscent of traditional Chinese ink painting, recently experimented with the Freebird XR plugin, showcasing the results in an exciting new demonstration. For the uninitiated, Freebird XR is a practical extension that adds virtual reality (VR) features to…
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Riot Games, the renowned game developer behind League of Legends and Arcane, has recently announced a series of significant staff reductions worldwide. The decision comes as the company seeks to streamline its operations, ensuring a sustainable and successful future. Approximately 11% of the global workforce, totaling about 530 employees, will be affected by the layoffs.…
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In a recent announcement, game developer Riot Games, known for their popular game League of Legends, confirmed a company-wide restructuring and cost-saving initiative. As a result, 530 jobs will be eliminated globally, representing around 11% of the company’s workforce. The company stated, “We are focusing on fewer projects with larger impact to ensure a more…
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Riot Games, a renowned gaming company known for their flagship title League of Legends and their extensive empire of esports, music, and television, has made a significant announcement regarding their workforce. They will be reducing their staff by 11%, resulting in approximately 530 job cuts. In addition to this, the studio Riot Forge, responsible for…
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In a move that reflects the changing landscape of the gaming industry, Riot Games, the producer of the popular game League of Legends, has announced a reduction in workforce. The company has stated that it aims to concentrate on fewer but more impactful projects for a more sustainable future. This decision has resulted in the…
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In a strategic move to ensure long-term success, game developer Riot Games has announced a significant restructuring plan, resulting in the layoff of approximately 11 percent of its global workforce. Around 530 employees will lose their jobs as Riot Games refocuses its efforts on fewer, high-impact projects. CEO Dylan Jadeja stated that the company had…
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Microsoft’s recent Developer_Direct event gave gamers a sneak peek into the exciting lineup of games coming to Xbox and PC this year. Among these highly anticipated titles is the fantasy RPG, Avowed, developed by Obsidian Entertainment. In a special episode of the official Xbox podcast, the game is extensively discussed, unveiling new gameplay footage and…
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