ByteDance is cutting hundreds of jobs in its gaming division, a person familiar with the matter told CNBC. It marks a significant retreat from a segment the Chinese tech giant has invested billions of ...
Aristocrat stock slipped as much as 2.9% to A$67.720 by 0050 GMT, compared with a 0.3% drop in the benchmark (.AXJO), opens new tab index. It was on track for its worst session since Sept. 25. Sign up ...
Tencent beat second-quarter top and bottom line estimates as growth in its key gaming division accelerated. Investors have rewarded the company so far, with shares up around 27% this year. That's in ...
Microsoft on Friday put out word that Xbox stalwart Phil Spencer is retiring, in a shakeup of leadership at the tech titan's video game unit.Spencer headed the Xbox unit for 12 of his 38 years at ...
650 employees at Xbox’s games unit will be let go in Microsoft’s third round of layoffs this year, Bloomberg reported first. The cuts arrive following the company’s $69 billion USD acquisition of ...
Chinese internet and gaming company NetEase (NASDAQ:NTES) posted a profit and revenue beat in its first-quarter earnings report, as growth in its core games unit saw a double-digit percentage rise, ...