“Everyday I walk in afraid that I or my friends are next.” Destiny 2 Bungie devs describe ‘soul-crushing’ mood after layoffs as worries of a Sony takeover mount

What you need to know A new report details the “soul-crushing” mood at Destiny 2 developer Bungie following the recent wave of layoffs that saw roughly 100 workers cut from the studio. Developers have spoken of significant cost-cutting measures, including the slashing of bonuses, benefits, and other morale-boosting programs.  Meanwhile, management is described to be […]

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UK regulator clears Microsoft takeover of Activision Blizzard

Back in January of 2022, Microsoft announced its plans to acquire Activation Blizzard in a transaction valued at $68.7 billion – the largest deal in the gaming industry. The deal didn’t exactly go as planned with regulators from the US, the EU and the UK objecting to the takeover. Microsoft managed to win a court […]

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Elon Musk Completes $44 Billion Twitter Takeover, Fires Top Executives, and Makes Himself CEO

Elon Musk has completed his $44 billion takeover of Twitter and instated himself as CEO, just hours before a court-ordered deadline to buy the business expired, according to multiple reports. In a reference to Twitter’s logo, billionaire Musk tweeted “the bird is freed,” after reportedly firing several top executives, including the chief executive, Parag Agrawal. […]

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Elon Musk says Twitter takeover is on hold but he’s still committed to the acquisition

Remember when Elon Musk announced he was buying Twitter and that bombshell then reverberated across the social network for days on end? Well, today is another interesting day in this saga, as Musk revealed that the deal is “temporarily on hold”, pending “details supporting calculation that spam/fake accounts do indeed represent less than 5% of […]

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