Barbie And Oppenheimer Combine For $1 Billion After Only Two Weeks
Barbie and Oppenheimer had their second weekends in theaters, and the films continued to put up massive numbers to help fuel the box office to another weekend of major success.Barbie…
Facebook (META) reports 3.03 billion monthly active users (MAUs) in Q2 2023
Facebook posted a staggering amount of Monthly Active Users in Q2 2023.
Facebook (META) Reality Labs lost $3.7 billion during Q2 2023
Facebook continued its trend of losing money on Reality Labs in its latest quarter.
Google (GOOGL) reports $7.665 billion of YouTube Q2 2023 ad revenue
YouTube ads continue to make money hand over foot for the Alphabet company.
Activision to Get Up to $4.5 Billion If Microsoft Merger Fails
Activision Blizzard will receive up to $4.5 billion compensation from Microsoft if their proposed merger deal falls through at this late stage. The new figure has emerged following today’s announcement…
PlayStation Spending Over $2 Billion on Game Research and Development
Sony Group is set to invest over $2 billion in game research and development, with a special focus on PlayStation live service games. Nikkei Asia reports that these funds will…
Government-backed Japan Investment Corp. to buy JSR semiconductor materials company for $6.3 billion
The Japanese government is making moves to secure the country's semiconductor fabrication capacity with this JSR deal.
Microsoft Admits Xbox Has ‘Lost the Console Wars’ as It Battles for $69 Billion Activision Blizzard Buyout
In its proposing findings of fact submitted on the first day of Microsoft's court battle with the FTC over the $69 billion acquisition of Activision Blizzard, Microsoft has claimed Xbox…
Embracer to Close Studios, Cancel Games, and Lay Off Staff After $2 Billion Deal Falls Through
Embracer Group has warned mass layoffs and studio closures are coming following the collapse of a $2 billion contract deal.
Disney Cancels Plans For $1 Billion Florida Expansion Amid Fight With DeSantis
Media giant Disney has canceled plans to create a $1 billion office park in Florida that the company estimated would have brought 2,000 jobs to the state amid its fight…