Author: Tim Rogers
Sony recently announced layoffs affecting around 900 employees in its PlayStation division, representing 8% of the global workforce. The company is also closing its London Studio in the U.K. PlayStation chief Jim Ryan stated, “After careful consideration and discussions, changes are necessary to ensure the growth of the business and the company’s development for the future. We are focused on delivering the best experiences for our community while ensuring long-term sustainability.” In a separate post, PlayStation Studios head Hermen Hulst revealed that studios like Insomniac Games, Naughty Dog, Guerrilla, and Firesprite will be affected by the cuts, impacting employees across…
Sony Interactive Entertainment Sony Interactive Entertainment has announced significant layoffs in 2024, with about 900 employees across multiple studios being let go. PlayStation’s London Studio will be shut down as a result of these cuts. In a blog post, departing Sony Interactive Entertainment President and CEO Jim Ryan stated that these layoffs represent approximately 8% of PlayStation’s workforce. Ryan explained, “The leadership team and I made the incredibly difficult decision to restructure operations, which regrettably includes a reduction in our workforce impacting very talented individuals who have contributed to our success.” Sony has confirmed that these cuts will affect several…
Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here. The Pokémon Company announced Pokémon Legends Z-A during today’s Pokémon Presents. This is a follow up to 2022’s Pokémon Legends: Arceus, a Switch game that streamlined the franchise’s mechanics and introduced it to an open world format. Legends ZA is coming in 2025. It is possible that it debuts on the console’s successor (which is rumored to release early next year). This new game will take place in the same Paris-based location as Pokémon X and Y,…
In the world of Dota 2 Esports, buyout contracts and transfer fees are not uncommon, especially for exceptionally talented players. Wang “Ame” Chunyu is a rare exception in the Chinese professional scene, as his skill has warranted a contract buyout fee, showcasing his legendary status among his peers. Wang “Ame” Chunyu (Image credit: EPICENTER XL) Speculation on Ame’s Transfer Fee The discussion around Ame’s contract buyout price gained attention after talks about a million-dollar buyout for Matthew “Ari” Walker by Team OG. Dota 2 veterans Lu “Somnus” Yao and Yang “Chalice” Shenyi speculated on the transfer fee Xtreme Gaming might…
The construction sector is known for its slow embrace of technology. However, a new venture capital firm, funded by major construction companies, aims to change that narrative. Zacua Ventures has launched a $56 million fund targeting early-stage construction technology startups, with backing from 19 industry giants such as Procore, Volvo, and Cemex. The firm was founded in 2022 by Vivin Hegde, Mauricio Tessi Weiss, and Juan Nieto, all with backgrounds in the construction industry. Tessi Weiss, representing the European Union and Latin America for Zacua, acknowledges the fragmented adoption of technology in the construction industry due to the dominance of…
In 2024, the cost of using an analog camera, buying film, and developing pictures can be expensive. However, a startup called Lapse is offering smartphone users a modern twist on the nostalgic process. Users take pictures and wait for them to be “developed” before sharing them with a select group of friends. Lapse has gained popularity in the market, boasting millions of users and capturing 100 million photos each month. The startup recently announced a new funding round of $30 million to further its ambitions. Greylock and DST Global Partners co-led the round, with previous backers also participating. This brings…
Lenovo The Lenovo Annual Sale is currently offering a $400 discount on the Lenovo Legion Tower 5 Gen 8, bringing the price down from an estimated value of $1,270 to just $870. To take advantage of this great deal, it’s recommended to act quickly as the availability and discount may not last long. Reasons to Buy the Lenovo Legion Tower 5 Gaming PC The Lenovo Legion Tower 5 Gen 8 is recognized as the top entry-level option in our list of the best starter gaming PCs due to its Nvidia GeForce RTX 3050 graphics card, which is ideal for running…
Although GenAI has its shortcomings, it excels in surfacing answers from vast pools of data. Introducing Glean, a software developed by Arvind Jain, co-founder of Rubrik, that connects to enterprise databases to interpret plain-English requests from employees, similar to a custom ChatGPT. Jain was inspired to create Glean after noticing that employees at Rubrik and other companies struggled to access the information needed for their job tasks. A recent survey by Gartner revealed that 47% of desk workers face challenges in finding relevant data for their work, with the increasing number of apps they manage exacerbating the issue. Initially launched…
Andy Boxall / Digital Trends Rumors of the demise of the Nokia phone name are untrue, and HMD Global, the licensee of the Nokia brand, has confirmed that more phones will be released. This news will surely delight fans of one of the most established names in mobile technology. During a conversation with Adam Ferguson, HMD Global’s head of product marketing, at MWC 2024, Digital Trends clarified the situation amid the company’s announcement of efforts under the Nokia name. An Enduring Legacy Andy Boxall / Digital Trends “Nokia is a crucial part of our future,” Ferguson stated. “There is a…
Heading to Pocket Gamer Connects San Francisco next month is Eugene Evans, the SVP of digital strategy and licensing at Hasbro and Wizards of the Coast. He will be discussing strategies for maximizing the potential of intellectual property in the gaming industry. The event is set to take place on March 18th to 19th and will include a lineup of insightful sessions, roundtable discussions on current industry trends, networking opportunities such as Publisher SpeedMatch, Investor Connector, and more. Attendees can also look forward to the Journalist Bar, the Very Big Indie Pitch, and other engaging activities. Evans will be hosting…