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Report: Embracer's $2 Billion Deal That Blew Up Was With Saudi Arabia


Embracer Group, the Swedish holding company that’s been buying up everything from Borderlands maker Gearbox Entertainment to the rights to The Lord of the Rings, saw its stock plummet earlier this year when a mystery $2 billion deal collapsed at the last minute. Axios now reports that the partner...

Elastos partners with Tencent Cloud & fosters Web3 innovation


Elastos recently announced a strategic partnership with Tencent Cloud. The official announcement was made on Elastos’ Twitter/X account. According to the string of tweets, the partnership will see Elastos and Tencent Cloud driving innovation across Web3. Moreover, the parties will collaborate...

Sony Won’t Share PS6 Info With Call Of Duty Devs If Owned By Microsoft


If the sale of Activision Blizzard to Microsoft for $69 billion goes through, it could have big consequences for the future of Call of Duty on PlayStation. At least that’s what Sony Interactive Entertainment CEO Jim Ryan keeps saying. In a new deposition for the current lawsuit by the Federal Trade...

Another Game Pass Day One Title Slips Into 2024


Soulslike fans, looking forward to getting their hands on Flintlock: The Siege of Dawn via Xbox Game Pass, will have to stare far further into the future. The next game from the developers of 2018's Ashen has now been delayed a full year from its previous “early 2023” release date, to an even...

League Strike Called Off After Riot, Player's Union Reach Agreement


Two weeks ago it looked like League of Legend’s North American season was going to be thrown into turmoil when the player’s union called for a strike over Riot’s plan to make cuts to the North American Challenger’s League, and Riot responded by suspending the entire LCS. After negotiations between...

What It Looks Like When A $2 Billion Gaming Deal Collapses Overnight


Embracer Group CEO Lars Wingefors looked dejected during his gaming conglomerate’s latest earnings presentation. Despite recently acquiring the gaming studios behind Deus Ex and Tomb Raider at a bargain, Dead Island 2 releasing to strong sales and good reviews, and now owning the rights to The Lord...

Fortnite Is Banning Anyone Who Uses This Game-Breaking Exploit


Fortnite is issuing bans to anyone who uses an esoteric exploit that lets players freeze time with the Kinetic Blade katana. In only the smattering of days since players discovered the “game-breaking” glitch, before Fortnite developers “temporarily disabled” the kinetic blade’s usage in tournament...

Amazon Studio Behind Hit MMO New World Working On Lord Of The Rings Next


Jeff Bezos’ evil empire isn’t done with The Lord of the Rings just yet. Following the nearly billion-dollar debacle that was the first season of The Rings of Power, Amazon is planning to launch a new MMO based on J.R.R. Tolkien’s fantasy universe. The good news is that it’s being made by...

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