Latest Activision Blizzard Inc News
Electronic Arts cutting about 5% of workforce with layoffs ongoing in gaming and tech sector
Electronic Arts is cutting about 5% of its workforce, or approximately 670 employees, as layoffs in the technology and gaming sector continue after a surge of hiring in recent years. The video game maker said in a regulatory filing that its board approved a restructuring plan that...
Sony to cut about 900 jobs in its PlayStation unit as layoffs in technology, gaming sector continue
Sony will cut about 900 jobs in its PlayStation division, or about 8% of its global workforce, becoming the latest company in the technology and gaming sector to announce layoffs. Sony cited changes in the industry as a reason for the restructuring. “The industry...
Microsoft is making 4 exclusive Xbox video games available to rival consoles
NEW YORK (AP) — Several exclusive Xbox games will be soon making their way to rival consoles, the video gaming brand and its parent company, Microsoft, announced Thursday. In a special edition of the Official Xbox Podcast, Microsoft Gaming CEO Phil Spencer confirmed that four Xbox...
Microsoft profit soars 33% on AI, cloud-computing investments
SAN FRANCISCO (AP) — Microsoft Corp. said Tuesday that its profit for the October-December quarter soared 33%, powered by its significant investments in artificial intelligence technology. The company said that increase largely reflected growth in its cloud-computing unit, where Microsoft focuses...
