What’s behind the video-game layoffs? Players sticking with old favorites

What’s behind the video-game layoffs? Players sticking with old favorites

With video-game players increasingly sticking with the titles they’ve been hooked on for years, leaders in the $184 billion industry are cutting thousands of staffers and canceling riskier projects. Over 6,400 video-game workers have lost their jobs over the past two months at companies such as Microsoft Corp., Embracer Group AB and Tencent Holdings Ltd.’s … Read more

Elden Ring Mobile Version In Development, Reports Say

Elden Ring Mobile Version In Development, Reports Say

Screenshot: Bandai Namco With games like the Resident Evil 4 remake and Death Stranding becoming playable on iPhones, it seems like just about anything can be a mobile game these days. Even Elden Ring, developer FromSoftware’s 2022 open-world RPG, could be coming to phones. At least that’s according to a recent report from news outlet … Read more

Hong Kong’s IPO Drought Casts Pall Over Region’s Businesses

Hong Kong’s IPO Drought Casts Pall Over Region’s Businesses

Updated Jan. 3, 2024 6:23 am ET A dearth of initial public offerings in Hong Kong is causing companies to suffer cash crunches and put off expansion plans, showing how the steep market downturn is taking a toll on businesses that need to raise money.  The Asian financial hub was for years the top international … Read more