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Investors Angry as Activision/Blizzard CEO Is Given $200M
Earlier this week Activision/Blizzard announced that due to a change in the future plans of the company, around 50 employees had been made redundant. Primarily thought to be revolving around their eSports arm of the company, the overwhelming opinion is that they are either looking to significantly scale back that…
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Hewlett-Packard To Cut Up To 30,000 Jobs As Part Of Restructuring
Rapid expansion can have one fatal flaw, if you do not match or beat revenue expectations then you will have to eventually downsize your company. HP have found this out, or the employees to put it more accurately, have taken the brunt of another round of expected job cuts with…
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World of Warcraft Subscribers Descend To 9 Year Low
Is it me or has World of Warcraft been around forever and a day? It certainly feels that way considering the game was released way back in 2004, since then it has spawned expansions to the excitement of fans, but it seems subscription numbers are not quite what they used…
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Apple Set to Break Market Cap Record
Apple is set to break their all-time record for market capitalisation. Apple’s stock hit the $111.25 mark at the closing bell on Wednesday, with total market cap at $652 billion, edging closely to its September 2012 record of $658 billion. Apple’s crazy stock price went on a seemingly unstoppable climb…
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Investors Spend $75 million to build consumer version Oculus VR
The people behind the highly anticipated virtual reality headset known as the Oculus Rift secured a $75 million Series B round of funding led by Andreessen Horowitz, the same investment firm that was instrumental in recently helping digital currency wallet and payment processor Coinbase secure $25 million in funding. Marc…
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