Tag: ubisoft
More Ubisoft Layoffs + Meta Shuts Down VR Studios | Kurt & Lucy Gotcha Covered
This week Kurt and Lucy gotcha covered with their thoughts on Meta shutting down 3 VR Studios, Ubisoft Layoffs at Massive Entertainment, what games to check out from the Steam Detective Fest sale, and more. By Lucy James , Jean-Luc Seipke , and Kurt Indovina on January 17, 2026 at 9:00AM PST Email your letters
Ubisoft proposes layoffs at Massive Entertainment and Ubisoft Stockholm
Chris Kerr , Senior Editor, News , GameDeveloper.com January 13, 2026 2 Min Read Ubisoft intends to make 55 people redundant at its Swedish studios Massive Entertainment and Ubisoft Stockholm. The French publisher confirmed the news in a statement to IGN and said the proposed restructure follows the completion of a voluntary redundancy program that
Ubisoft laying off 55 roles at Massive and Ubisoft Stockholm as cost-cutting continues
Follows completion of voluntary redundancy process announced last year; work continues on The Division 3 Ubisoft has announced staff cuts at its Swedish studios, with 55 jobs expected to be lost at Massive Entertainment and Ubisoft Stockholm. The news follows the announcement of a voluntary redundancy program in 2025, which GamesIndustry.biz understands had some takeup
Ubisoft and Netflix greenlight Assassin’s Creed live-action series
Diego Argüello , Contributing Editor, News , GameDeveloper.com July 17, 2025 2 Min Read Image via Ubisoft / Netflix Five years after Ubisoft announced its partnership with streaming service Netflix, the two companies have greenlit an Assassin's Creed live-action series. This is set to be the first live-action streaming series based on Ubisoft's properties. It's
Ubisoft launches new business for Assassin’s Creed and other big IPs, with €1.16bn Tencent investment
Calls move a "new chapter" for the company. Image credit: Eurogamer/Ubisoft Ubisoft has launched a new subsidiary dedicated to its big three IPs - Assassin's Creed, Rainbow Six, and Far Cry - in a move CEO Yves Guillemot has called a "new chapter" for the publisher. Chinese conglomerate Tencent holds a minority stake in the
Ubisoft broke The Division 2 while working to update The Division 2
Massive Entertainment is working to get The Division 2's build system back online so it can be properly updated before its new season starts.Massive Entertainment is currently bricked from updating Tom Clancy's The Division 2. Through Twitter, the Ubisoft subsidiary confirmed it's presently unable to provide fixes for its online game ahead of its incoming season, at least until it
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strategy
Strategy Swings to $8.2B Loss as Bitcoin Slump Weighs on Holdings
Strategy reported a net loss of US$8.22 billion for the second quarter, against net income of US$10.02 billion a year earlier, in results filed after the US close on Thursday. An unrealised loss of US$8.32 billion on its Bitcoin drove the swing, compared with a US$14.05 billion gain in the same quarter of 2025. Company
Gwalior
Gwalior Telecom Manufacturing Zone to attract ₹12,000 crore investment: Scindia
In this image posted on July 30, 2026, Union Communications Minister Jyotiraditya Scindia and Madhya Pradesh Chief Minister Mohan Yadav after signing an MoU between the Department of Telecommunications (DoT) and the Madhya Pradesh government for setting up India's first Telecom Manufacturing Zone (TMZ) in Gwalior, in New Delhi. | Photo Credit: Via PTI Photo
Spending
Big Tech AI spending spree tops $1tn
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awareness
Situational Awareness fund’s $16B liquidation prompts Wall Street to bet AI trade has bottomed
A 24-year-old former OpenAI researcher just became Wall Street’s most expensive cautionary tale. Leopold Aschenbrenner’s Situational Awareness LP hedge fund sold its entire public equity portfolio, roughly $16 billion worth of AI stocks, to Citadel in a single block trade this month after its leveraged bets cratered. From moonshot to meltdown Situational Awareness launched in
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Strategy Posts $8.22B Q2 Loss as Bitcoin Holdings Climb to 843,775 BTC
TLDR: Strategy posted an $8.22 billion net loss in Q2 2026 from bitcoin fair value changes. Bitcoin holdings reached 843,775 BTC as of July 26, up 25% year to date in 2026. Convertible debt fell to $6.71 billion after Strategy repurchased notes at a discount. USD Reserve grew to $3.75 billion...