Poor Intel. Last year was pretty rough for the 55-year-old semiconductor firm, as it accrued just $54.2 billion in revenue, 14% less than the year before. After paying… Continue reading
Tag: Billion
A couple months removed from 2023, Epic Games have now released their year-in-review, revealing a bunch of interesting statistics pertaining to the Epic Games Store. Despite slow growth… Continue reading
The world’s biggest mod site pops the cork on 10 billion downloads and $7 million-worth of payouts: ‘If every download were a footstep, you could walk to the Moon 11 times’
Nexus Mods, the world’s largest mod site and almost certainly a bookmark in your browser if you’ve ever wanted to fiddle with Skyrim, obliterate yourself in Fallout, or… Continue reading
Disney buy $1.5 billion stake in Fortnite publisher Epic, announce new “games and entertainment universe”
Disney are taking out a $1.5 billion minority equity stake in Fortnite publisher Epic Games, and have announced “an all-new games and entertainment universe that will further… Continue reading
Disney has announced a $1.5 billion investment into Epic Games as part of a new partnership to create an “open games and entertainment universe” in Fortnite. “Our exciting… Continue reading
Belarusian National Linked to BTC-e Faces 25 Years for $4 Billion Crypto Money Laundering
Feb 05, 2024NewsroomCryptocurrency / Financial Fraud A 42-year-old Belarusian and Cypriot national with alleged connections to the now-defunct cryptocurrency exchange BTC-e is facing charges related to money laundering… Continue reading
‘The mother of all breaches’ – 26 billion records leaked including stolen user logins, so may we suggest you finally change that old password?
If you’re still hanging on to that old password, here’s some news that should change your mind: Cybersecurity researcher Bob Dyachenko and the team over at Cybernews have… Continue reading
Fake crypto CEO that fronted $1.3 billion rug-pull exposed as jobbing actor who got paid $5,000 with a suit thrown in
Earlier this year PCG reported on a crypto rug-pull with a new twist: The CEO of the firm involved didn’t appear to exist. The news came in the… Continue reading
Another one bites the dust: Binance CEO quits as both he and the company plead guilty to money laundering charges and accept whopping $4.3 billion fine
Binance is the largest cryptocurrency exchange in the world, and has been under investigation by US authorities for years over allegations of offshore money laundering. Now it has… Continue reading
Embracer has laid off 5% of its workforce since its $2 billion mystery deal crumbled to dust
Embracer has had a bad year. What once felt like the inexorable rise of a games industry goliath began to stagger in May, when a six-year, $2 billion… Continue reading