2025-03-27
Ubisoft spins out subsidiary with a billion-dollar investment from Tencent
Ubisoft is continuing its efforts to course-correct after several challenging years. Today, the video game company announced that it will launch a subsidiary centered around three of its most familiar franchises: Assassin's Creed, Far Cry and Tom Clancy's Rainbow Six. The as-yet-unnamed subsidiary will fold in the teams working on those three series, including Ubisoft studios in Montréal, Quebec, Sherbrooke, Sague [...]
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2025-01-27
Ubisoft shuts down a support studio and lays off 185 workers
Following a string of misfires, Ubisoft is shutting down a support studio and downsizing elsewhere, with the company firing around 185 workers in its latest cost-cutting measure. Ubisoft Leamington, s [...]
2025-01-23
Assassin's Creed Shadows preview: a few steps in the right direction
Things aren’t exactly going swimmingly at Ubisoft right now. The publisher had a rough 2024, with Star Wars Outlaws failing to meet sales expectations and word of XDefiant’s demise coming around s [...]
2025-03-18
Assassin's Creed Shadows review: An ambitious and captivating world that's stuck in the past
It's unlikely that the fate of a company as large as Ubisoft will hinge on the success of one tentpole single-player game. But the company cannot afford another major error anytime soon after the [...]
2025-03-04
TSMC is investing an additional $100 billion into semiconductor manufacturing in the US
Taiwan Semiconductor Manufacturing Company (TSMC), the world's top semiconductor manufacturer, has pledged to invest another $100 billion over the next four years to boost advanced semiconductor [...]
2025-03-24
Tencent's Hunyuan-T1 reasoning model matches OpenAI's o1 capabilities in benchmarks
Tencent says its new Hunyuan-T1 model can go toe-to-toe with OpenAI's best reasoning systems.<br /> The article Tencent's Hunyuan-T1 reasoning model matches OpenAI's o1 capabiliti [...]
2025-01-22
Google is investing another billion dollars in Anthropic
Google has decided to invest another billion into Anthropic, four sources told the Financial Times, bringing its total sunk cost to more than three billion dollars. Both companies have declined to com [...]
2025-03-27
Tencent invests $1.25B in Ubisoft’s new core games operating division
Tencent has invested $1.25 billion in a new Ubisoft operating division that includes the core games Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six brands. Ubisoft, the French video game gi [...]
2025-03-26
Dollar Tree is selling Family Dollar to private equity firms for $1 billion
Dollar Tree (DLTR) said Wednesday that it would sell its Family Dollar business to a pair of private equity firms for $1 billion, a fraction of the amount it paid for the struggling unit several years [...]
2025-03-12
Prince of Persia: The Lost Crown highlights March's PS Plus lineup
Prince of Persia: The Lost Crown is the centerpiece of March's PlayStation Plus game catalog entries. The critically acclaimed metroidvania title is accompanied by Captain Tsubasa: Rise of New Ch [...]