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Technology

Israel-based game developer Playtika lays off about 15% of its staff, or 600+ workers, and removes three titles from the pipeline; its stock is down ~53% YTD (Ingrid Lunden/TechCrunch)

December 12, 2022
Photo of Israel-based game developer Playtika lays off about 15% of its staff, or 600+ workers, and removes three titles from the pipeline; its stock is down ~53% YTD (Ingrid Lunden/TechCrunch)

[ad_1] Ingrid Lunden / TechCrunch: Israel-based game developer Playtika lays off about 15% of its staff, or 600+ workers, and…

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Technology

Hedge fund Fir Tree Capital sues Grayscale Investments for info on potential mismanagement, as GBTC, down ~74% YTD, trades at a ~43% discount to its BTC's value (Bloomberg)

December 6, 2022
Photo of Hedge fund Fir Tree Capital sues Grayscale Investments for info on potential mismanagement, as GBTC, down ~74% YTD, trades at a ~43% discount to its BTC's value (Bloomberg)

[ad_1] Bloomberg: Hedge fund Fir Tree Capital sues Grayscale Investments for info on potential mismanagement, as GBTC, down ~74% YTD,…

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Technology

Unity, which makes the eponymous game engine, merges with adtech company ironSource in a $4.4B all-stock deal; Unity stock is down ~75% YTD and ironSource ~50% (Paul Sawers/TechCrunch)

November 7, 2022

[ad_1] Paul Sawers / TechCrunch: Unity, which makes the eponymous game engine, merges with adtech company ironSource in a $4.4B…

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Technology

Seagate misses Q1 estimates with $2.04B revenue and plans to cut around 3,000 jobs to reduce costs amid slowing demand; stock drops 9%+ and is down ~50% YTD (Ian King/Bloomberg)

October 26, 2022

[ad_1] Ian King / Bloomberg: Seagate misses Q1 estimates with $2.04B revenue and plans to cut around 3,000 jobs to…

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