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Business & Lifestyle

AEW working on console game, mobile games with former WWE 2K series developer

JACKSONVILLE, Fla. -- Just weeks after All Elite Wrestling (AEW) marked the first year anniversary of its weekly flagship episodic wrestling show Dynamite, the wrestling promotion is marking another milestone. In a press conference held Tuesday evening online, the promotion would launch its gaming division, AEW Games, with some projects in the works. AEW co-executive vice president Kenny Omega would kick off the presentation with the announcement of their console game. The title of the project is not currently known, […]

todayNovember 10, 2020 13

Business & Lifestyle

Crypto lender CRED files for bankruptcy

WILMINGTON, Del. -- A leading cryptocurrency lender is requesting bankruptcy protection as a result of some alleged shady dealings. Cryptocurrency lender CRED Inc. filed for Chapter 11 bankruptcy on Saturday before the United States Bankruptcy Court in Delaware. According to its filing, CRED lists estimated assets between $50 million and $100 million. Their current liabilities range from $100 million to $500 million, but the actual figure is not known. Last month, a cryptic email sent to users states some "irregularities" in […]

todayNovember 9, 2020 10

Business & Lifestyle

ESPN to lay off 300 workers, won’t fill 200 open jobs

BRISTOL, Conn. (UPI) -- ESPN announced Thursday it will lay off 300 employees and will not fill about 200 open positions, marking its largest number of job cuts in five years. The sports network, which is owned by Disney, employs about 6,000 people worldwide, 4,000 of whom are in Bristol, Conn. It laid off 300 employees during a round of cuts in 2015. "Today is hard because ESPN has always been -- and will always be -- fortified by its […]

todayNovember 5, 2020 2

Business & Lifestyle

GameStop closed on Thanksgiving, Black Friday deals offered early

GRAPEVINE, Tex. -- If you were planning to huddle outside of your nearest GameStop store, save yourself the trip this year. This is assuming your closest store hasn't already closed or gone out of business due to the company's ongoing restructuring plan. GameStop is following the lead of other major retailers by being closed on Thanksgiving Day. Walmart and Target made similar announcements earlier this year. Normally, the video game retail giant has been opening up to Black Friday shoppers […]

todayOctober 27, 2020 3

Business & Lifestyle

Report supports calls for national paid sick-leave policy, impacting Illinois

SPRINGFIELD -- New research suggests access to emergency paid leave could help limit the spread of the novel coronavirus. Supporters of a broader paid-time-off proposal say it's needed in states like Illinois, where there's no such requirement. The study says states with access to emergency paid leave during the crisis have seen 400 fewer COVID cases per day. It was led by Cornell University and the Swiss Economic Institute. Paid-leave group demands Senate vote on House relief bill Dawn Huckelbridge is […]

todayOctober 23, 2020 43

Business & Lifestyle

After nearly seven months, Quibi to cease operations

LOS ANGELES -- Quibi, a short-form entertainment content streaming service, announced Wednesday that they will be shutting down some seven months after its public launch. A Wall Street Journal report states that amid mounting problems, the service has opted to shut itself down. Thus ends a year full of high-flying expectations for the entertainment start-up that raised $1.75 billion in capital. Founders Jeffrey Katzenberg, a film producer, and former Hewlett Packard CEO Meg Whitman, issued a public statement that the […]

todayOctober 22, 2020 13

Business & Lifestyle

Warning signs gamers should seek in Microsoft buying Bethesda in recent deal

What would you do when you have $7.5 billion in your bank account? Would you build an exclusive beach house after acquiring a private island in the Pacific? How about renting out a snowy resort in the Alps so you can hit the slopes with your reliable Giro ski helmet and Burton snowboards? With that amount of money, most people won't need to work a day in their lives. They would enjoy what the world has to offer and fulfill whatever activity […]

todaySeptember 22, 2020 18

Business & Lifestyle

GameStop reveals plans to close 450 stores

GRAVEVINE, Tex. -- GameStop reveals in a recent investor call that they will be closing more stores than in their initial plan. Company executives did reveal that they will close an additional 100 stores than in their current restructuring plan. Per the restructuring plan, the company had plans to close 300 underperforming stores permanently. However, this number is increasing since the investor brief in March. Store closures to continue through 2021 When asked regarding a timeframe for these additional store […]

todaySeptember 13, 2020 14

Business & Lifestyle

Spotify, Riot Games team up for ‘League of Legends’ podcasts

STOCKHOLM, Sweden/LOS ANGELES (UPI) -- Spotify announced on Monday that it has entered into a multiyear partnership with Riot Games, the video game developer behind League of Legends. Spotify has become the offical and exclusive streaming partner for League of Legends global events and has created an esports hub for the game. The hub features official playlists inspired by the gaming community with more content set to arrive soon. Spotify and Riot Games are also working together to create and […]

todayAugust 24, 2020 5

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