Nearly 6,000 gaming industry workers have already been laid off in 2024, according to PC Gamer reporting, while 2023 saw well over 10,000 job cuts across video game studios. Are industry employers correcting themselves after seeing surging interest in gaming dating back to the pandemic? LightShed Partners Media and Technology Analyst Brandon Ross joins Yahoo Finance to comment on the headwinds contributing to these lay offs seen across the gaming sector. “A big one was actually mobile games… Source link
Read More »The tech industry’s poor performance will bleed into 2023
This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, Dec. 14, 2022 Big Tech’s pain doesn’t end at midnight on New Year’s Eve The year is nearly over, and the last few days of 2022 can’t come soon enough for Big Tech. In the past 12 months, the industry went from having a sense of euphoria, with companies like Apple (AAPL) reporting… Source link
Read More »The tech industry’s poor performance will bleed into 2023
This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, Dec. 14, 2022 Big Tech’s pain doesn’t end at midnight on New Year’s Eve The year is nearly over, and the last few days of 2022 can’t come soon enough for Big Tech. In the past 12 months, the industry went from having a sense of euphoria, with companies like Apple (AAPL) reporting… Source link
Read More »SBF’s ‘house of cards’ is the crypto industry’s problem now: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, December 14, 2022 Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with the Yahoo Finance app for Apple or Android.Yahoo Finance App. Sam Bankman-Fried, the disgraced founder and former CEO of FTX, has had a bad… Source link
Read More »As Democrats’ Once-Cozy Relationship With Tech Is Tested, Ex-Google Policy Lead’s New Trade Group Touts Industry’s Benefits
A new tech industry association, led by a former Google public policy director and with funding from Amazon.com Inc., Facebook Inc. and Google, is coming to Washington. But instead of starting its efforts with traditional tech policy issues, the group is leaning hard into another Democratic linchpin: voting rights. Just a few days after House lawmakers ripped into the chief executives of Facebook, Google and Twitter Inc. for myriad issues, the Chamber of Progress launches Monday with the… Source link
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