-
Coinbase Stock Trades Higher After-Hours Amid Partnership With League Of Legends, Valorant Developer Riot Games
Wednesday, May 7, 2025 - 1:55am | 535Read More...Coinbase Global Inc. (NASDAQ:COIN) has teamed up with leading video game developer Riot Games to become the exclusive cryptocurrency exchange for Valorant and League of Legends esports global events, according to a Tuesday announcement. What Happened: The collaboration is set to commence...
-
Tencent's Riot Games To Cut 11% Of Global Workforce, Citing Unsustainable Costs
Tuesday, January 23, 2024 - 3:51am | 580Read More...In a recent announcement, Tencent Holdings Ltd (OTC:TCEHY) subsidiary Riot Games revealed plans to lay off approximately 11% of its global workforce. What Happened: Riot Games, the developer of popular titles like “League of Legends,” will be reducing its staff by 530 employees, Reuters...
-
Sam Bankman-Fried's Love For 'League of Legends' Is Hurting Riot Games; Sponsorship Deal With FTX In Danger
Monday, December 19, 2022 - 7:47am | 527Read More...Riot Games, a unit of Tencent Holdings Limited (OTC: TCEHY), and developer of 'League of Legends' is working on terminating its League of Legends Championship Series sponsorship deal with FTX (CRYPTO: FTT) cryptocurrency exchange over “reputational harm.” What Happened: In...
-
The World's Biggest 'League Of Legends' Star, Faker, Could Come To America: Which Teams Could Get Ahold Of The Immortal Demon King?
Tuesday, November 29, 2022 - 12:19pm | 969Read More...By Juan Ignacio Boscato Lee “Faker” Sang-Hyeok is, without a doubt, the biggest star of the "League of Legends" world (developed by Tencent (OTC: TCEHY)'s Riot Games) and he is considered to be the best in history. In Korea, he is called the Immortal Demon King; he was a...
-
Meet Furious Gaming: The eSports Team That Thrives Alongside Soccer Superstar Paulo Dybala As It Seeks To Diversify Revenue Streams
Monday, November 21, 2022 - 3:05pm | 1332Read More...By Juan Ignacio Boscato Boasting 10 years of history, it is one of the pioneers in Latin America. In 2021, it grew by 300% and now aims to drive the development of the entire region. Furious was born in 2012. It was inspired by the love of its founder and present CEO, Gonzalo García, for...
-
3 Stocks That Could Benefit From The Record-Breaking Weekend Of 'Sonic The Hedgehog 2'
Monday, April 11, 2022 - 4:33pm | 971Read More...The highly anticipated sequel “Sonic the Hedgehog 2” was the box office leader for the weekend and posted some record-breaking numbers. Here are three stocks that could enjoy the success of “Sonic the Hedgehog 2.” What Happened: Video game adaptation “Sonic the...
-
Netflix Releasing First Person Shooter Video Game: What Investors Need To Know
Tuesday, March 22, 2022 - 5:23pm | 565Read More...Streaming giant Netflix Inc (NASDAQ: NFLX) has made its intention to expand into the video game space known. With a light slate of games currently available, news that Netflix is releasing a first-person shooter game could be well received by gamers and investors. What Happened: Netflix is set to...
-
Netflix Acquires A Video Game Company: How The Deal Expands Cross Promotional Opportunities
Wednesday, March 2, 2022 - 1:30pm | 921Read More...Streaming giant Netflix Inc (NASDAQ: NFLX) announced Wednesday an acquisition that could continue the company’s push into the massive video game sector. Here are the details on the acquisition and why it's important. What Happened: Netflix is acquiring Next Games, a Finnish gaming...
-
8 Top Video Game Stories Of 2021 And How Developer Stocks Performed This Year
Wednesday, December 29, 2021 - 4:16pm | 1246Read More...One of the major storylines of 2020 and the COVID-19 pandemic was the boost of stay-at-home stocks that included video games. Up against tough comparable sales, video game stocks saw a strong 2021. Here are some of the top video game storylines and stock stories of the year. Amazon Gaming Gets A...
-
Tencent's League of Legends Publisher Settles 2018 Gender Discrimination Lawsuit For $100M
Tuesday, December 28, 2021 - 2:47am | 603Read More...Riot Games, a unit of Tencent Holdings Limited (OTC: TCEHY), is settling a gender-based discrimination class-action lawsuit dating back to 2018 for $100 million. What Happened: The lawsuit with California’s state agencies and former women employees will see the “League of...
-
Could Tencent Be The Ultimate Play On Metaverse? Here's What The Company Says
Thursday, November 11, 2021 - 3:09pm | 694Read More...The largest video game company in the world is the latest big company to announce plans to invest heavily in growth of the metaverse. What Happened:Tencent Holdings Inc (OTC: TCEHY), the owner of popular video game companies and games, is planning to connect its video games to the metaverse....
-
Where Do Video Game Accounts, Purchases Go After The Player Dies?
Saturday, July 31, 2021 - 11:09am | 501Read More...Video games and mobile games have risen in popularity over the years. The industry has also seen a rise in the amount spent through in-game purchases. This leaves the unlikely question of what happens to your video game account and the purchases after you die. A new patent could reveal the answer....
-
3 Stocks That Could Hit $1 Trillion Market Cap Next
Wednesday, July 21, 2021 - 8:20am | 1099Read More...Several big market capitalization milestones have happened in 2021 with Facebook Inc (NASDAQ: FB) joining the $1 trillion club and Microsoft Corporation (NASDAQ: MSFT) marking a $2 trillion milestone. There are currently five companies trading with market caps of more than $1 trillion with...
-
Tesla, PUBG Mobile Partnership Puts Cars, Semis In Game: Why It's Important For China, India
Wednesday, July 14, 2021 - 4:46pm | 616Read More...One of the largest mobile games in the world partnered with Tesla Inc (NASDAQ: TSLA) to feature the well-known electric vehicle automaker. The deal could help boost Tesla’s profile internationally and lead to feature gaming partnerships. Tesla, PUBG Partnership: A new partnership between...
-
Madison Square Garden Sports: Buying The Knicks And Getting The Rangers For Free
Friday, January 22, 2021 - 1:50pm | 485Read More...Even with an 8-8 record and a streak of missing the NBA playoffs for seven straight seasons, the New York Knicks could be a value play. Madison Square Garden Sports Corp (NYSE: MSGS): The New York Knicks are owned by Madison Square Garden Sports, along with the NHL’s New York Rangers...
















