GameWorldObserver.com: online magazine about video games industry

All publications for 23.05.2022

Deals May 23, 2022

Take-Two finally closes its $12.7 billion acquisition of Zynga

Zynga has officially become a subsidiary of Take-Two. The GTA publisher has finally completed the $12.7 billion deal announced earlier this year.

Industry News May 23, 2022

Ubisoft unlikely to sell until its price reaches at least €60 per share, latest report claims

The talks about a Ubisoft buyout continue. A new report claims that the company’s stockholders will wait until its share price increases to accept a potential deal.

Industry News May 23, 2022

Report: Tencent employees facing mass layoffs as latest lockdowns affect Chinese tech giants’ earnings

Chinese tech companies have been conducting staff cuts, according to the latest reports. Tencent is one of the firms to lay off employees at several departments amid regulatory pressure and the impact of the latest lockdowns.