Facebook’s Chief Technology Officer Mike Schroepfer is stepping down from the social media company, taking on a part-time role while longtime executive Andrew Bosworth will replace him next year. Schroepfer, known as “Schrep,” has been at Facebook for 13 years and is a close friend of CEO Mark Zuckerberg. He called his decision difficult “because […]
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Apple revealed earlier today that it won’t allow Epic games to join its App Store until the two companies come to an agreement to “play by the same rules as everyone else,” following a prohibition of re-releasing Fortnite for iOS in South Korea. In August, a South Korean bill was passed forbidding search engine giant […]
During Facebook’s recent earnings call, Mark Zuckerberg confirmed the company’s next hardware release will debut the tech giant’s collaboration with Ray-Ban eyewear on a pair of augmented reality glasses. The long-awaited Ray-Ban “smart glasses” were supposed to launch in 2021. However, as a steep plunge in COVID-19 cases forced most of the world into a lockdown, a lot of tech firm’s plans changed. “Looking ahead here, the […]
Facebook’s success is rapidly taking flight; however, it’s about to face serious challenges on multiple fronts. The company’s revenue grew 56 percent year-on-year (YoY) in the second quarter, amounting to $29 billion, according to a statement published on Wednesday. Facebook’s savvy marketing strategy and technological advancement managed to double its quarterly profit to almost $10.4 billion, $8.7 billion more than what analysts estimated. If this isn’t impressive enough, then take […]
It’s 9 a.m. The average summer heat wave feels less intense today as you’re walking down your neighborhood. The strong craving for a croissant consumes your thoughts as you’re contemplating what to have for breakfast. Out of nowhere, a bakery appears next to you with various croissant options to satisfy your cravings. You stop, choose your breakfast, only to realize […]
If you’re a gamer, then it’s a great time to be alive with all the new releases happening on almost every gaming platform; and this has been outlined by Newzoo’s new global games market report for 2021. Powered by just under 3.0 billion gamers, the global games market will generate $175.8 billion via consumer spending in 2021, representing a […]
Since the previous round of research, the COVID-19 pandemic has accelerated gaming trends already in motion, leading to an expanded gaming audience and through-the-roof engagement. To that end, our data shows that over half of gamers in North America and Western Europe spent more time gaming since the pandemic began. Will that engagement continue after […]
It took a few minutes for Vignesh Sundaresan and Anand Venkateswaran to realize that they’d parted with $69.3 million for a digital artwork stored in a JPEG file, coincidentally securing their place in art history. “We weren’t sure we won,” said Venkateswaran, describing the nerve-racking final moments of the online auction for a collage of […]
As 2020 is finally drawing to a close, it’s time for us to turn the spotlight onto next year. In terms of trends, 2021 is shaping up to be a hugely positive year for the games market, which will start to return to normalcy after an exceptional growth period. In the coming weeks, we’ll publish […]