Browsing: bought

Illuvium co-founder and CEO Kieran Warwick said Aug. 21 that six months of cost reductions and a further wage cut had restored more than 12 months of operating runway for the web3 gaming studio.

Assenagon Asset Management S.A. grew its position in shares of Roblox Corporation (NYSE:RBLX – Free Report) by 89.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,893,790 shares of the company’s stock after purchasing an additional 891,634 shares during the period. Assenagon Asset Management…

I know. I know. Video games. We’ll get there, I promise. But before we slog through what might eventually go down as one of the most momentous weeks in the history of our industry (courtesy of EA), let’s pause for some much-needed musical affirmation courtesy of The Avalanches.

Electronic Arts is known for video games such as The Sims, Madden NFL and Battlefield. Photograph: EA/MaxisElectronic Arts is known for video games such as The Sims, Madden NFL and Battlefield. Photograph: EA/Maxis