Interactive

Job Loss Shock: Take-Two Interactive Closes Two Game Studios, Including OlliOlli World Developer

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London, England – The games industry has witnessed a surge in job losses this year, with Bloomberg reporting more closures of studios within the industry. Take-Two Interactive Software has announced the shutdown of two studios – Private Division and London-based subsidiary Roll7 (known for games like OlliOlli and Rollerdrome) along with Intercept Games, developer of Kerbal Space Program 2 based in Seattle. Roll7, the London-based studio behind Rollerdrome, will be closed by Take-Two, with severance …

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Layoffs Hit Intercept Games as Take-Two Interactive Cuts 70 Jobs – Shocking Details Revealed!

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Seattle, Washington is facing the impacts of Take-Two Interactive’s layoffs, with Intercept Games being one of the casualties. The parent company is letting go of 70 employees from the developer behind Kerbal Space Program 2. According to reports, a Worker Adjustment and Retraining Notification (WARN) notice was filed in Washington state, revealing the layoffs of 70 workers in Seattle. While the notice mentions Take-Two Interactive specifically, it appears that Intercept Games, a Seattle-based studio, is …

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Tornado Warning Issued for Multiple Nebraska Counties – Stay Safe with Our Interactive Radar!

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Omaha, Nebraska – A tornado warning has been issued for several counties in Nebraska, alerting residents to take precautions as severe weather approaches. The warning, issued by the National Weather Service, covers a wide area and is set to expire at 5:45 p.m. The affected counties include Antelope, Boone, Butler, Cass, Colfax, Douglas, Gage, Jefferson, Johnson, Madison, Nemaha, Otoe, Pawnee, Platte, Richardson, Saline, Sarpy, Saunders, Seward, and Washington in Nebraska. In Iowa, the warning extends …

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Cost-Cutting Measures by Take-Two Interactive to Lay Off 5% of Workforce and Scrapping Projects – Major Gaming Company Announcement

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New York, NY – Take-Two Interactive, a prominent gaming company known for popular franchises like Grand Theft Auto, NBA 2K, and Bioshock, has recently announced a series of cost-cutting measures that are set to impact approximately five percent of its global workforce. In addition to staff reductions, the company revealed that it would be terminating multiple projects that were still in development. According to an SEC filing released on Tuesday, Take-Two Interactive stated that the …

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Margin Loan Warning Sign: Interactive Brokers’ Founder Cautions Market on Record-Breaking Loan Increase

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New York, USA – Interactive Brokers’ founder and chairman, Thomas Peterffy, issued a warning about the recent surge in margin loans, indicating potential trouble ahead for the market. Margin loans, which involve investors borrowing against their current assets, have seen a significant 30% increase to $51.2 billion compared to the same quarter last year, reaching an all-time high. Peterffy expressed concern on CNBC’s “Closing Bell: Overtime,” stating, “Margin loans keep rising, and that’s never a …

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Knights of the Old Republic Remake Update: Saber Interactive CEO Confirms Game is ‘Alive and Well’ – Find Out What’s Happening!

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Los Angeles, California – The Star Wars: Knights of the Old Republic Remake has been a highly anticipated project in the gaming world. First announced in 2021, this remake has faced numerous challenges, changing hands multiple times, encountering halts in development, and experiencing restarts. Despite these hurdles, the game is still in progress, and a recent update from Saber Interactive’s CEO, Matthew Karch, confirms that the project is “alive and well.” In an interview with …

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Take-Two Entertainment Acquires Gearbox Interactive in $460 Million Deal – What This Means for Borderlands!

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Frisco, Texas – Swedish gaming company Embracer Group has reached an agreement to sell Gearbox Interactive to Take-Two, the parent company of Rockstar, for $460 million. This deal, announced in a press release, will see Take-Two taking full ownership of popular franchises like Borderlands, Homeworld, Risk of Rain, Brothers in Arms, and Duke Nukem by June 2024. Additionally, Take-Two will acquire Gearbox studios located in Quebec, Montréal, and Frisco, Texas. However, Embracer will retain ownership …

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Take-Two Interactive Acquires Gearbox Entertainment in $460 Million Deal – Insider Details Inside!

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Los Angeles, CA – Take-Two Interactive Software, Inc. has made a significant move in the gaming industry by acquiring The Gearbox Entertainment Company Inc., the developer behind the popular Borderlands franchise. The deal signifies the company’s commitment to expanding its portfolio and strengthening its position in the market. This acquisition comes as no surprise given the success of the Borderlands series, which has garnered a dedicated fan base over the years. By bringing Gearbox Entertainment …

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Eclipse 2024: Discover the Path of Totality with Interactive Map and Glasses Guide

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Chicago, Illinois – Excitement is building for the upcoming total solar eclipse on April 8, 2024. As the celestial event draws near, people across the United States are making preparations to witness this rare occurrence. Residents of Chicago, Illinois, are particularly eager to see the eclipse and are taking steps to protect their eyes and vision. With the moon set to temporarily block out the sun, many are turning to specialized eclipse glasses to safely …

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AI-Powered Game Demo by Nvidia Takes Interactive Dialogue to the Next Level

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Las Vegas, Nevada – Nvidia unveiled an innovative AI-driven game demo called “Convert Protocol,” where players embody a detective navigating through a high-end hotel to solve a mystery. Unlike traditional games with preset dialogue options, players in this demo interact with non-playable characters using their voice and microphone, allowing for more dynamic and personalized gameplay experiences. During a private demonstration attended by journalists, Nvidia’s Senior Product Manager for ACE, Seth Schneider, showcased the capabilities of …

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