Epic Games
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Amidst a loss of 1.3 million Disney+ subscribers, Disney partners with Epic Games, signaling a bold venture into the gaming industry.
Despite significant layoffs at the end of 2022 and the beginning of 2023, subscription company layoffs continue into the second half of 2023.
Game developer Epic Games announced the layoff of about 900 employees, or 16% of their total workforce due to financial constraints.
FBI & DOJ investigate ByteDance’s use of TikTok to spy on journalists, and Apple privacy changes lead to unsold iOS inventory.
Thee FTC finalized an order that will require Fortnite developer to pay $520M in refunds and penalties.
Top 5 subscription stories of the year: Twitter, Netflix, tech layoffs, and Epic Games’ record penalty and fine.
Fortnite developer Epic Games announced a $2 billion funding round with investments from Sony and LEGO.
Peacock finalizing deal to stream 18M MLB games, Epic Games raises $36M for Ukraine relief, Apple rolls out first state ID for digital wallet.
Video game developer Epic Games will buy Bandcamp, an online music store and artist-fan community.
A federal judge handed down a split decision in the Epic Games vs. Apple lawsuit. Epic Games is appealing.
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