Tech
Unity CEO John Riccitiello Steps Down
Unity CEO and President John Riccitiello has announced his retirement. The news comes as a surprise to many in the tech industry, given Unity's significant role in game development and AR/VR technologies. The company has not yet named a successor. Source: The Verge
Microsoft-Activision Blizzard Deal Finalizes Soon
Microsoft's acquisition of Activision Blizzard is under review by the UK's Competition and Markets Authority (CMA). The deal is expected to close by October 13, 2023.
Web3
METAPIXEL Pauses Flagship Game
METAPIXEL, a web3 gaming ecosystem, has temporarily suspended its flagship game, Gran Saga: Unlimited. The pause is attributed to unforeseen shifts in the project's circumstances and is seen as a necessary step to recalibrate and realign their goals.
Pudgy Penguins
One of the top NFT projects, Pudgy Penguins hits UK toy retailer Smyths to mark another major milestone for the web3 based business.
Yuga Labs Confirms Layoffs
The company behind the Bored Ape Yacht Club, Yuga Labs has announced its plans to restructure the company to focus on its priorities and to go all in on the Otherside and along with continuing to focus on its community.
Crypto
Market Rout Causes Over $100M in Liquidations
Crypto traders suffered over $100 million in liquidation losses amid escalating tensions in the Middle East. The largest digital assets, including Bitcoin and Ether, saw significant declines, leading to the liquidation of long positions.
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Unity CEO Steps Down Effective Immediately