Business

Business

Business: EWCF commits $45M to inaugural Esports Nations Cup

More details emerged on Thursday about the inaugural Esports Nations Cup 2026 in Riyadh, Saudi Arabia. The competition will run from Nov. 2-29 and includes a $45 million commitment from...
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Business: Esports World Cup 2026 announces $75M prize pool

Business
The 2026 Esports World Cup returns to Riyadh, Saudi Arabia, this summer with a record-breaking $75 million prize...

Business: PIF, Jared Kushner’s firm lead $55B buyout of Electronic Arts

Business
Saudi Arabia's Public Investment Fund, Jared Kushner's Affinity Partners and Silver Lake agreed to a $55 billion takeover...

Business: Report: Astralis officially taken over by Fusion Esports Group

Business
Danish esports organization Astralis has officially been taken over by a group called Fusion Esports Group, according to...

Business: Esports Nations Cup set to begin in 2026

Business
An esports tournament pitting nations against each other will launch next year. The Saudi-backed Esports World Cup Foundation announced...
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Business: NIL issues could impact college football video game

Business
Less than a month ago, EA Sports announced it was working with a sports licensing firm to sign up players to appear in the...

Business: EA Sports’ college football reboot to include players’ names, images

Business
When EA Sports' College Football game makes its return in 2024, it will include the names, images and likenesses of actual players for the...

Business: Report: CLG heads toward layoffs, sale of LoL team

Business
Counter Logic Gaming -- better known as CLG -- will lay off staff and keep just one team in operation pending a sale, per...

Business: Report: FaZe Clan considering going private

Business
Less than a year after going public, FaZe Clan are considering reversing course, Sports Business Journal reported. The report claims the esports and gaming organization...

Business: OpTic Gaming lays off staff

Business
Multiple members of the OpTic Gaming staff have been laid off, social media posts confirmed on Thursday. The layoffs at OpTic, most well known for...

The CEO of FedEx, Raj Subramaniam said he expects and warns of a global recession in the economy.

Business
Raj Subramaniam, the CEO of FedEx, told Jim Cramer on CNBC on Thursday that he thinks the world economy is headed for a recession. After...
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