Business

Business

Business: Evil Geniuses to cease play, shut down operations

Esports organization Evil Geniuses will cease operations on Nov. 2 due to the difficulty posed by the "current environment," it announced Tuesday night. The Seattle-based Evil Geniuses were founded in...
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Business: Esports Nations Cup postponed 1 year amid war in Middle East

Business
The inaugural Esports Nations Cup in Riyadh, Saudi Arabia, has been postponed one year from November 2026 to...

Business: Esports World Cup coming to Paris this summer

Business
The 2026 Esports World Cup will take place in Paris from July 6 to Aug. 23, organizers announced...

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

Business
More details emerged on Thursday about the inaugural Esports Nations Cup 2026 in Riyadh, Saudi Arabia. The competition will...

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: 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...

Goldman Sachs begins layoff season cutting hundreds of people

Business
Goldman Sachs is the first significant Wall Street company to act to cut costs with a drop in deal volume, and it plans to shed several...

Elon Musk Reveals One More Reason to Drop Twitter Deal – An Undisclosed Whistle-Blower Payment

Business
On Friday, the CEO of Tesla Elon Musk added a severance payment that Twitter Inc. to a whistleblower to his list of justifications for...

$14.0 billion share buyback program announced by T-Mobile

Business
A $14.0 billion share repurchase program has been approved by the board of directors of wireless carrier T-Mobile US, Inc., a Delaware corporation. Through...
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