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...

Business: FaZe Clan enters public market, deal valued at $725 million

Business
Popular esports organization FaZe Clan became a publicly traded company on Wednesday after finalizing a merger with B. Riley Principal 150 Merger Corp. in...

GameStop (GME), will split its shares 4-for-1 on July 21

Business
The original meme stock, GameStop (GME), is getting ready to split its shares 4-for-1. Investors in GameStop will receive an additional three shares for...

Why Is Skittles Alleged to be ‘unfit for human consumption’

Business
A lawsuit filed Thursday in federal court in northern California claims that Skittles candies, which advertise "taste the rainbow" because of their many colors,...

Business: Envy officially rebrands to OpTic

Business
The esports brand formerly known as Envy will adopt the OpTic Gaming moniker going forward. Envy merged with OpTic in November 2021, and the organization...

Business: FaZe Clan again closes in on a Nasdaq listing

Business
Eight months after first announcing they would go public with a Nasdaq listing, FaZe Clan once again is on the verge of an SEC-approved...

COO Sheryl Sandberg announces resignation from after 14 years at Facebook

Business
Ms. Sandberg has remained one of the high profile women in tech. She was a successful ad executive at Google when Mark Zuckerberg asked...
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