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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: Team Liquid valued at $415M following $35M investment

Business
Team Liquid's valuation climbed to an estimated $415 million with the closing of a $35 million financing round, the esports organization and parent company...

Why is Starbucks Workers Union Suing CEO Howard Schultz?

Business
The union of multinational chain of coffeehouses Starbucks baristas, Starbucks Workers United, is suing the company's interim CEO, Howard Schultz, claiming that his recent...

Business: Report: FaZe Clan’s SPAC merger in doubt

Business
FaZe Clan's plan to merge with a special purpose acquisition company (SPAC) in order to go public on the NASDAQ "may be dead in...

Business: Lamborghini launches esports team

Business
The luxury auto brand Lamborghini is diving further into the world of esports. The company launched the Automobili Lamborghini Esports Team and has signed three...

Business: Usain Bolt enters esports as co-owner of WYLDE

Business
Usain Bolt is running in a new direction, as the Jamaican sprinting champion became a co-owner of Irish esports organization WYLDE on Wednesday. Bolt will...

Business: Andbox rebrands as NYXL, announces New York expansion

Business
Andbox is rebranding as NYXL and intends to build New York City as an esports hub, the organization announced Wednesday. The organization announced plans to...
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