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9Today’s layoffs
Epic Games sent a note to its employees today regarding layoffs.
Epic Games Cuts About 1,000 Jobs Across Company Amid ‘Fortnite’ Slump
Epic Games is cutting approximately 1,000 jobs across the company, according to CEO Tim Sweeney, citing extreme market conditions and a slump in Fortnite.
Fortnite Maker Epic Games Cuts About 1,000 Jobs Across Company
Epic Games, the maker of Fortnite, is cutting approximately 1,000 jobs due to a downturn in engagement on the popular game.
Epic Games increasing the price of V-Bucks
Epic Games is increasing the price of V-Bucks.
V-bucks are getting more X-pensive
Epic Games is reducing the amount of V-bucks that Fortnite players will receive in purchased packs, effective March 19th. The change means players will get less of the game's premium currency for the same price.
Google isn’t waiting for a settlement
Google is reducing its Android app store fees globally from 30% to 20% or less. By year-end, they will launch a "Registered App Stores" program and offer alternative billing options.
Tim Sweeney: Epic Games settled antitrust case to lock in gains with Google Store worldwide
Epic Games CEO Tim Sweeney stated in an interview that Fortnite could return to the Google Store globally in two weeks. The settlement with Google was made to secure gains with the Google Store.
Tim Sweeney signed away his right to criticize Google until 2032
Epic Games CEO Tim Sweeney signed an agreement relinquishing Epic's right to sue or criticize Google, and his personal right to advocate for changes to Google's app store policies, until 2032. This stems from a previous legal battle where Epic challenged Google's control over the Android app ecosystem.
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A Financial Times article reports that Chinese company investments in Epic Games, the creator of "Fortnite", and other content creators are facing a long-running U.S. security review. These reviews scrutinize potential national security risks associated with foreign ownership of companies involved in sensitive technologies or data.