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With stadiums closed, TV networks turn to live esports broadcasts
The COVID-19 pandemic has wiped out the spring seasons for professional sports and associated revenue for TV networks, but esports is filling part of that void. Gaming companies behind titles licensed by each major league are the winners in this unexpected shift; Electronic Arts (EA) is first among them with…
Read MoreDisney streaming exec Kevin Mayer becomes TikTok’s new CEO
Kevin Mayer, head of The Walt Disney Company’s direct-to-consumer and international business, is departing to become CEO of TikTok, as well as COO of the popular video app’s parent company ByteDance. Founder Yiming Zhang will continue to serve as ByteDance CEO, while TikTok President Alex Zhu (formerly the co-founder of…
Read MoreElon Musk is playing Twitter footsie with the fringe right
Elon Musk has always had a certain manic energy on Twitter, but in the past week, his output has taken a more troubling turn. Musk’s ongoing standoff with Alameda County health officials had inspired him to share a wave of disinformation, something he hasn’t backed off from even as much…
Read MoreDelayed ‘PES’ Euro 2020 update will arrive on June 4th
With so many live sporting events canceled due to COVID-19, fans are turning to esports. But even those are facing pandemic-related setbacks and delays. This spring, Konami promised that its free Euro 2020 update for eFootball PES 2020 would be ready… Source
Read MoreArm’s financials and the blurring future of the semiconductor sector
Amidst the blitz of SoftBank earnings news today comes the financials for all of SoftBank’s subsidiaries, which includes Arm Holdings, the most important chip design and research company in the world that SoftBank bought for $32 billion back in 2016. Arm produces almost all of the key designs for the…
Read MoreDisney streaming chief Kevin Mayer resigns to become TikTok CEO
Disney’s Kevin Mayer is leaving his post as the head of Disney’s streaming efforts to become the CEO of the short form video app TikTok, Disney announced today. He will also become the COO of TikTok’s owner, ByteDance. “Kevin has had an extraordinary impact on our company over the years,…
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