Microsoft Corp.'s Xbox plans to eliminate 3,200 jobs, or around 20% of its staff over the next year, as part of a massive reorganization to spur growth in the struggling gaming division. Jason Schreier reports on "Bloomberg Open Interest."
Fraudulent websites are using Grand Theft Auto VI launch excitement to lure gamers into sending Bitcoin (CRYPTO:BTC), Ether (CRYPTO:ETH) and Tether (CRYPTO:USDT) payments for fake early access downloads.
Pudgy Penguins announced it will wind down development of its mobile game Pudgy Party and redirect gaming resources toward Pudgy World, its browser-based gaming platform.
Hasbro CEO Chris Cocks addresses investor concerns regarding the company's exposure to petroleum-intensive products, clarifying that such exposure is relatively light. He emphasizes that the majority of Hasbro's business and growth comes from games as well as licensing and digital products. He speaks on "Bloomberg Open Interest."
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