Epic Games

Last Wednesday, The Walt Disney Company (NYSE: DIS) did its best to try to ease Wall Street's concerns. Although Disney did top earnings estimates as it narrowed its streaming losses and lifted its guidance, it is still operating in an embattled sector. But, this progress wasn’t...

The Walt Disney Company (NYSE:DIS) reported first-quarter financial results Wednesday, and the media giant beat analyst estimates for earnings per share came in shy on revenue. Disney made several announcements alongside earnings during its conference call, and Wall Street analysts are breaking...

The Walt Disney Company (NYSE:DIS) reported first-quarter financial results Wednesday, beating analyst estimates for earnings and missing on revenue. CEO Bob Iger shared several company announcements during an appearance on CNBC and Disney’s conference call. Taylor Swift Exclusive: One of...

On Wednesday, Disney also announced a $1.5 billion investment in leading video game company Epic Games. The investment in the owner of the popular Fortnite game is a substantial one for Disney in the gaming sector. The House of Mouse will work with the Fortnite studio on new games and an...

In a recent court filing, Fortnite-maker Epic Games has accused Apple Inc. (NASDAQ:AAPL) of not complying with court orders related to App Store commissions and alternative payment options. What Happened: Tim Sweeney-led Epic Games alleges that Apple has not fully adhered to court orders requiring...

Palworld, the open-world survival game often referred to as "Pokémon with guns", has gained significant traction in the U.S. The release briefly surpassed Epic Games' Fortnite in daily players on Microsoft Corp.'s (NASDAQ: MSFT) Xbox. "According to Circana's Player...

Apple Inc.'s (NASDAQ:AAPL) decision to levy a 27% fee on all sales originating from links clicked in apps has drawn sharp reactions from developers and Cathie Wood's Ark Invest analyst Andrew Kim. What Happened: After scoring a partial victory in the antitrust lawsuit brought by Epic Games, Apple...

Tim Sweeney, CEO of Fortnite-maker Epic Games, has reportedly declared his intention to challenge Apple Inc.'s (NASDAQ:AAPL) compliance plan after the U.S. Supreme Court's latest ruling concerning the policies governing in-app purchases on Apple Store. What Happened: On Tuesday, the Supreme Court...

Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google had considered changing its app store pricing strategy to dodge regulatory scrutiny. However, the tech giant decided against a fixed fee per app proposal that could have led to a multi-billion dollar loss. What Happened: According to documents...

Last week, Fortnite parent Epic Games won the antitrust lawsuit against Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google. However, the game developer’s CEO, Tim Sweeney, is concerned that Sundar Pichai‘s company might persist with high app store charges. What Happened: ...

One of the factors that went against Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google in the Epic Games trial was credibility. What Happened: One of the jurors in the Google-Epic Games trial found the latter's CEO, Tim Sweeney, more credible than Google CEO Sundar Pichai. "A #GooglePlay juror...

“Fortnite” maker Epic Games might be currently relishing the fact that a landmark antitrust ruling was in their favor against Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, but in 2021 a U.S. judge ruled in favor of Apple Inc. (NASDAQ:AAPL) on a similar case, raising the question...

On Tuesday, a federal jury gave a verdict in favor of Fortnite-parent Epic Games in an antitrust lawsuit against tech behemoth Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google. Now, Tim Sweeny says he knew about most of what Google was...

Epic Games, known for Fortnite's colossal crossover appeal with pop culture icons, was unsuccessful in negotiations with Nintendo ADR (OTC: NDTOY) to introduce the latter's characters into the game. Despite Fortnite's immense success and numerous collaborations with diverse brands...

Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) received a legal setback on Monday after its search engine arm Google’s Android app store was ruled to have unfairly taken advantage of antitrust barriers, leading to detrimental effects on both consumers and software developers, according to a...