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Coinbase Stock Trades Higher After-Hours Amid Partnership With League Of Legends, Valorant Developer Riot Games
Wednesday, May 7, 2025 - 1:55am | 535Coinbase Global Inc. (NASDAQ:COIN) has teamed up with leading video game developer Riot Games to become the exclusive cryptocurrency exchange for Valorant and League of Legends esports global events, according to a Tuesday announcement. What Happened: The collaboration is set to commence...
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Riot Games Lays Off 27 Developers As Part Of League Of Legends Restructure
Wednesday, October 16, 2024 - 3:51pm | 397Riot Games, the studio behind League of Legends, has announced a series of layoffs affecting its League of Legends PC development team, alongside plans for future expansion. The news was delivered by Riot Games co-founder Marc Merrill in a statement posted to X: “This isn't about reducing...
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SAG-AFTRA Strikes League Of Legends Contractor, Riot Games Responds: 'LoL Has Nothing To Do With The Complaint'
Wednesday, September 25, 2024 - 4:35pm | 587The Screen Actors Guild – American Federation of Television and Radio Artists (SAG-AFTRA) has announced a strike against League of Legends after accusing Formosa Interactive of attempting to undermine the ongoing video game industry strike. According to GamesIndustry.biz, The union, which...
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Tencent's Riot Games To Cut 11% Of Global Workforce, Citing Unsustainable Costs
Tuesday, January 23, 2024 - 3:51am | 580In a recent announcement, Tencent Holdings Ltd (OTC:TCEHY) subsidiary Riot Games revealed plans to lay off approximately 11% of its global workforce. What Happened: Riot Games, the developer of popular titles like “League of Legends,” will be reducing its staff by 530 employees, Reuters...
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Is Evil Geniuses Exiting Esports By The End Of 2023?: Report
Wednesday, November 22, 2023 - 6:23pm | 375The Seattle-based esports organization Evil Geniuses (EG) is reportedly for sale, with its owners seeking to divest the team wholly or partially. According to a Sports Business Journal (SBJ) report, the company, established in 1999 and featuring teams in games like Valorant, League of Legends...
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World Cup Champion Lionel Messi Partners With Agüero To Own Krü Esports
Tuesday, November 7, 2023 - 3:14pm | 405Renowned football player and World Cup champion Lionel Messi joined forces with Krü Esports, an esports team led by Sergio Kun Agüero. This announcement was made by Agüero on his Twitch channel, following recent speculations about organizational changes. See Also: Want...
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'League Of Legends' Strike Resolved: Tencent's Riot Games And Players Union Reach Agreement
Friday, June 9, 2023 - 3:28pm | 542The looming strike that threatened to disrupt the North American season of "League of Legends" has been called off. Two weeks ago, the LCS Players Association (LCSPA) declared their intention to strike in response to Tencent Holdings Ltd.'s (OTC: TCEHY) Riot Games' plans to make...
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Riot Games' Ultimatum: Entire Esports Season At Risk If 'League Of Legends' Players Strike Continues
Wednesday, May 31, 2023 - 4:18pm | 468Riot Games, the video game developer, publisher, and esports tournament organizer owned by Tencent Holdings Ltd. (OTC: TCEHY), has announced a two-week delay in the start of the competitive North American League of Legends summer season, following a walkout by players who voted "overwhelmingly...
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Riot Games Refuses To Give In To Blackmailers After League of Legends Source Code Hack
Tuesday, January 24, 2023 - 6:17pm | 588Riot Games, the video game developer, publisher and esports tournament company owned by Tencent Holdings ADR (OTC: TCEHY), announced the source code for its game League of Legends had been stolen. Last week, Riot revealed it had been a victim of a cyber attack, but assured that no...
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Riot Games Hit By Massive Cyber Attack, Affecting Updates For Multiple Titles
Monday, January 23, 2023 - 1:37pm | 481Riot Games, the video game developer, publisher and esports tournament company owned by Tencent Holdings ADR (OTC: TCEHY) disclosed it has been a victim of a cyber attack. What Happened: The company behind huge titles such as League of Legends and Valorant announced the security...
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Why New 'League of Legends' Trailer Is So Bad Riot Games Had To Apologize [VIDEO]
Tuesday, January 17, 2023 - 2:31pm | 678Following a tradition that started in 2018, Tencent (OTC: TCEHY)’s Riot Games released a new trailer for “League of Legends” (LoL) to announce the 2023 season of the video game. Although, this year, the game's new cinematic trailer drew negative...
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Esports Betting: Which Games Are People Wagering On? New Report May Surprise You
Thursday, December 22, 2022 - 5:47pm | 756Tencent (OTC: TCEHY)’s “League of Legends;” Valve’s ”‘CS:GO” and “Dota 2;” Riot Games’ “Valorant,” and Montoon’s “Mobile Legends: Bang Bang” were the most wagered-on esports titles in 2022 revealed a report by...
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Sam Bankman-Fried's Love For 'League of Legends' Is Hurting Riot Games; Sponsorship Deal With FTX In Danger
Monday, December 19, 2022 - 7:47am | 527Riot Games, a unit of Tencent Holdings Limited (OTC: TCEHY), and developer of 'League of Legends' is working on terminating its League of Legends Championship Series sponsorship deal with FTX (CRYPTO: FTT) cryptocurrency exchange over “reputational harm.” What Happened: In...
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The World's Biggest 'League Of Legends' Star, Faker, Could Come To America: Which Teams Could Get Ahold Of The Immortal Demon King?
Tuesday, November 29, 2022 - 12:19pm | 969By Juan Ignacio Boscato Lee “Faker” Sang-Hyeok is, without a doubt, the biggest star of the "League of Legends" world (developed by Tencent (OTC: TCEHY)'s Riot Games) and he is considered to be the best in history. In Korea, he is called the Immortal Demon King; he was a...
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Meet Furious Gaming: The eSports Team That Thrives Alongside Soccer Superstar Paulo Dybala As It Seeks To Diversify Revenue Streams
Monday, November 21, 2022 - 3:05pm | 1332By Juan Ignacio Boscato Boasting 10 years of history, it is one of the pioneers in Latin America. In 2021, it grew by 300% and now aims to drive the development of the entire region. Furious was born in 2012. It was inspired by the love of its founder and present CEO, Gonzalo García, for...