Google’s Russian division is filing for bankruptcy
Google's Russian division submitted a notice of intention to declare bankruptcy after officials seized its bank account. That "has made it untenable for our…
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division
Bill Simmons tapped to head Spotify’s global sports division
Spotify has promoted The Ringer’s Bill Simmons to a new role as head of global sports strategy, reported Deadline. Simmons has worked under the streaming…
Trouble in the metaverse: Meta announces cuts in its RealityLabs division
Facebook parent company, Meta, has announced cutbacks in its RealityLabs division. This branch of the company focuses on Meta’s…
Meta reveals it spent $2.96 billion on VR Reality labs division last quarter
During its latest earnings call, Meta revealed that its Reality Labs division is losing close to $3 billion USD (roughly 3.8 billion CAD) each quarter.…
Meta’s Reality Labs Division Posts $2.9 Billion in Losses in Q1 2022, Zuckerberg Still…
Facebook owner Meta has revealed in an earnings report that its virtual and augmented reality division, Reality Labs, has posted roughly $2.9 billion…
Meta’s Reality Labs Division Posts $2.9 Billion in Losses in Q1 2022
Facebook owner Meta has revealed in an earnings report that its virtual and augmented reality division, Reality Labs, has posted roughly $2.9 billion…
Netflix Games adds Boss Fight Mobile Gaming Studio to its growing mobile gaming division | Digit
This is the third gaming studio bought by Netflix so far and marks the second this month itself.Netflix has been in a buying frenzy lately as it has made the…
Cowen Launches Specialised Crypto Division to Take Lead on Increasing Crypto Interest
Cowen, an independent investment bank in the US, has officially created a cryptocurrency and digital asset section as it seeks to lead US-based banks in the…
US-Based Investment Bank Cowen Launches Crypto Division
Cowen, an independent investment bank in the US, has officially created a cryptocurrency and digital asset section as it seeks to lead US-based banks in the…
BuzzFeed cutting jobs, top editors leaving news division
BuzzFeed is reorienting and shrinking its news division as the digital media company best known for its lighthearted quizzes strives to…