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FTC bans non-compete clauses

The Federal Trade Commission today published a final rule banning non-compete clauses in contracts."Noncompete clauses keep wages low, suppress new ideas, and rob the American economy of dynamism, including from the more than 8,500 new startups that would be created a year once non-competes are banned," FTC Chair Lina M. Khan said in announcing the...

Tue Apr 23, 2024 23:43
As Twitch shuts down in South Korea, AfreecaTV and CHZZK lead streaming services in Q1

Sign up for the GI Daily here to get the biggest news straight to your inboxStreamElements and Streams Charts released a report today showing how the live streaming market split in South Korea and who is taking advantage of Twitch's departure from the country.Streaming platforms AfreecaTV and CHZZK are filling the gap, per their hours watched during...

Tue Apr 23, 2024 20:50
Now IGN details its answer to E3’s cancellation

IGN has shared the first details of its IGN Live consumer show, which is set to take place at the same time E3 used to.IGN Live will be at the Magic Box @ The Reef in Downtown LA between June 7th and 9th. The event will feature hands-on with games, plus multiple stages featuring interviews, panels, live podcasts and more. Companies set to attend the...

Tue Apr 23, 2024 20:01
Embracer CEO Lars Wingefors: "I'm sure I deserve a lot of criticism"

Sign up for the GI Daily here to get the biggest news straight to your inboxLars Wingefors, CEO of the Embracer Group, has acknowledged the backlash against himself and his company in the wake of mass layoffs and studio closures.Speaking to after the group announced it would be split into three, Wingefors told us he has been "taking...

Tue Apr 23, 2024 18:18
EGX and MCM come together for 2024

This year’s EGX games event will take place alongside MCM Comic-Con in the UK.The two events will take place at London Excel for three days from Friday, October 25th – Sunday, October 27th. One ticket will provide entry to both shows.The organisers at ReedPop insist the new combined event will feature all the elements that visitors love from both conventions,...

Tue Apr 23, 2024 17:00
Former Square Enix of America CEO reflects on betting on new IP

Sign up for the GI Daily here to get the biggest news straight to your inboxIn a hits-driven industry such as video games, investing in new and emerging IP is often considered a financial risk. As budgets rise, so do expectations. While new games like Helldivers 2 and Palworld find fame and success, Immortals of Avenum struggled to the point where...

Tue Apr 23, 2024 16:30

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