ambitious

Take-Two posts modest Q1 growth as it hypes ‘most ambitious development pipeline in our history’

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Take-Two today released its financial results for its fiscal first quarter of 2025, covering the three months ended June 30, with bookings up marginally but losses deepening. Figures for the first quarter of the fiscal year Net income: $1.34 billion (up 4% year-over-year) Net loss: $262 million (compared to a loss of $206 million in … Read more

Bungie lays off another 220 staff, acknowledging it was “overly ambitious”

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Bungie will lay off 220 developers, representing 17% of its total workforce. Bungie boss Pete Parsons says the cuts are necessary “to make substantial changes to our cost structure and focus development efforts fully on Destiny and Marathon.” “This morning, I want to share with you all some of the most difficult changes we've had … Read more