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Ubisoft is continuing its efforts to course-correct after several challenging years. Today, the video game company announced that it will launch a subsidiary centered around three of its most familiar franchises: Assassin's Creed, Far Cry and Tom Clancy's Rainbow Six. The as-yet-unnamed subsidiary will fold in the teams working on those three series, including Ubisoft studios in Montréal, Quebec, Sherbrooke, Saguenay, Barcelona and Sofia. This new business will receive an investment of 1.16 billion (roughly $1.25 billion) from its longstanding partner Tencent, granting the conglomerate a minority ownership stake. Following the transaction, Ubisoft will narrow focus to its other franchises, such as The Division and Tom Clancy's Ghost Recon. "Today Ubisoft is opening a new chapter in its history," CEO and Co-Founder Yves Guillemot said. "As we accelerate the companys transformation, this is a foundational step in changing Ubisofts operating model that will enable us to be both agile and ambitious." Ubisoft has been cutting costs and jobs over the past several months after several of its new projects flopped. There have been hints for a while that the company's leaders were interested in either finding a buyer or exploring a joint venture with Tencent to help reverse its fortunes. It's encouraging that the recent Assassin's Creed: Shadows has already reached 3 million players, but Ubisoft will probably need a few more wins to fully stabilize. There is some extra good news in the announcement. The description of the new subsidiary does specify that "it will drive further increases in quality of narrative solo experiences." So while we can expect to also see multiplayer and free-to-play offerings from the Ubisoft umbrella, they aren't giving up on single-player games.This article originally appeared on Engadget at https://www.engadget.com/gaming/ubisoft-spins-out-subsidiary-with-a-billion-dollar-investment-from-tencent-183516992.html?src=rss
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Meta has spent the last few years remaking Facebooks main feed into a discovery engine that primarily serves up recommended content from pages, groups and accounts users dont already follow. But while the company has said the change is necessary to compete with TikTok, its also frustrated Facebook users who miss seeing posts from people they actually know. Now, Meta is trying to remedy this with a revamped Friends section of the app that will only show posts and content related to your Facebook friends. The company says the update is the first of many meant to bring OG features back into the 21-year-old social network. With the update, the Friends tab of the Facebook app that used to only be for friend requests will now be home to a feed exclusively made up of content related to your friends. This includes feed and Story posts, as well as Reels, birthdays, friend requests and people you may know suggestions. While Meta is spinning the change as a part of a larger push to make Facebook feel more social, its not the first time the company has offered dedicated feeds for friend only content. In fact, Mark Zuckerberg showed off dedicated friends feed in 2022 amid the companys push to bring more recommendations to users home feeds. That feed, which surfaces posts from friends in reverse chronological order, is still available, though its somewhat buried in the app. Its not clear what else Meta has in store for other OG Facebook features that could play on nostalgia for the 21-year-old social network. (Facebooks once infamous poke feature already had a brief resurgence last year.) But its apparently a priority for Zuckerberg. I actually think that there's this whole opportunity that I think is going to be pretty fun to to go after and build which is just to kind of go one-by-one and build up a a bunch of these things that used to be these joyful experiences that people had as part of Facebook that just kind of don't exist on the internet today, Zuckerberg said in a podcast appearance promoting the change.This article originally appeared on Engadget at https://www.engadget.com/social-media/mark-zuckerberg-decides-content-from-your-actual-friends-is-an-og-facebook-feature-180803853.html?src=rss
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More than a decade after debuting on the iPhone in 2014, the Monument Valley series is making its way to Switch consoles. On Thursday, Nintendo announced Monument Valley and Monument Valley 2 would hit the eShop on April 15, with Monument Valley 3, the most recent entry in the series, arriving sometime this summer. This isn't the first time Monument Valley and Monument Valley 2 have been available outside of mobile devices. In 2022, series creator Ustwo Games released the two games on PC. The work the studio did then likely made the job of porting the games to Switch a lot easier; there was likely no need to rework the art assets for the console's widescreen display. Both games will come with all the additional chapters, add-ons and DLC Ustwo released over the years. For most people, this will probably be their first chance to play Monument Valley 3. Although the game has been available on mobile devices since the end of last year, it requires a Netflix subscription to access, and with the cost of the Standard plan increasing at the start of the year to $18 per month, it's understandable if you decided to skip it. This article originally appeared on Engadget at https://www.engadget.com/gaming/nintendo/the-monument-valley-games-are-finally-coming-to-the-switch-171801177.html?src=rss
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Marketing and Advertising
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