What You (might've) Missed Last Week: February 16 - February 22, 2025

[Welfare]

Welfare has published a news story:

What You (might've) Missed Last Week: February 16 - February 22, 2025.

This feature will go over big-ticket news and milestones I noticed throughout last week. I'll be linking the discussion threads for all these topics (if they exist) if you want to share your thoughts with our community.

NetEase goes crazy, laying off Marvel Rivals team despite 40 million players

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Industry News  Thread '[Bloomberg] NetEase’s Billionaire CEO Slashes Jobs and Games in Profit Push'

Feb 21, 2025

(Bloomberg) -- After years of expanding overseas, video-game billionaire William Ding is hitting the brakes at NetEase Inc., the pioneering Chinese company behind hits like Eggy Party and its newest blockbuster Marvel Rivals.

Ding, 53, who founded the company and is chief executive officer, has cut hundreds of jobs, closed or idled game studios and pulled back on international investment as he...

• Joseki
• Replies: 19
• Forum: The Market

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