unity

Unity to lay off another 1,800 employees, representing 25% of its workforce

Just a few weeks after its most recent round of layoffs, Unity is once again reducing its workforce. This time, around 1,800 employees will lose their job in the coming weeks as the company is trying

The eternal struggle between open source and proprietary software

Whenever chaos engulfs a proprietary technology relied on by millions, the default knee-jerk reaction from many seems to be: “Hey, let’s see what the open source world has to offer.”

With Muse, Unity aims to give developers generative AI that’s useful and ethical

Unity is joining the rest of the gang in providing generative AI tools for its users, but has been careful (unlike some) to ensure those tools are built on a solidly non-theft-based foundation. Muse,

John Riccitiello steps down as unity CEO with former Red Hat chief exec Jim Whitehurst taking over for now

Weeks after upsetting developers with a proposed runtime fee, only to quickly backtrack on the idea, Unity announced today that CEO John Riccitiello was stepping down from his multiple roles as presid

Unity U-turns on controversial runtime fee and begs forgiveness

Unity has done a 180 on a controversial new pricing scheme that users of its cross-platform game engine almost unanimously disparaged.

Unity reportedly backtracking on new fees after developers revolt

Unity, the popular cross-platform game and media development engine, is on the defensive after receiving intense backlash over a controversial new fee structure, which developers using the platform de

Unity’s Apple Vision Pro game development tool opens in beta

Unity this morning announced that it has opened the beta version of its development platform for visionOS. PolySpatial, which was announced in conjunction with Vision Pro headset at WWDC, is designed

Life360, Sezzle, Unity, AppLovin and Wish disclose exposure to SVB in new statements

Though the Federal Reserve stated on Sunday that Silicon Valley Bank’s depositors, both uninsured and insured, will be made whole, several more tech firms disclosed their exposure to SVB over th

Unity’s earnings show just how hard it is to earn a 10x software multiple today

In the case of Unity, the lesson is simple: It's hard as hell to earn, let alone defend, a 10x revenue multiple in today's market.

Sequoia reveals in filing how much is sitting in its Sequoia Capital Fund (and yes, it’s a lot)

Almost a year ago to the day, the 50-year-old investing powerhouse Sequoia Capital announced that it had reorganized itself around a singular, permanent structure: The Sequoia Capital Fund. Now, thank

‘Nothing, Forever,’ an AI ‘Seinfeld’ spoof, is the next ‘Twitch Plays Pokémon’

“So, I was at the store the other day, and as I’m checking out, the cashier asks me if I have any coupons, and I say, ‘No coupon problem!'” recalls a pixelated, barely three-di

Unity and ironSource’s $4.4B merger is now complete

Unity‘s proposed merger with ironSource has formally concluded, with the two companies coming together to create an end-to-end platform for developers to build and monetize games. Unity, which i

The Open 3D Engine adds improved terrain creation and collaboration tools

For a long time, the world of 3D engines — especially for game developers — was all about Unity and Epic’s Unreal Engine. Then, when Amazon started its ill-fated attempt to get into

Startup yachts, Adam Neumann and wait what year is it again?

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Natasha took over Equity Monday this week alongside Grace, as

Unity rejects AppLovin’s $20 billion merger offer

Unity announced this morning that it is committed to its merger with ironSource and will reject AppLovin’s $20 billion proposal. Last month, the news broke that Unity — a widely used game

AppLovin wants to buy video game maker Unity for $20 billion

A year after going public, app growth and monetization agency AppLovin submitted an unsolicited proposal today to buy the game engine Unity in a deal worth $20 billion. But there’s a catch: Unit

Daily Crunch: Interactive gaming developer Unity merges with app monetization platform ironSource

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Unity is merging with ironSource in an all-stock deal valuing Ironsource at $4.4B in a big consolidation play for gaming

Update: The companies have confirmed the news here. ironSource is being valued at $4.4 billion in the all-stock deal. Part of the transaction will also involve Silver Lake and Sequoia, the two largest

Is data observability recession-proof?

What really caught our attention is that Monte Carlo's and Cribl's deals were announced now, right in the middle of a broad startup downturn.

Tripolygon, a 3D modeling software developer, lets metaverse creators make their own 3D assets

There are a number of ways to make money in the metaverse by participating in play-to-earn games, buying virtual real estate or creating 3D assets on metaverse platforms like Roblox, AltspaceVR and VR
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