Tim Sweeney: Last News

Todd Spangler NY Digital Editor Epic Games, maker of the popular Fortnite game, scored a big win in its legal fight with Google after a federal jury found the internet giant operated a monopoly over Android apps. Following a monthlong trial, a jury in U.S. District Court in San Francisco issued a verdict Monday that found that Google has monopoly power in the Android app distribution markets and in-app billing services markets.

Todd Spangler NY Digital Editor UPDATE, 3/8, 1:15 p.m. ET: In an about-face, Apple restored Epic Games‘ developer account for Sweden, two days after terminating it over what the tech giant said was Epic’s “egregious breach of its contractual obligations to Apple.” Epic said Apple’s reversal will allow it proceed with plans to launch battle-royale game “Fortnite” and the Epic Games Store in European countries.

UPDATED, 5:30 PM: After a three-year legal battle, a California jury today found that Google violated antitrust laws when it removed Fortnite maker Epic Games and other publishers from its app store. The jurors in San Francisco found in favor of Epic on all of the 11 claims.

Epic Games has announced the loss of 830 employees in a round of layoffs, with “two-thirds” of these roles outside of game development ventures.Through this, CEO Tim Sweeney aimed to “[cut] costs without sacrificing development or lines of businesses” and guarantee the continued efficacy of the company’s development functions.“For a while now, we’ve been spending way more money than we earn, investing in the next evolution of Epic and growing Fortnite as a metaverse-inspired ecosystem for creators,” explained Sweeney in a post to the Epic Games official website.“I had long been optimistic that we could power through this transition without layoffs, but in retrospect I see that this was unrealistic.”Of these 830 employees, Epic Games will lose 250 employees resulting from divestitures from Bandcamp and SuperAwesome. Bandcamp will be owned by Songtradr and “most” of SuperAwesome will be taken over by SuperAwesome Leadership.Those affected will benefit from a severance package that contains career transition services, visa support, six months base pay, the opportunity to “accelerate people’s stock option vesting schedule through the end of 2024” and six months of Epic-paid healthcare in the United States, Canada and Brazil.There will be no further redundancies in the future, affirmed Sweeney.

Todd Spangler NY Digital Editor Epic Games is slashing its workforce by 16%, laying off about 830 employees, as it looks to cut costs and put the Fortnite maker on viable financial footing. The cutbacks were announced in an internal memo from Epic CEO Tim Sweeney.

Facebook founder Mark Zuckerberg - who is so passionate about the idea that he renamed his company to 'Meta' - argued that we'll one day spend the majority of our time inside the metaverse. Zuckerberg said: "A lot of people think that the metaverse is about a place, but one definition of this is it's about a time when basically immersive digital worlds become the primary way that we live our lives and spend our time."I think that's a reasonable construct." However, not everyone is convinced—not least Tim Sweeney, CEO of 'Fortnite' creators Epic Games.

Todd Spangler NY Digital EditorLego Group is linking arms with Epic Games, the company behind hit battle-royale game “Fortnite,” to jump into the metaverse — in a way that will be “safe and fun for children and families,” the companies announced.Lego and Epic Games inked a long-term partnership under which they will build an “immersive, creatively inspiring and engaging digital experience” for kids. Details were sparse in the initial announcement; currently, there’s no ETA on when this might launch, what it will look like, or what the monetization model will be.The companies said the new property will give kids tools to become “confident creators… in a safe and positive space.” Lego and Epic Games said they have agreed to three principles for a kid-safe metaverse: Protect children’s “right to play” by making safety and well-being a priority; safeguard children’s privacy by putting their best interests first; and empower children and adults with tools that give them control over their digital experience.

Fortnite brought back Tilted Towers, dataminers are speculating that the iconic location could be set for yet another disaster.On January 18, Epic Games brought back the original Tilted Towers, however there’s a good chance that it doesn’t stay in one piece for much longer.Several dataminers (via PCGamesN) have shared that they believe Tilted Towers could once again be in danger, after discovering a map that show the appearance of sizeable craters surrounding the location. As outlined by dataminer FortTory, the three craters form a triangle that leaves Tilted Towers sitting in the middle.We just got Tilted Towers back, but i'm a little bit scared..Three upcoming craters, all located around Tilted Towers.

Ninja Theory‘s co-founder Tameem Antoniades has talked about the team’s goals with Senua’s Saga: Hellblade 2, which mostly revolves around completely outshining the previous title.In an exclusive interview with NME, Antoniades said that the team’s ambition has taken the form of an all-encompassing approach to the idea of “capturing reality.”“The goal with Hellblade 2 isn’t to perfect it, but to create an experience that feels more believable and more refined. Its ambition in terms of scale is bigger.

Wired sees Mark Cerny discuss his role in creating the PlayStation 5 system and the challenges included.Mark Cerny is a developer who worked on games like Crash Bandicoot and Marvel’s Spider-Man. He was the lead systems architect for creating the PS5 and, in the video, discusses how the console came to be (thanks, VGC).“We’d been getting requests for an SSD all the way back to PlayStation 4,” Cerny said.

Epic Games CEO Tim Sweeney wants a one-stop digital shop where gamers across all platforms can purchase software.Speaking to Bloomberg, Sweeney said “What the world really needs now is a single store that works with all platforms.

Epic Games, the mega-publisher behind Fortnite, and the Epic Games Store has said that it’s “open to games that support cryptocurrency of blockchain-based assets”.Epic has told The Verge that it is willing to work in what it calls a “new field”.

Epic Games CEO Tim Sweeney has accused Apple of keeping Fortnite blacklisted from its flagship operating system, iOS.Following a lengthy legal battle between Apple and Fortnite developers, Epic Games CEO Tim Sweeney has accused Apple of reneging its promise to reinstate the battle royale to the iOS App Store.“Apple lied,” he said in a statement via Twitter. “Apple spent a year telling the world, the court, and the press they’d ‘welcome Epic’s return to the App Store if they agree to play by the same rules as everyone else’.

Todd Spangler NY Digital EditorTech billionaire Elon Musk took a swing at Apple, siding with “Fortnite” maker Epic Games in its fight against the tech giant’s App Store policies that take a standard 30% cut of payment transactions.“Apple app store fees are a de facto global tax on the Internet.

Epic Games, has shared his own excitement following the announcement of Valve‘s Steam Deck console.Taking to Twitter yesterday (July 15), Sweeney shared the Steam Deck announcement to his own page with some positive words.Describing it as an “amazing move” by Valve, Sweeney seemed particularly excited by the “open platform where users are free to install software o[f] their choosing”.Predictably, he mentions that users can choose to download “Windows or other stores”, which likely suggests that his own site – the Epic Games Store – will be available on the platform despite being Steam‘s main PC storefront competitor.Amazing move by Valve! A handheld PC/console hybrid running the SteamOS fork of Arch Linux, and it’s an open platform where

Tweet sent earlier today (June 24), Epic Games founder and CEO Tim Sweeney has confirmed that the Epic Games Store will eventually add a shopping cart feature for users.Sweeney reiterated in the message (see below) that the Epic Games Store still doesn’t have a shopping cart feature, noting that “someday it will have a shopping cart”.So, like, the Epic Games Store doesn’t have a shopping cart. It ought to have a shopping cart.

Fortnite made more than £3.6billion ($5billion USD) revenue for Epic Games within its first year of release, new documents reveal.The documents, made available as part of Epic and Apple’s ongoing legal battle over the implementation of App Store policies and how they affect earnings for Epic from Fortnite, were uploaded on The Verge as part of its case coverage.As part of the case, Epic Games CEO Tim Sweeney gave a testimony yesterday (May 2) about the nature of Epic’s business and Fortnite‘s place in it.New York Times reporter Erin Griffith covered Sweeney’s testimony on Twitter, and wrote that Sweeney had stated that Epic made £3.6billion ($5.1billion USD) gross revenue in 2020.Sweeney says Epic employs 3200 people, has offices around the

Sony Group has made another $200 million investment in Epic Games, the developer ofFortniteand the Unreal Engine used increasingly in Hollywood production, as part of a $1 billion round of funding for the company. Epic said the new financing values it at $28.7 billion.It added that the firm "continues to have only a single class of common stock outstanding, and CEO Tim Sweeney remains the controlling shareholder of the company." The deal comes after Sony last year acquired a $250 million minority stake in Epic Games.

Epic Games, the company behind Fortnite, said it has raised $1 billion in new funding and has reached a valuation of $28.7 billion.

Epic Games founder and CEO Tim Sweeney has responded to reports that the Epic Games Store has been losing huge sums of money.Over the weekend, PCGamer shared reports that Epic Games was losing over hundreds of millions of dollars through its Epic Games Store dating back to 2019. The losses, which total to over a quarter of a billion dollars, stems from Epic Games’ efforts to bring gamers to the store through exclusives and free games.The report, which includes information shared by Apple, alleges that Epic Games lost £132million on the Epic Game store in 2019, with additional projected losses of £199million in 2020 and £101million in 2021.

Fortnite developer Epic Games has purchased Tonic Games Group, the parent company ofFall Guys developer Mediatonic. "It's no secret that Epic is invested in building the metaverse and Tonic Games shares this goal," Epic Games CEO Tim Sweeney said in a statement announcing the purchase.