Latest news with #TomClancy
Yahoo
10-07-2025
- Business
- Yahoo
Ubisoft General Shareholders' Meeting, July 10, 2025
PRESS RELEASE GENERAL SHAREHOLDERS' MEETING,JULY 10, 2025 Paris, July 10, 2025 - The Annual General Meeting of shareholders of Ubisoft was held on 10 July 2025 in Paris and was chaired by Yves Guillemot, Chairman of the Board of Directors and Chief Executive Officer. At this meeting, the shareholders present or represented held an aggregate of 59.85% of outstanding shares. All resolutions were approved by a large majority, showcasing the broad support of the shareholders in Ubisoft's strategy. In particular, the shareholders voted for the appointments of two new independent directors, Axelle Lemaire and André Loesekrug-Pietri who have demonstrated leadership as well as expertise in Technology and Public Affairs. Axelle Lemaire, who formerly served as Secretary of State for Innovation and Digital Affairs in the French Government, is currently a member of the Executive Committee at Sopra Steria in charge of Corporate Responsibility, and brings a unique combination of public policy expertise, digital innovation leadership and CSR. André Loesekrug-Pietri, currently President and Chief Scientist Officer of the Joint European Disruption Initiative, has previously held senior positions in government, entrepreneurship, industry and private equity, including 10 years in China. He is a leader at the forefront of European technology sovereignty with significant Finance expertise. Ubisoft welcomes them to its Board of Directors and looks forward to benefiting from their respective experiences, which will contribute to support Ubisoft's strategy and its transformation over the coming years. The Board expresses its gratitude for the many years of service of the two outgoing independent directors, Laurence Hubert-Moy and Corinne Fernandez-Handelsman. The vote also led to the renewals of Claude France, Ubisoft's Lead Independent Director and Chair of the Audit & Risk Committee, as well as the mandates of Christian Guillemot and Michel Guillemot. Ubisoft thanks the shareholders who attended the General Meeting for their valuable contributions to the discussions. The results of the vote on each resolution will be available on the Company's website ( Contacts Investor Relations Alexandre Enjalbert Head of Investor Relations + 33 1 48 18 50 Press Relations Michael BurkVP Corporate Communications About UbisoftUbisoft is a creator of worlds, committed to enriching players' lives with original and memorable entertainment experiences. Ubisoft's global teams create and develop a deep and diverse portfolio of games, featuring brands such as Assassin's Creed®, Brawlhalla®, For Honor®, Far Cry®, Tom Clancy's Ghost Recon®, Just Dance®, Rabbids®, Tom Clancy's Rainbow Six®, The Crew® and Tom Clancy's The Division®. Through Ubisoft Connect, players can enjoy an ecosystem of services to enhance their gaming experience, get rewards and connect with friends across platforms. With Ubisoft+, the subscription service, they can access a growing catalog of more than 100 Ubisoft games and DLC. For the 2024–25 fiscal year, Ubisoft generated net bookings of €1.85 billion. To learn more, please visit: © 2025 Ubisoft Entertainment. All Rights Reserved. Ubisoft and the Ubisoft logo are registered trademarks in the US and/or other countries. Attachment Ubisoft General Shareholders' Meeting, July 10, 2025Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
10-07-2025
- Business
- Business Insider
Ubisoft Stock (UBSFY) Climbs on Layoffs
Ubisoft (UBSFY) stock was up on Wednesday after the video game developer and publisher confirmed new layoffs. This affects 19 members of Red Storm Entertainment, the development team behind Star Trek: Bridge Crew and games in the Tom Clancy's series. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to Ubisoft, these layoffs are part of its previously announced restructuring plans. The company also noted that its latest round of layoffs won't extend to other developers. It has also offered severance packages, extended healthcare benefits, and career transition assistance to employees affected by the layoffs. Interestingly, Red Storm Entertainment's website notes that it is still hiring. The recent Ubisoft layoffs came after the company received $1.25 billion in new funding from Tencent (TCEHY). The Chinese video game developer provided the company with much-needed cash when it was in a tough financial position. Even with those funds, the company has determined that organizational changes are required to continue operations. Ubisoft Stock Movement Today UBSFY stock was up 0.47% as of Wednesday morning, but remains down 21.69% year-to-date. The shares have also fallen 56.38% over the past 12 months. Today's movement came with heavy trading, as some 40,000 shares were traded, compared to a three-month daily average of roughly 1,750 units. Is Ubisoft Stock a Buy, Sell, or Hold? Turning to Wall Street, there's a lack of significant coverage for the video game company. Even so, Spark, TipRanks' AI analyst, has it covered. Spark rates Ubisoft a Neutral (56) with no price target. It cites the company's 'recovery trajectory with revenue growth and operational improvements' but warns of 'profitability issues, negative cash flow, and a challenging valuation' as reasons for this stance.
Business Insider
09-07-2025
- Business
- Business Insider
Ubisoft tells IGN it laid off 19 staff at ‘Tom Clancy' studio Red Storm
Ubisoft (UBSFY) confirmed to IGN that 19 workers have been laid off from its studio Red Storm Entertainment, which has worked on a number of 'Tom Clancy' games and 'Assassin's Creed Nexus VR.' 'Today, Ubisoft made the decision to eliminate 19 roles at Red Storm Entertainment,' the company said. 'This step is part of our ongoing, targeted restructuring and global cost-saving efforts, and reflects the needs on the studio's projects. While this was not an easy decision, it was a necessary one given our operational priorities. We remain committed to supporting those affected with comprehensive severance packages, extended health-care benefits, and career transition assistance. We deeply appreciate their hard work and the impact they've had on Ubisoft.' Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with , delivered to your inbox every week.
Saudi Gazette
25-06-2025
- Entertainment
- Saudi Gazette
A new collaboration between Ubisoft and Xbox Game Pass to support Rainbow Six Siege X and BLAST R6 esports
The ES Times — Ubisoft has officially announced an exciting partnership with Xbox Game Pass, Microsoft's popular subscription platform. This partnership spans the entire 2025 season and includes integrated support for Tom Clancy's Rainbow Six Siege X and the BLAST R6 esports program. A strong start in Rio de Janeiro The partnership kicks off during Reload 2025 in Rio de Janeiro, the first competitive stop for Rainbow Six Siege X. From now on, fans can expect advanced integration of Game Pass into several key moments of the BLAST R6 season. Among these moments are the November Major and the Six Invitational 2026, where players will notice a distinct presence of the Game Pass brand. Community events and exclusive experiences Throughout the season, Ubisoft and Xbox Game Pass will offer special community activities and dedicated play areas during major esports tournaments. Additionally, players will be able to meet their favorite content creators through exclusive sessions and unique giveaways. As a player who has been following the series for years, I find these initiatives give us, the community, closer opportunities to interact and participate. Special benefits for Game Pass Ultimate subscribers Starting June 2025, Game Pass Ultimate members will receive unique benefits in Rainbow Six Siege X. New offers will also be released continuously throughout the season to celebrate major competitive milestones. While these benefits will launch with Ultimate subscribers, the plan is to expand this support to a broader segment of users in the future. Official statements confirm the importance of the collaboration. François-Xavier Daniel, Ubisoft's Vice President of Esports, said: "We are excited to work with Game Pass to enhance the entire experience within Rainbow Six Siege X. Thanks to BLAST's support, we have the means to deliver enhanced features and premium content to a global audience." Chris Lee, Vice President of Xbox, added: "Our goal is to deliver even more value to Game Pass subscribers around the world. Partnering with Rainbow Six Siege is a strong step in that direction." More details coming soon Additional content, new events, and in-game surprises will be revealed throughout the 2025 esports season.
Time of India
13-06-2025
- Entertainment
- Time of India
NYT Mini Crossword Hints June 13, 2025: Clues, spoilers, and complete solution to solve the Friday challenge
Puzzle enthusiasts once again took to their morning rituals with the New York Times Mini Crossword , the bite-sized sibling of the famed full-scale crossword. On Friday, June 13, 2025, the puzzle served up a mix of lighthearted clues and clever wordplay. For players looking for help without revealing too much, here is a breakdown of today's mini crossword hint , followed by full answers. A Compact Challenge for the Curious Unlike the full crossword published for paid subscribers, the NYT Mini is freely accessible and resets daily at 10 p.m. IST. Despite its brevity—just a 5×5 grid—solvers often find it a test of agility and lateral thinking. Clues for today ranged from pop culture to beverage references, prompting both reflection and amusement. For solvers stuck on terms like 'dessert wine nyt mini' or 'sag nyt', the following hints and solutions are curated to enhance the experience without spoiling the fun outright. Hints for NYT Mini – Across Clues 1 Across: House and Doogie Howser, for short by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Costco Shoppers Say This Wrinkle Cream Is "Actually Worth It" The Skincare Magazine Undo Hint: Ends with 'S'; a medical profession abbreviation. 4 Across: Dessert wine Hint: Begins with 'P' and often served post-dinner. Live Events 5 Across: Mugful after a sledding excursion Hint: Starts with 'C' and a wintertime favourite. 6 Across: Desert whine? Hint: Ends with 'T'; think of a hot complaint. 7 Across: 'Like, yesterday!' Hint: Ends in 'P' and used in urgency. Hints for NYT Mini – Down Clues 1 Down: Chocolate-and-coffee drink Hint: Ends in 'A'; often ordered at cafés. 2 Down: Sag Hint: Starts with 'D'; think drooping posture. 3 Down: Three-point percentage, e.g. Hint: Starts with 'S'; a sports-related metric. 4 Down: Poofy toy dogs, familiarly Hint: Ends in 'S'; short and sweet pet nickname. 5 Down: Org. that employs Jack Ryan in Tom Clancy novels Hint: Ends with 'A'; central to espionage fiction. Full NYT Mini Crossword Answers – June 13, 2025 For those ready to verify their guesses or peek at the completed grid, here are the official answers for today's puzzle: Across Answers 1 Across: MDS 4 Across: PORT (notably, the dessert wine nyt mini clue) 5 Across: COCOA 6 Across: IMHOT 7 Across: ASAP Down Answers 1 Down: MOCHA 2 Down: DROOP (relevant to the sag nyt clue) 3 Down: STAT 4 Down: POMS 5 Down: CIA For numerous puzzle fans, solving the Mini has become as routine as coffee. Coupled with Wordle, Connections, and the newer Strands game, it completes the trifecta of daily brain teasers. With today's mix of beverage references (COCOA, MOCHA, PORT), pop culture nods, and clever phrasing ('Desert whine?' for IMHOT), it was an engaging start to the weekend. FAQs What is the NYT Mini Crossword? The NYT Mini Crossword is a compact, daily word puzzle from The New York Times . It features a 5×5 grid and is designed to be completed quickly, often in just a few minutes. Unlike the full-size crossword, the Mini is free to play. When is the NYT Mini Crossword updated? The puzzle resets daily at 10 p.m. IST (12:30 p.m. ET), offering a new challenge each day.
