Topic: corporate history
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Embracer Sells Arc Games & Cryptic Studios
Embracer Group has sold Arc Games and Cryptic Studios to Project Golden Arc for $30 million, as part of its strategy to refocus business priorities and streamline operations. Arc Games publishes live service titles like Star Trek Online and Neverwinter, while Embracer retains publishing rights fo...
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Tesla Chair Calls Musk's $1T Pay Debate 'Weird'
Tesla shareholders will vote in November on a proposed $1 trillion compensation package for CEO Elon Musk, which the board argues is necessary to motivate him through future challenges. Board chair Robyn Denholm stated that Musk's main interest is gaining greater voting influence, not personal we...
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Quilt Secures $20M to Scale Heat Pump Sales Nationwide
Quilt, a California-based heat pump startup, has raised $20 million in Series B funding to expand nationally, following a $33 million Series A round earlier in 2024. The funding round was led by Energy Impact Partners and Galvanize, with the latter's Veery Maxwell and former Nest CFO Tom vonReich...
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