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On 18 February 2011, Tencent acquired a majority of equity interest (92.78%) in Riot Games, developer of League of Legends, for about US$230 million. Tencent had already held 22.34% of the equity interest out of a previous investment in 2008. On 16 December 2015, Riot Games sold its remaining equity to Tencent.
On January 22, 2024, Riot Games announced a significant restructuring, leading to the layoff of 530 employees, which accounts for about 11% of the company's total workforce. The company also shut down Riot Games' indie publishing label, Riot Forge. The decision was made as part of Riot's strategy to refocus on fewer, high-impact projects ...
Phoenix Labs was founded in 2014 by Jesse Houston, Sean Bender, and Robin Mayne, all former developers with Riot Games. The founders were joined by former Bioware, Riot Games, Capcom, and Blizzard Entertainment developers. The first 23 of the studio's employees had all shipped games with Houston previously.
Riot Games came under review after a Kotaku report that year, based on interviews with a few dozen current and former female employees, that there was a culture of sexism at the company. The investigation led to a class-action lawsuit filed by the employees against Riot, which was eventually settled out of court for $10 million.
The 1992 Los Angeles riots (also called the Rodney King riots or the 1992 Los Angeles uprising) were a series of riots and civil disturbances that occurred in Los Angeles County, California, United States, during April and May 1992.
The company has its headquarters in London, near the Silicon Roundabout at Old Street, with a full-time senior management team including a CEO, CGO, Sales Director, Accounts Director and Head of Creative Services. Fnatic also runs an independent digital agency, Sannpa, for businesses looking to be involved in esports. [citation needed]
By 2011, Steam has approximately 50-70% of the market for downloadable PC games, with a userbase of about 40 million accounts. [17] [18] [19] In 2008, the website gog.com (formerly called Good Old Games ) was started, specialized in the distribution of older, classical PC games.
Wars (1,000–9,999 combat-related deaths in current or previous year) The 15 conflicts in the following list have caused at least 1,000 and fewer than 10,000 direct, violent deaths in the current or previous calendar year.