Google Faces £13.6 Billion Lawsuit Over Alleged Self-Preferencing and Anticompetitive Practices
filed by Ad Tech Collective Action LLP, accusing it of anti-competitive practices and “self-preferencing” in the online advertising market, which allegedly caused financial losses for UK publishers. The Competition Appeal Tribunal has allowed the case to proceed, with Google’s legal director calling it “speculative.” The lawsuit includes all relevant UK publishers unless they opt out, with no costs due to third-party funding. Claudio Pollack of Ad Tech Collective Action stated this case is crucial for addressing Google’s market dominance. Google faces increasing regulatory challenges, including a recent loss to Epic Games.
Snapdragon Mobile Challenge Returns to Jakarta in 2024
The Snapdragon Mobile Challenge in Mobile Legends: Bang Bang will return to Jakarta in 2024, featuring Asia-Pacific’s top teams competing for a $150,000 prize pool. The tournament will be held at the Britama Arena, Mahaka Square Mall, from August 2-4. Tickets are priced as low as IDR 10,000 (approximately $0.70 USD). This event marks the first live Mobile Legends competition in Indonesia since last year, when local team ONIC Esports triumphed.
Revenant Esports Expands to Europe With New CS2 Roster
Revenant Esports, a leading Indian esports organization, is expanding to Europe with a new CS2 roster featuring top players NBK, adeX-, reiko, lauNX, and Nivera. The team will be based in Belgrade, Serbia. This marks Revenant’s global push, aiming for partnerships with European brands. CEO Rohit Jagasia emphasized the strategic vision behind this move, leveraging CS2’s significant European viewership. Revenant Esports currently competes in BGMI, Brawl Stars, and VALORANT, and holds partnerships with brands like Puma and AMD. The new CS2 roster will debut at the Skyesports Championship 2024, targeting qualification for the Shanghai Major.
MPL ID Partners with Ice Cream Brand Campina for Season 13 Playoffs
The MPL ID has announced a collaboration with Campina, introducing the new Tropicana Double Crunch ice cream flavor during the Season 13 playoffs. This partnership aims to engage young esports fans and enhance the tournament experience. Campina’s Sales & Marketing Director, Adji Andjono, expressed enthusiasm for the venture, noting the brand’s commitment to connecting with younger audiences. Moonton Indonesia’s PR Manager, Azwin Nugraha, also welcomed the collaboration.
GameStop Reports 26% Sales Decline in Q1 2024
GameStop has released its for the first quarter ended May 4, 2024, reporting a 26% drop in sales to $882 million, down from $1.2 billion the previous year. The company posted a net loss of $32.3 million, a 36% improvement from the $50.5 million loss in the same quarter last year. Hardware and accessories, which accounted for 57% of total earnings, saw a 30% decline in sales to $505 million, while software sales fell 29% to $240 million. GameStop did not hold an investor conference call or provide a current quarter outlook.
