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Top related persons:
John Riccitiello - 6 James Whitehurst - 6 Unity - 3 Roelof Botha - 3 Davidson - 2 Riccitiello - 2 Riccitiello's - 1 it's - 1
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Israel Bengaluru
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Unity - 5 Unity Software - 4 Red Hat - 2 Red - 2 Unity's - 2 Luna - 1 Software - 1 Sequoia Capital - 1

Search resuls for: "James Whitehurst"


6 mentions found


☆ Unity shares sink on weak guidance
  + stars: | 2024-02-26 | by ( Jonathan Vanian | In | ) www.cnbc.com   time to read: +2 min
Unity Software shares plummeted 17% in extended trading on Monday after the gaming software company issued weaker-than-expected guidance for the current quarter. The company said going forward, it would only provide revenue guidance for its "strategic portfolio," which includes its engine, cloud and monetization business units. The company said first-quarter guidance for its strategic portfolio would come in between $415 million and $420 million. "We are right sizing our cost structure to grow from a healthy financial position," Unity said in a shareholder letter. WATCH: Unity Software cutting 25% of workforce
Persons: Unity, John Riccitiello, James Whitehurst, Riccitiello's Organizations: Unity Software, Luna, Red Hat, Unity, Software
☆ Unity Software to lay off 1,800 employees, or 25% of staff
  + stars: | 2024-01-08 | by ( Jonathan Vanian | In | ) www.cnbc.com   time to read: +2 min
Unity Software said Monday that it's cutting 1,800 jobs, or about 25% of its workforce, in the latest round of layoffs at the gaming technology company. Unity said in a regulatory filing that the cuts are part of a corporate restructuring plan. In September, Unity announced a pricing change that upset numerous developers who rely on the company's technology to create video games. The following month, John Riccitiello retired as Unity's CEO, also stepping down as chairman and leaving the board. WATCH: Unity Software's John Riccitiello retiring as president and CEO
Persons: Unity, it's, John Riccitiello, James Whitehurst, Roelof Botha Organizations: Unity Software, Unity, Red, Unity's, Sequoia Capital
☆ Here are 20 stocks I'm watching Tuesday, including Lilly, AMD and Goldman Sachs
  + stars: | 2023-10-10 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Here are some of the tickers on my radar for Tuesday, Oct. 10, taken directly from my reporter's notebook:If you like this story, sign up for Jim Cramer's Top 10 Morning Thoughts on the Market email newsletter for free. Harley-DavidsonRivian AutomotiveRealty IncomeMizuho lowers WalgreensJMP and Barclays lower RobinhoodBlockUnity Software CEO John Riccitiello out. James Whitehurst, former Red Hat chief in at UnityCiti takes Corning
Persons: Jim Cramer's, Davidson, John Riccitiello, James Whitehurst, Corning Organizations: Realty, Walgreens, Barclays, Unity Software, Red Hat, Unity Citi
☆ Stocks making the biggest moves midday: Block, Truist, PepsiCo, Rivian and more
  + stars: | 2023-10-10 | by ( Hakyung Kim | ) www.cnbc.com   time to read: +3 min
Solar companies — Shares of solar companies rallied Tuesday, putting the Invesco Solar ETF (TAN) on pace for its best day since March 21. The defense and aerospace companies rose Monday after the Israel-Hamas war began over the weekend. Rivian — Shares of the electric vehicle manufacturer rose more than 5% after UBS upgraded the stock to buy from neutral. Block — Shares added 5.5% after Bank of America reiterated its buy rating on the payments stock. Unity Software — The video game software company added 3.2%.
Persons: Skechers, SolarEdge, Hannon Armstrong, Baird, Rivian, Joseph Spak, Semafor, Jason Kupferberg, efruxifermin, John Riccitiello, James Whitehurst, Davidson, — CNBC's Pia Singh, Tanaya Macheel, Jesse Pound, Michelle Fox, Lisa Kailai Han, Samantha Subin Organizations: UBS, Palantir Technologies, U.S . Army, PepsiCo, LSEG, Sustainability, Bank of America, Electronic Arts, EA's FIFA, Technologies, Northrop Grumman, Hamas, Truist, Therapeutics, Unity Software, Unity, Arm, Deutsche Bank, JPMorgan, Arm Holdings Locations: Israel
☆ Unity Software CEO to retire effective immediately
  + stars: | 2023-10-09 | by ( ) www.reuters.com   time to read: 1 min
Oct 9 (Reuters) - Video-game software maker Unity (U.N) said on Monday John Riccitiello would retire as chief executive officer, effective immediately. The company has appointed James Whitehurst as interim CEO and Roelof Botha as chairman, it said in a statement. He joined IBM through the acquisition of software company Red Hat, where he was president and CEO from 2008 to 2020. Riccitiello would continue to advise Unity and the board would initiate a process to appoint a permanent CEO. The company behind the Unity Engine software had in September rolled back key parts of a new "runtime fee" pricing policy that sparked backlash from gaming developers.
Persons: John Riccitiello, James Whitehurst, Roelof Botha, Whitehurst, Riccitiello, Samrhitha, Shilpi Majumdar Organizations: Unity, IBM, Hat, Thomson Locations: Bengaluru
☆ Unity CEO John Riccitiello is retiring from gaming software company after controversial pricing change
  + stars: | 2023-10-09 | by ( Jonathan Vanian | ) www.cnbc.com   time to read: +2 min
Unity CEO John Riccitiello is retiring from the gaming software company following a controversial pricing change that frustrated numerous developers. Riccitiello, who has been running Unity for nine years, will also step down as chairman and is leaving the board, the company said Monday. James Whitehurst, former CEO of Red Hat, will become Unity's interim CEO. Unity said it will begin searching for a permanent CEO and Riccitiello "will continue to advise Unity to ensure a smooth transition." In September, Unity announced a pricing change that upset numerous developers who rely on the company's technology to create video games.
Persons: John Riccitiello, James Whitehurst, Roelof Botha, Unity, It's, Riccitiello, John Riccitello Organizations: Red, Sequoia, Unity's, Unity
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