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Top related persons:
John Riccitiello - 2 James Whitehurst - 2 Matt Bromberg - 1 Bromberg - 1 we're - 1 Unity - 1 Riccitiello's - 1
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Unity Software - 2 CNBC - 1 Zynga - 1 Electronic Arts - 1 Bromberg's - 1 Red - 1 Luna - 1 Red Hat - 1

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2 mentions found


☆ Unity's new CEO pitches 'fundamentally different company' after rough year
  + stars: | 2024-10-17 | by ( Kif Leswing | ) www.cnbc.com   time to read: +1 min
Five months into his tenure as CEO of Unity Software , Matt Bromberg is overseeing his first big product launch as he tries to push the company past an extended stretch of challenges. On Friday, the video game software company announced the sixth version of its flagship product, Unity Engine, a set of tools developers can use to produce games across a number of devices, including iPhones and Android phones. He previously spent almost six years as COO of mobile game company Zynga, which was acquired by Take-Two Interactive in 2022, and more than four years at Electronic Arts . James Whitehurst, former CEO of Red Hat, was serving as interim CEO until Bromberg joined. The new CEO's first big challenge was unwinding Riccitiello's decision to implement what became known as the "Unity Runtime Fee."
Persons: Matt Bromberg, Bromberg, we're, John Riccitiello, James Whitehurst Organizations: Unity Software, CNBC, Zynga, Electronic Arts, Bromberg's, Red
☆ 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
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