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Fortnite publisher Epic Games to lay off more than 1,000 employees to curb costs

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Fortnite publisher Epic Games to lay off more than 1,000 employees to curb costs


Fortnite publisher Epic Games to lay off more than 1,000 employees to curb costs

Epic Games on Tuesday said it will lay off more than 1,000 employees as the video game publisher moves to cut costs amid industry-wide pressures and company-specific challenges, AP reported.The Cary, North Carolina-based company said the job reductions are not linked to artificial intelligence, but reflect slower growth in the gaming sector, weaker consumer spending and rising cost pressures. It also noted that titles such as Fortnite are increasingly competing for users’ attention against social media and other digital entertainment platforms.The company added that it is also dealing with internal hurdles, including being “only in the early stages of returning to mobile” following prolonged legal battles with Apple and Google over app store payment systems.“This isn’t our first time being here. Epic survived upheavals in 1990s with the move from 2D to 3D with Unreal 1; in the 2000s building console games with Gears of War; and in 2012 moving to online gaming with Paragon and Fortnite,” chief executive and founder Tim Sweeney said in a memo to employees.“Market conditions today are the most extreme we’ve seen since those early days, with massive upheaval in the industry accompanied by massive opportunity for the companies that come out as winners on the other side,” he added.Epic said it will have around 4,000 employees after the latest round of layoffs, which account for roughly 20 per cent of its workforce.The company last undertook large-scale job cuts in 2023, when it laid off 830 employees, or about 16 per cent of its staff at the time.


We showed lot of mental toughness and strength: Arbeloa

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We showed lot of mental toughness and strength: Arbeloa



We showed lot of mental toughness and strength: Arbeloa

Vinicius Junior struck twice as Real Madrid shaded Atletico Madrid 3-2 in a thrilling derby clash on Sunday to stay on leaders Barcelona`s tail at the top of La Liga. After the Catalan giants edged Rayo Vallecano 1-0 earlier, Madrid ensured the gap to the champions stayed at four points by beating Diego Simeone`s side at the Santiago Bernabeu. Ademola Lookman put Atletico ahead in the first half but Vinicius and Federico Valverde`s strikes gave the hosts the lead soon after the interval. Nahuel Molina equalised for Atletico, fourth, with a spectacular effort from distance but Vinicius netted again to claim the three points for Los Blancos. Valverde was sent off for hacking Alex Baena in the final stages but his side held on to win in Alvaro Arbeloa`s first derby clash with Atletico since taking over in January. 

“We showed mental toughness and strength worthy of this club`s badge,” Arbeloa told reporters, proud of his team`s effort with 10 men. “It made things hard for us and we had to suffer a lot.” After ousting Manchester City in the Champions League last 16 on Tuesday, victory against Atletico completed a successful week for Arbeloa and his team. “We`re evolving and working hard so that in games like these Madrid fans can be happy, that the fans can enjoy themselves and that Madrid always win,” Vinicius told Real Madrid TV. “Everyone deserves credit, the coach, the players, the fans, all the work we`ve done this week. We were sure of our gameplan from the start and that made all the difference.” 

Alvaro Arbeloa. Pic/AFP

Vinicius`s double brought him to 10 goals in his last 11 matches across all competitions. “I`m very happy because I`ve worked all season for games like this,” added Vinicius. “When this moment of the season arrives, I don`t know why, I always improve.” Arbeloa has praised Vinicius since his first day at the helm and brought the best out of the forward after a barren spell under Xabi Alonso. “Another great game from Vinicius, another demonstration of bravery and character,” said Arbeloa. 

“A great goal to give us victory in a tricky moment, I`m so lucky to have him, for his commitment and his talent.” Arbeloa sent on Jude Bellingham as a substitute for his first appearance since February 1 after a hamstring injury, along with French superstar Kylian Mbappe, who returned midweek from a knee sprain. Neither had much of an influence as Madrid were forced to defend after Valverde`s foul on Baena bought him a red card. Madrid protested it was not severe enough of an offence to merit a dismissal, but to no avail. In 2023 Baena, then at Villarreal, accused Valverde of punching him after a game. Atletico are a point behind third-place Villarreal after they beat Real Sociedad on Friday. 

Barca scrape win 

Araujo nodded home from a corner after 24 minutes to secure Barca the three points at Camp Nou but goalkeeper Joan Garcia`s superb display played just as big a part in their victory. “We knew how important it was to get this win before the international break, we did it, but it`s true we suffered more than we would have liked,” Garcia told DAZN. Hansi Flick`s side were caught snoozing in the opening stages but Garcia made a fine save to deny Carlos Martin from close range. 

Recently called up by Luis de la Fuente to the Spanish national team for the first time, Garcia made several excellent saves to keep Rayo at bay, with the Madrid side dominant in the second half. At the other end, Raphinha was guilty of profligate finishing on numerous occasions, but the champions took the lead through Araujo`s header midway through the first half. Araujo has not featured much since taking a mental health break late last year, but came on as a substitute in Barca`s 7-2 Champions League rout of Newcastle in midweek. 

“I feel very good, physically well, it`s important that I can help the team,” said Araujo. Garcia denied Alvaro Garcia and then produced a spectacular save to push away Unai Lopez`s header. Pacha Espino should have pulled the visitors level but, after beating Barca`s high defensive line and staying onside, curled over the bar. Elsewhere Alaves produced a sensational comeback from three goals down to beat Celta Vigo 4-3 and move 16th. Athletic Bilbao, ninth, defeated fifth-place Real Betis 2-1 to stay in the fight for European football next season.

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever


Jessica Biel unhappy about Justin Timberlake`s DWI arrest footage

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Jessica Biel unhappy about Justin Timberlake`s DWI arrest footage



Jessica Biel unhappy about Justin Timberlake`s DWI arrest footage

Actress Jessica Biel is “not happy” following the release of the police body camera footage from husband Justin Timberlake`s 2024 DWI arrest, but she continues to stand by him.

According to a source, Biel is upset about the renewed attention the case has received after the footage was made public on March 20. The insider told PEOPLE that she finds the situation stressful and would rather move on from it.

The source shared that Biel is not pleased with how the footage reflects on Timberlake. “There`s a reason they pushed back on the footage being released,” the source told PEOPLE, adding that the incident “doesn`t portray him in the best light.”

Despite this, the source said Biel is still supporting her husband during this time. The insider added that she is focusing on her family and work while dealing with the situation.

“There have been some challenging moments lately, and she`s focused on moving forward,” the source told PEOPLE. “She`s the happiest when she`s able to focus on family life, along with her work when she chooses to take on projects.”

The source also said that Biel is honest about her feelings when she is disappointed. “She`s supportive of Justin, but she`s also not afraid to express when she`s disappointed in certain decisions. This was one of those moments,” the insider added.

Timberlake was arrested in June 2024 in Sag Harbor, New York, after leaving a restaurant. He was charged with driving while intoxicated, along with other violations. Later, he agreed to plead guilty to a lesser charge.

The singer had earlier tried to stop the release of the bodycam footage, saying it could harm his reputation. However, the footage was eventually released after a settlement with local authorities.

The video includes moments from the arrest, including when Timberlake spoke to officers and performed field sobriety tests. At one point, he said, “These are, like, hard tests,” and later added, “My heart`s racing.”

The pop star and the actress, who tied the knot in 2012, are parents to two kids, Silas, born in April 2015, and Phineas, born in 2020.

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever


Dhurandhar 2: Woman harassed during screening in Kanpur, accused beaten

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Dhurandhar 2: Woman harassed during screening in Kanpur, accused beaten



Dhurandhar 2: Woman harassed during screening in Kanpur, accused beaten

Aditya Dhar’s Dhurandhar: The Revenge has been the talk of the town ever since it hit theatres on March 19. While the Ranveer Singh-starrer has smashed several box office records, an unsettling incident during its screening in Kanpur has now grabbed attention, after a woman was allegedly harassed inside a cinema hall, leading to chaos outside the theatre.

Woman gets harassed during Dhurandhar 2 screening

A disturbing incident was reported from Kanpur, where a young woman was allegedly harassed inside a cinema hall during a late-night screening. The incident occurred on Monday at Gurudev Palace Talkies in the Rawatpur area, while the woman was watching Dhurandhar 2 with her family.

According to reports, the accused, who was seated next to her, allegedly tried to touch her inappropriately, taking advantage of the darkness inside the theatre. The woman immediately objected and raised an alarm, drawing attention to the situation and helping identify the man.

After the screening ended, the woman’s father confronted the accused outside the theatre. The situation escalated as he, along with other family members and bystanders, allegedly assaulted the man. Police were soon informed and reached the spot, after which they intervened, rescued the accused from the mob, and took him into custody for further investigation.

More about Dhurandhar 2

Directed by Aditya Dhar, actors Ranveer Singh, R. Madhavan, Arjun Rampal, Sanjay Dutt, Sara Arjun, and Rakesh Bedi are reprising their roles in the latest film. Set in Lyari town of Karachi, an area known for its history of gang wars and violent turf battles, Dhurandhar revolved around covert intelligence operations against the backdrop of geopolitical and terror events like the Kandahar plane hijack, the 2001 Parliament attack, and the 26/11 Mumbai attacks.

The sequel charts the rise of Singh`s character, Hamza Ali Mazari, in the Karachi underworld, while also delving into his origins as Jaskirat Singh Rangi, tracing the journey of the young man who eventually transforms into the covert operative. Due to the plot, the film has been under scrutiny, with several political leaders terming it as propaganda. Recently, a scene was also under scrutiny, after which the Sikh community sought the lodging of an FIR for hurting religious sentiments.




IPL champions RCB sold to Aditya Birla Group-led consortium for Rs 16,660 crore

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IPL champions RCB sold to Aditya Birla Group-led consortium for Rs 16,660 crore


In a landmark transaction that underscores the skyrocketing valuation of Indian cricket, the reigning Indian Premier League (IPL) champions, Royal Challengers Bengaluru (RCB), have been acquired by a high-profile consortium for a staggering USD 1.78 billion (Rs 16,660 crore).

The winning bid brings together a multi-industry consortium. The group is led by the Aditya Birla Group (ABG), the Indian multinational headed by Kumar Mangalam Birla, alongside The Times of India Group (ToI). Joining them are Bolt Ventures, spearheaded by American sports tycoon David Blitzer—an owner with significant stakes in the Philadelphia 76ers and Crystal Palace—and the global private equity giant Blackstone (BX.N), which is investing through its Blackstone Private Equity Strategies (BXPE).

The acquisition of RCB came in the second half of a historic double-header Tuesday for the IPL business. US-based consortium led by entrepreneur Kal Somani, backed by the families behind Walmart and Ford, reportedly secured the Rajasthan Royals franchise for USD 1.63 billion (Rs 15,342 crore)

The acquisition, announced on Tuesday, is currently awaiting formal approval from the Board of Control for Cricket in India (BCCI) and the Competition Commission of India. This transition of ownership from Diageo-owned United Spirits to a multi-industry powerhouse marks the most significant changing of the guard in the league’s 18-year history, occurring just days before RCB begins its title defence this Saturday.

Under the new leadership structure, Aryaman Vikram Birla, Director at Aditya Birla Group and a former professional cricketer, will serve as the Chairman of the franchise. Satyan Gajwani, Chairman of Times Internet, has been named Vice Chairman.

The seller, United Spirits Limited (USL)-the India arm of UK-based drinks giant Diageo – initiated a strategic review of its 100 percent holding in November. The company labeled the Bengaluru franchise as “non-core” to its primary alcohol business, choosing to capitalise on the league’s record valuation. Investment bank Houlihan Lokey recently pegged the IPL’s total value at a massive USD 18.5 billion, driven by skyrocketing team revenues and media rights.

‘RCB ONE OF THE MOST COMPELLING FRANCHISES’

The new owners expressed a shared vision to transform the “Bold” brand into a global sporting institution. Kumar Mangalam Birla, Chairman of the Aditya Birla Group, noted that the IPL has changed the face of Indian cricket.

“Over the past 2 decades, the IPL has morphed to become a global sporting powerhouse that has changed the face of Indian cricket creating enormous value for India. RCB, as one of the most compelling franchises in modern sport, offers the Aditya Birla Group a distinctive platform to extend its legacy of institution-building into the arena of global sport. We are delighted to become custodians of this asset and committed to further building this extraordinary legacy.”

The inclusion of Blackstone and Bolt Ventures signals a shift toward international sporting standards.

David Blitzer, Founder, Bolt Ventures, said: “RCB has a world-class fanbase, and the IPL is one of the great growth stories in global sport. Having invested in clubs and leagues around the world, I believe the opportunity at RCB stands out. We look forward to working alongside our partners and the BCCI to build on the franchise’s championship success.”

Viral Patel, CEO of BXPE, highlighted Blackstone’s long-standing commitment to India, while David Blitzer of Bolt Ventures pointed out that the opportunity at RCB stands out even among his global portfolio.

“We are excited to invest in RCB, building on Blackstone’s long-standing commitment to India. RCB stands out as one of the most popular sports franchises in the world with a powerful brand, a loyal fan base, and multiple avenues for growth. Together with our partners, we look forward to supporting the franchise’s enduring legacy and continued success.”

For Aryaman Vikram Birla, the transition is a privilege.

“It is a privilege to come together in this partnership to shape the next phase of growth for RCB. This partnership brings together a deep understanding of sports, media and consumer businesses. Together, we will continue to Play Bold – on the pitch, in the community, and for the fans who make RCB what it is,” he said.

– Ends

Published By:

Akshay Ramesh

Published On:

Mar 24, 2026 22:25 IST


Karnataka HC tells Ranveer Singh to apologise over Kantara mimicry; actor to submit affidavit, visit Chamundi temple

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Karnataka HC tells Ranveer Singh to apologise over Kantara mimicry; actor to submit affidavit, visit Chamundi temple


Ranveer Singh is basking in the success of his latest release, Dhurandhar 2. However, a controversy surrounding him has taken another turn. Last year, the actor sparked backlash after copping a fair amount of criticism for his mimicry of actor Rishab Shetty from Kantara 2. The mimicry took place at the closing ceremony of IFFI 2025, which Rishab also attended, when Ranveer took to the stage and did an exaggerated take on Rishab’s Daiva act from the Kantara films. He also erroneously referred to the daivas as ‘ghosts’. The actor had approached the Karnataka High Court to challenge the FIR registered against him.

Ranveer Singh imitated Rishab Shetty's climax scene from Kantara Chapter 1.
Ranveer Singh imitated Rishab Shetty’s climax scene from Kantara Chapter 1.

Ranveer to submit apology to court

As per the latest update on Live Law, the court heard the actor’s plea on March 24. Ranveer has informed the Karnataka HC that he is ready to file an affidavit tendering an unconditional apology for his actions and also visit the Chamundi temple as per the court’s order. The actor has previously apologised for his actions through his Instagram Stories.

During the hearing, complainant advocate Prashant Methal submitted before Justice M Nagaprasanna that the actor’s apology was insincere. He said, “Ranveer Singh’s apology was not a heartfelt apology… Because he has tweeted his apology from the handle run by his managers…”. Senior advocate Sajan Poovayya, who was appearing for the actor, submitted, “We will file an affidavit before the court.

Meanwhile, the court remarked that the actor should always feel remorse for the matter and understand that his position as an actor carries immense weight. Poovayya added that the actor will submit an apology and also visit Chamundi Temple.

About the controversy

On November 28 last year, at the International Film Festival of India (IFFI) held in Goa, Ranveer mimicked Rishab twice. He took to the stage and, while appreciating Rishab’s performance in Kantara: Chapter 1, began making faces. Rishab stood up and requested him not to do that. Ranveer also did the same while greeting and hugging Rishab, with the Kannada actor-filmmaker asking him not to again.

Ranveer had earlier shared a note of apology on the issue. It read, “My intention was to highlight Rishabh’s incredible performance in the film. Actor to actor, I know how much it would take to perform that particular scene in the way that he did, for which he has my utmost admiration. I have always deeply respected every culture, tradition and belief in our country. If I’ve hurt anyone’s sentiments, I sincerely apologise.”


Russia launches 948 drones at Ukraine in largest attack over 24-hour period

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Russia launches 948 drones at Ukraine in largest attack over 24-hour period



Cities across the west of Ukraine were hit, with residential buildings damaged and many injured.


Royal Challengers Bengaluru sold to USD 1.78 billion consortium led by Aditya Birla Group

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Royal Challengers Bengaluru sold to USD 1.78 billion consortium led by Aditya Birla Group


Royal Challengers Bengaluru have officially changed hands, with a strong consortium acquiring the franchise. The group includes the Aditya Birla Group, US-based sports investor David Blitzer, private equity giant Blackstone, and the Times of India. The deal marks a significant moment in the IPL, as RCB continues to grow in both commercial value and on-field success. The acquisition covers both the men’s and women’s teams.

RCB have been acquired for USD 1.78 billion. (REUTERS)
RCB have been acquired for USD 1.78 billion. (REUTERS)

A consortium of four groups has signed a definitive agreement with United Spirits Limited (USL), a subsidiary of UK-Diageo plc, to acquire a 100 per cent stake in the franchise.

Earlier developments indicated that the existing owners were seeking a valuation of around USD 2 billion. The Aditya Birla Group-led consortium is believed to have come close to matching that expectation, USD 1.78 billion, approximately INR 16,706 crore, as talks progress toward a final agreement.

RCB, who lifted their maiden IPL trophy last season, drew significant interest from global investors were keen to tap into the tournament’s growing commercial appeal. They also won their Women’s Premier League title for the second time this year.

Kumar Mangalam Birla, Chairman of the Aditya Birla Group, highlighted the transformative impact of the IPL and RCB’s global appeal, emphasizing the consortium’s commitment to nurturing the franchise’s legacy.

“Over the past two decades, the IPL has morphed to become a global sporting powerhouse that has changed the face of Indian cricket, creating enormous value for India. RCB, as one of the most compelling franchises in modern sport, offers the Aditya Birla Group a distinctive platform to extend its legacy of institution-building into the arena of global sport. We are delighted to become custodians of this asset and committed to further building this extraordinary legacy,” Kumar Mangalam Birla, Chairman, Aditya Birla Group, said in a statement.

US-based sports investor David Blitzer highlighted the consortium’s vision for RCB, emphasising the franchise’s global appeal and championship potential.

“RCB has a world-class fanbase, and the IPL is one of the great growth stories in global sport. Having invested in clubs and leagues around the world, I believe the opportunity at RCB stands out. We look forward to working alongside our partners and the BCCI to build on the franchise’s championship success,” he remarked.

Satyan Gajwani, the chairman, Times Internet Limited added: “RCB is the reigning champion and the most popular brand in the IPL. As The Times of India Group, together with our partners, we will build RCB into a global sporting institution, while remaining rooted in Bengaluru and Karnataka and its incredible fanbase. We are committed to the people who built this championship-winning culture – the players, coaches, the leadership team, and the fans. We look forward to supporting the team as they take the pitch on Saturday to defend RCB’s title.”

Aryaman Birla, part of the consortium acquiring RCB, expressed enthusiasm about the new partnership, highlighting its potential to drive the franchise’s next phase of growth and strengthen its connection with fans.

“It is a privilege to come together in this partnership to shape the next phase of growth for RCB. This partnership brings together a deep understanding of sports, media and consumer businesses. Together, we will continue to Play Bold – on the pitch, in the community, and for the fans who make RCB what it is.”

Also Read – Sourav Ganguly dubs IPL as big as NBA after RR’s ‘mind-boggling’ USD 1.6 billion deal: ‘Team which plays 3 months…’

Somani-led consortium to acquire RR for USD 1.63 billion

Earlier reports indicate that the inaugural IPL champions, Rajasthan Royals, are set for a significant ownership change. A US-based consortium led by Arizona-based tech entrepreneur Kal Somani has emerged as the frontrunner to acquire the franchise in a deal valued at approximately USD 1.63 billion (around ₹15,290 crore). The consortium is reported to include Rob Walton of the Walmart family and members of the Ford-linked Hamp family. Somani has a notable background in technology, having founded companies such as IntraEdge, Truyo.Ai, and Academian. In addition to his business ventures, he is a co-owner of the Motor City Golf Club, a Detroit-based golf team planning to join Tomorrow’s Golf League (TGL) in 2027. The league was co-founded by Tiger Woods and Rory McIlroy in partnership with the PGA Tour, and Somani is also believed to be an early investor in TGL. The sale remains subject to BCCI approval.

The Royals were among the cheapest teams when the league began, having been purchased for just USD 67 million in 2008 through Emerging Media, making the current valuation a remarkable jump. The proposed transaction is awaiting BCCI approval and is expected to be completed after the 2026 IPL season. British-Indian businessman Manoj Badale currently holds a 65 per cent stake in the franchise.


RoDTEP-backed exports grow at over 20% CAGR between FY24 and FY26

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RoDTEP-backed exports grow at over 20% CAGR between FY24 and FY26


RoDTEP-backed exports grow at over 20% CAGR between FY24 and FY26

Exports supported under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme are estimated to have grown at over 20 per cent compound annual growth rate between 2023-24 and 2025-26 despite global headwinds such as weak demand, freight volatility, rising protectionism and geopolitical uncertainties, PTI reported citing an official on Tuesday.At the same time, the scheme has helped broaden inclusion within the export ecosystem, the official added.Support to the MSME sector has increased from around 68 per cent in 2021-22 to about 75 per cent in 2025-26, with smaller firms dominating the beneficiary base across key sectors and gaining a cushion against cost pressures and margin compression, the official said.Introduced from January 1, 2021, the RoDTEP scheme aims to refund embedded central, state and local levies not covered under other duty exemption programmes, thereby providing Indian exporters a level playing field in global markets vis-à-vis competing economies.“The exports supported under RoDTEP are estimated to have recorded a CAGR of over 20% between FY 2023-24 and FY 2025-26,” the official said.Designed as a WTO-consistent remission mechanism, the government’s budget allocation under the scheme has increased from about Rs 13,854.4 crore in 2022-23 to Rs 18,232.5 crore in 2025-26. The FOB value of exports supported under RoDTEP has also risen from roughly Rs 13.16 lakh crore to Rs 20.50 lakh crore in 2024-25, according to the official.


IPL: KKR retire Andre Russell’s No. 12 jersey – here is why | Cricket News

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IPL: KKR retire Andre Russell’s No. 12 jersey – here is why | Cricket News


IPL: KKR retire Andre Russell's No. 12 jersey - here is why
KKR’s Andre Russell (PTI Photo/Swapan Mahapatra)

NEW DELHI: In a city that worships its cricket heroes, Tuesday night was all about Andre Russell. During a lively preseason event called Knights Unplugged in Kolkata, Kolkata Knight Riders made a huge announcement: they retired the No. 12 jersey to honour Russell. This means no player will ever wear that number again for the team.KKR CEO Venky Mysore revealed the tribute on stage, saying, “In your honour, we would like to retire this number for KKR,” recognising how Russell made the jersey iconic with his powerful performances.

Watch

Gujarat Titans confident ahead of IPL 2026: ‘We’re here to win, not participate’

Before the last IPL auction, there was speculation that Russell might leave KKR. But he had already made his feelings clear in a personal video that he would only play for KKR or not play in the IPL at all. Now, instead of playing, he has taken up a new role as the team’s Power Coach, helping younger players improve their finishing skills.Looking back at his journey, Russell became emotional. Over the years, he scored 2,651 runs at an explosive strike rate and took 123 wickets, playing key roles in KKR’s title wins.“I got a bit emotional watching that video,” Russell admitted.“It’s been over a decade of amazing achievements, having been part of two title-winning teams. To see what it meant to everyone… that’s a different enjoyment. World Cups feel special. When you win the IPL, it’s something different. The last one we won, I got teary-eyed.”“When you have left everything on the field, you don’t regret walking away from the game,” he said.“Every game I played, I played like it was the last game of my IPL career.”Now excited about coaching, he said, “I have no regrets about being in this role. I am excited,” and praised working with coaches like Abhishek Nayar and Shane Watson.KKR also named Rinku Singh as vice-captain under Ajinkya Rahane as they prepare for the new season.