League of Legends publisher Riot Games has reported viewership figures for the Summer Finals match between G2 Esports and Fnatic that capped off the LEC’s 2020 season. The match reached an average minute audience of 819.4K, which Riot reports is a 70% increase over the 2019 finals. Additionally, the competition reached a peak concurrent viewership […]
DouYu Reports $36.5M Profit for Q1 as Paying Users Increase by 26%
Today, Chinese game-centric live streaming platform DouYu International Holdings (NASDAQ: DOYU) reported its financial results for the first quarter of 2020. The company generated net revenues of ¥2.3B RMB ($319.3M USD) for the period ended March 31, which marks an increase of roughly 53% year-over-year compared to ¥1.5B ($208.7M) in Q1 2019. DouYu’s major source […]
Alphabet reports $41.2 billion in Q1 2020 revenue: Google Cloud up 52%, YouTube up 33%, and Other Bets down 21%
Google parent company Alphabet today reported earnings for its first fiscal quarter of 2020, including revenue of $41.2 billion, net income of $6.8 billion, and earnings per share of $9.87 (compared to revenue of $36.3 billion, net income of $8.3 billion, and earnings per share of $11.90 in Q1 2019). Given the global pandemic’s impact […]
Activision reports 50,000 cheaters have been banned in Call of Duty: Warzone
Since Call of Duty: Warzone released nearly two weeks ago, a few major problems have popped up. These issues range from powerful vehicles to explosives to rampant cheating. Out of these three problems, most fans would agree that cheating is the most threatening and irritating. Up until today, we’d heard nothing from Activision or Infinity […]