Romero Games says reports of its death are greatly exaggerated
"We now have to reassess the entire staffing of our studio," the post reads.
The canceled project was billed on Romero Games' website as a first-person shooter with a brand new, original intellectual property. It may eventually find new life with a new backer. "We've been contacted by several publishers interested in helping us bring the game across the finish line, and we're currently evaluating those opportunities," the company said.
Romero Games was founded in 2014 by storied game designers John and Brenda Romero.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
9 minutes ago
- Yahoo
US tech titan earnings rise on AI as economy roils
Tech giants Amazon, Apple, Meta and Microsoft this week eclipsed earnings expectations, cashing in on artificial intelligence (AI) while navigating economic waters roiled by US tariffs. "Massive results seen by Microsoft and Meta further validate the use cases and unprecedented spending trajectory for the AI Revolution on both the enterprise and consumer fronts," Wedbush tech analyst Dan Ives said in a note to investors. "We have barely scratched the surface of this 4th Industrial Revolution now playing out around the world led by the Big Tech stalwarts such as Nvidia, Microsoft, Palantir, Meta, Alphabet, and Amazon," Ives added. Amazon reported a 35 percent jump in quarterly profits as the e-commerce giant said major investments in AI technology are paying off. "Our conviction that AI will change every customer experience is starting to play out," said Chief Executive Andy Jassy, pointing to the company's expanded Alexa+ service and new AI shopping agents. But the Seattle-based company's profit outlook for the current quarter came in lower than hoped for, with investors worried that the cost of AI was weighing on the bottom line. This was despite a stellar second quarter that exceeded analyst expectations, much like it did for its AI-focused rivals Google, Microsoft and Meta, which posted bumper results for the period. Amazon's net sales climbed 13 percent, signaling that the company was so far surviving impacts of the high-tariff trade policy under US President Donald Trump. Amazon Web Services (AWS), the company's world-leading cloud computing division, led the charge with sales jumping 17.5 percent to $30.9 billion. Its strong performance reflects surging demand for cloud infrastructure to power AI applications, a trend that has benefited major cloud providers as companies race to adopt generative AI technologies. - $4 trillion club - Shares of Microsoft spiked Thursday following blowout quarterly results, lifting the tech giant into the previously unprecedented $4 trillion club along with Nvidia, another AI standout. The landmark valuation is the latest sign of growing bullishness about an AI investment boom that market watchers believe is still in the early stages -- even as companies like Microsoft plan $100 billion or more in annual capital spending to add new capacity. "Cloud and AI is the driving force of business transformation across every industry and sector," said Microsoft CEO Satya Nadella. At the heart of the results was a stunning surge in Azure, the company's cloud computing platform, which is getting "supercharged" with AI, said Angelo Zino, technology analyst at CFRA Research. Zino attributed "just about all of" Microsoft's recent climb in valuation to AI. - Superintelligence? - Meta reported robust second-quarter financial results Wednesday, with revenue jumping 22 percent year-over-year as the social media giant continues investing heavily in artificial intelligence. "We've had a strong quarter both in terms of our business and community," said CEO Mark Zuckerberg. "I'm excited to build personal superintelligence for everyone in the world." Zuckerberg has embarked on a major AI spending spree, poaching top researchers with expensive pay packages from rivals like OpenAI and Apple as he builds a team to pursue what he calls AI superintelligence. Hours before the earnings report, Zuckerberg insisted that the attainment of superintelligence -- technology that would theoretically be more powerful than the human brain -- is now "in sight." Meanwhile Apple, which is seen as lagging in the AI race, beat expectations with earnings driven by strong iPhone sales despite US tariffs costing the company $800 million in the recently-ended quarter. Apple expects Trump's tariffs to cost the iPhone maker $1.1 billion in the current quarter. "The results show that Apple's iPhone strategy is working to offset the impact of looming challenges with AI development timelines, tariff pressures, and Google's antitrust issues," said Emarketer tech analyst Jacob Bourne. Apple chief executive Tim Cook said on an earnings call that taking the most advanced technologies and making them easy to use is "at the heart of our AI strategy." Cook said Apple has been rolling out Apple Intelligence AI features and is "making good progress on a more personalized Siri." gc/aks Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
9 minutes ago
- Yahoo
American Eagle's ‘good jeans' ads with Sydney Sweeney spark debate
American Eagle Outfitters wanted to make a splash with its new ads starring actor Sydney Sweeney. The campaign has sparked a debate about race, Western beauty standards, and the backlash to 'woke' American politics and culture. Is the mixed reaction what the brand intended? (July 31)
Digital Trends
10 minutes ago
- Digital Trends
This Coen Brothers comedy is an underrated Netflix movie to watch this weekend (August 1-3)
Opening Netflix in 2025 is a very different experience than it was 10 years ago. The movie selection is tilted much more toward movies that Netflix produced, and as a result, you're often served up a lot of pretty trashy titles. Don't get me wrong, Netflix has made some great original movies, but it's also made plenty of terrible ones. That's why picking what you want to watch from the service can be something of a challenge. This week, we've pulled together three underrated titles that are all worth your time for very different reasons: Recommended Videos We also have guides to the best new movies to stream, the best movies on Netflix, the best movies on Hulu, the best movies on Amazon Prime Video, the best movies on HBO Max, and the best movies on Disney+. Burn After Reading (2008) One of the Coen brothers' less celebrated films, in part because it came in the immediate wake of No Country for Old Men, Burn After Reading tells the farcical story of two gym employees who try to blackmail a former CIA analyst after they stumble upon classified information. Along the way, we see just how stupid many of the people who work in the government are and how their bumbling lives intersect with occasionally deadly consequences. Burn After Reading is deeply funny, but it's also a movie about the people who run our country and how fundamentally pathetic most of them are. You can watch Burn After Reading on Netflix. American Graffiti (1973) A movie made in 1973 that looks backward to an even earlier time, American Graffiti is one of the definitive teen movies, even if it's not George Lucas' crowning achievement. The film follows a group of friends who all have different adventures on the last night of summer vacation before they go off to school or to find gainful employment. The movie itself is mostly lighthearted, but it's also a wistful look at a particular moment in life when things don't feel totally real yet, and you can do anything you want. You can watch American Graffiti on Netflix. The Trial of the Chicago 7 (2020) Aaron Sorkin's directorial career has been fascinating and strange, but there's a lot to like in The Trial of the Chicago 7. Based on true events, the film follows the trial of seven defendants who were a part of countercultural protests at the 1968 Democratic National Convention in Chicago. The movie's at its best when it's exploring the tension between the various groups within this trial. The trial reminds us how close these events truly are to the present day. Although the writing is definitely flowery in an Aaron Sorkin way, the movie is compelling throughout, in part because courtroom dramas are such a sturdy formula. You can watch The Trial of the Chicago 7 on Netflix.
