collaborations

Niantic Inc. has laid off about 8% of its workforce and stopped production on several projects, the company said Wednesday, as the creator of the popular game “Pokémon Go” struggles to produce another breakout hit.Closely held Niantic said it would devote attention to games such as “NBA All-World,” a newly announced title featuring augmented reality, or AR, technology that it’s making in partnership with the National Basketball Association. It will also work on its app-development platform called Lightship and “Pokémon…

Shares of Just Eat Takeaway.com N.V. hit an all-time low Wednesday after the head of its U.S. division said a sale wasn’t a definite outcome for the company’s Grubhub online food business, which Just Eat is reviewing.Grubhub Chief Executive Adam DeWitt said at The Wall Street Journal Global Food Forum on Tuesday that company parent Just Eat hopes to find a strategic partner to invest in the U.S. online ordering company, and that a sale was possible but not imminent. Shares of Just Eat Takeaway.comN.V. hit an all-time…

Ernst & Young’s leaders, trying to persuade partners to split up the firm, said windfalls would be spread evenly, but a bear market threatens to cut the value of a potential initial public offering of its consulting business, according to an internal webcast and people familiar with the matter.Speaking to EY’s roughly 13,000 partners Monday, Global Chairman and Chief Executive Carmine Di Sibio said that the firm would give all partners in a country the same multiple of pay, according…

CANNES, France— Netflix Inc. NFLX 1.38% Co-Chief Executive Ted Sarandos confirmed that the streaming company is speaking to multiple potential partners to help it enter the advertising business, telling an industry conference that it may build its own ad business in the future. Netflix said in April that it is exploring an ad-supported version of its platform and in recent weeks has explored a range of…

LOS ANGELES—Ahead of the year’s biggest gambling event, FanDuel Group Chief Executive Amy Howe was spreading her message of confidence in the U.S. sports-betting industry in interviews with journalists.Behind her, sports broadcaster Pat McAfee —whom the company is paying $120 million over four years to be its media star—appeared to be taking tequila shots with former Dallas Cowboys running back Emmitt Smith on the…

Anthem Inc.’s chief information officer says he is working with Alphabet Inc.’s Google Cloud to create a synthetic data platform that will let the health insurance company better detect fraud and offer personalized care to its members. Anil Bhatt said the plan is to use algorithms and statistical models to generate approximately 1.5 to 2 petabytes of synthetic data, including artificially generated data sets of medical…

During the Dead By Daylight 6th anniversary broadcast today (May 17), Behaviour Interactive announced its new collaboration plans with Resident Evil and Attack on Titan. READ MORE: The start of a new adventure – Naoki Yoshida talks ‘Final Fantasy 14’ patch 6.1 Alongside the reveal of Dead By Daylight Chapter 24, which will feature new a new map, character, and Killer, the developer also announced it will once again be partnering with Capcom to bring a new Resident Evil Chapter this year. Right now details are few, but…

JetBlue JBLU 5.01% Airways Corp. plans to launch a hostile takeover attempt for discount carrier Spirit SAVE 3.85% Airlines Inc., according to people familiar with the matter, after Spirit rejected JetBlue’s $3.6 billion offer in favor of an existing deal with Frontier Airlines. ULCC 4.56% JetBlue plans to appeal directly to…