Gearbox

In what is likely to the biggest shock unveiling in the e-bike industry so far this year, leading electric bike maker Lectric Ebikes has just rolled out the new Lectric ONE. Positioned as a premium commuter e-bike in the budget space, the new model marks equally new territory for the low-cost e-bike company turned premium space competitor. To understand how industry-shaking this e-bike launch is, you have to understand the company behind it. Lectric Ebikes’ entire MO has been to find highly-demanded…

Until now, if you wanted an ebike with a Pinion gearbox and electronic shifting combined with a Gates Carbon belt, you could be looking at parting with more than $10k. Phoenix-based Lectric has ripped that to shreds with the launch of the One commuter ebike.Developed as a more robust alternative to rear derailleurs, Pinion's mid-mount gearbox was "born at Porsche's transmission development center in Weissach, Germany," and first launched in 2012 following seven years of R&D. When combined with the company's…

We have been seeing a lot of cases lately where people have been facing issues with their cars. We all know that cars, at the end of the day, are machines, and there are chances that they might develop some issues over the years. However, some parts are meant to last a long time when compared to others. Hyundai i20 CVT failed Here we have a case where the owner of a Hyundai i20 hatchback has reported that the CVT gearbox on his hatchback has failed just after 26,000 km, and the dealer is asking around Rs 4.62 lakh to get…

A new report has alleged that Embracer Group is in the process of selling Borderlands developer Gearbox to a third party. According to a Kotaku report, Gearbox CEO and co-founder Randy Pitchford told staff earlier this week that a decision had been made about the future of the developer, though more information won’t be shared until next month. Sources close to Gearbox told Kotaku that Pitchford has been telling developers that three scenarios were possible. These scenarios were either staying with Embracer Group,…

Gearbox Entertainment was one of the companies Embracer purchased during its massive buying spree that was followed by widespread layoffs and studio closures. As reported by Kotaku, the Borderlands maker is poised to be sold out, and more information will be shared next month. Embracer had purchased Gearbox for $1.3 billion in 2021. However, after purchasing studios from around the world, the Swedish company released an open letter explaining that it is aiming to become a “heavy-investment-mode to a highly cash-flow…

Curated By: Shahrukh ShahLast Updated: January 20, 2024, 13:14 IST2023 Kia Seltos Facelift. (Photo: Shahrukh Shah/News18) The Setlos facelift comes with tons of changes, offering more than 30 safety, along with 15  Hi-safety features and 17 most evolved Level 2 ADAS autonomous featuresAfter successfully launching the updated avatar of Seltos recently, Kia has now introduced 5 new variants in the diesel engine, featuring a 6-speed manual transmission, making it a total of 24 trims to choose from.The newly released trim…

We're just a couple of weeks into 2024, but the layoffs that plagued the gaming industry last year are back. An undisclosed number of employees at Lost Boys Interactive have been laid off across seemingly "all disciplines at all levels," terminated producer Jared Pace told Aftermath. Lost Boys Interactive is responsible for games like Tiny Tina's Wonderlands — which is launching on PlayStation Plus.The news was initially reported by both terminated and remaining employees. Lost Boys Interactive eventually released a…

The long-awaited sci-fi strategy sequel Homeworld 3 at last has a release date. It’s now slated to arrive on March 8. That’s another slight delay, given the February release window that developer Blackbird Interactive and publisher Gearbox were aiming for, but at least there’s now a concrete date. Those who pick up the Fleet Command edition, meanwhile, will get access 72 hours earlier.In a short behind-the-scenes video, Blackbird CEO and co-founder Rob Cunningham said this was "really our original dream of Homeworld 2.…

2023 has been an utterly miserable time to be working in the video game industry. Announcements of layoffs from some of the biggest names around have been dominating news sections lately. While we already knew Embracer Group was one of them, we now know the figures. In the most recent sales report from the Crystal Dynamics and Gearbox Software owner, the company has said it experienced a 13% increase in net sales between July and September of this year (Q2 of their 2023-2024 fiscal year). It then goes on to…

Borderlands developer Gearbox is reportedly up for sale by parent company Embracer Group. As per Reuters, the Swedish conglomerate is looking to restructure following a $2 billion (about Rs. 16,586 crore) deal with Saudi Arabia government-funded Savvy Games Group that fell through, earlier this year. The fallout resulted in the former cutting down on spending, in addition to closing down studios and laying off its employees. Having been acquired merely two-and-a-half years ago, Gearbox is now the latest victim, with some…