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Russian Ministry of Defense: 37 Ukrainian drones destroyed in 4 hours over regions of Russia and the Black Sea.
Sheikh Qassem: Our supporters make up more than half of Lebanon's population, and all of these people are united under the banner of protecting Lebanon, its Resistance, its people, and its integrity.
Sheikh Qassem: There will be no phased handing in of our arms. [The Israelis] must first enact the agreement before we start talking about a defensive strategy.
Sheikh Qassem: Be brave in the face of foreign pressures, and we will be by your side in this stance.
Sheikh Qassem: Stripping us of our arms is like stripping us of our very soul, and this will prompt us to show them our might.
Sheikh Qassem: We will not abandon our arms, for they gave us dignity; we will not abandon our arms, for they protect us against our enemy.
Sheikh Qassem: The US efforts we are seeing are aimed at sabotaging Lebanon and constitute a call for sedition.
Sheikh Qassem: If you truly want to establish sovereignty and work for Lebanon’s interests, then stop the aggression.
Sheikh Qassem: The United States, which is meddling in Lebanon, is not trustworthy but rather poses a danger to it.
Sheikh Qassem: The United States is preventing the weapons that protect the homeland.

Ubisoft plunges into losses

  • By Al Mayadeen English
  • Source: News Agencies
  • 16 May 2023 23:40
1 Min Read

The video game firm expects to turn its net loss into an operating profit on the order of 400 million euros through a cost-cutting plan that aims to reduce staff levels and shed assets. 

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  • Ubisoft animated ad (fanspace)
    Ubisoft animated ad (fan space)

Ubisoft, the French video game publishing firm, has reported a net loss of $537 million in 2022-2023 due to the delay of video game titles like Mirage, the Assasins' Creed franchise, and Avatar: Frontiers of Pandora.  

The video game firm expects to turn its net loss into an operating profit on the order of 400 million euros in the current financial year, which ends next March: through a cost-cutting plan that aims to reduce staff levels and shed assets. 

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However, the reduced staff levels policy will reportedly be mitigated by a raise for the staff working on Assassin's Creed: which is expected to make numbers in the coming years when several titles of the franchise will be released.   

"As part of our progressive reallocation of resources, we notably plan to increase the number of talents working on the Assassin’s Creed brand by 40 percent over the coming years," said CEO Yves Guillemot. 

Read more: New study says video games don't harm pre-teens' brains

  • Videogames
  • ubisoft
  • France

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