April 13, 2021

Epic Games announces $1B funding round

Fortnite developer and major gaming platform Epic Games announced the completion of a massive $1 billion funding round. The previous investment at $200 million, thanks to Sony Corporation, puts Epic at an equity evaluation of $28.7 billion. The investment will put all of the major titles under Epic into full throttle. Additionally, the company aims […]

August 18, 2020

Apple to ban Epic Games developer accounts and Unreal Engine

Apple Inc. will ban Epic Games developer accounts and remove access to iOS and Mac development tools as retaliation for Epic Games breaking the App Store terms of service. Apple will implement these actions on August 28, one day after the release of Fortnite Chapter 2 Season 4. In response, Epic Games filed an injunction […]

August 8, 2020

Epic Games value skyrockets to $17.3 billion with new funding

Epic Games just announced that it has been re-evaluated and now holds a $17.3 billion value. This decision to have another valuation comes after its new round of fundings. Multiple investors made an additional $1.78 billion investment in the studio that developed award-winning game Fortnite. However, confining Epic Games to Fortnite is a mistake. Its […]