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Rovio

Head of games at Angry Birds firm goes after profit warning

HELSINKI: "Angry birds" maker Rovio said on Friday its head of games was leaving, a week after the Finnish company issued a profit warning that sent its shares plunging 50 percent. “It’s time to pass the hoodie and move on,” Wilhelm Taht said in a statement, without giving reasons for his departure. Rovio said Taht was leaving with immediate effect for personal reasons and Chief Executive Kati Levoranta would assume his position for the time being. Rovio shares, which debuted at 11.50 euros apiece in September, fell…

Angry Birds maker Rovio to open game development studio in London

HELSINKI: Finnish mobile games and animation company Rovio Entertainment is stepping up its hunt for new hit games by opening a studio in London to focus on multiplayer games that would not rely on the company's Angry Birds brand. Privately-held Rovio has struggled in recent years as profits from the Angry Birds franchise dropped, prompting deep job cuts and divestments. But last year Rovio launched an animated Angry Birds 3D Hollywood film that it said did well at the box office and yielded new licensing deals.…

Rovio to tailor 'Angry Birds' for China

HELSINKI: Finland's Rovio will start tailoring its Angry Birds mobile games to the Chinese market with help from Beijing Kunlun as it aims to step up business in the world's most populous country, it said on Thursday.

Angry Birds maker cut jobs over growth woes

HEL SINKI: Finnish mobile games maker Rovio, owner of the Angry Birds brand, on Thursday said it would cut about 110 jobs, or 14 percent of its workforce, and shut down a Finnish studio following talks with employees.