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Riot Games Updates Regional Pricing for Virtual Currency Across Its Live Titles
Riot Games has announced adjustments to the regional pricing of its virtual currency, resulting in significant increases for some countries. The changes aim to achieve better price balance between regions and prevent third-party exploitation. Starting September 18, all five of its live games, including League of Legends, Teamfight Tactics, Legends of Runeterra, Valorant, and League of Legends: Wi…
Sept. 4, 2024, 1:23 p.m.
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Learn How to Overcome EDI Backlash at Our Upcoming HR Summit
Recruitment expert Liz Prince will lead a discussion on strategies to maintain momentum for diversity and inclusion initiatives despite ongoing challenges at the GamesIndustry.biz HR Summit. Prince, founder of Amiqus and leader of the G Into Gaming initiative, will explore the underlying causes of the EDI backlash, present a business case for EDI initiatives, and provide practical advice on foste…
Sept. 4, 2024, 1 p.m.
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Bungie Wins Appeal Against AimJunkies, New Trial Denied
The US courts have ruled in favor of Bungie, confirming the denial of a new trial for AimJunkies. According to a report by TorrentFreak, US District Judge Thomas Zilly stated that Bungie provided sufficient evidence of copyright infringement by AimJunkies. The judge noted that Bungie only needed to establish that the cheat software distributed by the defendants had copied protected aspects of Des…
Sept. 4, 2024, 9:52 a.m.
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Ubisoft's Stock Price Hits a 10-Year Low Following Star Wars Outlaws Release
The release of Star Wars Outlaws has led to a significant decline in Ubisoft's stock value, with shares plummeting over 10% in just two days. According to Insider Gaming, the share price of Ubisoft Entertainment SA plummeted to €15.50, marking its lowest point since 2014, with the company's market capitalization currently standing at €1.99 billion. As of the latest update, the share price has fur…
Sept. 4, 2024, 9:02 a.m.
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Sony Removes Concord from Sale Effective Immediately
Sony has announced the immediate removal of the hero shooter game Concord from sale, with servers scheduled to go offline on September 6. Despite its recent release on August 23, Firewalk Studios' game director Ryan Ellis stated that the game will be taken offline to determine the best course of action moving forward. In a statement on the PlayStation Blog, Ellis expressed gratitude to players an…
Sept. 3, 2024, 4:37 p.m.
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Final Fantasy Brave Exvius to Cease Operations
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Sept. 3, 2024, 10:35 a.m.
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Ballistic Moon, Developer of Until Dawn Remake, Confirms Layoffs
In a recent update on September 3, 2024, Ballistic Moon confirmed that it has undergone significant restructuring, resulting in staff layoffs. The studio released a statement on LinkedIn explaining that due to the complexities of the gaming industry, it was necessary to 'significantly scale down' its operations to ensure the future of the company. The full statement reads: 'As the games industry …
Sept. 3, 2024, 9:59 a.m.
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Was Concord Doomed by Sony? | Microcast
The newest installment of The GamesIndustry.biz Microcast is ready to download, providing an in-depth look at the most significant events from the past week. This episode explores the challenges faced by Concord, Sony's latest live service venture, and examines the possible reasons behind its struggle to attract players, compared to other successful multiplayer games like Helldivers 2. Additional…
Sept. 3, 2024, 9:54 a.m.
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Zynga Abandons Web3 Venture Sugartown
Zynga has withdrawn from its web3 project, Sugartown, and transferred ownership to D20, a new entity. The acquisition was announced by D20 through social media, stating that it had acquired all products and assets related to Sugartown from Zynga. D20 was co-founded by Matt Wolf, previously VP of web3 gaming at Zynga, and Tommy Ngo, former general manager for web3 at Zynga. According to a staff me…
Sept. 3, 2024, 9:43 a.m.
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Hopoo Games Pauses Operations as Founders Join Valve Corporation
Hopoo Games, the US-based independent game development studio behind the popular Risk of Rain series, is currently on hiatus as its co-founders, Duncan Drummond and Paul Morse, along with several other team members, have taken on roles at Valve Corporation. The studio announced this development through a series of posts, revealing that the co-founders and other talented members will be contributi…
Sept. 3, 2024, 9:12 a.m.