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DeepWell's Biofeedback SDK Receives FDA Clearance for Stress Reduction and Blood Pressure Management
The US Food and Drug Administration has granted DeepWell clearance to utilize its biofeedback SDK as a therapeutic tool for mitigating stress and high blood pressure. This development enables DeepWell to make the SDK available to other companies, with the ultimate goal of 'accelerating the commercialization of video games and other immersive media as FDA-cleared digital therapeutics.' Notably, an…
Sept. 10, 2024, 4 p.m.
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PS5 Pro to Debut on November 7 with a $699.99 Price Tag
Following months of speculation, Sony has officially unveiled the PlayStation 5 Pro, slated for release in November. Lead architect Mark Cerny presented the console's key technical advancements, which significantly enhance the performance of the standard PS5 model. The primary upgrades include a larger graphics processing unit, advanced ray tracing techniques, and AI-driven upscaling, all aimed a…
Sept. 10, 2024, 3:31 p.m.
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Mother Games Secures $5 Million in Pre-Seed Funding for Debut Title
Emerging game studio Mother Games has officially launched, revealing a successful $5 million pre-seed funding round. Investors BoxGroup, Shine, and Lerer Hippeau Ventures contributed to the round, which will support the development of Mother Games' first title, Le Zoo, and future projects. Founded in August 2023 by Kelsey Falter and Raissa Chagas, Mother Games is a New York-based studio focused o…
Sept. 10, 2024, 2 p.m.
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The 2024 GamesIndustry.biz Best Places To Work Awards UK Finalists Announced
The wait is over, and we are excited to announce the finalists for the 2024 UK GamesIndustry.biz Best Places To Work Awards special categories. NaturalMotion Games and Rocksteady lead the pack with five nominations each, followed by Rare with three, and Playground Games, Playtonic, Sumo, King, and CCP with two nods each. These special awards recognize excellence in areas such as environmental sus…
Sept. 10, 2024, 10:40 a.m.
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Apple's iPhone 16 Boasts Enhanced Gaming Capabilities
Apple recently introduced its newest iPhone, touting its ability to run AAA games, a capability that was once reserved for the more expensive Pro line. The iPhone 16 is equipped with a new A18 chip, which Apple claims provides a 30% increase in speed compared to the iPhone 15's CPU. According to the company, this enhancement enables the device to support demanding AAA games while also significant…
Sept. 10, 2024, 9:28 a.m.
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Lost Boys Interactive Announces Significant Staff Reduction
In a recent development, Lost Boys Interactive has confirmed that 139 employees will be let go due to shifting market conditions within the gaming industry. As reported on September 10, 2024, a WARN notice from the Wisconsin Department of Workforce Development disclosed the extent of the layoffs, which affect staff members from 28 US states. The affected employees will receive two months' worth o…
Sept. 10, 2024, 8:44 a.m.
News
Ubisoft's Stock Price Plummets Again Amid Calls for Privatization
The value of Ubisoft's shares has taken another significant hit after a minority investor urged the company to consider going private. This recent downturn follows a notable decline in the company's stock price last week, which dropped over 10% in just two days after the release of Star Wars Outlaws. At that time, the share price of Ubisoft Entertainment SA plummeted to €15.34, its lowest point s…
Sept. 9, 2024, 8:37 p.m.
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Netflix Games Reaches Milestone of 210 Million Downloads
The total number of downloads for Netflix games has exceeded 210 million. A recent report by mobilegamer.biz, citing data from Appmagic, reveals that the Grand Theft Auto series by Rockstar remains a top performer. Specifically, GTA: San Andreas, Vice City, and GTA 3 have garnered 25.2 million, 7.8 million, and 3.6 million downloads, respectively. GTA: San Andreas stands out as the most popular…
Sept. 9, 2024, 6:19 p.m.
News
Sony's Path Forward After Concord
The newest installment of The GamesIndustry.biz Microcast is now live, offering a concise overview of the week's most significant developments. This episode delves into the implications of Concord's struggles, including Sony's decision to remove the game from sale just two weeks post-launch. Rather than viewing this setback as a definitive failure of PlayStation's live services approach, we exami…
Sept. 9, 2024, 12:49 p.m.
News
Merge Games Shuts Down Chelford Office, Implements Staff Reductions
Merge Games has revealed that it is closing its Chelford office, resulting in layoffs for an undisclosed number of staff members. According to a statement provided to GamesIndustry.biz by Maximum Entertainment CEO Christina Seelye, this move is part of a broader consolidation effort initiated earlier in the year. The plan involves consolidating Merge Games' remaining operations into Maximum E…
Sept. 9, 2024, 11:07 a.m.