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Elden Ring Reaches 25 Million Units Sold Globally
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June 13, 2024, 9:29 a.m.
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Valve Faces £656m Lawsuit Over Alleged Anti-Competitive Behavior
A £656 million collective lawsuit has been filed against Valve, alleging the company exploits its market dominance to overcharge approximately 14 million UK consumers who use its Steam platform. The lawsuit, submitted to the Competition Appeal Tribunal on June 5 by digital rights campaigner Vicki Shotbolt, asserts that Valve's practices are unfair and harm UK gamers. Shotbolt stated that the laws…
June 13, 2024, 9:07 a.m.
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Sumo Group Announces Closure of Timbre Games
In a recent development, Sumo Group has confirmed the closure of Timbre Games, following an initial announcement of a 15% staff reduction that put nearly 250 employees at risk of redundancy. The shutdown was not included in the initial announcement but was shared by employees on social media platforms. According to Jenna Dore, a recruitment coordinator, the entire studio team, comprising exceptio…
June 13, 2024, 7:44 a.m.
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Netflix's Games Division Head Mike Verdu Takes On New Position
As Netflix escalates its foray into the gaming sector, Mike Verdu, the company's Vice President of Games, is set to assume a new role. Verdu, who previously worked at Facebook and EA, joined Netflix in 2021, preceding the company's announcement of its expansion into mobile gaming. Although the specifics of his new role are currently unclear, it is understood to involve pioneering innovation in ga…
June 12, 2024, 4:15 p.m.
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Xbox and Summer Game Fest Games: Which Ones Dominated the Headlines?
The gaming industry witnessed a plethora of live shows and events last week, with two of the most notable being Geoff Keighley's Summer Game Fest and the Xbox Games Showcase, both of which promised significant announcements and fresh looks at upcoming games. Although Geoff Keighley's show focused on already announced titles, it received mixed feedback, with over 40% of 250,000 gamers giving it a …
June 12, 2024, 12:11 p.m.
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Astrocade AI Secures Significant Seed Funding of $12 Million
Astrocade AI has successfully raised $12 million in its seed funding round, marking a significant milestone for the company. The funds will be utilized to further develop its cutting-edge AI-powered social gaming platform, currently in closed alpha testing. This platform allows users to create, modify, and engage with games in a dynamic environment. Key investors, including AME Cloud Ventures, NV…
June 12, 2024, 10:34 a.m.
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Voodoo Purchases BeReal in €500 Million Deal
In a significant move, Voodoo has finalized the acquisition of BeReal, a social media platform, for a substantial sum of €500 million. Established in 2019, BeReal operates on a unique premise where users are prompted to share photographs of their current activities within a limited two-minute timeframe, with the posts disappearing after a 24-hour period. Voodoo's primary objective is to provide c…
June 12, 2024, 10:02 a.m.
News
League of Geeks Enters Dormancy Period
Developer of Armello, League of Geeks, has announced its decision to take an indefinite hiatus. In a recent blog post by co-founders Ty Carey, Trent Kusters, and Blake Mizzi, the team revealed that they will be taking an extended break due to the current economic difficulties in the gaming industry. The co-founders stated that they are uncertain about when, or if, they will revive the company, ci…
June 12, 2024, 8:56 a.m.
News
Sumo Group Announces Staff Reduction of Up to 15%
Sumo Group is implementing cost-cutting measures, putting up to 15% of its workforce, or around 250 employees, at risk. The company acknowledges that it has not been shielded from the challenges affecting the gaming industry and must restructure to address upcoming difficulties. As a leading provider of work-for-hire and co-development services, Sumo Group has collaborated with prominent clients …
June 11, 2024, 4:21 p.m.
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CWA Files Complaint Against Microsoft's Supplier Lionbridge for Unfair Labor Practices
The Communications Workers of America has submitted a complaint to the National Labor Relations Board against Lionbridge Technologies, a QA contractor for Microsoft's Activision projects. The complaint alleges that Lionbridge violated the rights of its employees in Boise, Idaho, by laying off the entire team after they collectively addressed their working conditions. Additionally, the complaint c…
June 11, 2024, 3:36 p.m.