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Little Kitty Big City Hits 1 Million Players on Game Pass
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May 21, 2024, 9:35 a.m.
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Study Reveals Gaming as a Primary Means of Self-Expression for Nearly Half of Players
According to a recent study, a significant 46% of gamers engage in video games as a means to express themselves creatively and tap into their imagination. The findings are part of Fandom's fifth annual 2024 Inside Gaming Report, released on Monday, which surveyed 5,000 global users. The report notes a 10% year-over-year increase in players using games as a form of self-expression. Character custo…
May 21, 2024, 9:18 a.m.
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GamesIndustry.biz HR Summit Makes Its Return This September
The GamesIndustry.biz HR Summit is set to return for its second iteration, this time being hosted at the esteemed Royal Institution in London. The event is scheduled to take place on September 18th, with a full-day program culminating in the 2024 Best Places To Work Awards. Early Bird tickets are currently available for purchase at £130 plus fees. This year's summit aims to address the most press…
May 21, 2024, 9 a.m.
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Nintendo Expands Development Capabilities with Acquisition of Shiver Entertainment
Nintendo has announced its acquisition of US-based game developer Shiver Entertainment from Embracer Group. Shiver Entertainment is renowned for its work on porting games to the Nintendo Switch, with notable titles including Warner Bros' Hogwarts Legacy and Mortal Kombat 1. According to Nintendo, the acquisition aims to 'secure high-level resources for porting and developing software titles', wit…
May 21, 2024, 7:40 a.m.
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Microsoft Announces AI Integration in Gaming
Microsoft has announced plans to incorporate its artificial intelligence technology into video games, starting with Minecraft. The integration was demonstrated during the Microsoft Surface and Windows AI event, where the AI-powered Copilot program was showcased as an in-game guide, providing players with instructions and recommendations. The Copilot program, launched in 2023, is an AI chatbot des…
May 20, 2024, 8:25 p.m.
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PlayStation Enters a New Chapter
The newest installment of the GamesIndustry.biz Microcast is now live, providing a concise overview of the week's most significant gaming news. This episode delves into the recent announcement from Sony regarding the successors to retired CEO Jim Ryan, with a particular focus on the appointments of Herman Hulst and Hideaki Nishino as the new leaders of PlayStation. The benefits and challenges ass…
May 20, 2024, 2:58 p.m.
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Larian Studios Expands Global Reach with New Warsaw Location
The renowned developer of Baldur's Gate 3, Larian Studios, has revealed plans to launch a new office in Warsaw, Poland, adding to its existing network of studios in Quebec, Dublin, Guildford, Barcelona, Ghent, and Kuala Lumpur. This expansion is set to enhance the company's 24-development cycle and accelerate work on upcoming titles. According to Larian, the Warsaw studio will focus on creating a…
May 20, 2024, 1:48 p.m.
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Recipients of the 2024 Unity for Humanity Grant Revealed
Unity has unveiled the recipients of its 2024 Unity for Humanity Grant, with a total of eight studios selected to receive funding from a $500,000 pool, as well as additional technical assistance to support their project development. Following a rigorous review process that considered nearly 500 submissions, the winning projects were chosen based on their innovative approach, potential impact, inc…
May 20, 2024, noon
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Keywords Studios in Advanced Talks with Private Equity Firm EQT Over Potential Acquisition
Keywords Studios has entered into advanced discussions with EQT, a private equity firm, regarding a potential buyout. According to reports from the Financial Times, the proposed acquisition is expected to be worth £2.2 billion, with EQT offering £25.5 per share in cash. Keywords Studios initially received four unsolicited proposals from EQT, all of which were rejected. However, the current offer …
May 20, 2024, 10:02 a.m.
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Bandai Namco Achieves Record Sales and Increased Profits Despite Decline in Video Game Sector
Bandai Namco has unveiled its comprehensive financial results for the year, showcasing a robust performance across its business operations, despite experiencing a downturn in its video games segment. The Japanese publisher reported an all-time high in net sales, reaching ¥1.05 trillion ($6.74 billion), and witnessed a significant 12% rise in full-year profits, amounting to ¥101.4 billion ($651.4 …
May 20, 2024, 9:58 a.m.