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Net Neutrality Reinstated by FCC
The Federal Communications Commission has made the decision to reinstate net neutrality regulations. These regulations prevent internet service providers from engaging in practices such as blocking, slowing, or prioritizing online traffic. Commissioner Anna M. Gomez emphasized, "Access to the internet is a fundamental necessity in today's world. There is widespread agreement on its importance…
April 26, 2024, 2:15 p.m.
News
Thunderful Offloads Nordic Game Supply to Acting CEO's Firm
Thunderful Group has decided to sell its distribution arm, Nordic Game Supply, to a company led by its acting CEO, as part of its efforts to restructure the business. The decision follows a strategic review initiated earlier this year after Nordic Game Supply's struggles with profitability since 2022 significantly contributed to Thunderful's $59.2 million loss, a stark contrast to the $11.8 milli…
April 26, 2024, 1:42 p.m.
News
New Game Studio Emerges: Nice Dream Games Founded by Before Your Eyes Creators
A group of developers who worked on the BAFTA-winning title Before Your Eyes have come together to establish a new game development studio called Nice Dream Games. The studio's founders, Oliver Lewin and Graham Parkes, who served as the game director and creative director/writer of Before Your Eyes, respectively, have reunited to work on a new project that builds upon their previous success. Thei…
April 26, 2024, 10:01 a.m.
News
Microsoft Sees Significant Gaming Revenue Boost from Call of Duty and Diablo, Despite Xbox Sales Decline
Microsoft's latest financial report reveals substantial growth in gaming revenues, largely attributed to the acquisition of Activision Blizzard. However, Xbox console sales continue to slump, with a 31% year-over-year decline - the steepest drop since the Xbox Series X and S debuted in 2020. The company's overall revenue rose 17% to $61.9 billion, driven primarily by the 23% growth in Microsoft C…
April 26, 2024, 9:51 a.m.
News
Arkadium Introduces Developer Partnership Initiative
Arkadium, a leading platform for browser-based games, has launched a program for third-party game developers. The initiative offers a revenue-sharing model, where developers receive 75% of the revenue generated by their games, and invites global game makers to participate in the Arkadium for Developers program. With this move, Arkadium aims to release at least 30 new titles developed by external …
April 25, 2024, 6:42 p.m.
News
Blizzard Announces BlizzCon Hiatus for 2024
Blizzard has revealed that BlizzCon will be taking a break in 2024, following a thorough review over the past year. In a recent blog post, the company stated, "We've made the decision not to host BlizzCon this year, a choice that wasn't taken lightly, as this event holds great significance for us and our fans." Despite exploring alternative event formats, Blizzard remains committed to bringing ba…
April 25, 2024, 5 p.m.
News
Meta Incurs Additional $3.8 Billion Loss in VR/AR Ventures
Meta released its quarterly earnings report after market close yesterday, revealing persistent losses in its Reality Labs division, which focuses on augmented and virtual reality. Despite these losses, the company's overall growth and profitability were driven by the success of its other business segments. Key financial highlights include: - Revenue of $36.5 billion, representing a 27% increase …
April 25, 2024, 1:12 p.m.
News
Garry's Mod to Purge All Nintendo Content Following Copyright Notice
Facepunch Studios has been served with a takedown notice by Nintendo, prompting the removal of all Nintendo-related content from Garry's Mod. In a Steam update, the developer informed its community that all workshop items associated with Nintendo's intellectual property will be deleted. As a sandbox game that allows users to create and share custom items, Garry's Mod has accumulated nearly two de…
April 25, 2024, 9:27 a.m.
News
Frostpunk Reaches 5 Million Copies Sold Since Its Release
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April 25, 2024, 9:24 a.m.
News
Steam Updates Refund Policy to Account for Pre-Launch Playtime
Valve has modified its Steam refund policy to include playtime accumulated during the pre-release phase when determining refund eligibility. According to a brief update on the Steam website, the adjustment applies to games available for pre-purchase with 'advanced access'. The policy now states: "Playtime earned during the Advanced Access phase is now included in the Steam refund timeframe." Pr…
April 25, 2024, 9:15 a.m.