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US Federal Agencies Crack Down on Online Extremism in Social Media and Gaming
US federal agencies are taking steps to eliminate extremist content from online gaming communities. According to a recent Government Accountability Office (GAO) study, which involved interviews with representatives from Roblox, Discord, Reddit, and other major social media and gaming companies, domestic extremists are leveraging these platforms to spread their ideologies and recruit new members. …
March 15, 2024, 5:06 p.m.
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CCP Games to Open-Source Carbon Development Platform
In a significant move, CCP Games, the renowned developer of Eve Online, has revealed plans to make its Carbon Development Platform open source. This platform comprises the Carbon game engine, utilized by Eve Online, along with various components including blockchain technology. By opening up the platform, developers will have the flexibility to choose between leveraging the game engine or the blo…
March 15, 2024, 2:36 p.m.
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Over 5 Million Players Have Joined Wo Long: Fallen Dynasty
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March 15, 2024, 11:20 a.m.
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Virtuos Expands Portfolio with Acquisition of Beyond-FX
In a move to bolster its capabilities, Virtuos has acquired Beyond-FX, a renowned Los Angeles-based visual effects studio, for an undisclosed amount. Since its inception in 2015, Beyond-FX has established itself as a co-development studio, delivering high-quality VFX for AAA games, including notable titles such as Mortal Kombat 1, Valorant, and God of War. This strategic acquisition is set to enh…
March 15, 2024, 11:05 a.m.
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Behaviour Interactive Acquires Fly Studio
Behaviour Interactive has made a strategic acquisition of Fly Studio, a renowned multimedia production company founded in 1996 in Montreal. Fly Studio has an impressive portfolio, having collaborated with prominent brands such as Ubisoft, Cirque du Soleil, and Toyota on various mixed media projects. This acquisition marks Behaviour Interactive's move to broaden its market reach. The 25-member tea…
March 14, 2024, 7:05 p.m.
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Monopoly Go Surpasses $2 Billion in Consumer Expenditure
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March 14, 2024, 5:39 p.m.
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Gamestream Secures €4.5m in Funding
Gamestream, a French tech company founded in 2019, has successfully raised €4.5 million in investment. The company has already launched its cloud gaming platform across PC, TV, and mobile devices, with services available in Europe, Asia, and the Middle East. This new funding will be utilized to further expand the company's cloud gaming operations globally. According to Ivan Lebeau, President of G…
March 14, 2024, 4:56 p.m.
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Grom Social Enterprises Set to Acquire Arctic7
Grom Social Enterprises has revealed plans to acquire Arctic7, a studio that will continue to operate under its current strategy, developing its own intellectual properties and co-developing projects, while becoming a division of Grom Social Enterprises. Although the terms of the deal have not been disclosed, the companies have stated that they will unveil more details about the opportunities ar…
March 14, 2024, 3 p.m.
News
Tencent Acquires Two Game Development Teams from ByteDance
According to recent reports, Tencent has acquired two game development teams from ByteDance and merged them into a new entity. As per sources, including Reuters, the acquired teams comprise a Shenzhen-based studio focused on developing an action game and another team in East China working on an anime-inspired title. The merged teams are now part of Salusoi, a studio fully owned by a Tencent i…
March 14, 2024, 12:02 p.m.
News
Embracer Offloads Saber Interactive in $247 Million Deal
In a significant move, Embracer has finalized the sale of Saber Interactive for $247 million. The transaction, announced today, involves the transfer of select assets to Beacon Interactive, a newly established company founded by Saber's co-founder, Matthew Karch. As part of the agreement, Saber will retain ownership of several studios, including Nimble Giant, 3D Realms, and Mad Head Games, among …
March 14, 2024, 11:02 a.m.