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Farming Simulator 22 Reaches 6 Million Units Sold
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Jan. 30, 2024, 4:18 p.m.
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Loric Games Secures $4 Million in Funding and Appoints New Chief Production Officer
Loric Games has successfully raised $4 million in its most recent funding round, with 1AM Gaming and Hiro Capital leading the investment. The funds will be utilized to support the studio's current game development projects. Founded in 2022 by industry veterans Brian Johnson, Ray Soto, and Rob Denton, Loric Games is based in Arlington, Virginia. In addition to the funding, the studio has announced…
Jan. 30, 2024, 3:49 p.m.
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Aonic Launches Megabit, a New Publishing Venture
Aonic has introduced its latest publishing division, Megabit, designed to support the company's development studio network. Megabit's primary focus will be on providing publishing services to Aonic's in-house and external game development partners. Under the leadership of Managing Director of Global Publishing Benjie Clarke, the division is poised to make a significant impact. With a robust lineu…
Jan. 30, 2024, 2:39 p.m.
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Microsoft's Sarah Bond Criticizes Apple's New EU Policy as Misguided
Sarah Bond, Xbox's president, has expressed her disapproval of Apple's recent changes to its iOS policy, which aims to comply with the European Union's Digital Markets Act. According to Bond, the new policy is a backward step. Although Apple is now allowing third-party app stores on its mobile ecosystem as required by the DMA, it will be introducing a 17% commission fee on all transactions and a …
Jan. 30, 2024, 12:16 p.m.
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Kwalee Pours €1.5 Million into French Mobile Game Developer 8SEC
Kwalee has revealed a significant investment of €1.5 million in 8SEC, a French mobile game development studio. As part of this strategic move, Kwalee's Chief Financial Officer, Matthew Farrow, and Vice President of Mobile Publishing, John Wright, will take seats on 8SEC's board. Despite this investment, 8SEC will maintain its independence, continuing to operate out of its studios in Paris and Lyo…
Jan. 30, 2024, 10:28 a.m.
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Enshrouded Hits One Million Player Milestone in Record Time
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Jan. 30, 2024, 9:34 a.m.
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Preliminary Injunction Against Dark and Darker Developer Dismissed by Court
In a recent development, the court has dismissed a preliminary injunction filed by Nexon against Ironmace, the developer of Dark and Darker, over allegations of trade secret and copyright infringement. This update was shared by a staff member on Ironmace's Discord server. According to the statement, the court found that Ironmace's game does not infringe on Nexon's copyright or trade secrets, and …
Jan. 30, 2024, 9:18 a.m.
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Day of the Devs Transitions into a Nonprofit Entity
Day of the Devs has revealed its transition to an independent nonprofit organization, marking a significant milestone in its evolution. As part of this development, the entity has initiated its inaugural fundraising campaign, focused on covering essential expenses such as venue rental, equipment, personnel, and video production costs. By establishing a fiscal sponsorship with Legacy Global, Day…
Jan. 29, 2024, 9:54 p.m.
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Johanna Faries Appointed as New President of Blizzard Entertainment
Blizzard Entertainment has named Johanna Faries as its new president, effective February 5, succeeding Mike Ybarra who departed the previous week. Faries initially joined Activision Blizzard in 2018 as the commissioner of Call of Duty esports and most recently served as general manager of Call of Duty. Prior to her tenure at Activision Blizzard, Faries spent eleven years at the NFL, where she hel…
Jan. 29, 2024, 8:39 p.m.
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Eidos Montreal Announces Staff Reduction of 97 Employees
Eidos Montreal, a subsidiary of Embracer Group, has confirmed that it is reducing its workforce by 97 employees across various departments, including development, administration, and support services. In a statement released on social media, the company cited the current global economic climate, industry challenges, and the comprehensive restructuring efforts announced by Embracer Group as the re…
Jan. 29, 2024, 8:07 p.m.