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Global Mobile Gaming Revenue Sees 2% Decline, Reaching $107 Billion in 2023
According to a recent report by Data.ai, the global mobile gaming market generated $107 billion in revenue in 2023, marking a 2% year-over-year decline. The report highlights that mobile gamers spent an average of $1.5 billion per week on games, with over 1.1 billion downloads throughout the year. China led the market in terms of player spending, with a total of $37.6 billion, followed by the US,…
Jan. 10, 2024, 3:55 p.m.
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Esports Wales Secures £50,000 Funding Boost
A significant investment of up to £50,000 has been awarded to Esports Wales through Media Cymru's Development Fund. According to reports by Esports Insider, Esports Wales is among 24 businesses and freelancers to receive funding, aimed at driving project development and innovation. The allocated funds will be utilized to further establish and support the national Welsh Esports League, launched …
Jan. 10, 2024, 11:42 a.m.
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Revamped Steam Policy Welcomes AI-Driven Games
Valve Corporation has revamped its Steam review policy to accommodate games that utilize artificial intelligence, stating that it will approve the majority of such titles. However, the company has established new guidelines, including the requirement for developers to disclose their use of AI in game development. Valve categorizes AI content into pre-generated and live-generated types, both of wh…
Jan. 10, 2024, 10:52 a.m.
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Square Enix Contributes $345,000 to Support Earthquake Relief Efforts
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Jan. 10, 2024, 10:48 a.m.
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SAG-AFTRA and Replica Studios Sign Landmark AI Voice Deal
SAG-AFTRA and Replica Studios, a leading AI voice technology company, have unveiled a groundbreaking agreement on the use of artificial intelligence in voice work. The pact seeks to promote the responsible and ethical use of AI-generated voices in creative projects, ensuring fair and equitable employment opportunities for voice actors. According to the announcement, licensed voices can now be uti…
Jan. 9, 2024, 9:58 p.m.
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MSI Introduces the Claw, a New Handheld Computing Device
At the CES 2024 event, MSI unveiled its latest innovation, the Claw, a handheld PC device. According to reports from The Verge, the company plans to launch three variants of the device, with prices ranging from $699 to $799. The base model will come equipped with 512GB of storage. The handheld console will be powered by Intel's latest Meteor Lake Core Ultra processor. Additionally, it will featur…
Jan. 9, 2024, 3:58 p.m.
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Pokémon TV App to Cease Operations
The Pokémon Company has revealed plans to discontinue both the Pokémon TV app and its accompanying website. The app, which offered free episodes of the animated series, was removed from digital stores on January 8. However, users who have already downloaded the app can continue to use it until the official shutdown on March 8. The company has also provided a list of alternative streaming services…
Jan. 9, 2024, 3:11 p.m.
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Second Dinner Secures $100 Million in Series B Funding
Second Dinner has successfully raised $100 million in its Series B funding round, led by the investment firm Griffin Gaming Partners. The company behind Marvel Snap will continue to operate independently, leveraging the investment to fuel the development of new games, nurture an original intellectual property, and drive continued growth. According to Matt Wyble, Second Dinner's Chief Creative Off…
Jan. 9, 2024, 12:19 p.m.
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ByteDance Engages in Discussions to Divest Gaming Division
Subscribe to GI Daily for the latest updates delivered to your inbox. ByteDance, the parent company of TikTok, has acknowledged that it is presently negotiating the sale of its gaming operations. This confirmation is based on a report by the South China Morning Post, which states that the company is in discussions with multiple potential buyers, including Tencent, the world's largest gaming com…
Jan. 9, 2024, 11:22 a.m.
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Unity Undertakes Major Restructuring, Resulting in Significant Job Cuts
In a recent move, Unity has initiated a substantial round of layoffs as part of its ongoing restructuring process, leading to the elimination of approximately 1,800 positions. According to a report by The Verge, the layoffs were officially disclosed in a filing submitted to the United States Securities and Exchange Commission. In the filing, Unity attributed the decision to its efforts to "reali…
Jan. 9, 2024, 9:51 a.m.