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US Supreme Court Rejects Bid to Halt Microsoft's Acquisition of Activision
In a significant development, the US Supreme Court has declined a petition from a consumer group seeking to obstruct Microsoft's takeover of Activision Blizzard. The group had submitted an urgent request on Saturday to thwart the deal ahead of the July 18 deadline, but Supreme Court Justice Elena Kagan rejected the appeal. The plaintiffs had argued that the acquisition should be temporarily suspe…
July 19, 2023, 9:28 a.m.
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Neopets Declares Independence and New Beginnings
Neopets has officially announced its transition to an independent entity. This significant move was revealed through a statement outlining the company's fresh direction and goals. Previously operated under JumpStart Games, the web-based gaming platform was shut down last month. Despite operating at a financial loss for over a decade, Neopets secured $4 million in investments in 2023, which will b…
July 18, 2023, 3:01 p.m.
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Veterans from Bungie and EA Unite to Form Look North World
A group of seasoned professionals from EA, Bungie, and Kongerate have come together to establish Look North World, a new game development studio. The studio was founded by a team of experienced individuals, including Alex Seropian, Jay Pecho, Patrick Moran, Kyle Marks, Aaron Marroquin, and Prashant Patil. Seropian, the founder of Bungie Studios, will take on the role of CEO at Look North World. T…
July 18, 2023, 2:33 p.m.
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Roblox Workers Speak Out Against Lack of Workforce Diversity
A recent report has shed light on allegations of a discriminatory work environment at Roblox, where employees claim to have experienced marginalization and a lack of diversity initiatives. Current and former staff members shared their stories with Bloomberg, recounting instances of racist language and a lack of representation within the company, leading some to seek alternative employment opportu…
July 18, 2023, 1:13 p.m.
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UKIE Introduces New Guidelines for Paid Loot Boxes
The UK games industry, through UKIE, has unveiled a set of 11 guiding principles for paid loot boxes, developed in collaboration with industry stakeholders. The primary goals of these principles, available in full on the UKIE website, include limiting under-18s' access to loot boxes without parental consent and promoting transparency through targeted public awareness campaigns. The guidelines als…
July 18, 2023, 10:19 a.m.
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Microsoft and Activision Consider Extending Acquisition Deadline
Reports indicate that Microsoft and Activision are engaged in talks to possibly extend the deadline for their proposed $69 billion acquisition, initially slated for completion by July 18. Failure to meet this deadline would require Microsoft to pay a $3 billion fee to Activision Blizzard and renegotiate the terms of the acquisition. Despite having secured approval in the European Union and approx…
July 18, 2023, 9:56 a.m.
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Microsoft's UK Appeal for Activision Acquisition Put on Hold for Two Months
The appeal against the UK's rejection of Microsoft's proposed takeover of Activision Blizzard has been temporarily halted for two months. Initially, Microsoft and Activision Blizzard were set to appear in court before the Competition and Markets Authority, following the regulator's refusal to approve the $68.7 billion deal earlier in the year. However, both parties requested a pause in proceeding…
July 18, 2023, 9:03 a.m.
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Launching a Groundbreaking UK Video Game Industry Salary Comparison Tool for Businesses
Nineteen prominent UK gaming companies have already enrolled in a pioneering pilot program aimed at establishing industry-wide salary standards. This collaborative project, led by GamesIndustry.biz and its affiliate XpertHR, seeks to promote fair compensation and talent retention within the gaming sector. XpertHR currently offers similar services across various industries. The pilot program is …
July 18, 2023, 9 a.m.
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Develop: Brighton Sees GamesAid Raise ÂŁ23,000
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July 17, 2023, 5:38 p.m.
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Scallywag Arcade Founded by Seasoned UK Gaming Experts
A group of experienced UK gaming professionals have come together to establish Scallywag Arcade, an independent game development studio. The founding team boasts an impressive background, with previous experience at notable companies such as Merge Games, Evolution Studio, and Just Add Water. At the helm of the studio is CEO Spencer Crossley, who has had a distinguished career with major industr…
July 17, 2023, 4:07 p.m.