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Google and Nvidia Voice Concerns to FTC Over Microsoft's Activision Blizzard Acquisition
Google and Nvidia have reportedly shared their concerns with the Federal Trade Commission regarding Microsoft's proposed acquisition of Activision Blizzard. The US regulator is preparing for an August 2nd hearing after filing a complaint against the merger last month. According to Bloomberg, both companies provided information to the FTC, expressing concerns that the acquisition could give Micros…
Jan. 13, 2023, 11:01 a.m.
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Xsolla Expands Global Reach with New Kuala Lumpur Office
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Jan. 13, 2023, 10:49 a.m.
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Amazon's Gaming Division to Undergo Leadership Change as John Smedley Departs
Following a six-year tenure, John Smedley is set to leave his position at Amazon Games. According to a report by Bloomberg, Smedley's exit is attributed to the struggles faced by the game division. In an email to staff, as reviewed by Bloomberg, Smedley stated, "I've decided it's time for me to explore new opportunities." During this transition period, Andy Sites will assume the role of studio he…
Jan. 12, 2023, 3:46 p.m.
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Deep Rock Galactic Reaches 5.5 Million Units Sold Since Its Release
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Jan. 12, 2023, 12:47 p.m.
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Saudi Arabia Boosts Nintendo Holdings to 6%
Saudi Arabia has bolstered its investment in Nintendo, increasing its stake to 6%. According to a report filed with Japanese regulators by the country's Public Investment Fund and cited by Reuters, the fund's stake now stands at 6.07%, up from 5.01%. This move follows Saudi Arabia's previous investments in the gaming industry, including a $1 billion stake in Embracer Group, equivalent to approxim…
Jan. 12, 2023, 10:17 a.m.
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Developer Direct Event Scheduled for January 25: Xbox and Bethesda
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Jan. 11, 2023, 7:33 p.m.
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Ubisoft Downgrades Financial Outlook, Cancels Three Unreleased Games
Ubisoft has significantly revised its financial projections for the current fiscal year, announcing a series of strategic adjustments. The company had invested heavily in developing long-term live games and adapting its key franchises, such as Assassin's Creed and Far Cry, but some of these projects have yet to be released and recent launches have underperformed. The holiday season saw slower-tha…
Jan. 11, 2023, 6:25 p.m.
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Global Mobile Gaming Revenue Sees 5% Decline to $110 Billion in 2022
According to a report by Data.ai, the global mobile gaming market experienced a 5% year-over-year decline in revenue, reaching $110 billion in 2022. The State of Mobile 2023 report highlights this downward trend in consumer spending on mobile games. China dominated the market with $42.4 billion in spending, followed by the US with $24.02 billion, Japan with $13.1 billion, South Korea with $5.28 b…
Jan. 11, 2023, 5:20 p.m.
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Xbox Introduces Eco-Friendly Updates to Minimize Gaming's Carbon Footprint
In a bid to make gaming more sustainable, Xbox has unveiled several updates aimed at reducing the environmental impact of its consoles. The Xbox Series S and X will now default to a low-power 'Shutdown' mode, which reportedly consumes 20 times less energy than the traditional 'Sleep' mode without compromising performance or update functionality. According to Xbox, this switch can significantly re…
Jan. 11, 2023, 5 p.m.
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Catalis Group Expands Portfolio with Acquisition of Secret 6
In a significant move, Catalis Group has acquired Secret 6, a prominent outsourcing firm specializing in 3D and 2D art, QA services, and comprehensive game development support, for an undisclosed amount. With operations in Madrid and Manila, Secret 6 boasts an impressive portfolio, having collaborated on a diverse range of projects, from blockbuster AAA titles such as The Last of Us: Part 2 and C…
Jan. 11, 2023, 9 a.m.