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Rhythm Shooter Metal: Hellsinger Hits 1 Million Player Milestone
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Dec. 22, 2022, 12:42 p.m.
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Overwhelming Public Support for Microsoft-Activision Deal, Reveals UK Regulator
A significant majority of the public comments submitted to the UK's Competition and Markets Authority regarding the proposed acquisition of Activision Blizzard by Microsoft expressed support for the deal. The regulator collected approximately 2,600 comments over a two-week period in October as part of its inquiry into the merger. However, about 500 of these comments were disqualified due to abusi…
Dec. 21, 2022, 8:24 p.m.
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Global Gaming Market Projected to Reach $184 Billion by 2022, According to Newzoo
Newzoo's latest report predicts the global gaming industry will yield $184 billion in revenue by 2022, marking a 4% decline from the previous year. The PC gaming sector is also anticipated to experience a downturn, with projected earnings of $2 billion, representing a 16% decrease. A comprehensive analysis of the global gaming market's segments has been provided by the intelligence firm. The decl…
Dec. 21, 2022, 5:23 p.m.
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European Regulators Investigate Microsoft's Acquisition of Activision Blizzard
The European Commission has dispatched a comprehensive inquiry to gauge the concerns surrounding Microsoft's planned acquisition of Activision Blizzard. According to Reuters, a detailed 91-page questionnaire was circulated earlier this month, targeting gaming companies, including publishers and developers. The questionnaire delves into the potential implications of Microsoft's business strategies…
Dec. 21, 2022, 4:20 p.m.
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2022 Sees High on Life as the Most Successful Game Pass Launch
It has been officially announced that High on Life has achieved the largest launch of the year on Xbox Game Pass, as well as the most successful single-player release on the platform since its inception. According to Xbox, the cartoon-style shooter from Squanch Games, founded by Justin Roiland of Rick and Morty fame, holds the record for the biggest third-party launch in Game Pass history. Since …
Dec. 21, 2022, 11:26 a.m.
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2022's Top Games | A Year in Review Podcast
In our last podcast of 2022, the GamesIndustry.biz team comes together to talk about their top game choices of the year. They also delve into some notable mentions - games they've spent a lot of time with in 2022 but didn't quite make it to the top of their list. You can find each team member's full thoughts on our website throughout the week. The podcast is available to stream, download, or subs…
Dec. 21, 2022, 9:30 a.m.
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GamePlay Space Closes After Eight Years of Operation
After eight years, GamePlay Space, a non-profit co-working space for game development, has ceased operations. Founded by Execution Labs, Concordia University, and other local entities, the organization struggled to remain viable amidst the COVID-19 pandemic and subsequent shifts in the work environment. Despite its closure, the organization remains committed to the values of knowledge sharing and…
Dec. 20, 2022, 9:05 p.m.
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Jingle Jam 2022 Raises $3.6 Million for Charity
The 2022 Jingle Jam event has garnered over €3.4 million ($3.6 million) in donations worldwide. This year's charitable recipients included Campaign Against Living Miserably, Special Olympics Great Britain, and Mermaids. Since its launch in 2011, the Bristol-based Jingle Jam has accumulated $22 million in charitable contributions. The funds raised this year will support various initiatives, includ…
Dec. 20, 2022, 5:26 p.m.
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Tencent Acquires 20% Stake in Shift Up, a Korean Gaming Company
Tencent Holdings has acquired a significant 20% stake in Shift Up, a prominent South Korean video game development studio. According to a report by the South China Morning Post, this investment positions Tencent as the second-largest shareholder in the company behind the successful game Goddess of Victory: Nikke. Notably, Goddess of Victory, which was published by Level Infinite, a subsidiary of …
Dec. 20, 2022, 3:32 p.m.
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UK Regulator Demands Nintendo Address Joy-Con Drift Issue and Provide Consumer Compensation
The UK's consumer protection organization, Which, has called upon Nintendo to offer compensation to customers who have experienced issues with Joy-Con drift. In a recent study, the group tested five pairs of Joy-Con controllers, all of which exhibited drift problems, with the left stick being the most affected. The investigation revealed manufacturing defects, including dust and contaminants insi…
Dec. 20, 2022, 12:59 p.m.