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Ubisoft and Riot Collaborate on AI-Powered In-Game Safety
Ubisoft and Riot Games have introduced the Zero Harm in Comms research initiative, focusing on developing AI technology to safeguard players from toxic in-game interactions. The project aims to create a comprehensive database encompassing diverse player types and in-game scenarios. By leveraging the data collected, the AI system is expected to become increasingly sophisticated and context-aware. …
Nov. 16, 2022, 8:26 p.m.
News
Germany's Games Fund Allocation Boosted to €70 Million
Germany's federal parliament has approved a significant increase in the national budget for the video game industry, bringing the total allocation to €70 million. Initially introduced in 2020, the fund provides financial support to game developers, covering up to 50% of their development costs. The program has yielded impressive results, with a 26% growth in game companies and a 12% rise in emplo…
Nov. 16, 2022, 6:21 p.m.
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Majority of Motorsport Games' Board Resigns Amid Funding Dispute
Motorsport Games, the developer behind NASCAR Rivals, has experienced a significant shake-up in its board of directors. According to an SEC filing, independent board members Peter Moore, Neil Anderson, and Francesco Piovanetti resigned on November 9 due to disagreements with Motorsport Games' majority shareholder, Motorsport Network, regarding proposals for raising funds. Motorsport Network had r…
Nov. 16, 2022, 3:23 p.m.
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Microsoft Halts Production of Keystone Streaming Console Due to High Costs
Phil Spencer, the head of Xbox, has provided more insight into why Microsoft has put its plans for a streaming-only console on hold. The project, codenamed 'Keystone', was deemed too expensive to produce. In an interview on The Verge's Decoder podcast, Spencer explained that the cost of building the device with the desired hardware was higher than anticipated, leading the team to focus on develop…
Nov. 16, 2022, 10:33 a.m.
News
Singapore to Host Inaugural Olympic Esports Week
The International Olympic Committee has confirmed that Singapore will host the first-ever Olympic Esports Week from June 22 to June 25. This groundbreaking event will feature the inaugural live finals of the Olympic Esports Series, building upon the success of the 2021 virtual competition, which drew 250,000 players from 100 countries. The in-person event will showcase a range of virtual sports, …
Nov. 16, 2022, 9:55 a.m.
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Grammy Awards Unveil Inaugural Nominees for Video Game Category
The nominees for the upcoming Grammy Awards have been revealed, featuring notable video game soundtracks from Call of Duty, Guardians of the Galaxy, and Assassin's Creed Valhalla. Earlier this year, a new category was introduced to recognize the best soundtracks in video games and other interactive media. The first-ever nominees in this category include: - Aliens: Fireteam Elite, composed b…
Nov. 16, 2022, 9:52 a.m.
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Global Gaming Market to Experience 4.3% Decline in 2022, According to Newzoo
In summary: The global gaming market is projected to reach $184.4 billion in 2022, marking a 4.3% year-over-year decline - the first decrease in Newzoo's market tracking history. This revised forecast is significantly lower than the initial $196.8 billion estimate made earlier this year. Newzoo attributes the decline to factors including a slower-than-expected console market performance and a cor…
Nov. 15, 2022, 4 p.m.
News
Noodle Cat Secures $4.1 Million in Funding for Innovative Game Development Studio
Noodle Cat Games has successfully raised $4.1 million in seed funding to establish a game development studio centered around a flexible and iterative development approach, emphasizing trust, creativity, and empathy. The studio was co-founded by former Epic Games veterans, including David Hunt, Michael Noland, and Ed Zobrist, who now serve as CEO, CTO, and business advisor, respectively. With a te…
Nov. 15, 2022, 3:01 p.m.
News
Gearbox Shanghai Emerges from Eidos Shanghai Rebranding
Gearbox Entertainment has expanded its operations with the rebranding of Eidos Shanghai to Gearbox Studio Shanghai, marking a significant addition to its global presence. The studio's leadership will remain unchanged, with Gigi Ning, formerly at the helm of Eidos Shanghai, continuing as general manager of Gearbox Studio Shanghai, reporting to Gearbox Publishing's San Francisco office. According t…
Nov. 15, 2022, 2:59 p.m.
News
Thunderful Sees 5% Decline in Q3 Revenue, 76% Drop in Profits
Thunderful has published its Q3 financial report, which covers the period ending September 30, 2022. The results indicate a decline in both revenue and profit for the Swedish publisher and distributor. Revenue decreased by 4.8% to SEK 703.4 million, equivalent to $67.8 million, while profits plummeted by 76.5% to SEK 11.4 million, or $1.1 million. However, the company's games division experienced…
Nov. 15, 2022, 11:54 a.m.