Finance

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5 Hirai refocuses Sony on games and mobile

2 years ago New president and CEO unveils One Sony plan at strategy presentation

1 Zynga spends $1.37 million on CEO's security

2 years ago After a high-profile IPO, Zynga has spent over a million to protect CEO Mark Pincus and his family

13 Sony expects record $6.4 billion loss

2 years ago As Sony's management shuffles, the company prepares for its biggest loss ever

8 Sony axing 10,000 jobs

2 years ago Sony to scale back labor costs with six percent workforce reduction

Shadowrun Kickstarter reaches funding goal in less than 24 hours

2 years ago Cult-status franchise hopes to reinvigorate after commercial failure of 2007 FPS title

Economy driving consumers to online casual play

2 years ago An ArcadeWeb survey shows consumers choosing more online casual titles because they are free-to-play

Bigpoint chooses Mazooma for US online bank transfers

2 years ago Mazooma will handle online transfers in North America for Bigpoint's biggest games

Flaregames secures EUR 2m in funds from Deutsche Telekom

2 years ago Free-to-play mobile developer planning 8 titles this year

Apple stock could hit $1,000 by 2014

2 years ago Analyst Gene Munster estimates Apple will be a trillion dollar company two years from now

Gamr7 to close, liquidation of all assets to begin

2 years ago Middleware city-building Urban PAD creator Gamr7 closes down due to looming debt

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2 Games Fund or Publisher 2.0?

Opinion 2 years ago Are indie funds just the old-fashioned publisher model by another name, asks Jonathan Newth

Game Industry Salary Survey shows indie salaries doubled in 2011

2 years ago 2011 was the rise of the independent developer

Dragonplay secures $14 million in funding

2 years ago Israeli gaming company focusing on casino games gets massive investment from Accel Partners

2 Leisure Suit Larry looks to Kickstarter for new life

2 years ago Replay Entertainment working with Al Lowe and Adventure Mob to relaunch Leisure Suit Larry

7 Zynga's secondary offering will see over 20 million executive shares sold

2 years ago Some Zynga execs are selling nearly 55 percent of their shares in secondary offering

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9 Silicon Knights "confused" by Canadian government withholding funding

2 years ago Both Dyack and Ontario have spoken up about the money that has yet to be granted to the studio

Best Buy cutting 50 US stores, 400 jobs

2 years ago Closures come after weak Q4 results, as Entertainment shrinks by 21%

Kickstarter sees massive uptick in pledges following Double Fine's success

2 years ago Pledges have been up across the board, but especially in the games category

Zynga holds secondary offering at $12 a share

2 years ago All shares to be sold by existing stockholders

DeNA can get $5 million in revenue from a seven-man team

2 years ago DeNA finds that social mobile gaming can be big money with very small development teams

RockYou to pay $250,000 in FTC settlement

2 years ago After failing to protect the data of 32 million users, RockYou will pay a civil penalty

China's online games market grew 32 percent in 2011, says study

2 years ago Pearl Research estimates the online games market at $9.2 billion by 2014

Exclusive

2 Silicon Knights never actually received any money from Canadian government

2 years ago For reasons unexplained, the developer was never sent the money it had been granted

Addmired gains funding in midst of brand change

2 years ago Social gaming firm raises another $8 million and changes name to Machine Zone

Year-long and quarterly sales and profit shrink at GigaMedia

2 years ago Lack of agility has resulted in "dysfunctional business model" says CEO

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