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Tencent crosses $500 billion market cap milestone

Gaming giant is the first Chinese tech company to cross that financial mark

By James Brightman

Mind Candy receives $1m cash injection

Investment could help lay foundations for studio's turnaround

By Haydn Taylor

MAG Interactive plans $68m IPO

Ruzzle developer targets listing on Nasdaq First North Premier, cornerstone investors already commit to $27m

By James Batchelor

Vivendi: No plans for Ubisoft takeover for six months

French media giant still has aspirations to grow in gaming, but says it will limit stake in Assassin's Creed publisher for now

By Brendan Sinclair

Starbreeze Studios reports pre-tax loss of $4.1m as it enters phase of expansion

Developer states intention to achieve revenues of $237 million in 2020 [UPDATE: Dead by Daylight has sold 3m]

By Haydn Taylor

Launchpad comes to Africa to support tech start-ups

Mentorship program provides companies with over $3 million in equity-free support

$1.2bn games business lifts NetEase revenues up by more than a third

Chinese publisher reports revenues of $1.9 billion, profits of $839.9m for third quarter

By James Batchelor

Kickstarter launches Patreon rival Drip

New crowdfunding platform allows creators to offer subscriptions for ongoing content, will integrate with Kickstarter

By James Batchelor

Tencent online gaming revenue exceeds $4bn in latest quarterly financials

Company-wide profit up to $2.7 billion, year-on-year increase of 67%

By Haydn Taylor

UK government pledges 2,000 visas, 61m investment to Tech sector

Number of visas doubled to bring in more talent, with three 20m schemes planned to grow Britain's digital industries

By James Batchelor

Razer raises $500 million with Hong Kong IPO

Successful floatation drives stock up 40%, sells just over one billion shares

By James Batchelor

FIFA, Dungeon & Fighter boost Nexon's nine-month results

"Impairment losses on prepaid royalties" for LawBreakers didn't prevent major increases in revenue and profit

By Matthew Handrahan

EA buys Titanfall studio Respawn

Deal could be worth around $450m if the developer hits performance incentives

By James Brightman

New Dragon Quest, old Final Fantasy drive Square Enix growth

Japanese debut of DQ XI, HD remaster of FF XII, and Nier: Automata push publisher to 24% sales growth for first half of fiscal year

By Brendan Sinclair

Zynga looks to solidify newfound profitability

Developer building a portfolio of card games to keep players engaged for “a very long period of time"

By Haydn Taylor

NBA 2K18, GTA Online drive Take-Two's Q2

CEO Strauss Zelnick says despite complaints of aggressive microtransactions, player spending "probably the best barometer of how a title's being received"

By Brendan Sinclair

Zynga turnaround continues, company buys Peak Games' card studio for $100m

Zynga has now posted two consecutive profitable quarters for the first time since going public

By James Brightman

Assassin's Creed Origins launch sales double Syndicate's

Strong return of historical action franchise a bonus as Mario + Rabbids, Rainbow Six Siege help push first half sales up 66% year-over-year

By Brendan Sinclair

Funding your game through cryptocurrencies

We speak to Reality Gaming Group about the advantages of using Initial Coin Offerings to boost your budget

By James Batchelor

Monster Hunter Switch drives Capcom's sales up to $295m

Nintendo title shows "stalwart performance", publisher expects downloads to account for one in three sales by April

By James Batchelor

Microsoft gaming revenue stalls ahead of Xbox One X launch

Strong Xbox software and services revenue offset by lower hardware revenue

By Haydn Taylor

UK games tax relief extended to 2023

European Commission renotifies tax incentive scheme, granting another six years of support for British developers

By James Batchelor

Glu Mobile revenue reaches $81.1 million in third quarter financials

Design Home drives 58% year-on-year growth for mobile developer

By Haydn Taylor

Sonic Mania success makes up for digital shortfalls in Sega financials

Retro platformer leads packaged game sales of 8.65 million, but publisher hopes for stronger download performance by April

By James Batchelor

Razer confirms Hong Kong IPO

Gaming accessories firm offering shares that would raise nearly half a billion US dollars

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