Financial

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Funcom back in black after $6.3m investment

Yesterday Debt management and cash injection see Conan studio's future secured

Tencent thought to be interested in Supercell purchase

3 days ago The world's biggest games company also announced a new console for China

Lucid Sight raises $3.5m in Series A

10 days ago "The only place to effectively promote a VR experience is within another VR experience"

1 Softbank rumoured to be considering Supercell sale

11 days ago Japanese firm and majority stake holder thought to value developer at $5bn

Sega returns to profit on cuts and streamlining

14 days ago But revenue across Sega's games business was flat or in decline as new products failed to excite

1 Ubisoft reports full year earnings

15 days ago "The performances delivered by The Division and Far Cry Primal exceeded our expectations"

1 Square Enix doubles annual profits

15 days ago Publisher books nearly 20bn Yen ($184m) across business

1 Bandai Namco profits slip, Dark Souls III soars

16 days ago From Software's has shipped 3 million, but it launched a few days from the close of the fiscal year

Jobs

14 Disney Infinity is dead as Disney exits game publishing

17 days ago Avalanche is being shuttered and 300 jobs are now lost as a result

Star Wars Battlefront ships 14m copies, EA enjoys "phenomenal" FY2016

17 days ago “We grew non-GAAP net revenue, profitability and cash flow to record highs,” said CFO Blake Jorgensen

Metal Gear and mobile games give Konami a boost

17 days ago Digital Entertainment division doubled its operating profit in the last fiscal year, but Konami sees decline in its future

1 Capcom forecasts digital shift after solid fiscal year results

18 days ago Packaged games will receive "limited sales runs" as the company pursues growth in digital games and Asian markets

Jobs

Glu confirms 100 jobs cut in five months following Q1 loss

23 days ago "We cut nothing that was actually going to deliver in our mind certain revenue later this year"

Vivendi increases its stake in Ubisoft to almost 18%

28 days ago The company denies that it's trying to take over the Assassin's Creed publisher, however

Sony shipped 17.7 million PS4s in the last fiscal year

29 days ago Operating profit for games up 84 per cent, while Network revenue doubled year-on-year

3 Nintendo's tumbling profits underline need for new hardware

A month ago Fiscal year net income down 60 per cent; Wii U sold 3.26 million units in 12 months, could halt production by March 2018

Apple sees iPhone sales fall

A month ago Sold 51.2 million in latest quarter

Paradox will offer 15 per cent of its stock in IPO next month

A month ago IPO will be done in the "Paradox way," focusing on, "employees, fans and the general public in Sweden"

Helsinki's Armada Interactive secures $3m seed funding

A month ago "“This initial investment allows us to produce and launch a truly astonishing first title"

Xbox Live sees growth but hardware dips in Microsoft's Q3

A month ago Xbox Live monthly active user base stands at 46 million

Nazara invests in Mastermind Sports

A month ago Indian firm buys 26% of London second screen specialist

Fairytale Distillery gets additional funding for MMORPG

A month ago Brings funding total to €180,000

Jobs

10 Microsoft reveals equal pay progress

A month ago "For every $1 earned by men, our female employees in the U.S. earn 99.8 cents"

Animoca Brands raises $6.5 million from share placement

A month ago Hong Kong based mobile company closes second share placement in less than six months

Gambitious looking for 50 new investors

A month ago "Gambitious is committed to respecting the investors"

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