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Capcom returned to profit in Q1

Cost reduction measures made the difference in a quiet quarter for game launches

Konami sees 38% games profit surge in Q1

Global rollout of Pro Evo 2017 on mobile boosted both revenue and profits in the first fiscal quarter

Tencent buys 9% of Frontier Developments

Chinese company will pay £17.7 million for newly issued shares, Frontier's market cap now above £200 million

By Matthew Handrahan

Live services power EA to Q1 growth

Publisher beats expectations with $1.425 billion in revenue, namechecks Battlefield 1, EA Sports Ultimate Team, The Sims 4

By Brendan Sinclair

Nintendo Switch hit 4.7 million shipped in fiscal Q1

Mario Kart sold in 3.54m units in launch quarter, Arms sold 1.18m units in two weeks

By Matthew Handrahan

Software up, hardware down in latest Xbox financial results

Gaming revenue for last quarter at $1.65bn, Xbox Live users rises to 53m

By James Batchelor

UK video games tax relief payouts up 60% to £73m

Claims more than double year-on-year to 280 in 2016/17

By James Batchelor

Razer could be valued at $5bn ahead of IPO - report

Accessories firm aiming to become publicly listed around October

By James Batchelor

N3twork buys Agamemnon mobile UA platform

Ex-Rovio VP Eric Seufert joins the company as part of the acquisition

By Matthew Handrahan

Highmark raises $2m for games that battle brain disease

Canadian start-up's oversubscribed seed round attracts investors, studio also names new CFO

By James Batchelor

Ubisoft's sales are more than 80% digital

No new major releases in Q1, but overall sales still climbed 45% for the French publisher

By James Brightman

VR hand tracking firm Leap Motion raises $50m

“Natural input through full hand tracking is inseparable and fundamental to the future of VR/AR"

By James Brightman

Playdemic's Golf Clash generates $1.1m in a single day

Studio aims to reap revenues of over $100m by the end of the year

By James Batchelor

Games business worth $200 billion by 2021 - Digi-Capital

Firm says this year will see hardware and software drive $150 billion in revenues, but it's become a "two speed market"

By James Brightman

Force Field VR raises €1 million in funding

New money will support Landfall developer's further activities in high-end location-based VR

By Matthew Handrahan

nDreams secures £2.7m further investment

Apax Partners' Paul Fitzsimons joins as Chairman, Geomerics' Rob Precious made non-executive director

Sports Direct buys large stake in struggling GAME

Retail billionaire Mike Ashley takes almost 26% in the retailer

By Christopher Dring

Brian Fargo's inXile secures $4.5m investment from gumi VR

Veteran plans to follow Mage's Tale with open-world survival VR title; gumi investment is part equity, part funding for development

By James Brightman

Logitech buys Astro for $85 million

Popular eSports headset brand represents a step into the console market for Logitech

By Matthew Handrahan

Outplay doubles revenue to £15.5m

Scottish developer also recorded profit at £687,000 in 2016

By James Batchelor

Vicarious founders' new start-up secures $7m for experimental new ideas

“I wish there were more companies focused just on discovery aspect of development”

By Christopher Dring

Chinese games market is the world's biggest at $25.6bn

Expected to grow to $29bn by the end of 2017, currently represents 25% of the global market

By James Batchelor

Brexit prompts League of Legends price hike

Riot Games increasing the cost of virtual currency by 20% from July 25th

By James Batchelor

Ex-Nonstop, King developers form new studio, secure $775,000 in funding

Mighty Bear Games is funded by Global Founders Capital and incubated by the Singapore government

By James Batchelor

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