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Tencent joins Exit Plan Games' third investment round

SISU Game Ventures, Smok VC, One Two Play, and Venture Inc also contributed to the round

By Marie Dealessandri

Nvidia reportedly could abandon Arm acquisition

Bloomberg report says the company has told partners "that it doesn't expect the transaction to close"

By Marie Dealessandri

Raven unionisation plans continue without Activision Blizzard recognition

Publisher did not respond to workers' request, says it will respond to National Labor Relations Board petition

By James Batchelor

Latest Business articles

Outerverse publisher says NFT scammers targeted its game

Freedom Games says blockchain project using Outerverse name and assets has no connection to the actual game

By Brendan Sinclair

Legal trends for the games industry in 2022 | Opinion

Advant's Dr. Andreas Lober and Luca Guidobaldi shares their predictions for the Metaverse, European law and more

By Dr Andreas Lober and Luca Guidobaldi

Player sued by Roblox banned by court order

Robert 'Ruben Sim' Simon also won't be allowed to go within 100 feet of any Roblox office

By Marie Dealessandri

Call of Duty QA workers vote to unionize

78% of Raven Software testers vote to form union, ask Activision Blizzard to voluntarily recognize a group of 34 members

By Brendan Sinclair

Stillfront acquires 6Waves for $201m

Update: Company to purchase 100% of the shares in the Hong Kong-based mobile publisher, including Nexon's 34.8% stake

By James Batchelor

2021 sets record for US games spending at $60.4bn | US Annual Report

Call of Duty: Vanguard was the best-selling title of the year, while the Nintendo Switch remains the top console

By Jeffrey Rousseau

Spyke Games raises $55 million

The Turkey-based studio is due to launch its debut title, Royal Riches, within the next few weeks

By Marie Dealessandri

How to secure funding for your indie game

Global Top Round's Pontus Mahler deciphers the world of funding, from accelerators to venture capital

By Pontus Mahler

Individuals linked to alleged Twitch Turkish money laundering ring arrested

40 were detained following wide investigation sparked by last year's creator payout information leak

By Jeffrey Rousseau

Krafton sues Apple, Google, Garena over Free Fire

PUBG maker files suit against app store owners and developer of "blatantly infringing" mobile game

By Brendan Sinclair

New fund Bright Gambit launches to support "overlooked" game devs

Initiative says it intends to help bridge the gap between funding and market experience for smaller-sized creators

By Jeffrey Rousseau

Frontier sees net loss of 1.7m

UK developer marks a decline as early sales of Jurassic World Evolution 2 were “lower than expected”

By Danielle Partis

Saudi Arabia, United Arab Emirates and Egypt markets worth $1.76bn in 2021

65.32 million people across the three countries played games last year, 85.76 million expected by 2025

By Marie Dealessandri

UK games market down 3.3% to 4.2bn in 2021

But total revenue was up 13.9% compared to pre-pandemic levels

By Marie Dealessandri

Team 17 acquires Hell Let Loose IP and indie publisher The Label

Value of two deals exceeds $100 million, Team17 is creating core games label

By James Batchelor

Looking ahead at UK games regulation in 2022

Games businesses will need to keep an eye on the UK's position on loot boxes, subscriptions, mobile ecosystems and more

By Isabel Davies

Apple is first company to reach $3 trillion market cap

The tech giant's shares reached $182.88 a piece at their highest yesterday

By Marie Dealessandri

Roblox founder reportedly exploiting tax break loophole

David Baszucki has made use of the Qualified Small Business Stock exemption "at least 12 times"

By Marie Dealessandri

Riot Games reaches $100m agreement for sexual harassment case

League of Legends maker settles 2018 litigation that alleged gender discrimination and a toxic work culture

By Jeffrey Rousseau

California court to block DFEH intervention on Activision settlement

Update: Judge Dale S. Fischer has ruled to deny the DFEH 's intervention

By James Batchelor

Embracer Group acquires Perfect World Entertainment, Digic

This week's acquisitions amounted to a combined initial purchase of $339 million

By James Batchelor

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