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New SPAC outfit UTA Acquisition launches, led by Reggie Fils-Aimé

Company expected to be listed on NASDAQ from December 2 with $200 million IPO

By Danielle Partis

World Makers secures $3m investment from Makers Fund

Multiplayer game developer says it "is all about bringing innovative social experiences to life"

By Jeffrey Rousseau

Sneaky Panda raises $6m in seed funding round

Mobile game developer's first title aims to introduce "luck-puzzler" genre to the market

By Jeffrey Rousseau

Latest Business articles

Cudo closes $250,000 pre-seed funding round

Formerly known as The SkyFarm Company, the firm plans to develop original IP across different mediums, including Roblox

By Marie Dealessandri

Unity acquires SyncSketch

The terms of the acquisition of the synchronised real-time collaboration tool were not disclosed

By Marie Dealessandri

Nordisk acquires Flashbulb Games

The Danish studio is known for sandbox title Trailmakers

By Marie Dealessandri

Roblox suing banned player for fraud and breach of contract

Lawsuit claims YouTuber leads a "cybermob" that terrorises Roblox and its staff, seeks $1.6 million in damages

By James Batchelor

Government suspends Tencent from updating or launching apps in China

Temporary measure applies to over 100 games, but publisher assures that titles remain functional and available for download

By James Batchelor

Waysun takes majority share of Boss Bunny

Mobile games company to become Waysun's publishing arm for the Middle East, North Africa and Turkey

By Marie Dealessandri

Atari invests in Anstream, may buy MobyGames

MobyGames deal could see Atari purchase the site and corresponding database for $1.5 million by March 2022

By Marie Dealessandri

Indie publisher Plug In Digital raises $75m in Series B

Publisher behind The Forgotten City has more than 30 upcoming games in the pipeline

By James Batchelor

Lawsuit accuses Sony Interactive Entertainment of gender discrimination

Former staffer alleges gaming giant fired her after she detailed her experiences in a statement

By Jeffrey Rousseau

North Carolina establishes fund to attract esports events

State will pay up to 25% of qualifying expenses for gaming competitions, committing up to $5m a year

By Brendan Sinclair

Pocket Burger Games raises $1 million in funding round

The remote UK-based company says its a "creator-first game development studio"

By Jeffrey Rousseau

Niantic raises $300m at a $9bn valuation for "real-world metaverse"

Pokémon Go developer aims at creating "ever-evolving AR map of the world"

By Marie Dealessandri

Star Citizen crowdfunding passes $400m milestone

Cloud Imperium Games' title, which has been in alpha for nine years, now has over 3,3 million backers

GTA modding group fights back against Take-Two takedown

Team behind reverse-engineered project has filed a countersuit against the company

By Danielle Partis

Embracer games sales up 89%, group expecting 37 M&A within 12 months

The number of game development projects at the company increased 46% year-on-year to 197

By Marie Dealessandri

UK competition watchdog starts in-depth investigation of Nvidia's Arm acquisition

Investigation launched "on the grounds of competition and national security concerns"

By Marie Dealessandri

Gfinity revenue up 27% year-over-year, losses down 50%

Esports outfit begins to recover following period of instability and abandoned acquisition plans

By Danielle Partis

Remedy profit plummets as Control royalties decline

Operating profit at the studio went from €3.4 million in Q3 2020 to €290,000 for the same period this year

By Marie Dealessandri

Starbreeze net sales up to almost $4m

Losses and EBITDA stabilise following a “one-off” decline last quarter, Payday 3 still on track

By Danielle Partis

Digital Bros revenue drops 36% due to lack of new releases

Last year had seen the release of Death Stranding and Control on PC

By Marie Dealessandri

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