TGE Index Investment Report - Q4 & Year-End 2020
Tencent, Qualcomm, and Vivo recently announced a new partnership, with a view to refining game experiences by harnessing the potential of on-device mobile AI. We've all heard so much about AI in recent months that it's easy to assume any reference [...]
Take-Two Interactive Revenue up 54%; Blizzard Employees Angered over Pay Disparity
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Take-Two Interactive revenue up 54%; Blizzard employees angered over pay disparity; and Ubisoft partners with Parsec. Take-Two Interactive revenue up 54% Take-Two Interactive Software Inc. has reported company-record [...]
Riot Games Terminates Neom Partnership; Volograms Raises €1.5m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Riot Games terminates Neom partnership; Volograms raises €1.5m (£1.4m); and Konami enters PC hardware market. Riot Games terminates Neom partnership Riot Games has announced that it has terminated [...]
Microsoft to Shutter Mixer; Facebook Acquires Ready At Dawn Studios
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Microsoft to shutter Mixer; Facebook acquires Ready at Dawn Studios; and Overwolf acquires CurseForge assets from Twitch. Microsoft to shutter Mixer Microsoft has announced that it will shutter [...]
Admix Secures USD$7m Series A Funding; DMarket raises USD$6.5m (£5.2m)
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Admix secures USD$7m (£5.6m) Series A funding; DMarket raises USD$6.5m (£5.2m); and Machinations closes €580,000 (£520,000) seed round. Admix secures USD$7m (£5.6m) Series A funding In-game and XR [...]
AT&T Mulls USD$4bn Warner Bros. Gaming Sale; Nazara Acquires Majority Stake in Halaplay
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: AT&T mulls USD$4bn (£3.2bn) Warner Bros. gaming sale; Nazara acquires majority stake in Halaplay; Aiva Technologies raises €1.5m (£1.3m); and Kahoot raises USD$28m (£22m). AT&T mulls USD$4bn [...]
Homa Games Partners with IRL Team; Lootlocker Raises SEK2.4m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Homa Games partners with IRL Team; LootLocker raises SEK2.4m (£201,000); and Paradox Interactive opens new Barcelona studio. Homa Games partners with IRL Team Homa Games has joined forces [...]
Tencent to Invest CN¥500bn in Infrastructure; League of Legends Adds In-Game Banners
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Tencent to invest CN¥500bn (£57.0bn) in infrastructure; League of Legends adds in-game banners; and Renegades CEO fined USD$15,000 (£12,000) by FINRA. Tencent to invest CN¥500bn (£57.0bn) in [...]
Tencent Online Game Revenue Climbs 31%; Unreal Engine Royalty-Free up to USD$1m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Tencent online game revenue climbs 31%; Unreal Engine royalty-free up to USD$1m (£815,000); and FACEIT to manage North American Rainbow Six Siege esports. Tencent online game revenue [...]
Sony Gaming Revenue Declines by 14%; Parsec Raises USD$7m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Sony gaming revenue declines by 14%; Parsec raises USD$7m (£5.7m); and Sleeper raises USD$20m (£16m). Sony gaming revenue declines by 14% Sony has announced its financial results for [...]
PlayStation Store Suspended in China; Unity Acquires Finger Food
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: PlayStation Store suspended in China; Unity acquires Finger Food Advanced Technology Group; and Rogue Games raises USD$2m (£1.6m). PlayStation Store suspended in China Sony has suspended the operations [...]
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