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Sony Cuts PS5 Production by 4 Million Units; Facebook Oculus Quest 2 Leaked
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Sony cuts PS5 production by four million units; Facebook Oculus Quest 2 leaked; and CNET Media Group sold to Red Ventures for USD$500m (£389m). Sony cuts PS5 [...]
Nvidia Acquires Arm for USD$40bn; Twitch Adverts Now Available Programmatically
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Nvidia acquires Arm for USD$40bn (£31bn); Twitch adverts now available programmatically; and Anubis Gaming raises USD$300,000 (£234,000). Nvidia acquires Arm for USD$40bn (£31bn) Nvidia has announced that it [...]
TGE Index Investment Spotlight - August 2020
TheGamingEconomy’s monthly spotlight of industry investments takes a closer look at a sample of video game transactions tracked by the TGE Index over the previous month. In the August 2020 edition: Wildlife Studio’s USD$120m (£91.8m) Series B round; Dynasty eSports' [...]
Unity Seeks Over USD$1bn from IPO; Razer Customer Details Reportedly Exposed
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Unity seeks over USD$1bn (£774m) from IPO; Razer customer details reportedly exposed; and Juked.gg opens crowdfunding campaign. Unity seeks over USD$1bn (£774m) from IPO Unity Technologies has set [...]
GameStop Posts USD$111m Loss; Xbox Series X Launch Details Revealed
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: GameStop posts USD$111m (£85.6m) loss; Xbox Series X launch details revealed; and Grimorio of Games and JanduSoft secure USD$450,000 (£346,900). GameStop posts USD$111m (£85.6m) loss Video game retailer [...]
New Senior Hires at Pubguard
Pubguard, the malvertising and ad quality platform and a subsidiary of leading in-game advertising platform Bidstack Group (LSE:BIDS), has announced the appointment of Andy Curran as CEO and Alan Ngai as COO. As CEO of Pubguard, Andy Curran will focus [...]
Paradox Interactive Staff Allege Poor Treatment; Gameye raises USD$2.4m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Paradox Interactive staff allege poor treatment; Gameye raises USD$2.4m (£1.8m); and Apple countersues Epic Games. Paradox Interactive staff allege poor treatment Multiple employees from Paradox Interactive have accused [...]
Microsoft Reveals Xbox Series S; PUBG Corp. Axes Tencent India Publishing Contract
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Microsoft reveals Xbox Series S; PUBG Corp. axes Tencent India publishing contract; and WinZo raises USD$18m (£14m). Microsoft reveals Xbox Series S Microsoft has officially unveiled its next-generation [...]
Epic's Suit Against Apple Continues; Japan Heightens Scrutiny Against Apple
The Gaming Economy daily digest brings you the leading news from the gaming industry. In today’s edition: Epic files a motion to prevent Apple from launching countermeasures during the pair's ongoing court case; criticism of Apple becomes more apparent in [...]
IDFA Changes Could Trigger Job Losses; Skillz Prepares for IPO
The Gaming Economy daily digest brings you the leading news from the gaming industry. In today's edition: mobile marketing firm Consumer Acquisition warns that impending changes to Apple's IDFA could usher in substantial job losses; e-sports platform Skillz prepares to [...]
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