Free-to-play business model starting to generate a “geiser of money” for iPhone game makers
Purchase of virtual goods are starting to take off on the iPhone and game startups are starting to prosper from the added revenue, according...
Gendai Games raises $1M in first round for game creation tools
Gendai Games, a startup with a game creation tool for the iPhone, has raised over $1 million in a first round of funding. Techcrunch...
NBC/GE joint venture invests $2M in game voice chat firm Vivox
Peacock Equity has invested $2 million in online game voice-chat company Vivox. Peacock is a joint investment fund of General Electric Capital’s Media, Communications...
Curt Schilling’s online game firm 38 Studios considers $75M loan incentive from Rhode Island
Curt Schilling’s Maynard, MA-based 38 Studios, which makes massively multiplayer online games, will meet with Rhode Island’s Economic Development Corporation to discuss a possible...
Activision Blizzard taps ad executive for top game publishing post
Activision Blizzard said today it has filled the chief executive job for its Activision Publishing division, which publishes blockbuster games such as the Call...
Hi5 raises $14M as it shifts into social games and virtual goods
Social network Hi5 said today it has raised $14 million in a second round of funding as it tries to shift into social games...
Offerpal lays off staff after losing key Facebook deal
Offerpal Media said today it is laying off an unspecified number of staff, in part because it lost out to a rival in the...
Nvidia goes for price-sensitive gamers with powerful new graphics chips
After much delay, Nvidia launched its high-end graphics chip, code-named Fermi, this spring. But a new generation of Fermi has arrived just in time...
Will Modern Warfare 3 debut in November 2011?
The latest amended complaint in the lawsuit between the fired co-founders of Infinity Ward and parent company Activision Blizzard reveals some interesting schedule details...
Fired Infinity Ward founders and employees accuse Activision of running a police state
The fired co-founders of Infinity Ward — the creators of the bestselling game of all time, Call of Duty Modern Warfare 2 — and...