Solana, Lightspeed, and FTX announce web3 gaming investment initiative
Solana Ventures, Lightspeed Venture Partners, and FTX have announced a $100 million investment initiative centered around Web 3 gaming. The investments in the initiative...
Core Loop raises $12M to develop sandbox MMO with blockchain
New game studio Core Loop has raised $12 million to develop a sandbox massively multiplayer online game using blockchain technology. The company was started...
Zynga launches FarmVille 3 for Android and iOS
Zynga today announced the launch of FarmVille 3, the most recent iteration of its casual game series. The game is now available on iOS...
Imagination launches its most-advanced ray tracing GPU for mobile
Imagination Technologies unveiled its most-advanced ray-tracing graphics processing unit (GPU) for games and other markets. The new IMG CXT will bring desktop-quality visuals to mobile...
Faraway raises $21M to make social games with player-driven economies
Faraway has raised $21 million to enable blockchain games with player-driven economies. Not bad for a company that started in June. Miami-based Faraway is...
Nintendo sells 8.3M Switch units in six months ended September 30
Nintendo sold 8.3 million Switch hardware units in the past six months ended September 30, the Japanese company reported today. For the six months...
Nintendo has 14 games that sold at least 1 million copies since April
Nintendo’s revenues were down year-over-year, but that was almost exclusively due to a tough comparison to Animal Crossing: New Horizons’ historic launch in 2020....
Majority of EA’s growth comes from live-service games
Electronic Arts held its second quarter earnings call for fiscal year 2022 earlier today. The publisher proclaimed the reporting period its strongest second quarter...
Star Wars: Galaxy of Heroes hits 100 million players milestone
Electronic Arts today announced that its mobile title Star Wars: Galaxy of Heroes has had more than 100 million players life to date. The...
Afterparty raises $3M so creators can share NFT social tokens with fans
Afterparty has raised $3 million for its nonfungible token (NFT) platform for creators to engage with their fans and generate better revenues. It’s part...