Activision Blizzard beats expectations as consumers keep playing its hit games
The video game industry isn’t falling off a cliff, thanks to franchises like World of Warcraft, Call of Duty, and Guitar Hero. Those are...
Microsoft buys game developer BigPark to beef up Xbox 360 offering
Microsoft has been scaling back its internal staff across the board and in games. But the software giant showed today that it’s still willing...
Nintendo posts soaring profits but warns of a slowdown ahead
Nintendo scored record profits for its fiscal year ended March 31, but the Japanese console king warned that its profit would dip in the...
WonderHill raises $7 million for online casual games company
WonderHill is announcing today that it has raised $7 million for its first round of funding for its web-based casual games. Its games include...
Duke Nukem Trilogy lives, but 3D Realms dies
3D Realms has been developing Duke Nukem Forever, a shooting game starring the crass Duke Nukem character, for just about forever. And now the...
A battle-weary THQ finishes year with $431 million loss
THQ is known for its fighting video games, but it took a lot of punches in 2009. For the fiscal year ended March 31,...
Moblyng launches cross-platform web and mobile games
Startup social media company Moblyng is announcing today that it can make casual web games that can be quickly and easily adapted to run...
China’s online game sales expected to grow 38 percent to $3.8 billion this year
[updated with interview] While sales of console games in the U.S. have stalled, there is no sign of a slowdown in China’s online game...
Microsoft’s Massive in-game ad business takes hits among 3,000 overall layoffs
[updated with new Microsoft comment] Microsoft announced a new round of layoffs today as it struggles to right itself after reporting tepid results last...
Electronic Arts reports lower loss than expected, readies huge Sims 3 launch
Electronic Arts posted a smaller loss than expected in part because it cut back on expenses much faster than it previously indicated. A bellwether...