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...
Viximo raises $5 million, replaces CEO for virtual goods business
Viximo has raised a $5 million round of funding and appointed an acting chief executive. Rob Frasca, the former chief executive, left the company...
EA’s Spore game creature uploads strong, but game sales now on the decline
Electronic Arts announced today that the number of creatures created for its Spore game has passed 100 million. That sounds wildly successful, and it...
Big Fish Games swallows Grubby Games
Big Fish Games has acquired game development studio Grubby Games as it makes its first big spend from the whopping $83.3 million war chest...
The iPhone’s I am Ninja game asks where you learned to blow
Ninjas and iPhones are a good mix. That’s clear to Axo Studios, which is launching the deliberately ungrammatical game, I am Ninja, on the...
Booyah to launch cause-oriented iPhone entertainment apps
Booyah is nearing the completion of its first round of cause-oriented apps for the iPhone. Keith Lee, (pictured below) chief executive of the Palo...
KingsIsle’s Wizard 101 hits 2 million users, sells gift cards
Apparently a lot of people want to learn how to be wizards. The Wizard101 virtual fantasy world has now passed two million unique registered...
Future Ads launches PlaySushi.com casual games site
Future Ads has launched a new casual games site, PlaySushi.com, aimed at younger players. The company already operates Gamevance.com, a casual game site for...