Shawn Fanning negotiating to sell social gaming company Rupture for $30M
Shawn Fanning, who gained fame after launching early music file sharing company Napster, is in advanced stages of talks to sell his most recent...
Giant Realm raises another $2 million for male entertainment portal
Giant Realm said it has raised $2 million from SoftBank Capital to expand its entertainment portal for male entertainment junkies and video gamers. The...
Grand Theft Auto IV sales top $500 million; id Software announces Doom IV
It’s a big day in video games. Take-Two Interactive said worldwide sales of Grand Theft Auto IV have surpassed $500 million in its first...
Bigfoot Networks raises $8.75 million for gaming hardware business
Bigfoot Networks has raised $8.75 million in a second round of funding to expand its business of making networking cards for gamer computers. Investors...
Microsoft’s PopFly makes it easy to create your own arcade games
Microsoft is announcing today that it has created a easy-to-use Popfly Game Creator, a software tool that makes it easy for anyone to create...
Updated: Chinese online game market forecast to more than triple in five years
[Update: corrected some figures here] China’s online video game market is expanding rapidly, with sales expected to nearly quadruple from $1.7 billion in 2007...
Turbine picks up $40 million, keeps mum about its next steps
Jim Crowley, the CEO of Turbine, isn’t an easy man to get a straight answer from. I heard that his company, which makes “massively...
Kongregate to launch Facebook games, raises $3 million from Amazon’s Jeff Bezos
As part of the “indie” movement, Kongregate has been trying to do for user-generated video games what YouTube did for user-created videos. The company...
Dean’s post on buying Grand Theft Auto IV at midnight
I made a trip to the local Game Crazy store at midnight to pick up a copy of Grand Theft Auto IV for $60....
Bing Gordon leaves Electronic Arts to join Kleiner Perkins
Electronic Arts‘ chief creative officer William “Bing” Gordon announced today he is leaving the video game company he joined in 1982 to become a...