Illuminati Capital raises $50M for Web3 investments including games
Illuminati Capital has raised $50 million to invest in early-stage blockchain startups — including game companies. The hope is to bring its partners’ wealth...
Roblox stock drops 21% after missed expectations and rising costs
Roblox’s stock tumbled by over 20% since it announced its Q2 2023 financial results. While the company did increase bookings by 1% compared to...
Telltale acquires Flavourworks to boost narrative gaming
Narrative games firm Telltale has acquired interactive video tech company Flavourworks in a bid to expand Telltale’s storytelling game efforts. The acquisition aims to...
The Gayming Awards heads to Palm Springs for 2024 show
The 2024 Gayming Awards, a LGBTQ video game award show, is heading to Palm Springs in 2024. The show, now in its fourth year,...
Rollic partners with Power Slap for new mobile game
Zynga’s Rollic hypercasual games division has partnered with Power Slap, the world’s first regulated slap fighting promotion led by Dana White, to develop and...
Coming regulations mean game developers must be proactive on safety and trust
Presented by Modulate New safety and privacy regulations are set to impact game developers across the globe. As part of VentureBeat’s most recent Spotlight...
Monetizr raises $4M to replace intrusive game ads with engaging brand experiences
Monetizr has raised $4 million to replace intrusive in-game ads with engaging brand experiences. Monetizr is an advertising experience platform that aims to disrupt...
Sony sees an uptick in PlayStation 5 sales in June quarter but profits suffer
Sony saw its profit dip 31% in the first fiscal quarter ended June 30, but its game business continues to thrive. Sales of PlayStation...
Take-Two CEO doesn’t expect to make big bets in game-based films
In Take-Two Interactive‘s analyst call, CEO Strauss Zelnick got a query about expanding from games into the film business. The analyst noted the success...
Take-Two reports June quarter bookings of $1.2B, up 20%
Take-Two Interactive Software reported its bookings rose 20% to $1.2 billion for the quarter ended June 30. The company credited ongoing revenues from Grand...