The Collective Ace Group acquires By Aliens mobile game studio
The Collective Ace Group (TCAG), a broad-based gaming company, has expanded its reach by acquiring By Aliens (BA), a mobile game development and publishing...
Moonhub raises $1.4M for VR training
Moonhub has raised $1.4 million to expand its virtual reality training. Danish venture capital firm Unconventional Ventures led the round, with continued support from...
Deck Nine lays off 20% of staff due to ‘worsening market conditions’
Chalk another loss up for 2024: Deck Nine Games, the developer of Life is Strange: True Colors and Telltale’s The Expanse announced today that...
EA cuts 670 roles, cancels Respawn Star Wars FPS and more
Electronic Arts has announced a new round of layoffs cutting 5% of the company’s workforce or roughly 670 roles. In addition to this reorg,...
Game M&A hit $11.8B in 2023, lowest since 2019 | Quantum Tech Partners
Game industry mergers and acquisitions hit $11.8 billion in 2023, the lowest level since 2019, according to M&A advisory firm Quantum Tech Partners. That...
Scuti raises $10M to boost rewards for gamers
Scuti.AI has raised $10 million in funding to propel its AI-driven media and retail marketplace focused on gamers. New York-based Scuti enables game makers...
Sony plans to lay off 900 employees as part of global restructuring
Sony Interactive Entertainment announced today that it plans to lay off around 8% of its global workforce, or around 900 people. According to SIE...
Imec shows advanced lithography to reduce CO2 emissions in chip factories
Imec has unveiled a new climate-friendly way to produce patterns on chips using lithography and etch for advanced chip factories. Leuven, Belgium-based Imec said...
Supermassive Games adds to the expanding list of industry layoffs
Supermassive Games, the developer of Until Dawn and The Dark Pictures anthology, announced today that it is adding to the growing list of studios...
OpenAI’s Sam Altman and Intel’s Pat Gelsinger defend big spending on AI
Intel CEO Pat Gelsinger got a lot of press today as he launched Intel Foundry as a systems foundry business designed for the AI era. And he ended the...
