Games corporate and VC funding falls 75% to $2.7B in 2023 | InvestGame
Private funding and M&A activity in the gaming industry slowed to a crawl in 2023 according to InvestGame’s latest report. Games VC funding in...
Closed game deals hit record in 2023 but deal activity mixed in Q4 | Drake Star
In 2023, the value of closed game mergers and acquisitions hit a record of $86 billion, according to the Drake Star Global Gaming Report...
Nvidia reports record Q3 results driven by surging demand for AI
Nvidia reported record revenue today for its third fiscal quarter of fiscal 2024 (ending October 31, 2023), beating Wall Street’s expectations. The graphics processing...
Jensen Huang returns to Denny’s where trillion-dollar company began
Jensen Huang, CEO of one of the biggest tech companies in the world, celebrated Nvidia’s founding today at a Denny’s restaurant in San Jose,...
Berkeley SkyDeck hosts Demo Day with 24 tech startups
Berkeley SkyDeck, a global hub for entrepreneurship and tech accelerator, is gearing up for its largest Demo Day yet as it prepares to showcase...
FaZe Clan is flaming out on Nasdaq as Chairman resigns
Esports team and lifestyle company, FaZe Clan went public in July 2022 through a SPAC merger at a $725 million valuation. While it’s not...
LG Electronics and Clearbrook partner on $100M NOVA Prime Fund
LG Electronics and Clearbrook announced a strategic alliance where they are creating a $100 million NOVA Prime Fund to invest in a variety of...
AMD revenues fall 18% to $5.36B as PC market recovers and AI rises
Advanced Micro Devices reported that revenue in its second quarter was $5.36 billion, down 18% from a year earlier as the client PC market...
FTC seeks injunction to block $68.7B Microsoft acquisition of Activision Blizzard
Updated June 13 6:30pm — The FTC has been granted a temporary injunction blocking Microsoft’s acquisition of Activision Blizzard. The parties are expected to...
Public game company stock prices rise in Q1 but acquisitions fall | Drake Star
Stock prices rose for publicly traded game companies in the first quarter and could help revive a weak acquisition market, according to a report...