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NetEase Games
FUNDING

NetEase Announces Second Quarter 2023

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NetEase, Inc. announced its unaudited financial results for the second quarter ended June 30, 2023. The company reported net revenues of RMB24.0 billion (US$3.3 billion) for the quarter, marking a 3.7% increase from the same period in 2022. Notable financial highlights include: Net revenues from games and related value-added services reached RMB18.8 billion (US$2.6 billion), […]
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Nvidia
FUNDING

NVIDIA Announces Financial Results for Second Quarter Fiscal 2024

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Record revenue of $13.51 billion, up 88% from Q1, up 101% from year ago Record Data Center revenue of $10.32 billion, up 141% from Q1, up 171% from year ago NVIDIA (NASDAQ: NVDA) today reported revenue for the second quarter ended July 30, 2023, of $13.51 billion, up 101% from a year ago and up […]
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Epic FIrst Run
GAMES

Epic Game Store launches “Epic First Run” program offering developers 100% revenue for first six months

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Epic Game Store launches “Epic First Run” program offering developers 100% revenue for first six months
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Bioware layoffs
GAMES

BioWare Announces Layoffs as Studio Adapts for Future Projects

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BioWare, an Electronic Arts (EA) studio known for its story-driven single-player games, is undergoing a workforce reduction of 50 employees. In a blog post, BioWare's general manager, Gary McKay, outlined the necessity for this reorganization as the studio reevaluates its development approach. McKay emphasized that this adjustment is crucial to meet the demands of upcoming […]
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OpenAI acquires Global Illumination
FUNDING

OpenAI acquires Global Illumination

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OpenAI acquires digital products company Global Illumination for undisclosed price
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Behaviour Interactive – Codeglue
FUNDING

Behaviour Interactive Expands with Acquisition of Dutch Developer Codeglue

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Leading Canadian Developer Continues Global Expansion as Dutch Studio Marks Third European Investment in Last Six Months
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Workproduct
ENTERTAINMENT

Los Angeles Welcomes WORKPRODUCT – A Novel Production Studio

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WORKPRODUCT is create a diverse spectrum talent for its boutique VFX and Animation Studio with live-action directors, and sound experts from across the globe.
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hasbro-696×385
ENTERTAINMENT

Hasbro Launches New Entertainment Division Following eOne Sale

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Hasbro Inc. has unveiled a fresh entertainment division, just weeks after the $500 million sale of its eOne television and movie business to Lionsgate.
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Qualcomm – G Series
GAMES

Qualcomm’s latest Snapdragon announces G Series chips for mobile and cloud gaming

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Qualcomm's latest Snapdragon G Series chips are focused on handheld and mobile gaming and include the Snapdragon G3x Gen 2, Snapdragon G2 Gen 1, and Snapdragon G1 Gen 1.
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Vela Games
GAMES

Irish video game studio Vela Games announces major job cuts

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Irish video game studio Vela Games has announced significant job cuts due to financial underperformance. The Dublin-based company, established in 2017, is believed to have employed around 60 to 65 staff members, with approximately 50 individuals facing layoffs according to the Financial Services Union. The studio released its first multiplayer competitive game, Evercore Heroes, last […]
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