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Vela Games
GAMES

Irish video game studio Vela Games announces major job cuts

News Desk
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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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Microsoft to sell streaming tech
ACQUISITIONS

Microsoft to sell Activision/Blizzard cloud streaming rights to Ubisoft for approval with UK’s CMA

News Desk
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The unexpected turn of events in Microsoft's pursuit of Activision raises eyebrows and highlights the need for careful negotiation. Following the United Kingdom's Competition and Markets Authority (CMA) decision to block the $69 billion acquisition, Microsoft is taking steps to revise the deal and address regulatory concerns. Under the revised arrangement, Microsoft plans to sell […]
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Nvidia Realtime Raytracing
GAMES

NVIDIA Debuts AI-Enhanced Real-Time Ray Tracing for Games and Apps

News Desk
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NVIDIA has unveiled several advancements in AI technology for gaming at Gamescom, the world's largest gaming conference: DLSS 3.5 Introduces Ray Reconstruction DLSS 3.5 is an upgrade to NVIDIA's AI neural rendering technology. This version introduces Ray Reconstruction, enhancing ray-traced image quality for GeForce RTX GPUs. It enhances lighting effects for a more immersive gaming […]
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superleague-logo
FINANCIALS

Super League Announces Proposed Underwritten Public Offering

News Desk
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In a strategic move, Prytania Media has announced the establishment of two new gaming studios under its umbrella, marking a significant expansion in their creative endeavors. While the company has previously introduced studios like Possibility Space and Crop Circle Games, tangible output from these entities remains limited. The freshly introduced studios, namely Fang & Claw […]
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PrytaniaMedia
GAMES

Founders of Prytania Media Unveil Launch of Two New AAA Gaming Studios

News Desk
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In a strategic move, Prytania Media has announced the establishment of two new gaming studios under its umbrella, marking a significant expansion in their creative endeavors. While the company has previously introduced studios like Possibility Space and Crop Circle Games, tangible output from these entities remains limited. The freshly introduced studios, namely Fang & Claw […]
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RobloxDeveloperForum
GAMES

Roblox Announces UGC Program to Expand Creation and Monetization with Avatars

News Desk
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Roblox has significantly broadened its User Generated Content (UGC) Program, granting creators the ability to craft and sell a wider range of avatar customization options. This expansion encompasses the introduction of "full avatar bodies" in addition to the existing standalone head options, all available through the Roblox Marketplace. A standout advantage of this expansion lies […]
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