Featured Business articles

California plans UK-style age appropriate design code

If passed, law would affect major tech and games companies, including Meta, Google, Activision Blizzard and Riot Games

By James Batchelor

SEC widens investigation into Activision Blizzard misconduct handling

Agency issues new subpoenas to directors as DFEH goes to Los Angeles police department for records on Kotick and other staff

By Danielle Partis

Roblox revenue soars 108% to $1.9bn in 2021

Platform had 45.5 million daily users on average last year

By Marie Dealessandri

Latest Business articles

Return Entertainment raises €5.3 million

The Helsinki-based studio is working on two cloud-native games for PC and mobile

By Marie Dealessandri

Supercell revenue increases 45% to $2.24bn in 2021

The studio generated profits before taxes of $852 million, a 80.3% rise compared to 2020

By Marie Dealessandri

Halo composers' royalty fight could threaten TV series

Marty O'Donnell and Mike Salvatori instruct lawyers to explore injunction blocking show's release as part of Microsoft suit

By Brendan Sinclair

Rovio reports record Q4 revenues of €286.2 million

Trio of Angry Birds games drive growth in revenues and bookings, but profits dip to €43.7 million

By James Batchelor

What does the future hold for Germany's games policy? | Opinion

German games trade body boss Felix Falk ponders the implications of the post-Merkel era

By Felix Falk

Sega raises forecasts after strong game sales in holiday quarter

Publisher turns around last year's $53.5 million nine-month loss to $254.8 million profit

By James Batchelor

EA will not sell The Sims 4 wedding pack in Russia due to laws against same-sex marriage

Sims team says add-on will not be released anywhere that federal laws would require changes to storytelling

By James Batchelor

Capcom lawsuit over alleged stolen art settled

Statement from law firm says both parties have "amicably resolved their dispute"

By Danielle Partis

European Union to invest €11bn in "technological race" for semiconductors

Investment to finance industrialisation of chip manufacturing and create "new applications" for various industries

By Marie Dealessandri

Intellivision Entertainment hasn't generated revenue since launch

The company may only be able to operate until July 2022 if it doesn't succeed in raising more funds

By Marie Dealessandri

Bandai Namco revenues up 15.5% to $5.4bn

Publisher saw growth across its game businesses driven by Japanese releases

By Danielle Partis

Nexon operating income down 18% to $793m in 2021

This is due to a "challenging comparison" with FY2020, the company said

By Marie Dealessandri

Hiro Metaverse Acquisitions raises 115m via IPO

Company raises full amount following announcement to go public last week

By Danielle Partis

Nvidia's acquisition of Arm cancelled due to "significant regulatory challenges"

Arm parent SoftBank will instead float chip maker's shares by April 2023, Arm gets new CEO

By James Batchelor

Ubisoft sues producer of Assassin's Creed Symphony show

Publisher says concert promoter breached agreement, refuses to acknowledge termination of contract, is harming relations with new licensee for symphonic Assassin's Creed shows

By Brendan Sinclair

Unity revenues up 44% to $1.1bn, but losses widen

Development platform sees uptick in full-year earnings, but operating losses account for almost half of it

By Danielle Partis

Konami revenue up 12% in nine-month financials

The company reiterated its intention to sell NFTs, "in an effort to preserve content that has been loved by [its] customers"

By Marie Dealessandri

Meta's AR/VR segment made 2.2bn in 2021 despite record operating loss

Reality Labs' operating loss amounted to $10.2 billion last year

By Marie Dealessandri

January games acquisitions reached record-breaking $85.4bn

Last month's 12 games M&A deals surpassed 2021 total

By Danielle Partis

EA CEO: Battlefield 2042 sales were "disappointing"

Andrew Wilson also cautious about NFTs, saying EA is "not looking at anything at this juncture"

By Marie Dealessandri

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