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Mobile developer and publisher TapNation has acquired the AI-powered platform UA Hero.

Talofa Games has raised $6.3 million in a seed funding round led by venture capital firm Chamaeleon.

The current turmoil in the video games industry will continue all year and likely into 2025, games industry leaders have told GamesIndustry.biz.

Mighty Kingdom shareholders today voted against a resolution brought by the studio's former CEO Shane Yeend to oust its current board of directors.

73% of UK games studios surveyed by trade body TIGA are looking to grow in 2024 with only 6% expecting job cuts.

Texas-based Wimo Games seems to have closed its doors yesterday, as former employees shared the news on social media.

Take-Two Interactive has issued a trademark dispute over alleged similarities between the logos of Remedy and Rockstar Games.

Microsoft overtook Apple as the most profitable company at the end of last Friday's trading session in the US.

GameStop is in the process of closing its cryptocurrency marketplace a year and a half after launch.

Discord is reducing its workforce by 170 staffers, 17% of the social media platform.

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Twitch is laying off 500 employees this month, according to a Bloomberg report.

Second Dinner has secured $100 million in a Series B funding round led by Griffin Gaming Partners.

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Glu's mobile game Kim Kardashian: Hollywood is shutting down on April 8, 2024.

Nexon has been fined ₩11.6 million ($8.9 million) by the Korea Fair Trade Commission for allegedly omitting to inform customers about probability changes to in-game items in MapleStory.

Every year, we turn to a panel of trusted analysts to ask them what they see coming down the road, and ask them to assess their predictions from the previous year.

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Sony has been fined €13.5 million by French antitrust regulator Autorité de la Concurrence, which has accused the company of "abusing its dominant position in the market" by restricting third-party PlayStation 4 controllers.

First Contact Entertainment has announced its closure.

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A ransomware group has published 1.67 TB of content from Insomniac Games following a breach last week.

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The New Zealand games industry generated NZD $434.4 million ($270.9 million) in the financial year ended March 2023, according to a survey by the New Zealand Game Developers Association.

Trade body UKIE has maintained a lovely tradition for several years now: celebrating a UK Game of the Show at Gamescom.

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2023 has been a difficult year for the industry, one marred by layoffs and studio closures affecting thousands of developers globally.

Video game music publisher Materia Music has acquired Australian gaming record label Boss Battle Records.

Keywords Studios has acquired The Multiplayer Group from cloud technology firm Improbable for £76.5 million.

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Naughty Dog has stopped development on The Last of Us Online.

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A new report from Niko Partners has found in-game purchases accounted for 87.8% for the $89.4 billion gaming market share in Asia, the Middle East and North Africa.

Microsoft could expand to new markets with ad-supported game streaming.

Gameplay content capturing service Allstar has secured $12 million in a Series A funding round.

A Pokémon-themed park will be opening in Yomiuriland, an existing amusement park located in Tokyo, Japan.

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Rovio has shut down Studio Lumi following its recent acquisition by Sega.

Twitch is planning to shut down its streaming platform in South Korea next year.

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Hearst Newspapers has acquired puzzle games hub Puzzmo.

Today in Cape Town, as part of Africa Games Week, a panel discussed and debunked common myths around the games industry on the continent, from the measure of success to what authentic African stories can look like.

CD Projekt has settled a class action lawsuit filed by its own investors, who claim they were misled over Cyberpunk 2077's quality at launch.

Xbox is working with unknown partners to open a mobile storefront to rival the App Store and Google Play.

Krafton and NetEase have resolved their dispute over PUBG and Knives Out.

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Yesterday at Africa Games Week, a talk discussed the challenges of the creative industries pipeline across Africa.

Sega has shared that Sonic Superstars didn't meet sales expectations following the game's launch.

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A new report from Niko Partners projects that the East Asia PC and mobile game markets will hit $29.8 billion in 2023.

A new report from Niko Partners projects that the East Asia PC and mobile game markets will hit $29.8 billion in 2023.

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Bandai Namco has invested in two US-based startups, Flickplay and Code Charm.

TikTok owner ByteDance is reportedly leaving the games industry following a restructure.

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New research from mobile revenue growth engine SuperScale has found that 83% of launched mobile games fail within three years, while 43% are cancelled during development.

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Sony mobile developer Savage Game Studios has rebranded as Neon Koi after multiple executives left the company.

Aonic has acquired VR developer NDreams for approximately $110 million.

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Starbreeze has released its financial results for the three months ended September 30, 2023, reporting a significant increase in revenue following the release of Payday 3.

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Persona developer Atlus will raise the average annual salary of its employees by 15% in April 2024.

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Amazon Games has laid off 180 staffers of its games workforce.