Business News, Tips, Tricks & Ideas

UKIE has announced that Nick Poole will serve as the trade body's new CEO.

Unity has released its financial results for the three months ended September 30, 2023, announcing layoffs despite a significant growth in revenue and a drop in overall net loss.

Australian studio Samurai Punk has announced that it's shutting down.

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The opening of Nintendo's new development centre has been delayed to 2028, following further plans for expansion.

Former The Escapist staffers have announced the formation of Second Wind.

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Crunchyroll is the latest streaming service to add mobile games to its offering.

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Kirsty Rigden will be taking over as the sole CEO of FuturLab following the retirement of founder James Marsden.

In all the furore over Microsoft's record-breaking acquisition of Activision Blizzard, it's almost been possible to forget that Sony recently had a major acquisition of its own – a far cry from the scale of the Activision deal, certainly, and not even a match for the price tag of Microsoft's earlier Zenimax acquisition, but Sony's $3.6 billion buyout of Bungie was a big step for the company nonetheless.

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In recent years, Microsoft has been taking big steps towards bringing artificial intelligence (AI) to its suite of products. At the Build 2023 event, the tech giant announced that it was bringing the Microsoft 365 Copilot, an AI assistant developed for Microsoft 365 applications and services, to Microsoft Teams. At its Inspire conference in July, the company also unveiled the Bing Chat Enterprise, a business-oriented version of its AI chatbot with GPT-4 capabilities. Now, Microsoft has announced that it is finally launching the 365 Copilot for businesses and enterprise customers. Let us take a closer look.

This Week in Business is our more-or-less weekly recap column, a collection of stats and quotes from recent stories presented with a dash of opinion (sometimes more than a dash) and intended to shed light on various trends. Check every Friday for a new entry.

Memory provider Western Digital is spinning off its flash business into a new company that’ll adopt its own name. 

This Week in Business is our weekly recap column, a collection of stats and quotes from recent stories presented with a dash of opinion (sometimes more than a dash) and intended to shed light on various trends. Check every Friday for a new entry.

Amazon.com rallied nearly 6% on Friday on signs that growth in its main profit driver, the cloud business, was picking up pace after two years of sluggishness due to lower client spending.

In a move that may bring new meaning to the term «cloud-computing», HyperScale Nexus Holding Corp, a business centred around providing Nvidia H100 GPUs for AI and HPC markets, entered into an agreement to acquire the Colorado based American Cannabis Company inc last month. The company describes itself as providing industry specific advisory and consulting services, manufacture of cultivation products, and facilities for cannabis startups.

The last time we asked our readership for their opinions on the best printers for the workplace was 2021. Taking a couple of years off gave us time to expand the survey and the coverage. This year, we go beyond basic office printers (no matter what the work setting): We break things down into printers specifically for the office, vs those printers used for work at home.

This Week in Business is our weekly recap column, a collection of stats and quotes from recent stories presented with a dash of opinion (sometimes more than a dash) and intended to shed light on various trends. Check every Friday for a new entry.

HBO TV series The Last of Us, inspired by the Naughty Dog series of the same name, has done...something to a lot of the game industry executives I've spoken with in 2023. Interest in adapting video game properties has been growing for a few years, with niche titles like Disco Elysium being scooped up and imminent projects like a Fallout TV show about to land, but the Pedro Pascal/Bella Ramsey-helmed series seems to be sparking a shift at the executive level.

This Week in Business is our weekly recap column, a collection of stats and quotes from recent stories presented with a dash of opinion (sometimes more than a dash) and intended to shed light on various trends. Check every Friday for a new entry.

Regular readers may be familiar with our This Week in Business column, a collection of stats and quotes from recent stories presented with a bit of opinion.

This Week in Business is our weekly recap column, a collection of stats and quotes from recent stories presented with a dash of opinion (sometimes more than a dash) and intended to shed light on various trends. Check every Friday for a new entry.

Activision President Rob Kostich has sought to set expectations on where Call of Duty is now.

Legacy , the latest project from Peter Molyneux and his development company, 22cans, will launch on October 26th. 

More than six years after it was first teased, Legacy, the ironically-titled new game from once-legendary designer Peter Molyneux, finally has a release date. The blockchain-based business simulator developed by Molyneux's 22 Cans studio is set to go live on October 26.

This Week in Business is our weekly recap column, a collection of stats and quotes from recent stories presented with a dash of opinion (sometimes more than a dash) and intended to shed light on various trends. Check every Friday for a new entry.

Legacy, the upcoming blockchain business sim from Fable creator Peter Molyneux, is set to release next month, on 26th October.

The latest game from Peter Molyneux, the creator of Populous, Fable and Black & White, is to be released next month.

Vampire Survivors is getting a new update soon. It's called the Chilling Update, not because it's scary (though you may think it is) but because it features a new map—called Ultra Whiteout—with lots of snow in it. Not only snow, but also floating skulls and angry-looking, snow-covered yowies. 

Between 2017 and 2013, the number of smartphone brands out there has dropped by an astounding 500 companies.

We're thrilled to announce the return of GamesBeat Next, hosted in San Francisco this October, where we will explore the theme of «Playing the Edge.» Apply to speak here and learn more about sponsorship opportunities here. At the event, we will also announce 25 top game startups as the 2024 Game Changers. Apply or nominate today!

This Week in Business is our weekly recap column, a collection of stats and quotes from recent stories presented with a dash of opinion (sometimes more than a dash) and intended to shed light on various trends. Check every Friday for a new entry.

Originally aimed at consumers searching for a Windows alternative to the Apple iPad, the Microsoft Surface Go is a diminutive tablet with a 10.5-inch screen that failed to impress when it debuted, but improved considerably with a revision in 2020.

In a hearing held during the FTC v Microsoft case, Phil Spencer revealed that Xbox would leave the gaming business if Game Pass' subscriber base did not significantly increase on PC and cloud by 2027.

WhatsApp Business: Meta Platforms has announced several new features for WhatsApp Business at the Conversations event in Mumbai. Over the last few years, WhatsApp has become one of the go-to apps on our smartphones, replacing SMS as the primary form of messaging others. Meta has capitalized on this opportunity and rolled out new features time and again that promise to entice customers and keep them from switching to other apps. It has also become a platform for businesses to expand their base with WhatsApp Business offering customer-centric features.

Microsoft Gaming CEO Phil Spencer made some remarkable statements on a potential exit from the gaming business. The quotes are extracted from an investigational hearing conducted as part of the Federal Trade Commission's investigation into Microsoft's acquisition of Activision Blizzard.

Microsoft’s disclosures in the FTC lawsuit have led to some interesting new revelations in their Xbox business.

Since speaking with Unity Create president Marc Whitten about the poorly-received Unity Runtime Fee, I have tried to take him and the company in good faith. However, with the repeated clarifying statements and changes to the Fee that the company has made this week, that's become harder and harder with each passing minute.

This Week in Business is our weekly recap column, a collection of stats and quotes from recent stories presented with a dash of opinion (sometimes more than a dash) and intended to shed light on various trends. Check back every Friday for a new entry.

Soda Drinker Pro is an odd one. Created by Will Brierly a hog’s age ago, it eventually made its way to Steam and Xbox One. I was turned onto it back in the day by the relentless enthusiasm of Destructoid grizzled veteran Jonathan “Grizzled Veteran” Holmes. With Unity making an impressive attempt to implode a massive section of the indie development community, Will Brierly has decided it’s time to stick the needle in and get sucking as much cash out of enthusiastic soda drinkers as possible.

This Week in Business is our weekly recap column, a collection of stats and quotes from recent stories presented with a dash of opinion (sometimes more than a dash) and intended to shed light on various trends. Check every Friday for a new entry.

It can be difficult keeping track of the various comings and goings in the games industry, which is why we compile them in semi-regular round-ups.

This Week in Business is our weekly recap column, a collection of stats and quotes from recent stories presented with a dash of opinion (sometimes more than a dash) and intended to shed light on various trends. Check back every Friday for a new entry.

This Week in Business is our weekly recap column, a collection of stats and quotes from recent stories presented with a dash of opinion (sometimes more than a dash) and intended to shed light on various trends. Check back every Friday for a new entry.

In today's world, every business, whether it's a cozy bakery or a home-building venture, relies on digital technology. This connection to the digital world also exposes businesses to cyber risks, threats posed by hackers and other troublemakers. Cyber risk is akin to someone trying to break into your digital space to steal your money, misuse your data, or cause chaos. Unlike physical break-ins, you can't just move to a safer neighborhood online.

The characters in what we might term the Aperture Cinematic Universe are a memorable bunch (as I have said before). Though GLaDOS rightfully tops the list another, introduced in 2011's sequel spectacular Portal 2, became an instant favourite. Voiced by J.K. Simmons, doing a turn adjacent to his J. J. Jameson from Spider-Man, Cave Johnson is the founder of Aperture Science (which used to primarily make shower curtains before it evolved into being a death trap puzzle company), and he made an instant impression. And though Aperture Desk Job is nominally a tech demo for the Steam Deck, it also expands the Cave Johnson lore in a very satisfying way. Spoilers beyond for Aperture Desk Job, and Portal 2 if you haven't played it.

This Week in Business is our weekly recap column, a collection of stats and quotes from recent stories presented with a dash of opinion (sometimes more than a dash) and intended to shed light on various trends. Check back every Friday for a new entry.

Creative Assembly's scifi heist 'em up Hyenas received a new trailer yesterday, showing its teams of three doing battle in zero-G. It also got dates for a new closed beta due to begin on August 31st.

Swedish gaming company Embracer Group has credited the franchise with playing a large part in the company’s improved fiscal first-quarter financials.

Embracer CEO confident amid ongoing challenges and restructuring.

Embracer Group has said the Lord of the Rings intellectual property (IP) is performing “well ahead” of the business plan it set out when it bought the franchise in 2022.

Sega has described Hyenas as a “challenging” title and said it’s adjusting the “major” game’s business model ahead of its release.

The Indian government has mandated offshore online gaming companies operating in the country to register the business locally or appoint a representative to pay tax on funds collected from customers.

You ever see something so awful that your first instinct is to show it to someone else, so they can share in how awful it is? Even though you know it's probably just going to make their day worse?

Japan's Sony on Wednesday said first-quarter profit tumbled due to weaker performances from its movies and financial businesses.

There was a time, not all that long ago, when movies based on videogames were surefire losers. The reasons varied, but the bottom line was the same: It just never worked out. In more recent times, though, that situation has turned around dramatically: The Super Mario Bros. Movie is a major hit, while The Last of Us—an HBO series rather than a film, but close enough—earned universal critical and commercial acclaim.

The big statistic from yesterday's story about Italy's games industry was it now has 2,400 employees, which is up 50% over 2021.

Sticky Business is a Spellgarden Games and Lunar Studio 2 shop simulator with vibrant, pixelated art style. Initially, I wasn’t so sure about this game due to its overly vibrant visuals and cutesy aesthetic. But did I enjoy this game more than I expected? Find out below. 

Apple’s Q3 2023 earnings call reported that its iPhone division generated $39.67 billion for the three-month period, but that amount was 2 percent lower compared to the same quarter a year ago. While that is still an abnormally large chunk of change, it represents a trend that even the technology giant has noticed and has no choice but to admit; the U.S. smartphone market has been in decline, and it has been this way for a while. Naturally, this will prompt the firm to reduce its dependency on its biggest cash cow, but that is easier said than done.

If films like Heat and Sexy Beast are anything to go by, when you're in the professional heist business, retirement does not come easily. There's always that one last job you get called in to tie up some loose ends, rekindling greed and the drive to plan elaborate robbery schemes within you. With the old gang rounded up, Payday 3 now takes us to the bustling streets of New York City, several years after our reign of terror in Washington DC, masked-up and prepared for new challenges in a present-day environment of mass surveillance gadgets, cryptocurrency, the deep web, and more. Having spent a few hours in the internal playtest, followed by the ongoing closed beta, I must say that I'm truly impressed with how streamlined this sequel is shaping up to be.

This Week in Business is our weekly recap column, a collection of stats and quotes from recent stories presented with a dash of opinion (sometimes more than a dash) and intended to shed light on various trends. Check back every Friday for a new entry.

AMD has released its Q2 financials and while it is better news than estimates were predicting, it still tells a sorry story for its GPU division. The gaming segment of AMD's business is still profitable, and all that is down to the work it has put into bagging the bragging rights to power both Microsoft and Sony's games consoles.

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Another eventful day in artificial intelligence space today, during which both impressive and shocking developments have occurred. IIT-Guwahati has launched a new degree in AI in partnership with Coursera that will not require students to first clear the Joint Entrance Examination (JEE). In other news, TCS is undergoing a major rejig of its business verticals. As a part of this, the company has also created a new AI business unit. This and more in today's AI roundup. Let us take a closer look.

This Week in Business is our weekly recap column, a collection of stats and quotes from recent stories presented with a dash of opinion (sometimes more than a dash) and intended to shed light on various trends. Check back every Friday for a new entry.

The GTA Online weekly update for July 27 to August 3, 2023 is upon us, and it’s great news if you love to race, but probably a bit disappointing for everyone else. The Rockstar multiplayer game side of Grand Theft Auto 5 carries on the summer racing event that began last week, and loads up on bonuses for anyone looking to test the fastest GTA 5 cars and bikes, but it’s bad news if you’re hoping to do some business.