The Chinese authorities should stop providing tax incentives to gaming companies, according to one of the local state media. The newspaper explains this by saying that Tencent and other major players have successfully entered the global market and no longer need state support.On August 5, the relevant material was published on the website of the Securities Times newspaper.

Alexander Agapitov, CEO and founder of Xsolla, held a press conference related to the dismissal of 150 employees. He explained the layoffs by the fact that the company stopped showing 40% growth.

The media controlled by the Chinese authorities have softened criticism of video games. They no longer call them an “electronic drug”, but still urge society to fight gambling addiction. Against this background, Tencent shares managed to recoup almost half of yesterday’s fall.

Activision Blizzard is facing a class action lawsuit from investors who have suffered losses due to falling shares amid the harassment scandal. Bobby Kotick, meanwhile, assured that the company will soon change and become an example for the entire industry. And the employees talked about how the HR department systematically hushed up the problems.

A letter from the founder and CEO of Xsolla Alexander Agapitov to employees leaked to social networks. In it, he abruptly announced the dismissal of a large number of employees. As can be understood from the letter, the company monitored their activity and made a decision to dismiss them based on the collected data.

Blizzard Entertainment has announced a change of leadership. J. Allen Brack is no longer the head of the company. Instead, it will be managed by two top managers who recently joined the studio. One of the new leaders is a woman.

Chinese authorities continue to look for new ways to regulate online business and video games. In just a day, the shares of local giants like Tencent and NetEase have sharply lost in price. This is due to an article in a state newspaper that equated games with drugs and called for stricter control measures of the industry.

Chinese giant Tencent is preparing new restrictions for underage gamers in Honor of Kings. The company said it plans to further reduce the time they can spend in the game. She also intends to ban children under the age of 12 from spending money.

Over the weekend, a lot of fresh details appeared in the Activision Blizzard scandal. Several women have shared new stories about harassment in the company. And the former developer of Diablo and World of Warcraft called for the creation of trade unions in the gaming industry.New posts about working at Activision Blizzard

Russian officials have prepared a plan for the development of cloud gaming. According to their estimates, by 2030, the export of domestic services should grow to $160 million — 55 times more than it was in 2020. The Innovation Promotion Fund, which will allocate special grants, should help in this.

Last weekend, the Estonian studio ZA/UM opened a temporary clothing store in London. It is dedicated to the world and heroes of Disco Elysium. One of the main items of the collection, the bomber of Kim Kitsuragi’s character, was sold out almost instantly. And this is despite the rather high price tag of €399.

The day before yesterday, about a thousand Ubisoft employees signed an open letter in support of their colleagues from Activision Blizzard. In it, they also criticized the way Ubisoft is struggling with its problems. Last night, CEO Yves Guillemot commented on this letter. Spoiler: The employees didn’t like his answer.

Analysts from Newzoo have published a detailed guide on metaverses. They are still arguing about what it is, but analysts believe that they will change the game design, economy and content of video games. As a result, the games-services that are familiar today will turn into platform games designed for the socialization of users and the integration of brands into them.Definition and main features of the metaverse

Last July, Vladimir Kharitonchik, a programmer at Playtika, died on a business trip to Turkey. Portal dev.by prepared a large material in which he told how the company reacted to the death of an employee and what his family wants.

We continue to share new details about the Activision Blizzard scandal. Yesterday, hundreds of employees went on strike and once again voiced their demands to the management and personally to Bobby Kotick. Meanwhile, Ubisoft employees supported their colleagues and reminded them of similar problems within their company.

That’s No Moon is a new studio founded by people from Naughty Dog, Infinity Ward and other large companies. The team has already attracted investments in the amount of $ 100 million and will develop a story AAA game.The creation of That’s No Moon was announced on July 28 on the official website of the studio.

Sony‘s gaming division is not ready to share a financial report yet, but it has already brought data on PlayStation 5 sales. The console sold 10 million units worldwide by July 18 and became Sony’s fastest-selling console.

Shawn Layden, a gaming consultant and former boss of PlayStation Studios, expressed his opinion about the problems of the gaming industry. He fears that consolidation could lead to stagnation of the industry. Leyden also doubts the effectiveness of the Xbox Game Pass model and believes that gaming is on the threshold of a new era.Sean Layden

We tell you about the latest events related to the Activision Blizzard scandal. Today, employees are going to go on strike and have already made a number of demands to the management. During the day, the capitalization of the company fell by $ 4 billion, and Bobby Kotick turned to his subordinates and promised to take measures to resolve the situation.Bobby the Cat