According to Reuters, the cuts affect two divisions — Garena and Sea Labs. Dozens of people may be left without work.

The game earned most of the amount in China, reports data.ai . Analysts have estimated that after the release of League of Legends: Wild Rift in this country, the revenue of the project increased seven times at once.

The owners of the Pokémon brand have sued the studios that operate the Pocket Monster Reissue mobile game.

The head of Activision Blizzard reacted to the statement of the British regulator. According to him, now many companies in the gaming industry are actively engaged in purchases, so there is nothing surprising in the desire of the authorities to better understand what is happening.

The UK authorities are not yet ready to approve the purchase of Activision Blizzard by Microsoft. The local regulator, in particular, fears that Microsoft may use control over Call of Duty, World of Warcraft and other franchises to harm competitors.

TaleWorlds Entertainment bought shares of UDO Games from venture capital companies WePlay Ventures and Lima Ventures, which previously invested $ 420 thousand in the studio.

The Nasdaq exchange has not yet opened, but this did not prevent investors from reacting to the news about the ban for AMD and NVIDIA.

According to The New York Times, the ban was imposed so that Russia and China could not use the chips for military purposes.

Liftoff and GameRefinery have released a large report in which they talked about the situation with advertising in mobile casual games for the period from May 2021 to May 2022. We have selected a few facts from it.

The developers stated that they want to create a progressive, inclusive studio, whose employees will be able to “fully devote themselves to work.”

Electronics Hub has found out which mobile apps Twitter users in different countries dislike the most.

Tencent has decided to get rid of the shares of inefficient companies due to growing pressure from the Chinese authorities and investors, the Financial Times reports.

This is stated in the company’s annual financial report, excerpts from which appeared online. According to them, IO Interactive is eyeing mobile because it wants to diversify its portfolio.

The check will also affect Alibaba, JD.com and Yum China Holdings, Bloomberg reports.

Brace Yourself Games has announced the launch of a publishing division called Brace Yourself Publishing. It will work with indie teams.

VK Play conducted a survey timed to September 1. She found out that more than 80% of the Russians surveyed played video games themselves when they were children. A quarter of them had GTA series games as their favorites.

This is reported by Bloomberg with reference to an anonymous HR manager of ByteDance. According to him, the company hopes not only to retain old employees, but also to attract new ones.

Unity and Yale University asked the opinion of 2034 gamers from the United States about global warming. The overwhelming majority replied that they were worried about climate change and wanted gaming companies to fight it too.

The Chinese giant acquired shares through a subsidiary of Sixjoy. Together with him, Sony invested in the authors of Elden Ring, which now owns 14.09% of the studio.