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News April 20, 2023

The creators of Stable Diffusion have released StableLM, an open source language model

Stability AI, the company that developed the neural network for generating Stable Diffusion images, has released the alpha of the StableLM language model. It can be used to generate both text and code.
News April 20, 2023

Study: 45% of Americans over 50 are addicted to video games

In the USA, the number of age gamers continues to increase. According to an AARP study, in 2022, 45% of Americans aged 50 and older played video games at least once a month. Four years ago it was 44%, and eight years ago it was 38%.
News April 20, 2023

KRAFTON and Naver Z spent more than $36 million to create a metaverse with NFT

Last February, PUBG developers announced that they were going to create their own NFT metaverse in partnership with Naver Z. A year later, it became known that its development had already cost companies 48 billion won, or about $ 36.8 million.
News April 20, 2023

Media: dismissals in Meta* affected game studios

On April 19, Meta* conducted a new round of layoffs, according to the Game Developer portal. Among others, employees of the XR division of Reality Labs, including developers from the game studios Downpour Interactive and Ready at Dawn, were cut.
News April 20, 2023

CEO of Nordisk Games has resigned

Mikkel Weider will no longer head Nordisk Games, the gaming division of the Danish film company Nordisk Film. He decided to leave the post of CEO and try himself in something new.
News April 20, 2023

Microsoft does not intend to liquidate the Russian division yet

Microsoft is not going to finally leave the Russian market. Microsoft Rus, a legal entity of a corporation in Russia, reported in its accounting report that at least at the end of March 2023, Microsoft did not consider the possibility of liquidating a business in the country.
News April 19, 2023

Epic Games has bought the developer studio Horizon Chase

There is a replenishment in the Epic Games portfolio. The company includes the Brazilian studio AQUIRIS, known for the Horizon Chase series of racing games. This is the first studio bought by Epic Games in Latin America.
News April 19, 2023

The president of Brazil has accused video games of developing cruelty in children

Brazilian President Luiz Inácio Lula da Silva has criticized video games. He said that they can make children more aggressive and provoke violence.
News April 19, 2023

Liftoff: in a year, the share of downloads of hyper-casual games fell by almost 20%

The Liftoff platform has released a detailed report on the situation on the casual mobile games market in the first quarter of 2023. We briefly share the main thing from it.
News April 19, 2023

Record operating revenue and 8 games in development — the main thing from the annual report DON’T NOD

The company DON’T NOD shared a preliminary report for 2022. It received record operating revenue and became profitable again.
News April 19, 2023

70 million people have played in The Sims 4 — this is a series record

The Sims 4 audience has exceeded 70 million people, according to Maxis. This made the game the most popular part of the series.
News April 19, 2023

Synthesis AI introduced Synthesis Labs— an AI tool for creating realistic models of people

San Francisco-based startup Synthesis AI has shown a tool capable of generating realistic 3D models of people based on a text description. It’s called Synthesis Labs.
Law April 19, 2023

Trends in venture deals in the gaming industry — legal assessment from REVERA

The lawyers of REVERA shared their experience in supporting venture transactions over the past year, highlighting common points for all of them.
News April 19, 2023

Technology companies in El Salvador will be exempt from taxes for 15 years

The authorities of El Salvador have approved a bill that will allow companies engaged in technological innovations to avoid paying a number of taxes for 15 years. The bill covers, in particular, developers of applications and neural networks.
News April 18, 2023

Rumor: Mortal Kombat 11 earned over $500 million

The profit of Mortal Kombat 11 could exceed $ 500 million. This figure was indicated on the LinkedIn page by Matt Welsh, who worked as a global brand manager for Warner Bros. Entertainment from March 2019 to February 2022.
News April 18, 2023

Playdate sales exceeded 53 thousand devices. Two and a half times more than Panic expected

On July 29, 2021, Panic opened pre-orders for the portable hurdy-gurdy console Playdate. The company said it has since sold 53,142 copies of the device.
News April 18, 2023

Roblox’s revenue for March increased by 15-20%. However, its shares have fallen in price

Roblox reported for March 2023. Although the month was successful for the company, its investors were not very satisfied with the results.
News April 18, 2023

Scientist: cloud gaming cannot be considered as a separate market

Associate professor from University College London Joost Rietveld sent a letter to the British regulator about the deal between Microsoft and Activision Blizzard. In it, the scientist explained why cloud gaming is not a separate market.
News April 18, 2023

Capcom’s stock price has reached a new record high. All thanks to the announcement of Monster Hunter Now

For the second time in a month, Capcom broke the record for the value of shares. After the announcement of Monster Hunter Now, the company’s shares rose by 9%.
News April 18, 2023

Gary Bowser, who hacked Nintendo Consoles, is Out of Prison

In February 2022, an American court sent Gary Bowser, a hacker from Team Xecuter, who sold tools for hacking Nintendo consoles, to prison. He was sentenced to 40 months in prison, but released earlier for good behavior.
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