The Public Investment Fund (PIF) announced the purchase of another 1.06% of Nintendo. Now he owns a share of 6.07%.

Insider Jeff Grubb claims that Ubisoft is trying to sell the company. According to him, the French publisher approached several similar companies with a deal proposal, but they “just laughed.”

On January 11, Ubisoft released a report in which it spoke about the difficult financial situation. The French company said that the sales of new products did not meet expectations, because of poor macroeconomic conditions and changes in the gaming industry. Against this background, Ubisoft decided to make several adjustments to its plans.

In the 90s, John Carmack, one of the founders of id Software, periodically lent to developers, helping them get back on their feet. Most of them never returned the money, but not American McGee — two decades later, the creator of “Alice” suddenly repaid his debt.

In February 2020, Counterplay Games closed the Duelyst tactical card game. Three years later, the studio decided to share the source code of the project and publish it on GitHub.

The other day Garth DeAngelis announced on Twitter that he was leaving Firaxis Games. He has worked in the studio for more than 14 years.

The British Catalis Group is expanding. She was joined by Secret 6, which helps other developers with creating art and testing games. How much the purchase cost is not reported.

Blizzard Entertainment may soon name a new company that will publish its games in China instead of NetEase. According to Chinese insider and esports player Lao Dao (老刀舅舅), now the developer is choosing between two publishers.

Ghost Ship Games studio in the official Steam blog shared new achievements of the Deep Rock Galactic cooperative shooter. We have selected a few facts.

Already the third studio in Activision Blizzard faced problems when creating a trade union. The management of Proletariat has announced that it will not voluntarily recognize the association of employees. It demanded that the developers first conduct an anonymous vote through the US National Labor Relations Board (NLRB).

VK group at a meeting with the Ministry of Finance of the Russian Federation said that it plans to continue to actively invest in game developers. Through the VK Play division, she intends to invest in projects that are at the prototype stage or at an early stage of development.

Group of companies “M.Video-Eldorado” told which physical editions of console games were in the greatest demand among Russians last year.

Another association has released a report on the UK gaming market. UKIE has counted the number of gaming companies in the country.

A group of Playground Games veterans led by Mike Brown, the former creative director of the Forza Horizon series, has launched its own game development studio. She has already attracted the first investments (their size is not disclosed) and has started developing the debut AAA open-world game for PC and consoles.

WN Media Group has announced the first WN Conference in Serbia. We tell you what to expect from the event.

This became known from a report prepared by the UK Digital Entertainment and Retail Association (ERA). According to experts, video games have become the most monetary sphere of entertainment in the country over the past year, surpassing music in revenue.

Former employees of the Striking Distance studio in a conversation with the GamesIndustry portal.biz was told that not all game developers were included in the credits of The Callisto Protocol. According to them, some of the key specialists who worked on the project for more than a year did not get into the credits.

Microsoft Corporation, together with a number of venture capital firms, is negotiating investments in OpenAI, Semafor reports, citing sources. If the deal goes through, the market value of AI developers will be $29 billion.

The British publisher Frontier Developments is facing the biggest daily stock drop in the company’s history. This happened after he reported low sales of F1 Manager 2022 during the winter holidays.