A young Cypriot game development studio Eschatology Entertainment raised $4 million during the seed round to develop an AAA first-person shooter.

According to the Automaton portal, two former Square Enix employees were suspected of trying to make money on Dragon Quest Tact. Allegedly, shortly before the announcement of the game, they intentionally bought cheap shares of the Aiming studio in the amount of $ 336.3 thousand, in order to then sell them more expensive.

This was announced by the CEO of the Swedish holding company Lars Wingefors (Lars Wingefors) in the framework of the financial report.

The Office of the United Nations High Commissioner for Refugees (UNHCR) has published a list of donors who donated money to the organization to support refugees from the territory of Ukraine. In the top of the main benefactors is the developer of Unreal Engine and Fortnite.

For Chinese gaming companies, a “black streak” may end. On November 16, the state newspaper The People’s Daily published an article calling for a closer look at the positive aspects of video games.

The head of the NetEase partnership department, Simon Zhu, wrote on LinkedIn that he spent ten thousand hours in Warcraft, Starcraft and Overwatch and is now “heartbroken” because of the closure of games in China. He also spoke sharply about the people who made the decision:

Blizzard Entertainment‘s agreement with NetEase to publish almost all of the company’s games in China expires next year. Blizzard has already started looking for a new partner, but warned that from January 23, the games will temporarily stop working in the country.

Evgenia Zibareva, Business Development Director of VKontakte, shared the platform’s plans in an interview with Vedomosti.

The Swedish company told about this in a report for April-September 2022.

Bad news. By the end of 2022, the global video game market will sink by 4.3%. This is reported by the analytical company Newzoo. She also notes that she is recording a reduction in the sector for the first time in the history of her monitoring.

In September 2022, three people from Epic Games opened their own studio called Noodle Cat Games. Now they have received the first investment, which will go to hiring employees and developing the debut game.

Game designer Dene Carter believes that there is nothing wrong with borrowing the scale of games from other projects. He admitted that he did it himself during the development of Fable.

The studio’s management could not agree with its main shareholder Motorsport Network on where to get funding. This is stated in a report for the U.S. Securities and Exchange Commission.

On May 2, Embracer Group announced the purchase of several studios from Square Enix, among which was Eidos Shanghai. Six months after the deal, the company decided to give Shanghai Eidos under the management of its “daughter” — Gearbox Publishing.

The Chinese giant Tencent continues to report a decline in revenue. In the third quarter, its revenue fell by 2% to $19.7 billion. This is $225 million lower than analysts expected.

Two months ago, Rockstar Games was subjected to a hacker attack. Hackers published a lot of data about GTA VI and threatened to merge the source code of GTA V. It seems that now they — or someone else -have decided to carry out this threat.

Valeria Tsygankova, publishing director of the World of Ships, shared the figures in an interview with Kommersant. According to her, about as much game users will spend on the purchase of premium accounts and internal currency.

The money will be used to develop and support the “World of Tanks”, “World of Ships” and Tanks Blitz, launch new games, upgrade infrastructure and hire an additional 400-450 employees.

Despite the current situation in Russia, the demand for education in the gaming field is not falling, — so say the representatives of the Scream School of game development. First of all, they are based on their own indicators, which they shared with App2Top.