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News May 19, 2022

A lawsuit was filed against Blizzard due to “unfair practices” related to card sets in Hearthstone

Blizzard has new problems. Nathan Harris sued the company on behalf of his child, claiming that it misleads underage Hearthstone users.
Vacancies May 18, 2022

Vacancies of the week: Perfect Play, Hypemasters and QMobi are looking for employees

A new selection of gaming vacancies. This week they are wanted: a senior game designer at Perfect Play, a Unity developer at Hypemasters and a graphic designer at QMobi.
News May 18, 2022

Andreessen Horowitz has launched a $600 million fund to invest in the “next generation of game developers”

Venture capital firm Andreessen Horowitz (aka a16z) is one of the most prominent investors in the gaming market. For example, she invested in Oculus, Zynga, Riot Games and Epic Games. Now a16z has decided to establish Games Fund One, focused exclusively on games.
News May 18, 2022

Product Madness, specializing in social casinos, opens a studio in Spain

The new office was located in Barcelona and became the fifth for an American company. Besides him, Product Madness has studios in the UK, Ukraine, Poland and Israel.
News May 18, 2022

Gaming blockchain startup N3twork Studios received $46 million from investors

Griffin Gaming Partners, Kleiner Perkins, Galaxy Interactive and several other investors have invested in the studio. N3twork Studios did not tell what exactly it will spend the money on, but, apparently, they will go to the development of blockchain games.
News May 18, 2022

The Chinese mobile and PC games market will reach $55.22 billion by 2026

The increasing control by the authorities will not prevent the growth of the Chinese gaming market, at least the mobile and PC segments. Analysts at Niko Partners shared a forecast according to which the total turnover of these segments will increase by 22% in five years.
News May 18, 2022

Media: Sony is going to participate in the creation of the metaverse

According to Reuters, Sony CEO Kenichiro Yoshida touched on this topic during a strategic briefing. He said that the company wants to play a leading role in the upcoming metaverse.
News May 18, 2022

Tencent failed to increase quarterly revenue for the first time in 18 years

The Chinese giant Tencent continues to set anti-records. In a recent financial report, the company reported that it earned $20.1 billion in the quarter — the same as a year ago. For reference: since 2004, when Tencent went public, its revenue has been constantly growing.
News May 18, 2022

VK and the Ministry of Finance will launch the beta version of the RuStore app store on May 25

This was announced by the company’s CEO Vladimir Kiriyenko. It is also noted that the store will be available not only for Russian, but also for foreign developers.
News May 18, 2022

Saudi Arabia’s Sovereign Wealth Fund Bought 5.01% of Nintendo

The Public Investment Fund (PIF or the Sovereign Fund of Saudi Arabia) has become the fifth largest shareholder of Nintendo, Bloomberg reports, citing data from the Japanese Ministry of Finance. It is not known how much it cost the foundation.
News May 18, 2022

Polish CI Games decided to completely buy the indie publisher United Label

Now she owns 78.5% of the publisher’s shares. CI Games wants to buy out the remaining 21.5% and is ready to pay 18.02 zloty ($4.07) in cash for each share. If the deal goes through, the market value of United Label will reach 22.98 million zlotys ($5.2 million).
News May 18, 2022

Sales of Monster Hunter: Rise reached 9 million copies, and sales of Resident Evil Village — 6.1 million copies

Capcom has updated the list with games whose circulation exceeds one million copies sold. In it, she indicated sales as of March 31. In total, 107 titles were included in the “platinum list”.
News May 18, 2022

Google has banned developers from Belarus from downloading and updating paid apps on Google Play

Since May 5, Google has stopped posting new paid applications created by Russian developers in the store. Now Belarusian programs have also been banned. The Android Police portal drew attention to the restriction.
News May 18, 2022

Bungie condemned the mass shooting in Buffalo and urged to fight extremism in online communities

The official statement is published on the studio’s website. Bungie stressed that such tragedies often originate in online communities, because criminals can promote ideas and recruit people there.
News May 18, 2022

Bungie: the deal with Sony will not prevent the studio from defending its political views

The other day, the media reported that Sony forbids internal studios to speak out on the topic of abortion in the United States. But that didn’t bother Bungie. The developers of Destiny 2 said — “no one will be able to put a muzzle on us and prevent us from standing up for a just cause.”
News May 17, 2022

Techland announced the development of an AAA role-playing game. The project will be handled by former employees of CD Projekt RED

Very few details are known about the new project. It is reported that this is a new IP and that the game will take place in a large-scale fantasy world.
Investments and transactions May 17, 2022

Eric Seifert launched a $10 million investment fund. Among its partners is Supercell

Marketing expert Eric Seufert has opened an investment fund for $10 million, Business Insider reports. The money will be used to develop mobile startups related to advertising and content creation.
News May 17, 2022

Chinese gamers spent $9.13 billion on mobile games in the first quarter

New figures about China were shared by Xinhua news agency with reference to CNG research. It noted that the revenue of the Chinese mobile gaming market has hardly changed over the year. Gamers’ spending increased by only 2.72%.
News May 17, 2022

Twitch Co-founder Received $24 million for His blockchain gaming studio Metatheory

The funding round was led by Andreessen Horowitz with the participation of cryptocurrency companies Pantera Capital and FTX Ventures. The money received will be used for the development of the studio.
News May 17, 2022

Marketing expert Eric Seifert has launched a $10 million fund to invest in startups related to games and mobile advertising

The fund is called Heracles Capital. He has already secured the support of 38 investors, including Supercell, CEO of Huuuge Game and former director of products for Google advertisers. By the way, the latter joined the foundation “30 seconds” after the pitch.
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