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Nalezeno "tencent": 283

Artist Turns Down $3,000 Fortnite Job Offer, Calls It 'Hilarious'


While Epic Games continues to position itself as a pro-game developer company, the same can’t be said for how it treats artists and their copyrights. The Fortnite developer recently offered $3,000 to an artist for an illustration and the copyright—which meant that they wouldn’t be able to sell...

2022 Was The Year The Video Game Industry Ate Itself


The video game industry went on a shopping spree in 2021. Epic Games bought Mediatonic (Fall Guys), Sony bought Housemarque (Returnal), and Embracer bought Gearbox (Borderlands). It seemed like things might slow down in 2022, but instead they ramped up even more into an acquisition free-for-all....

Sony Dumps On EA From A Great Height In Latest Court Docs


The endlessly silly debacle between Microsoft and Sony, regarding the former’s attempt to buy Activision Blizzard King, offers as a new lowlight every day. Yesterday we had Microsoft declaring that it has rubbish exclusive titles compared to Sony, and today Sony has just loudly dissed...

Xbox Boss Commits To Current Series S/X Console Prices, For Now


Sony turned a few heads when it unexpectedly hiked prices on the PlayStation 5 in the second year of the current generation of consoles. Naturally, many wondered if the same complicated economic situations we all find ourselves in would see a spike in Xbox prices as well. In a recent interview with...

Tencent Guts Its Gaming News Site, Firing Staff Without Warning


Today layoffs hit the respected video game and entertainment website Fanbyte, with the site’s editor-in-chief and head of media among the list of staff who are now out of work. According to Fanbyte employees, the layoffs were a total shock, with some reporting that they had just worked with some...

PlayStation Boss Calls Out Microsoft Over 'Inadequate' Call Of Duty Deal


The console war custody battle over Call of Duty has taken an unlikely turn. In an industry notorious for secrecy and backroom deals, two of the biggest executives in gaming are hashing it out in public. A week after Microsoft Gaming CEO Phil Spencer said Activision’s hit shooter would remain...

Tencent Bets $297 Million On Assassin's Creed Machine


Tencent has dumped another small fortune into one of gaming’s biggest companies. Ubisoft announced on Tuesday that the Chinese conglomerate would being increasing its investment in the Assassins’ Creed maker by nearly $300 million through an elaborate set of financial maneuvers.Read more

Report: Chinese Metaverse Industry Raises $780 Million in Funding


The Chinese metaverse industry has reportedly raised about $780 million in funding and there are expectations this will grow to be a $5.8 trillion industry by 2030. So far there are 160,000 virtual human enterprises in China while 20 provinces or cities in the country are reportedly supporting...

Tencent, Sony Throw Big Money At Elden Ring Maker FromSoftware


Elden Ring wasn’t just a hit with fans of FromSoftware’s notoriously difficult action-RPGs. Today Tencent Holdings and Sony announced they’ve acquired 30% of the Souls-series developer’s shares, split in favor of Tencent. FromSoftware is expected to gain $260 million from the arrangement.Read more

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