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Nalezeno "tencent": 306

Riot Games Trying To Get Out Of Terrible Crypto Sponsorship Deal

19.12.2022
Back in August 2021, Riot Games—the developers of League of Legends—signed a sponsorship deal worth tens of millions of dollars with cryptocurrency exchange FTX. You know, the exchange that is now bankrupt, with its founder arrested and facing serious fraud and money laundering charges.Read more

Microsoft Announces Bizarre Pledge To Bring Call of Duty To Nintendo Consoles

7.12.2022
Call of Duty might be one of the most popular series on the planet, but it’s not exactly the kind of game you think of when you picture the Nintendo Switch. So in one way it’s very strange to see Microsoft come out tonight and announce a “10-year commitment” to release CoD games on Nintendo...

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

6.12.2022
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

6.12.2022
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

24.11.2022
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

16.9.2022
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

15.9.2022
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

7.9.2022
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

6.9.2022
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

5.9.2022
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...

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