games and gaming

Platform News: GameStop

YouTube streamer to testify on GameStop alongside hedge fund managers

The YouTube streamer known online as ‘Roaring Kitty’, who helped drive a surge of interest in GameStop, will testify before a US House panel on Thursday alongside top h...

Platform News: Nintendo and its Switch console

Nintendo hikes its sales forecast for Switch after a bumper year-end

Nintendo has hiked its full-year sales forecast for its Switch games console to 26.5 million from 24 million previously after a bumper holiday season, buoyed by the boom for at hom...

Platform News: Nintendo and its Switch console

Nintendo ships one million Switches in China since late-2019 launch

The Japanese firm launched its Switch console in China at December 2019 in partnership with distributor Tencent, China’s biggest video games and social networking company, in...

Roblox

Gaming site Roblox valued at $30 billion, plans direct listing

Roblox Corp has said it aims to go public via a direct record, rather than an initial public offering (IPO) as originally intended, and has raised new funding at a deal that values...

Platform News: Apple logo

Apple removes 39,000 game apps from China store to meet deadline

Apple removed 39,000 game apps on its China store Thursday, the biggest removal ever in a single day, as it set year-end as deadline for all game publishers to obtain a licence.

Cyberpunk

Cyberpunk 2077 sales miss analyst estimates after refunds

Polish video game manufacturer CD Projekt SA said it offered more than 13 million copies of its Cyberpunk 2077 match through Dec. 20, below analyst forecasts, hurt in part by refun...

Platform Industry: ByteDance China company building

ByteDance in talks to buy stake in mobile games firm CMGE

ByteDance is currently in talks to buy into mobile games writer CMGE Technology Group, four people with direct knowledge of this matter told journalists, as the owner of short vide...

Roblox

Gaming platform Roblox to delay IPO until next year

Gaming platform Roblox has put off its planned initial public offering (IPO) until next year since it functions with advisers to improve the process to benefit investors and employ...

Roblox

Kids gaming platform Roblox faces hurdles ahead of public listing

Profanities and other offensive content that basic word-filtering tools are made to catch can be discovered in certain game titles and user profiles on children’s gaming syst...

Applovin

Mobile gaming firm AppLovin hires Morgan Stanley to lead its IPO

AppLovin Corp, the US-based mobile gaming company backed by private equity firm KKR & Co, has hired Morgan Stanley to lead preparations for an initial public offering which cou...

Platform News: Apple logo

Over 2,500 games removed from Apple’s China App Store

More than 2,500 mobile games were removed from Apple’s China app store in the first week of July, four times as many in the same period in June, after Apple closed a loophole...

Ubisoft

Ubisoft announces staff departures after misconduct allegations

French video games maker Ubisoft has announced several staff departures after conducting a review in response to allegations of misconduct at the company, which earlier reports sai...

Platform News: Gaming industry and popular games platforms

News Short: Epic Games gets $250 million investment from Sony

Epic Games, the creator of the popular video game “Fortnite”, said on Thursday it had received a $250 million investment from Japan’s Sony Corp for a minority sta...

Platform Industry News: Sony Corp logo on building

Sony sees software subscription as future for data-analysing image sensors

Sony Corp’s image sensor business aims to replicate PlayStation’s success to address its reliance on a handful of manufacturers in the fickle smartphone market: It plan...