Kakao as a whole has seen significant growth this year but its gaming arm, Kakao Games, failed to pull its own weight. According to the Kakao’s Q2 2023 financial report, Kakao Games saw a 20% decline in revenue this past quarter due to a number of factors including weak revenue from Battlegrounds, stabilization of existing titles, and the “rebound from [...]
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Running a video game development studio is obviously a very daunting task, especially if you’re a small startup studio. Over the past few years, we’ve seen multiple studios fail to rise to the challenge, but probably none as controversial as Soulbound Studios. The Chronicles of Elyria developer ended up spending all of its crowdsourced funds and going bankrupt with nothing [...]
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Dead by Daylight developer Behaviour Interactive has acquired Killing Floor series co-developer Antimatter Games. The acquisition comes as Antimatter prepares to close its doors, prompting Behaviour Interactive to step in and incorporate the existing staff, which has now been rebranded as Behaviour – South. Executive vice presidents Wayne Meazza and Stephen Mulrooney shed light on the implications of this acquisition [...]
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Roblox Corp. has reportedly suffered a massive data breach that saw the personal details of roughly 4,000 developers leaked on a hacker forum. These details include the names, dates of birth, addresses, and even IP addresses of all Roblox Developer Conference attendees from 2017 to 2020. According to PC Gamer, the leaked information has been circulating around the internet for [...]
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Microsoft and Activision Blizzard have picked up another win against those looking to block the controversial $69 billion merger as both parties prepare to finalize the deal. Earlier this week, the U.S. Supreme Court denied the request of a private gamer group for a preliminary injunction to prevent the deal from being finalized while they’re waiting for the lawsuit to [...]
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Microsoft and Activision Blizzard have filed a motion urging the US Federal Trade Commission (FTC) to withdraw its August hearing on the $69B merger. The motion cites recent court losses for the FTC as an indication that further challenges may be futile. Despite substantial evidence presented by the FTC, the attorneys argue that continuing the case would be unproductive. “In [...]
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Last month, the US Federal Trade Commission filed a lawsuit with the District Court of Northern California along with a motion for a temporary restraining order and a preliminary injunction to prevent Microsoft and Activision Blizzard from consummating the merger while they’re still investigating the deal for alleged antitrust violations. While presiding judge Jacqueline Scott Corley granted the TRO, she [...]
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Bungie continues its legal battle winning streak as the company once again emerges victorious in a lawsuit against a Destiny 2 player who harassed a community manager. The judge awards Bungie nearly half a million dollars in damages and fees, highlighting the severity of the player's racist and threatening behavior. In its complaint, Bungie revealed that the player embarked on [...]
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Cloud Imperium Games has officially welcomed Turbulent, its long-time development partner on Star Citizen, as a permanent member of the CIG family. Turbulent is best known for its work on the sci-fi MMO’s web presence, platform capabilities, and the development of its persistent universe, and has been working with CIG on the project since 2019. The partnership with Turbulent has [...]
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Ubisoft Montreal developers faced a terrifying ordeal in 2020 when their office building became the target of a form of harassment commonly employed by the online gaming community known as “swatting.” Police stormed the publisher’s office upon receiving a fake call about a hostage threat, prompting a lengthy police search and leaving frightened employees to barricade themselves on the building's [...]
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