Activision Blizzard saw its stock decline after publishing its latest financial report. The price hit its lowest point since Microsoft announced its intent to acquire the company for $68.7 billion in January.

Google continues to focus on user privacy and security by improving its review processes and machine learning systems. As a result, the company blocked over 1 million apps on the Play Store last year.

Global sanctions have already started affecting different business areas in Russia, including the mobile games market. Here is how revenues of the highest-grossing mobile titles, as well as the whole market volume, decreased following the latest suspensions.

Apple has received a lot of criticism for its latest decision to remove from sale apps that haven’t been updated in two years. According to the latest report, there are now almost 3000 apps that might face deletion.

The Finnish studio Fingersoft has announced that its Hill Climb Racing series has reached two major milestones. The mobile franchise has now generated over €180 million on iOS and Android.

Microsoft has released its latest financial report. The Xbox division continues to grow, reaching over $3.7 billion in revenue for the quarter ending March 31.

Capcom has announced that Devil May Cry 5 has reached a new milestone. The latest installment in the action series has sold over 5 million units since its launch.

Sony will require developers of certain games to make time-limited trials, according to the latest report. These versions must be at least two hours long, so they can be added to the PS Plus Premium subscription.

Crytek has joined the list of studios to adopt remote work. The company will make the work-from-home option permanent for most of its employees.

Game Freak, known as the developer of numerous Pokémon games, has announced its decision to implement an optional 4-day workweek. The Japanese company will allow its employees to take an additional day-off in addition to Saturday and Sunday.

Lilith Games, a Chinese studio behind mobile titles like Rise of Kingdoms and AFK Arena, has announced the establishment of Farlight Games. It is a new publishing brand, which is in line with the company’s global expansion.

GEM Capital has invested in Cypriot company Skich, the developer of the self-titled app. It is aimed at helping users find mobile games that match their interests through personalized recommendations.

Sony has created a new Preservation team. While it is unclear what specific goals this division will have, it most likely will focus on saving and maintaining old PlayStation titles.

The Chinese games industry generated more than $12 billion in the first quarter of 2022. The market continues to grow, with mobile accounting for the vast majority of total revenues.

Valheim has sold more than 10 million copies globally, Iron Gate Studio and publisher Coffee Stain revealed. It took the Viking survival game a little over a year to hit this major milestone.

The NPD Group has released a new report on the best-selling video games, consoles, and accessories of March and the first quarter of 2022. Overall, the US consumer spending reached almost $14 billion during the last three months.

Activision Blizzard has released a financial report for the first quarter of 2022. The company saw its revenues and net income decline year-over-year, with lower Call of Duty sales and the Microsoft deal being named among the reasons behind it.

Several private equity firms have been reportedly studying Ubisoft as a target for a potential acquisition. The company saw its shares rise, although no serious talks have been made yet.

Sony has no plans to slow down on its expansion into the PC market. The company is now looking for a senior director who will help optimize and increase the growth strategy for upcoming console ports.