PlayStation has shared its plans and growth strategy during its latest business briefing. The company plans to significantly increase its PC and mobile revenue, while also investing more in live service games.

Jerry Hook, who has two decades of experience both at 343 Industries and Microsoft, has announced his departure from his role as Halo Infinite design lead. This follows a couple of other high-profile devs leaving the studio earlier this year.

When it comes to a brand identity, it is hard to argue that Cyberpunk 2077 has very eye-catching visuals. CD Projekt RED has now finally explained why it chose this specific shade of yellow for its latest game.

CD Projekt has been struggling to recover from Cyberpunk 2077’s botched launch. Analysts have once again lowered their recommendations on the company’s share price, taking into account the Polish developer’s latest actions.

Members of Raven Software’s QA team have voted to unionize following pressure from Activision Blizzard and a wave of layoffs. This will be the first official union formed at a US-listed game company.

Zynga has officially become a subsidiary of Take-Two. The GTA publisher has finally completed the $12.7 billion deal announced earlier this year.

The talks about a Ubisoft buyout continue. A new report claims that the company’s stockholders will wait until its share price increases to accept a potential deal.

Chinese tech companies have been conducting staff cuts, according to the latest reports. Tencent is one of the firms to lay off employees at several departments amid regulatory pressure and the impact of the latest lockdowns.

Clockwork Kingdom is a small black and white dungeon crawler where the player has to escape the toy factory. The catch is that you can’t move initially and have to gradually unlock movement directions to make your escape. Today we discuss the concept and main inspirations behind the project with its creator, London-based animator and indie developer Jamie Rowan.

Take-Two has announced that its stockholders have finally approved the proposed $12.7 billion acquisition of Zynga. As a result, the mobile publisher’s shares will stop trading on the stock market today.

Hyper-casual games remain one of the most installed mobile titles globally. In 2021, they accounted for 36% of the top 100 titles by downloads, according to the latest report by Newzoo.

ByteDance has plans to launch more mobile titles on TikTok. The Chinese tech giant will reportedly roll out gaming in Southeast Asia later this year.

Microsoft has commented on its proposed acquisition of Activision Blizzard. The $68.7 billion deal is moving fast and now entering its middle phase, the company said.

Mass layoffs have reportedly happened at Electronic Arts. The company fired up to 100 customer support staff, many of whom worked on FIFA 22.

Embracer Group has released a financial report for the year ended March 31, 2022. The Swedish holding company recorded revenue growth, while also sharing its further M&A plans and saying that it now has over 200 titles in its pipeline.

China’s video game market will surpass $55 billion by 2026, according to the latest Niko Partners report. Analysts expect mobile to still account for the vast majority of total revenue, with the number of domestic players reaching 730 million people.

Private VC firm Andreessen Horowitz has established Games Fund One, a $600 million fund aimed solely at video games. The company will invest in developers to contribute to building the future around the metaverse.

Saudi Arabia’s Public Investment Fund has made a big investment in Nintendo. It acquired a 5% stake in the Japanese company, which makes it the fifth-largest shareholder.

Tencent has released its financial report for the first quarter of 2022 (ended March 31). The Chinese tech giant recorded no revenue growth, citing a decrease in its domestic player base due to the latest game-related restrictions in the country.