Ubisoft saw its shares tumble after Tencent announced its decision to invest €300 million in Guillemot Brothers Limited. The news made the company’s investors worried about buyout prospects.

Tencent has invested in over 120 companies in the first half of 2022. It helped the Chinese tech giant become the fourth most active VC firm globally.

Mario Kart Tour has reached $293 million in player spending on iOS and Android. It is now Nintendo’s second highest-grossing mobile game.

CD Projekt has announced its second annual mentoring program called “Girls in the game!” (Dziewczyny w grze!). It will provide scholarships to 20 more talented candidates.

UK indie developer and publisher Chucklefish has announced another pay increase across the company. This is the second raise for employees this year.

The conference is positioned by its organizers as the “space for visionaries from advertising, marketing, and technology spheres in the mobile industry.” They are also waiting to see tech startups founders and investors who are interested in the mobile application business.

Sony Interactive Entertainment executive vice president Masayasu Ito will leave the company. He worked at Sony for almost four decades and led engineering on several PlayStation consoles.

Mobile publisher FunPlus and its subsidiary KingsGroup Games have celebrated the third anniversary of State of Survival with some big announcements.

Matt Booty, the man at the helm of Xbox Game Studios, has opened up about the new reality of AAA game development. He says companies now need multiple studios to finish big titles, which ultimately affects the schedule.

Mark Brown, creator of the Game Maker’s Toolkit blog, has announced that his latest project Platformer Toolkit has reached a new milestone. It is an interactive video essay where the player has to fix a bad platformer.

Polished deckbuilding roguelite with RPG-like progression and some DnD feel to it? Well, it is all about Gordian Quest. We caught up with Singapore-based indie studio Mixed Realms to discuss the challenge of mixing multiple genres, the benefits of Early Access, and their favorite Ultima game.

Singapore-based tech company Sea has cut some jobs. The layoffs reportedly affected several business units, including Free Fire developer Garena.

League of Legends: Wild Rift has reached another milestone, remaining the highest grossing mobile game in Riot’s portfolio.

UK’s Competition and Markets Authority (CMA) has expressed its concerns over Microsoft’s acquisition of Activision Blizzard. The regulator says the deal might lessen competition, asking both companies to address these concerns.

Arkane Studios founder Raphael Colantonio has revealed that Bethesda basically forced the studio to call its 2017 game “Prey”. He also noted that it was one of the reasons he ended up leaving the company.

Sprocket is a new studio founded by a group of former Riot Games developers. The team has raised $5 million to build a cross-platform multiplayer title.

NetEase has announced its decision to acquire Quantic Dream. The Detroit: Become Human developer will become the Chinese tech giant’s first studio in Europe.

Tencent and Sony have announced their decision to buy minority stakes in FromSoftware. The deal will make the Chinese tech giant the second largest shareholder in the Eldend Ring and Dark Souls developer.

Terraria, one of the biggest indie games of the past decade, has now surpassed 1 million reviews on Steam. It is now the only title with “Overwhelmingly Positive” rating to reach this milestone.