Another Chinese giant tries to make its way into the gaming industry. Video sharing website Bilibili made a $123 million investment in local distribution platform TapTap owned by X.D. Network.

New research published by Activision claims that a widely used cheat for Call of Duty: Warzone was, in fact, malware allowing hackers to take control of gamers’ computers.

Data analytics company Nielsen is closing its SuperData gaming department as a stand-alone entity. Experts suggest that the gaming data market is overcrowded.

Epic Games is in talks with investors to raise $1.7 billion. The company is currently valued at around $28 billion.

Journalist and industry nsider Jeff Grubb claims that Remedy Entertainment is working on the second installment in the Alan Wake franchise.

Players will no longer be able to play PUBG Lite, a special version of the battle royale for low-end PCs. The developers announced that they will close the game’s servers on April 29.

Sony’s plans to close PS3, PSP, and PS Vita stores have affected not only gamers but also a lot of indie developers. They are at risk of losing games they spent years developing and their money forever.

It seems that investors weren’t in awe of CD Projekt’s new strategy suddenly revealed yesterday. The company’s stock was down 9% yesterday and continued to fall after the presentation.

Promethean AI is a new technology developed by Naughty Dog’s former technical art director. It is the world’s first artificial intelligence that “works together with artists, assists them in the process of building virtual worlds.”

Brian Bulatao has become a new chief administrative officer at Activision Blizzard. He worked as COO of the CIA and was a member of Donald Trump Administration. The company, however, decided to not publicly announce the appointment.

King-developed mobile runner Crash Bandicoot: On the Run has already become a huge hit. According to Sensor Tower, it has surpassed a milestone of 25 million downloads on mobile platforms in less than a week.

Video games industry association IGEA has rolled out a report on the funding schemes or tax offsets available to video games developers across the globe.

MY.GAMES published research of Russia’s video games market. The company estimated its volume for 2020 at 163.4 billion rubles ($2.2 billion).

Over the weekend, Sony closed an old web version of the PlayStation Store without even informing its users. It seems that people will now have trouble trying to buy digital copies of PS3, PSP, and Vita games and DLCs.

Valheim continues to prove its status as one of the year’s most successful titles. Two months after its release, the game is still the top-selling game on Steam.

Tencent has acquired a 5% minority stake in Game Science, the developer of Black Myth: Wu Kong.

Sony seems really satisfied with the launch of PlayStation 5. To celebrate the success, the company is going to reward its Japanese employees with annual bonuses reportedly equivalent to a 7-month salary.

Crash Bandicoot: On the Run, a mobile spin-off of the famous platformer series, hit more than 8 million downloads in 24 hours. If you count the game’s early iOS release in, the King-developed title has already generated 11.4 million installs.

Copenhagen-based Nordisk Games is buying a 30.7% stake in indie developer Supermassive Games. The studio is best known for its BAFTA-winning title Until Dawn and, more recently, The Dark Pictures Anthology.