Sony has surpassed Microsoft in sales of previous gen consoles. This is according to the latest documents related to the Activision Blizzard acquisition, which indicate that the Xbox One sold half as much as the PS4.

Games industry veteran Hiroyuki Kobayashi has left Capcom after 27 years. The prominent producer will now be working for Chinese tech giant NetEase.

Cult of the Lamb, the latest title by Massive Monster, came out yesterday to warm reviews and huge success. The game has become a new indie hit, reaching over 60k peak concurrent players on Steam.

Despite all the controversy, loot boxes have been crucial to FIFA monetization for years. Electronic Arts has now confirmed that it will add these packs in the next game, saying that players always have the option to not pay for them.

Grand Theft Auto remains one of the biggest gaming franchises globally. However, its quarterly earnings are back to pre-pandemic levels, although the numbers are still strong due to the success of GTA Online.

Apex Legends has reached another milestone after the Season 14 launch. Respawn Entertainment’s battle royale broke its previous record for peak concurrent players by almost 100k users.

Microsoft has commented on Sony’s concern over the Activision Blizzard acquisition. The company told a Brazilian regulator that PlayStation pays developers to stay off Game Pass to prevent Xbox’s growth.

A few weeks after announcing his departure from 343 Industries, Nicolas Bouvier has joined AAA studio Team Kaiju. He is another Halo veteran at the new development subsidiary of Tencent’s TiMi Studio Group.

Juan Linietsky and a group of other Godot veterans have started a new company called W4 Games. Its goal is to strengthen the engine’s ecosystem and help the games industry to embrace the open source model.

Unity has issued a financial report for the second quarter ended June 30. Despite seeing strong revenue growth, the company’s losses also increased year-over-year.

Microsoft’s $68.7 billion acquisition of Activision Blizzard will likely close by the beginning of 2023. If this happens, the number of Game Pass subscribers might reach 100 million, an analyst believes.

Take-Two has released its first financial report after closing its acquisition of Zynga. Although the publisher’s revenue rose in the three months ended June 30, it posted a huge loss due to increased costs and macroeconomic factors.

Less than 2 million people on average play games on Netflix daily. Although the number is small compared to successful mobile studios, the streaming giant will continue to invest in this field.

Arc System Works has announced that Guilty Gear Strive has reached a new milestone. The game is now officially the best-selling title in the long-running series.

Polish developer Ice Code Games has seen its shares increase by over 100% after the release of Hard West 2. The studio’s market capitalization reached almost $30 million.

Another game studio has announced mass layoffs. Jam City has cut hundreds of people across several offices as part of its restructuring, citing economic challenges as the main reason.

GamesForest.Club, a non-profit company helping the games industry invest in carbon absorption, recently partnered with two game companies. Xsolla and CD Projekt will join the organization to protect forests in Europe and South America.

Tencent continues to pursue Western expansion amid ongoing pressure in China. The company has reportedly reached out to the Guillemot family to increase its stake in the Assassin’s Creed maker.

A group of employees at Blizzard Albany, formerly Vicarious Visions, have accused Activation of preventing their unionization efforts. The Diablo IV developers say the company has spent hundreds of thousands of dollars to deny their labor rights.