Sony Interactive Entertainment CEO Jim Ryan confirmed the name of the the next console from Sony, as well as its release date. As expected, it is called PlayStation 5. It will go on sale at the end of 2020.

The last month of summer saw consumers spend $8.9 billion on digital copies of video games globally. 62% of this amount was spent on mobile.

The ROKiT Group of Companies, smartphone manufacturer and provider of wireless services, has launched ROKiT Games Limited. It’s a game development fund to support indie developers of mobile and console games. The size of the fund is $50 million.

Microsoft announced its next-gen Xbox console at E3 2019. Introducing the platform, Xbox head Phil Spenser referred to it as “Project Scarlett,” a codename that media has been using long before the official unveiling.

The U.S.’ trade war with China might enter a new phase as the Trump administration proposes tariffs of up to 25% for thousands of imported goods. Among them are a number of items related to video games, specifically consoles.