Gearbox Entertainment has entered into an agreement to fully acquire Lost Boys Interactive, a studio known for helping with the Tiny Tina’s Wonderlands development. This deal will contribute to Embracer Group’s expansion.

Afghanistan has become another region where PUBG is facing local restrictions. Krafton’s global hit will be banned in the country, alongside TikTok.

Mobile puzzle games generated $5 billion in the US during the past year, according to a new Sensor Tower report. Analysts also shared data on the highest-grossing titles and their installs.

Tencent has shared the results of its efforts to create the so-called healthy gaming environment. The Chinese tech giant noted how the latest restrictions implemented last year helped reduce total time spent by minors in its titles.

Innersloth has opened up about the Among Us development. The studio, which is now recognized across the globe, talked about the game’s early version and sources of inspiration for the whole project.

CD Projekt shares have dropped to the lowest level in over three years soon after the Cyberpunk 2077 developer released its new financial report. Analysts also reduced their expectations for the company’s revenue.

Rovio is not known for actively purchasing other studios. However, the Angry Birds developer is now looking for potential M&A targets, saying that these deals will be an important part of its strategy.

Mobile developer Fusebox Games has announced the opening of its new studio in Los Angeles. It will be led by writer and producer Michael J. Cinquemani.

Prominent game designer David Jaffe, known for his work on series like God of War and Twisted Metal, has claimed that Tencent once wanted him to direct a game with a $100 million budget. However, he refused to partner with the Chinese tech giant.

Ishtar Games, known for The Last Spell and the Dead In series, has started a new publishing label. The studio is now accepting applications from indie developers.

Newzoo has shared a new report on the global esports market. Analysts expect it to reach $1.38 billion by the end of 2022.

It’s been reported that Microsoft is now working on a special program to let third-party companies place ads in free-to-play games. Here is how this move might boost Xbox advertising ambitions and help it build the so-called “content fortress.”

EG7 has announced its intent to sell its subsidiary Innova, known for localizing and publishing MMO games in Russia. The Swedish holding company set the purchase price at €32 million.

Sony has already stated that it has plans for more M&A deals after announcing the Bungie acquisition. According to a new rumor, Elden Ring developer FromSoftware might be the company’s next acquisition candidate.

Sega has reportedly been working on big-budget reboots of two of its Dreamcast titles. The Japanese company wants to increase its gaming revenue and add new hits to its portfolio.

WN Istanbul’22, a business conference for games industry professionals, will take place on June 7-8 in Turkey’s capital. There will also be a developer showcase, with organizers having already started accepting applications.

Microsoft has been trying to close the gap on Sony since the start of the latest console race. The Xbox Series X|S has strengthened its positions over the last months, with its total sales reaching almost 14 million units worldwide.

Prominent video game writer Erik Wolpaw, who is known for working with Double Fine and Valve, has expressed the desire to work on Portal 3. He addressed this message to whoever could make it happen.

Humble has laid off a number of employees in two of its departments. This happened as a part of the bundling platform’s restructuring.