Take-Two has shared its financial report for the year ended March 31, 2022. The company reached $3.5 billion in revenue, with the bulk of it coming from microtransactions.

The WN Conference is coming to Istanbul on June 7-8. The program for the hybrid event has been announced, with a special metaverse track, talks dedicated to working with popular video game franchises, and NFT case studies.

Tokyo-based Success Corporation has established a special hamster department. This means more games about cute hamsters are coming in the future.

Frogwares, known for creating a series of Sherlock Holmes games, has received the Epic MegaGrant from Epic Games. The Ukrainian studio will use this money to relocate its employees to safer areas and help the ones who have already moved to other countries in the EU.

After months of silence, reports about an unconfirmed Silent Hill 2 remake have started to circulate again. The Medium developer Bloober Team is named as the studio behind the unannounced project.

Founded by former King team leads, pnkfrg (pronounced pink frog) studios has raised $3 million to create new mobile experiences based on blockchain and UGC videos.

Ubisoft India, which was the original team behind Prince of Persia: The Sands of Time Remake, has reportedly faced multiple struggles during the development. The studio had little experience and received almost no documentation from Ubisoft.

The so-called “Diversity Space Tool,” which was recently introduced by Activision Blizzard, has drawn criticism from players and developers. Some of the Overwatch creators have also denied any connection to this technology.

In 2021, the top 10 public game companies reached $126 billion in revenue combined, according to a Newzoo report. This is a 10.2% growth year-over-year, as the consolidation trend in the industry continues.

Epic Games has no plans to slow down its metaverse ambitions. The company will release the Unreal Editor for Fortnite later this year, letting everyone build their own content for the game.

AweKteaM is a small indie studio based in Spain, which is now working on its upcoming roguelite platformer Tower Princess. We spoke with the team about the development and challenges on the way to offering their own vision of the genre.

PUBG Mobile has reached another milestone, reaching over $8 billion in lifetime revenue. Tencent-developed battle royale remains one of the biggest mobile games in the world.

Funcom has shared an update on its next game, which will be an open-world survival title based on the Dune franchise. The Conan: Exiles developer is now hiring people to work on the upcoming project.

Electronic Arts has merged Codemasters Cheshire, which was formed by MotorStorm developers, into Criterion Games. The expanded team will be responsible for upcoming games in the Need For Speed series.

Bethesda has postponed the launches of both Starfield and Redfall to the first half of 2023. This decision leaves Xbox with almost no big first-party games for the rest of the year.

Starbreeze has shared its financial report for the first quarter of 2022. Although player interest in Payday 2 remains strong, the company’s losses keep growing.

Tim Berners-Lee, known as inventor of the World Wide Web, has shared his thoughts on the concepts of VR and the metaverse. He expects these technologies to have an impact on the way people interact online.

CD Projekt has officially implemented a hybrid work model, offering its employees options to work both from the office or from home. 

Gaming revenue in Turkey crossed the billion mark in 2021. The market now generates more than $1.2 billion per year. This happened at a time when local games development became one of the top investment sectors in the country.