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Industry News April 5, 2021

Tencent’s new patented controller looks like combination of PlayStation and Xbox gamepads

Tencent obtained a patent for its own game controller, which looks very similar to Sony’s and Microsoft’s devices. As it’s only a design, it’s unclear when and if this gamepad will be released.

Industry News April 5, 2021

Super Mario Bros. copy sold for record-breaking $660,000 after staying unopened for almost 35 years

This cartridge was one of the first and rarest copies of Super Mario Bros. It has become the most expensive video game ever after being sold at an auction for a whopping $660,000.

Industry News April 5, 2021

Steam chart: Outriders displaces Valheim from 1st place, Cyberpunk 2077 stays in top 10

Valheim has been leading Steam’s best-selling chart for eight weeks, but Outriders has now managed to take first place.

Industry News April 2, 2021

Supercell announces 3 new Clash mobile games that are ‘nothing like’ prior titles

On April 2, Supercell made a major announcement about working on three new mobile games based on its famous Clash franchise. The company also notes that these titles will be different from any other game it has released.

Industry News April 2, 2021

Newzoo: Journey to the West mobile games earn 2.45 times more than titles based on Marvel IP

Newzoo published a report on IP-based mobile games. The analysts calculated that titles based on the Chinese novel Journey to the West earn almost 2.5 times more than all mobile games based on Marvel’s intellectual property combined.

Industry News April 2, 2021

Tencent’s TiMi Studios becomes world’s largest developer after earning whopping $10 billion in 2020

TiMi Studios is known for mobile games like Call of Duty Mobile and Honor of Kings. The company reached $10 billion in revenue last year and, from now on, will also be developing titles for other platforms.

Industry News April 2, 2021

Outriders surpasses 100,000 concurrent players, becoming Square Enix’s biggest Steam launch ever

It only took an hour and a half for co-op action game Outriders to reach over 100,000 concurrent players. This achievement made the game the biggest Steam launch for Square Enix.

Industry News April 1, 2021

Manticore Games raises $100 million for its UGC platform dubbed as “Roblox for adults”

Manticore Games is a team behind Core, the platform that lets people create their own games united into one multiverse. The company raised $100 million, and some investors call it “Roblox for adults.”

Industry News April 1, 2021

Chinese game Three Kingdoms Tactics published by Alibaba surpasses $1 billion in revenue

Three Kingdoms Tactics has already become one of the top-grossing mobile games on iOS of 2021. Overall, the Alibaba-published title reached $1.2 billion in lifetime revenue.

Industry News April 1, 2021

Microsoft wins US Army contract for AR headsets worth almost $22 billion

Microsoft will deliver 120,000 AR headsets to the US Army. The device is based on HoloLens 2 and lets soldiers see in the dark and project additional information on a visor. The deal is worth $21.88 billion.

Industry News April 1, 2021

Bilibili invests $123 million in Chinese game distribution platform TapTap

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.

Industry News April 1, 2021

Activision: Hackers use Call of Duty: Warzone cheats to install malware for mining cryptocurrency

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.

Industry News April 1, 2021

Nielsen closing its SuperData gaming department

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

Industry News April 1, 2021

Epic to raise $1.7 billion at $28 billion valuation

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

Industry News March 31, 2021

Jeff Grubb: Remedy to make Alan Wake 2 for Epic

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

Industry News March 31, 2021

Krafton to completely shut down PUBG Lite two years after release

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.

Industry News March 31, 2021

Indie developers on losing their PS Vita games and income after store’s closure: “It’s a real shame”

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.

Industry News March 31, 2021

CD Projekt’s shares drop 13% as company moves to parallel development under its new strategy

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.

Game Development March 30, 2021

Naughty Dog’s former tech art director discusses his Promethean AI technology designed to help build virtual worlds

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.”

Industry News March 30, 2021

Activision Blizzard welcomes former CIA chief operating officer in its top management

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.