News April 1 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.
News April 1 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.
News April 1 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.
News April 1 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.
News April 1 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.
News April 1 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.
News March 31 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.
News March 31 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.
News March 31 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.
News March 31 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.
