Market intelligence platform InvestGame has issued a new report on deal activity in the games industry for the first quarter of 2023. Here are the key findings from analysts.

Later this week, China-based games industry professionals will gather at WN Connect Beijing’23. Here are all the details about this invitation-only networking event.

Sony has no plans to give up on its strategy of releasing first-party PlayStation games on PC. The time lag between the two versions will remain, but there will be more PS5 exclusives in the future.

Battlegrounds Mobile India, the Indian version of PUBG Mobile, has been approved to be relaunched in the country. This follows a 10-month ban the Indian government has imposed on the game over national security concerns.

The New Fortune Magazine has released its 2023 China’s 500 richest people list. It includes founders of large tech companies, as well as all three founders of Genshin Impact maker miHoYo.

A new week, a new episode of AI Talks, a series of free webinars by WN Media Group. Today’s guest Guy Gadney will share his tips on building an AI business from scratch.

Take-Two has released its financial report for the fiscal year ended March 31. The company also shared its stance on AI and provided new information about its business strategy and future game releases.

Nintendo has revealed the first sales figures for The Legend of Zelda: Tears of the Kingdom. The game is on track to become the biggest release of the year.

Konami has filed a lawsuit against developer Cygames. The Japanese publisher believes that the studio’s hit game Uma Musume Pretty Derby has infringed its patent rights.

Developers from all over the world can now submit their games to the WN Dev Contest. It will be part of the upcoming WN Istanbul’23 conference, which will be held on June 7-8.

Ubisoft has published its financial results for the fiscal year ended March 31. The company posted significant losses and outlined its plans for the future, which include the focus on core-franchises, F2P, and AI adoption.

Industrial Toys founder Alex Seropian has opened up about the cancellation of Battlefield Mobile. This all led to Electronic Arts closing the studio earlier this year.

Saudi Arabia’s Public Investment Fund (PIF) continues its gaming expansion. In its latest move, it has increased its stake in Electronic Arts by 55%.

Unifiq Games founder Seyed Nasrollahi has created a free database of active indie publishers and investors. This spreadsheet should help game developers find companies they could pitch their projects to.

Steam has announced major changes to traffic data reporting. The platform will no longer support Google Analytics, instead giving developers more first-party tools.

Microsoft can breath a sigh of relief for a while as the European Commission has finally cleared its $68.7 billion acquisition of Activision Blizzard. The regulator found remedies offered by Microsoft in the cloud gaming area compelling enough.

Jason Wilson (aka Jay Gunn), a prominent game developer of the 90s, has put his art and design archive for sale. However, the reasons for this decision are rather unfortunate, as he needs money to pay bills while looking for a job.

Several The Molasses Flood employees have said they were laid off from the studio. This comes right after CD Projekt announced the successful reboot of Project Sirius, a multiplayer Witcher title developed by its Boston subsidiary.

Roots of Pacha, a co-op farming simulator inspired by Stardew Valley, has been pulled from Steam over the weekend. This is all due to a conflict between developer Soda Den and publisher Crytivo.