Electronic Arts
AppLovin wants to buy video game maker Unity for $20 billion
A year after going public, app growth and monetization agency AppLovin submitted an unsolicited proposal today to buy the game engine Unity in a deal worth $20 billion. But there’s a catch: Unit
As regulation heats up, will gaming studios’ gamble on loot boxes pay off?
Loot boxes, a way for players to receive random in-game rewards in exchange for real money, have been disparaged for a while now, and they’re now increasingly subject to government scrutiny.
Elden Ring gaming giant Bandai Namco says hackers may have stolen customer data
Bandai Namco, the Japanese video game publisher behind titles including Pac-Man, Tekken and Elden Ring, has admitted that hackers accessed its systems and potentially made off with customer data. In a
Incredibuild powers up with $35M to boost its distributed, faster approach to games and software development
Incredibuild, an Israeli startup that has picked up a lot of traction in the worlds of gaming and software development for a platform that drastically speeds up (and reduces the cost of) the shipment
Blockchain gaming unfazed by crypto volatility as gamers ‘seek out entertainment’
While the crypto industry was in free fall over the past few months, web3 games remained fairly stable.
Layoffs hit crypto and real estate tech particularly hard this week
Hey Siri, when does a “macroeconomic downturn” become a “recession”? It’s another bleak week for startups weathering dismal tech stocks and even worse cryptocurrency pric
Lapsus$ hacking group claims software consultancy giant Globant as its latest breach victim
Just days after police in the U.K. arrested seven people over suspected connections to the now-infamous hacking and extortion group, Lapsus$ is claiming its latest victim. Lapsus$, whose recent victim
Kooply taps into $18M from Microsoft and more for a mobile games dev platform still in stealth
Mobile dominates the world of gaming, with smartphone and tablet games generating $93.2 billion in revenues in 2021, more than console ($50.4 billion) and PC ($36.7 billion) combined, according to gam
UK police arrest 7 people in connection with Lapsus$ hacks
Police in the United Kingdom have arrested seven people over suspected connections to the Lapsus$ hacking group, which has in recent weeks targeted tech giants including Samsung, Nvidia, Microsoft and
Netflix acquires Next Games in Finland, publisher of ‘Stranger Things’ and ‘Walking Dead’ games, for $72M
As Finland mulls joining NATO in the wake of Russia’s unprovoked invasion of Ukraine, another bit of M&A is going down in the country. Today, Netflix announced that it would be acquiring Fin
Turkey’s Spyke raises $55M in a seed round to bring a social twist to casual mobile games
Istanbul has become a city to watch when it comes to casual gaming startups, boosted by the likes of Peak (acquired by Zynga for $1.8 billion) and Dream (valued at $1 billion in a funding round last y
Yahaha Studios, a platform for building no-code, immersive games, raised $50M in 3 rounds ahead of its launch this year
The success of Roblox and other user-created gaming experiences like Overwolf have democratized the concept of making games and have taken it into the mainstream. Now, a startup founded by veterans fr
Nvidia expands its GeForce Now game streaming ecosystem
At CES, Nvidia today put a strong emphasis on its GeForce Now game streaming service, its competitor to the likes of Google’s Stadia (that’s still around, right?), Amazon’s Luna and
What Netflix’s move into gaming means for developers
Netflix’s audience of over 209 million subscribers translates into a lot of free marketing impressions and low player acquisition costs, giving it an advantage over small studios and independent dev
Google Cloud’s BigQuery Omni is now generally available
Google first revealed BigQuery Omni, its Anthos-based multi-cloud data analytics solution, last summer. Today, at its annual Cloud Next event, the company announced that BigQuery Omni is generally ava
Electronic Arts buys mobile game studio Playdemic for $1.4 billion
Video game giant Electronic Arts is continuing to make M&A moves as it looks to bulk up its presence in the mobile gaming world. Fresh off the $2.4 billion acquisition of Glu Mobile this past Apri
Women-led sports media startup The GIST raises $1M to challenge sports reporting norms
The three co-founders of The GIST are all themselves sports fans, but realized in 2018 that sports media in general left a lot to be desired when it comes to catering to audiences outside of the male-
Turkey’s Ace Games raises $7M to develop casual and ‘hyper casual’ games
Ace Games, a Turkish mobile gaming company founded by a former Peak Games co-founder, has raised a $7 million seed funding round led by Actera Group. Co-investment has come from San Francisco’s NFX.
Riot Games and Konvoy Ventures back games publisher Carry1st in $6M Series A
Africa is the last frontier for basically anything. Mobile gaming is no exception. For a continent that is home to more than 1 billion millennials and Gen Zers, mobile gaming has never really picked u
The Roblox final fantasy
Hello friends, and welcome to Week in Review. Last week, I talked a bit about NFTs and their impact on artists. If you’re inundated with NFT talk just take one quick look at this story I wrote t