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

How Roblox avoided the gaming graveyard and grew into a $2.5B company

There are successful companies that grow fast and garner tons of press. Then there’s Roblox, a company which took at least a decade to hit its stride and has, relative to its current level of succes

Habbo Hotel Kids Social Network Reopens For Business Post Pedophile Scandal: Spain, Brazil, Finland First Up

<a target="_blank" href="http://www.habbohotel.com">Habbo Hotel</a>, the under-21 social networking site that was forced to close down earlier this month after it was <a target="_blank" href="http://w

Patchy Response From Sites Aimed At Kids In The Wake of Habbo Controversy

In the wake of the <a href="https://techcrunch.com/2012/06/12/trouble-at-habbo-hotel-balderton-dumps-13-stake-in-owner-sulake-over-dodgy-child-content/">disturbing news</a> that teen site <a target="_

Trouble At Habbo Hotel: Balderton Dumps Its 13% Stake Over Dodgy Child Content [Updated]

Top European VC firm <a target="_blank" href="http://www.balderton.com">Balderton</a> today has confirmed to TechCrunch that it is ditching a 13 percent stake in Finnish social networking and virtual

Habbo Pulled In $74 Million In Real Revenues Last Year From Virtual Goods And Advertising

<img src="https://techcrunch.com/wp-content/uploads/2009/03/habbo-logo.png" width="188" height="106" /> Convincing people to pay for nothing, or rather for things with zero marginal cost to produce,

EA-Land (The Sims Online) Joins The Deadpool

EA-Land, the service previously known as The Sims Online will shut August 1, despite a much hyped revamp announced late February. The Sims Online was generally regarded to be a failure for EA, with th

EA Turns The Sims Online Into Free EA-Land, Second Life Competitor

EA is relaunching The Sims Online as a free service with a new name and new features, including UGC, commerce and land ownership. EA-Land is the new, free Sims Online (TSO). The 12 different cities fr

Habbo Hotel Microtransacts itself to $30m in Revenue

Habbo Hotel, a Helsinki, Finland virtual world/social network startup, announced a 6 million Euro round of financing today (parent company is Sulake) from Movida Group (a joint venture by SoftBank BB