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While Epic Games attempts to prove that Apple has violated federal antitrust law in a high-profile lawsuit, a much-anticipated report from a US House subcommittee calls the iPhone maker’s App Store a monopoly that reaps “supra-natural” profits and prevents competitors from entering the market.
Genshin Impact is an open-world, action adventure game that lets users play as young, magic-conjuring warriors. Analysts say success of miHoYo-developed game is another sign of the growing technical and marketing prowess of China in the video games space.
Last week, Bethesda and its parent company, ZeniMax Media Inc, agreed to be acquired by Microsoft Corp for US$7.5bil (RM31.28bil) in cash. The deal gives Microsoft new game titles as it prepares to launch the next generation of Xbox consoles. It gives, Altman, 73, and Bethesda’s founder, computer-science professor Christopher Weaver, 69, a huge payday.
One of the most important investments Marc Bodnick’s old venture capital firm, Elevation Partners, ever made was putting US$210mil (RM875.07mil) into Facebook Inc before the company went public. More than a decade later, Bodnick is trying to build a new social network without the flaws that Facebook and other platforms have come to embody.
Amazon.com Inc is diving into the new and hotly contested market for streaming video games, the company said during a press event on Sept 24.
Reality finally set in for Rony Abovitz in May. The augmented reality headset that had been under development for nine years inside his company, Magic Leap Inc, had been a colossal flop.
Once a premier industry event, Tokyo Game Show has been increasingly overshadowed by global competitors in recent years. But as the pandemic forces it online, some see a chance for reinvention.
The hunt for Pokémon is set to be more on trend than ever during the upcoming Fashion Week in Paris.
Entrepreneur Ryan Cohen is pitching GameStop Corp on the idea of becoming a true competitor to Amazon.com Inc.
With Microsoft Corp’s US$7.5bil (RM30.93bil) purchase of ZeniMax Media Inc, gamers’ long-awaited fantasy about a “Netflix for gaming” took a step closer to reality.