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Posts tagged @business

Stiq Figures, January 19 - 25: All-time favorite game edition

I've used my time with Stiq Figures to ask you about your favorite specific elements, moments and quirks from video games, and reading your responses has become to feel like a weekly check-in with a bunch of gaming-oriented friends. With this being the final edition of Stiq Figures however, it's ti...

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Report: Ouya gets $10 million investment from Alibaba

Chinese e-commerce company Alibaba invested $10 million into microconsole maker Ouya last month, The Wall Street Journal reported. The two companies have seemingly agreed to bring Ouya's software and game library to Alibaba's set-top box. Ouya announced its Ouya console-less ambitions in March 2014...

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Sega Sammy to cut hundreds of jobs in 'Digital' restructure

Sega Sammy is restructuring to prioritize "Digital Games," a reform that'll see it make job cuts including "soliciting voluntary retirement" for around 300 employees; 120 employees are due to be approached about voluntary retirement next month. Sega of America is among those to be hit by layoffs as...

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Valve: Steam Workshop creators have earned over $57 million

There's tidy cash to be made in designing virtual items for players on the Steam Workshop. According to a recent Valve announcement, the platform has paid out over $57 million to creators since 2011. That figure represents items created for three of Valve's most popular games: Team Fortress 2, D...

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Rovio's head of games flies the coop

Jami Laes has departed Angry Birds developer Rovio where he lead the games division for nearly the past two years, reports Reuters. Laes was hired in April of 2013 as Rovio's EVP of Games. At the time, he claimed he was a huge fan of Angry Birds and looked forward to building on the franchise's ...

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Lumines changes hands, returning on iOS and Android

Mobcast acquired the Lumines and Meteos properties from Q Entertainment, the Japanese smartphone game developer announced this week, as translated by Gematsu. Additionally, a new Lumines game is on the way for iOS and Android, and will be a collaboration with the colorful puzzle series' creator, Te...

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1.84M New 3DS units shipped in 2014, Wii U up to 9.2M

The New 3DS is off to a "good start" according to Nintendo, after the enhanced handheld shipped 1.84 million units by the end of 2014. The company launched the New 3DS and its XL variant in Japan back in October, before bringing them to Australia the following month. The New 3DS' arrival helped ...

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Nintendo: Sales tracking below forecasts, weak yen drives profit

Nintendo reduced its annual sales forecast by 6.8 percent today, leading to a 50 percent drop in the projected operating profit for its core business. Nonetheless, the ever-weakening state of the yen is balancing that out by boosting the company's overseas earnings. According to its revised fore...

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Microsoft: 6.6 million Xbox consoles shipped in Q2 2015

In a recent earnings release, Microsoft reveals that during the quarter ending December 31, 2014 it earned revenues of $26.5 billion, partly thanks to the 6.6 million Xbox consoles it shipped in that time. "Our sales engagement worldwide continues to focus on helping customers and partners trans...

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Elite: Dangerous dev lays off fifteen in Cambridge, UK

A recent investor update reveals that developer Frontier Developments has laid off 15 employees a little over a month after it launched freeform space simulation Elite: Dangerous. According to the update, Frontier plans to shift its focus entirely to Elite: Dangerous and the Coaster Park Tycoon ...

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