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Posts tagged @business

Next-gen consoles to thank for GameStop's record-breaking sales year

GameStop has the new consoles to thank for the retail juggernaut's record-breaking sales year. Total global sales reached $9.04 billion, a 1.7 increase from the previous bar-setter in 2011. The company saw a profit of $354.2 million, slamming the teeter-totter back from last year's $269.7 million...

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Report: Anti-games Sen. Leland Yee arrested on bribery, corruption charges

California State Senator Leland Yee, noted anti-video games official, was arrested this morning on charges of bribery and corruption, SF Weekly reported. The FBI conducted a raid of San Francisco's Chinatown district, and KCRA reported that agents took "computers and other documents" from Yee's...

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Cut the Rope studio challenges King's 'candy' trademark in EU

Cut the Rope studio ZeptoLab submitted an official claim against King's trademark on "candy" in the European Union, in an attempt to cancel the registration entirely. ZeptoLab submitted its claim on March 20 in London. "Candy is an integral part of the Cut the Rope franchise, and we do not...

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Report: Driveclub director Col Rodgers departs Evolution Studios

In addition to the layoffs at Driveclub developer Evolution Studios, which we reported earlier today, we now have word that game director Col Rodgers has also taken his leave. According to Videogamer, Rodgers' exodus is unrelated to the aforementioned layoffs. It's unclear why he has decided to...

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EA CEO: Publisher may skip a year between future UFC games

Electronic Arts CEO Andrew Wilson recently contemplated a bi-annual release schedule for future MMA games that follow EA Sports UFC, which is slated to launch on Xbox One and PS4 this year. In an interview with CNN's Fortune Tech, Wilson described the frequency of some games and the "appetite"...

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'Facebook creeps me out,' Notch ends Minecraft for Oculus Rift [Update]

Those eager to cobble together monumental structures in virtual reality will be sad to hear that Minecraft is no longer likely to be developed for the Oculus Rift officially. In August we reported on a series of tweets from Minecraft creator Markus "Notch" Persson in which the developer stated...

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Facebook buys Oculus VR

Facebook has acquired Oculus VR, the company building the Oculus Rift virtual reality headset, for $2 billion. Oculus will keep its headquarters in Irvine, California. "We are excited to work with Mark and the Facebook team to deliver the very best virtual reality platform in the world," Oculus...

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Double Fine to publish indie games, starting with Escape Goat 2

Double Fine may be known for creating games like Psychonauts, Brutal Legend and Broken Age, but it's expanding its efforts to add indie game publishing to its repertoire. Its first act as an indie publisher is to provide "promotional assistance and distribution" for MagicalTimeBean's Escape Goat...

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EA is not this year's 'Worst Company in America'

That's right, after two years as The Consumerist's Worst Company in America, as voted by the site's online audience, EA was knocked out in the first round by Time Warner Cable. EA received 48.8 percent of the vote, while TWC got 51.2 percent. In response to EA's win last year, COO Peter Moore...

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GDC breaks attendance record, returns March 2-6, 2015

Over 24,000 industry professionals attended the 2014 Game Developers Conference, organizer UBM Tech Game Network announced today. This year's event saw the unveiling of PlayStation's Project Morpheus, a hands-on tour of Valve's latest Steam controller, and a look back at the history of Shenmue and...

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