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Posts tagged money

EVE Online players can use in-game currency to pay for real-life graphics cards

Play vidyagames, get real stuff for vidyagames: That's how the EVE Online PLEX-for-graphics-cards thing works. Good night, everyone! OK, fine, in more detail this time: CCP Games, the developer behind EVE Online, has struck a deal with Nvidia for players to use in-game currency -- PLEX -- to...

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Rockstar head Houser nabs Capote mansion for $12.5 million

Dan Houser is the vice president of Rockstar Games. Rockstar Games makes some astoundingly popular games -- games that have net him quite a bit of dough over the years. So what does a super rich New Yorker with a flair for the creative do with all that dough? He buys a $12.5 million house, of...

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The price of independence: What it really costs to be an indie developer

Will Stallwood is a gambler. He's had the same addiction for years, yet he's never stepped foot inside a casino. He's never found himself hunched over a table fitted with worn green felt, sliding his last two chips between sweaty, shaking palms. He's never felt the sick dread as a slot machine...

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Facebook seeking $5 billion in IPO fundraising

Whoever said money can't buy friends? It certainly wasn't Facebook co-founder and CEO Mark Zuckerberg, whose company today filed for its initial public offering with the United States Securities and Exchange Commission. According to the filing, Facebook seeks to raise $5 billion if and when the...

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Zynga's IPO road show begins, expects to raise $1 billion

Zynga is doing extremely well, especially for a company that started by piggybacking on a social-networking site, Facebook, and making games about farming. Zynga is in the process of launching its IPO, and while it won't be worth as much as initially expected this summer -- dropping from an...

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Valve has no idea why almost 30 percent of TF2 players spend cash in the game

"We don't understand what's going on," said Valve co-founder Gabe Newell, during last week's WTIA TechNW panel in Seattle. According to Newell, 20 to 30 percent of the people who play Team Fortress 2 end up spending money on the title's various microtransactions, far beyond the average two to...

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Escalation marks GameStop's biggest DLC launch in record first quarter

The recent Call of Duty: Black Ops "Escalation" DLC has taken the crown at GameStop as its largest DLC launch ever, according to the company's latest earnings call. The map pack sold 50,000 copies as pre-orders and 200,000 in store during the first week of availability. Digital sales in general...

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Game developer salaries in 2010 tracked, fills us once more with regret

The Game Developer Research group, somehow sensing that we were having a pretty good day, decided to release a portion of its 10th annual, always soul-crushing Game Developer Salary Survey. The information, according to Gamasutra, is fairly optimistic: Traditional mainstream developers are...

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Zynga valuations place company at nearly $10 billion

Earlier this week, casual gaming juggernaut Zynga received yet another outside investment of an undisclosed sum of money. A number of news outlets speculated on the aforementioned sum and what it's done to the company's bottom line -- for instance, the Wall Street Journal (via Develop) reported...

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Riot Games confirms Tencent majority buyout

Riot Games has confirmed that a majority of the company was bought by China's Tencent, putting its stamp of approval on rumors of the deal last week. Brandon Beck, Riot's CEO, is quoted as saying that "Tencent's investment will provide our talented team of designers, developers and community staff...

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