Tag: Gaming Business

At a loss: The fallout of Embracer’s months-long restructuring

Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here.  Last week, the Embracer Group announced that it was finished with its internal restructuring program. These cost-cutting measures resulted in the loss of about 1,400 jobs, the closure of at least three […]

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Helldivers 2 launch on par with big games like Modern Warfare II and Apex Legends | The DeanBeat

Helldivers 2‘s initial daily active users (DAUs) on Steam have been on par with major releases including Call of Duty: Modern Warfare II and Apex Legends, according to a report by IDG Consulting. Christina Kei, vice president and head of syndicated research at IDG Consulting said that Helldiver 2’s numbers are pretty strong considering launch […]

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Scopely co-CEOs will address Monopoly Go’s success at GamesBeat Summit 2024

We’re pleased to announced that the top leaders of Scopely will talk at the GamesBeat Summit 2024 event about the enormous success of Monopoly Go, a hit mobile game that generated $2 billion in revenue just 10 months after launch. Walter Driver and Javier Ferreira, co-CEOs of Scopely, and chief revenue officer Tim O’Brien will […]

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Ordz Games unveils blockchain-based gaming handheld BitBoy

Ordz Games unveiled BitBoy, a handheld retro gaming device reminiscent of a Game Boy. But this one will let players earn Bitcoin while playing on a blockchain network. The Hong Kong-based company will launch the first Gamefi + DEPIN Device (with DEPIN meaning a decentralized physical infrastructure network) sometime this year, the founder said. Ordz […]

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Today, Web3 social sim with Gen AI NPCs, raises $5M seed round

Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here.  Today, a web3 social simulation game, has raised a $5 million seed funding round to further develop its generative AI-powered intelligent NPCs and no-code creator tools. Sfermion and Big Brain led the […]

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Today, Web3 social sim with Gen AI NPCs, raises $5M seed round

Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here.  Today, a web3 social simulation game, has raised a $5 million seed funding round to further develop its generative AI-powered intelligent NPCs and no-code creator tools. Sfermion and Big Brain led the […]

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Epic Games faces complaints of UEFN DMCA takedown manipulation and ‘like cheating’

Epic Games is facing some pressure from popular creators to do more about bad behavior among map creators in the community-focused version of Fortnite. Dubbed UEFN (Unreal Editor for Fortnite), the version of Fortnite for amateur and pro creators alike has generated $320 million in payouts last year. But the competition for that money among […]

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Relic Entertainment joins layoff list after splitting from Sega

Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here.  Relic Entertainment last week revealed that it was going independent from Sega with help from an “external investor.” Relic insisted to gamers that this would not affect its output with regards to […]

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Yuga Labs’ Dookey Dash: Unclogged hits soft launch with creator mode and a $1M esports tournament

Think Web3 games are crappy? Yuga Labs is leaning into that with Dookey Dash: Unclogged, a Bored Ape universe game with a lot of toilets. The “dookey” here refers to stuff that goes in a toilet with green liquid. Led by Yuga Labs chief gaming officer Spencer Tucker and Alex Paley, cofounder of Faraway, the […]

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LightLink $6.2M for faster and gasless Ethereum Layer 2 blockchain

Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here.  Layer 2 blockchain LightLink announced it has raised $6.2 million in funding in an extended seed round. LightLink extended its seed round investment due to high demand from institutional and individual investors […]

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Pixelynx marries Korus with Vipe’s avatar market to make game-like metaverse music apps

Pixelynx, maker of the Korus immersive and gamified music platform, said Korus will be integrated with the Vipe avatar VTuber marketplace for metaverse-like music applications. Korus has teamed with Vipe, a Virtual Reality Model (VRM) avatar marketplace with a catalog of 261,000 avatars and a community of 80,000 users geared up for the metaverse, VR, […]

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Lara Croft crowned the most iconic video game character of all time | BAFTA

Lara Croft of Tomb Raider has been crowned the most iconic video game character of all time, according to a poll by BAFTA. The British Academy of Film and Television Arts has revealed the results of its players’ poll to establish the top characters from video game history. Launched to celebrate the 20th BAFTA Games […]

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Coachella and Avalanche create Web3 loyalty game for Coachella Quests

Coachella and Avalanche have partnered to launch Coachella Quests, a new blockchain-based loyalty game to drive engagement and loyalty. It’s another form of gamification, this time powered by Web3 technology. Fans who complete Quests will earn non-fungible token (NFT) Stamps and Points that grant access to exclusive festival benefits and experiences. As fans progress through […]

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The impressive progress of Omniverse and digital twins | Nvidia GTC 24 panel

Driving back and forth between San Francisco and San Jose is never fun. But I’m glad I made the trek from the Game Developers Conference in SF to the Nvidia GTC 24 conference in SJ so I could moderate an interesting panel about the industrial metaverse. Our panelists included Rev Lebaredian, vice president of Omniverse […]

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Bitkraft Ventures launches third gaming fund with $275M to invest

Bitkraft Ventures has raised $275 million for a third fund for early-stage investments in gaming and interactive media companies. Bitkraft Venture Fund 3 succeeds the company’s two prior early stage equity venture funds. Bitkraft Venture Fund 3 will continue to invest in studios, platforms, and technology globally within the gaming and interactive media space at […]

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Grin unveils activation benchmarking tool for scalable influencer marketing

Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here.  Grin has unveiled its Activation Benchmarking tool, empowering brands to launch measurable and scalable influencer marketing programs. Sacramento, California-based Grin has built a creator management platform. And today it announced the launch […]

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Alsym Energy raises $78M to make batteries that don’t use lithium

Alsym Energy has raised $78 million to make batteries that don’t use lithium or other materials that result in supply problems or high costs. Based in Woburn, Massachusetts, Alsym Energy is developing next-generation non-flammable rechargeable batteries for stationary storage, marine and mobility applications. New York-based Thrive Capital and Toronto-based Thomvest also joined in the round, […]

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Chipotle’s Burrito Vault digital game offers $1M sweepstakes

Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here.  Chipotle Mexican Grill announced today a new interactive game, Burrito Vault, that will give away 100,000 Buy-One-Get-One free entrée codes redeemable exclusively on National Burrito Day, April 4. Starting at 12 p.m. […]

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Playable ads make the biggest splash in gaming apps | Liftoff

Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here.  Mobile growth acceleration platform Liftoff published its latest Mobile Ad Creative Index recently, in which it revealed its findings about the effectiveness of ads on various mobile platforms — games included. According […]

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PC and console market grew 2.6% in 2023, but playtime hours fell | Newzoo

Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here.  The PC and console market grew 2.6% in 2023, but playtime hours fell during the year, according to the second annual report on the market by market researcher Newzoo. The comprehensive report […]

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Discord users can get Skill Issue in The Finals game by completing a quest

Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here.  Discord is launching a new Quest on its platform to enable players to earn a feature dubbed Skill Issue as an exclusive item for The Finals game. The newest season of The […]

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Lil Snack raises $3.1M for snackable games built by devs with AI tools

Lil Snack has raised $3.1 million for snackable games on a platform that entices players to come back every day. That’s a pretty hefty funding amount for a company that until recently had just two people: cofounders Eric Berman and Travis Chen. Fortunately for Lil Snack, the company has already gotten a lot of traction […]

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Hiroki Totoki becomes interim head of Sony Interactive Entertainment

Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here.  Hiroki Totoki is taking over today as interim chairman of Sony Interactive Entertainment, filling a role left open by the retirement of Jim Ryan. Ryan decided in September to retire after 30 […]

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A16z opens applications for third Speedrun tech and games class for $75M accelerator

Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here.  A16z opened applications for the latest Speedrun tech and games accelerator class — the third such class for the $75 million accelerator. The A16z Games Speedrun accelerator will also move its location […]

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Astarion the tiefling: Swen Vincke on iteration in Baldur’s Gate 3 | GDC 2024

Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here.  Baldur’s Gate 3 was the figurative belle of the ball at this year’s Game Developers Conference — in the sense that it drew the admiration and approbation of most of the attendees, […]

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#1ReasonToBe: Women speak to making games in emerging regions | The DeanBeat

The #1ReasonToBe panel has had a strong legacy at the Game Developers Conference. It has been dormant for a while, but the session returned at this year’s GDC. This year, it featured six women from different parts of the gaming world. They talked about why they’re game developers and how that came to pass at […]

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Skich starts with discovery for mobile games, moves on to third-party app store

Skich started out as a discovery and recommendation app for mobile games and it has traction for that. But with new regulations in effect for the app stores, it’s now creating its own alternative app store. The app is made for the age of swiping left or right, and it lets you express your interest […]

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How data can help you understand the game industry | Joost Van Dreunen interview

Joost Van Dreunen has made a career out of helping people understand the game industry. In his day job, he teaches gaming strategy at New York University’s Stern School of Business. Van Dreunen has been a big fan of using data to analyze gaming. And we’ve had a lot of it lately. Microsoft completed its […]

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Story Protocol and Magma will help artists grow with ‘programmable intellectual property’

In this new age of generative AI and user-generated content, Story Protocol cofounder SY (Seung Yoon) Lee said in an interview with GamesBeat that he believes that intellectual property is trapped in a medieval age. And with Magma, which has 2.5 million artists seeking new ways to make money, he hopes to set everybody free. […]

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