Archives

APRIL 23, 2012 ● For the three months ending March 31st, Facebook recorded $1.06 billion in first quarter revenue. More interestingly, virtual item sales from Zynga games, and Zynga advertising, [...]

APRIL 10, 2012 ● Sony Corp. announced an annual net loss of $6.4 billion, which means its investors have not seen a profit in four years.  The company said sales of TVs were down almost 30%, with [...]

MARCH 29, 2012 ● Free-to-play publisher of hardcore social games Kabam announced it acquired 
Emeryville, Calif.-based 3D
social 
game developer
 Gravity
Bear, creator
of the role-playing
 combat [...]

FEB. 10, 2012, Securing funding for a large-scale classic adventure game is not an easy endeavor, which drove its studio to solicit funds from game consumers themselves. Although the initial goal [...]

JAN. 9, 2012 • New York City-based Insight Venture Partners raised its stake in publisher Jagex to 55% from the 35% acquired in 2005. Jagex is best known for the popular online MMO Runescape. [...]