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Posts Tagged ‘online games’

Tencent to grow gaming empire with $148M acquisition of Conan publisher Funcom in Norway

Tencent, one of the world’s biggest videogaming companies by revenue, today made another move to help cement that position. The Chinese firm has made an offer to fully acquire Funcom, the games developer behind Conan Exiles (and others in the Conan franchise), Dune and some 28 other titles. The deal, when approved, would value the ...

Tencent to take 29% stake in multiplayer games maker Funcom

Chinese social media and gaming giant Tencent is taking a 29% stake to become the largest shareholder in Oslo-based Funcom. The indie games developer is responsible for multiple adaptations involving the Conan the Barbarian franchise, such as Age of Conan and Conan Exiles, as well as a number of other multiplayer titles — including a ...

Loot boxes in games are gambling and should be banned for kids, say UK MPs

UK MPs have called for the government to regulate the games industry’s use of loot boxes under current gambling legislation — urging a blanket ban on the sale of loot boxes to players who are children. Kids should instead be able to earn in-game credits to unlock look boxes, MPs have suggested in a recommendation ...

Roblox announces new game creation tools and marketplace, $100M in 2019 developer revenue

A week after gaming platform Roblox announced its new milestone of 100 million monthly users — topping Minecraft — the company said at its fifth annual developer conference that its developer community is on track to earn $100 million in 2019.  Roblox also introduced a new set of developer tools for building immersive, more realistic ...

Stranger Things 3 is now available on Netflix

July 4 is American Independence Day, but it also marks the arrival of Stranger Things season three — a release that might just be the most-anticipated in the history of Netflix. Season three dropped at 12:01 PDT which means, dear reader, that it is now online and ready for your viewing pleasure. The series has ...

Roblox hits milestone of 90M monthly active users

Kids gaming platform Roblox, most recently valued at over $2.5 billion, has reached a new milestone of 90 million monthly active users, the company said on Sunday. That’s up from the 70 million monthly actives it claimed at its last funding round – a $150 million Series F, announced last fall. The sizable increase in ...

BioWare’s ambitious Anthem is off to a rough start as players bring servers to their knees

The gaming world is excited to play Anthem, BioWare's answer to Destiny and other big-budget online shooters — but an exclusive preview weekend for the mech-flying game has struggled to get off the ground. Of course, it wouldn't be a game launch these days without a few hiccups to spice things up, but it is a ...

Tencent AI Lab loses key executive

Chinese internet giant Tencent just lost a leading artificial intelligence figure. Zhang Tong, who previously worked at Yahoo, IBM and Baidu, has stepped down after directing Tencent’s AI Lab for nearly two years. The scientist will return to academia and continue research in the AI field, Tencent confirmed with TechCrunch on Thursday, adding that it ...