EA has made a brisk start to the current financial year (FY25) after exceeding its net bookings guidance for the first quarter. The publisher, which is currently laying off 5 percent of its workforce, delivered Q1 net bookings of $1.26 billion, exceeding its high-end guidance range of $1.25 billion. The company said that surge was …
June 2023
Finding a New Balance Between AI and Beneficial Bugs
Miruna Vozaru June 12, 2024 7 Min Read Pharah, one of the heroes in Overwatch, has an emote where she says, “Rocket jump? That sounds dangerous.” Almost thirty years before Pharah said that, in Quake, some players discovered that shooting a rocket into the ground would damage them but also provided a jump boost, allowing …
Report: Roblox employees are worried it isn’t doing enough to stop child predators
“Parents are letting children play on Roblox thinking it’s a cute little kids’ game, with no idea what is really happening. If I could wipe one app off the face of the Earth right now, it would be that one—it would be Roblox.”—Safe on Social CEO Kirra Pendergast [Content note: This story contains discussions of …
Playtika acquires mobile developer SuperPlay
Mobile publisher Playtika has reached a “definitive agreement” to acquire mobile studio SuperPlay in a deal for an initial $700 million. An additional contingent consideration of up to $1.25 billion could be paid out subject to SuperPlay achieving certain financial targets for 2025, 2026, and 2027 Playtika CEO Robert Antokol described the acquisition as a …
Saudi wealth fund considering increased stakes in Japanese game devs
Saudi Arabia’s Public Investment Fund (PIF) may be looking to up its already-established stake in Japanese studios like Nintendo and Koei Tecmo, and begin new investments into others in the region. Per Kyodo News, the fund’s vice chairman Prince Faisal bin Bandar bin Sultan Al-Saud recently acknowledged the “possibility” of these backings, but only with …