Tag: Industry News

Valve – Gaming giant sues developer of Legend of DOTA mobile...

According to reports, Valve Corporation, the IP owner of DOTA 2, has sued Chinese developer Lilith Games and publisher Longtu Game through a court in...

Nintendo – Five mobile games to be released by March 2017

If you did not know, Nintendo recently signed a deal with mobile games studio, DeNa, to develop and publish mobile games based on Nintendo's...

Heroes of Newerth – Garena acquires MOBA development team

Garena, the number one eSports platform and MOBA publisher in Southeast Asia, has acquired the entire Heroes of Newerth development team and established...

SEGA – Studio donating revenues to aid Nepal earthquake recovery

SEGA recently announced that it will donate all the revenue from a collection of in-game purchases to recovery efforts stemming from the recent earthquake...

Riot Games – Preview photos of new campus headquarters in Los...

A couple of years back, Riot Games announced that the headquarters in Santa Monica, North America will be moving to a new and much...

Tencent – China giant tops ranking list for 2014 global game...

According to the latest report from research firm Newzoo, Tencent is once again at the top of the global game revenues ranking list for...

gumi – Embezzlement case in South Korea confirmed by mobile studio

First announced back in March, an internal investigation was carried out to confirm the findings of a possible embezzlement. gumi has since released an...

Nexon – Gaming giant purchases studio behind Darkness Reborn

Nexon Corporation, currently trading in the Tokyo Stock Exchange (3659.TO), just announced that its subsidiary, Nexon Korea, has entered into a definitive agreement to acquire all...

NCsoft – CEO extends office term for three years as Nexon...

A few days back, NCsoft held a shareholder meeting, and founder Kim Taek-jin's term as CEO was extended for another three years. Nexon, NCsoft's largest shareholder, had Executive...

gumi – Brave Frontier publisher to lay off around 100 employees

Just around four months after an IPO which raised hundreds and millions of dollars, mobile games studio gumi has taken a dramatic turn in fortunes. The...