Tag: Industry News

Nintendo – Game giant forms alliance with DeNA to develop mobile...

After years of resistance in launching full-fledged mobile games on the reason that the move will hurt its hardware sales, Nintendo has formed...

Project HON – NCsoft staff caught for embezzling development funds

According to various reports in South Korea, three employees from the development team of NCsoft's Project HON were removed after being caught embezzling development...

Fortune – Riot and Blizzard debuts on top companies to work...

According to a new article by Fortune, the globally recognized business magazine, Riot Games and Activision Blizzard made their debuts in the "100 Best...

Smilegate – CrossFire developer takes No.2 spot in 2014 gaming revenue

According to reports from the Korean media, Smilegate has taken over NCsoft in the No.2 spot for gaming revenue for the year 2014. Much...

Tencent – Thousands queue to get red packet from company founder

After the week-long Lunar New Year (or Spring Festival) break, Chinese bosses usually give their employees a red packet to signal the starting of work....

NCsoft – Game developer invests in drone maker and finance technology

Recently, it was announced that NCsoft has started diversifying away from its core gaming business. First, it has invested 1.6 billion Korean Won (around...

NCsoft – Developer teams up with Netmarble to prevent Nexon takeover

NCsoft, facing a possible hostile takeover by Nexon, bought a 9.8% stake in the unlisted Netmarble, worth 380.3 billion Korean Won (USD 345 million)...

Daybreak Game Company – Senior figure departs in round of layoffs

Just a week after Sony Online Entertainment was bought over by Columbus Nova and renamed as Daybreak Game Company, the first wave of layoffs was...

NCsoft – Korean developer announces record revenue for the year of...

NCsoft, currently embroiled in a massive "civil war" with its biggest shareholder, Nexon, today announced its financial report for the fourth quarter of 2014...

GAMEVIL – Two mobile games based on Korean MMOs announced

GAMEVIL has signed with game developers DRAGONFLY and Ginno Games to publish two of their PC games on mobile devices. GAMEVIL and DRAGONFLY are...