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Unity to acquire ‘The Lord of the Rings’ VFX maker Weta Digital for $1.6 billion

Unity to acquire ‘The Lord of the Rings’ VFX maker Weta Digital for $1.6 billion

Unity Software Inc., the maker of the popular Unity game development engine, will be acquiring the tools, technology, pipeline, and some engineering staff from Weta Digital.  Weta Digital was co... Read more

Playtech receives takeover proposal from major investor Gopher

Playtech receives takeover proposal from major investor Gopher

British gambling software firm Playtech is in talks with its second-biggest shareholder over a possible takeover offer. The offer made by Gopher, which holds about a 5.0% stake in Playtech, comes a fe... Read more

Nintendo Switch Production falls by 20% amidst a lingering global chip shortage

Nintendo Switch Production falls by 20% amidst a lingering global chip shortage

Nintendo lowered the production of its popular Switch handheld gaming console by 20% due to the global semiconductor chip and other electronic parts shortage. Nintendo’s Switch console producti... Read more

Google Stadia starts offering free 30-minute trials starting with new exclusive game title

Google Stadia starts offering free 30-minute trials starting with new exclusive game title

Google’s cloud gaming service, Google Stadia, begins offering game-specific 30-minute free trials starting with its new exclusive title, Hello Engineer. Cloud gaming service Google Stadia is co... Read more

E-Sports company FaZe Clan announces SPAC merger, to go public at a valuation of $1 billion

E-Sports company FaZe Clan announces SPAC merger, to go public at a valuation of $1 billion

E-sports company FaZe Clan signs a SPAC merger and goes public on the NASDAQ at a valuation of almost $1 billion. E-sports and entertainment company FaZe Clan announced plans to publicly trade throug... Read more

New 512 GB and 2TB storage expansion cards unveiled for Xbox Series X/S

New 512 GB and 2TB storage expansion cards unveiled for Xbox Series X/S

Microsoft unveils 512GB and 2TB storage expansion cards developed in collaboration with Seagate for the Xbox Series X/S. Microsoft has announced that 512GB and 2TB models of storage expansion cards f... Read more

Sony sells mobile games subsidiary to Scopely for $1 billion

Sony sells mobile games subsidiary to Scopely for $1 billion

Sony Group has agreed to sell its mobile games subsidiary to U. S-based mobile game developer Scopely for about $1 billion. Sony has agreed to sell its mobile gaming subsidiary, GSN Games, to mobile ... Read more


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