Category:  Business

By Abir Chowdhury, July 31, 2014 0 Announcement, Business, Xbox One

Microsoft and Chinese media company BesTV have announced that the Xbox One is scheduled to release in China on September 23, and that it will retail for at least ¥3,699 RMB (approximately US$599). Retail and digital titles will be priced… Read More »

By Abir Chowdhury, July 27, 2014 0 Business, Law, News

A Crytek representative issued a statement to GamesIndustry International late last week acknowledging the financial troubles facing the German developer and its UK studio. “Like the games industry as a whole, Crytek has been in a transitional phase,” the representative… Read More »

By Abir Chowdhury, July 25, 2014 0 Business, Rumour

Sources “familiar with the matter” have reportedly told VentureBeat that Google has officially signed a deal to acquire Twitch for approximately US$1 billion. This appears to be a finalisation of a deal that was first reported earlier this year, with… Read More »

By Abir Chowdhury, July 23, 2014 0 Business, Xbox 360, Xbox One

Microsoft has announced that it shipped a combined total of 1.1 million Xbox 360 and Xbox One consoles during the final quarter (April to June) of its 2014 financial year. The fact that the company has opted not to identify… Read More »

By Abir Chowdhury, July 21, 2014 0 Business, Law, Mobile

Google has agreed to follow a European Commission coordinated enforcement action, and stop billing games with in-app purchases (i.e. the majority of free-to-play titles) as ‘free’ applications by September 2014. In addition to this, the software giant will introduce guidelines… Read More »