Game industry business news

Square Enix’s cloud gaming arm Shinra Technologies closes

The prospect of cloud gaming has been dealt another blow. Square Enix opened its cloud-focused division Shinra Technologies – named after the eponymous company in Final Fantasy VII – back in September 2014, with former Square president Yoichi Wada taking the reins. Among the firm’s aims was the creation of …

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Global VR market to reach £3.5bn in sales in 2016 – report

Virtual reality is almost upon us now, and research firm SuperData reckons that the market for the new tech will reach $5.1bn (3.5bn) by the end of the year. That’s according to the company’s ‘Virtual Reality Market Brief‘, which also predicts that the install base of VR in 2016 would …

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Can Activision Blizzard create the ESPN of eSports? Gamers are skeptical

Major League Gaming, a professional eSports organization,announced on Mondaythat it was acquired by video game publisher Activision Blizzard for a reported $46m, bringing MLG’s assets and infrastructure under Activision Blizzard’s Media Network. This is the latest event in a timeline that begins on 21 October, when the publisher announced it …

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HTC Vive’s ‘big technology breakthrough’ in an integrated front-facing camera

The addition of a camera system has been revealed as the technological ‘breakthrough’ that has held up the launch of the HTC Vive virtual reality headset. HTC revealed just before Christmas that the Vive would miss its 2015 launch date due to what was described as a very big technological …

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Free Oculus Rift for early dev kit Kickstarter backers

The earliest and keenest supporters of the Oculus Rift virtual reality headset have just had some very good news. The company has confirmed that those who backed the Oculus Rift during its Kickstarter campaign at a high enough tier to get a development kit – some 6,955 people – will …

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Guillermo del Toro to present Kojima with DICE Hall of Fame Award

There’s not a lawyer in the world that can stop Hideo Kojima from accepting his next award in person. It has been confirmed that the Metal Gear Solid creator will become the 21st member of the DICE Hall of Fame at the 19th DICE Awards on February 19th. Furthermore, film …

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200m installs and counting for Windows 10

The growth of Windows 10 continues with the operating system now installed on more than 200m devices. The milestone was revealed by astatement from Yusuf Mehdi, corporate VP for Microsoft’s Windows and Devices group, in which he stated that more than 40 per cent of new Windows 10 devices become …

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PS4 sales hit 35.9 million units

Sony has announced that cumulative sell through” of the PS4 has, as of January 3rd, reached 35.9m units. That follows unit sales of 5.7m units worldwide during the 2015 holiday season” which, presumably, represents the period from November 22nd to January 3rd. Worldwide digital and retail software sales have now …

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PC Rise of the Tomb Raider confirmed for January release

Microsoft has announced that the PC edition of Rise of the Tomb Raider will be hitting Steam and Windows 10 at the end of January. The action adventure title will be coming out on January 28th, according to the publisher. This is in line with what was leaked from Amazon …

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