Game industry business news

THQ has confirmed that it will now not be publishing SimBin’s upcoming Xbox 360 title GTR Racing, consumer games portal CVG is reporting. GTR, a hardcore racing title, has already enjoyed much success on PC, and THQ was due to publish the Xbox 360 version this Spring. "THQ and SimBin …

Microsoft is to acquire ScreenTonic, the French mobile advertising specialist, in a move that signals a major acceleration of the Seattle giant’s mobile ambitions. The move for Screentonic is another landmark deal in a frantic period that has seen a mad scramble for position in digital advertising. Observers have been …