Publishing

Virtual reality startup Oculus has attracted Series A funding of $16m to back the headline-grabbing Oculus Rift. The fund-raising endeavour was led by Spark Capital and Matrix Partners. Santo Politi and Antonio Rodriguez, execs at the respective firms, have now also joined the Oculus board of directors. The company says …

Xbox boss Don Mattrick has argued that, even at 429, the Xbox One is over-delivering value”. "It’s a lower number than some of the analysts had forecasted," Mattrick told Bloomberg TV (as spotted by Joystiq) of the machine’s RRP. "We’re over-delivering value against other choices, I think, consumers can get. …

Square Enix has laid off almost half of the employees at IO Interactive as part of significant changes” at the studio. In a statement passed on toMCV, a spokesperson for the studio said the Denmark-based company was moving toward a sole focus on the Hitman franchise, and as a result …

Tech features mixing capabilities and built-in DSP effects

Sony’s brave experiment that is Wonderbook is to receive two new games in the coming year, including a new Harry Potter entry. E3 saw the announcement of both Wonderbook: Book of Potions and Wonderbook: Walking With Dinosaurs. The former is a fully Pottermore licensed product developed in conjunction with Harry …

Xbox One games will not cost more than Xbox 360 titles. That’s the pledge from Microsoft, with a rep telling Polygon that "I can confirm that Microsoft Studios games on Xbox One will be $59.99”. Which seems pretty definitive. For once it seems to be Sony that is being less …

Interactive entertainment research firm DFC has delivered a scathing verdict of Xbox One’s market chances in the wake of last weeks’ incredible events at E3. In fact, it even goes as far as to question whether the scope of Xbox One’s PR failure to date could jeopardise Microsoft’s entire games …

E3 may be over but Sony will do all it can to ride on the wave of goodwill that it generated in LA for as long as possible. Speaking to Yahoo, SCE chief exec Andrew House and made further statements about the company’s appreciation of the public backlash to Microsoft’s …

Develop investigates the reality of the games industry in the German capital

Some might say that losing your game collection for being racist and homophobic on Xbox Live is actually a good thing. However, the truth remains that racists and homophobes have big spending power (or at least their parents do) so Microsoft has moved to calm them by quelling fears that …