Tencent profits exceed $1bn in Q1

Tencent raked in nearly $3 billion in revenue during the first three months of 2014. The China firm made an operating profit of $1.2 billion, an increase of 64 per cent on the previous quarter, and 54 per cent year-on-year. Its online game revenues increased 23 per cent from the …

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Microsoft and Rare are ‘evaluating what to do next’

Will the upcoming un-bundling of Kinect have any negative ramifications for Microsoft’s Rare studio? That was the question put to Xbox boss Phil Spencer by OXM, although the exec of course stressed the ongoing importance of the Kinect Sports, Viva Pinata, Perfect Dark, Conker’s Bad Fur Day, Donkey Kong Country, …

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PS4 outsells Xbox One for fourth successive month in US

Sony’s early dominance of the next-gen hardware race in the US shows no sign of abating. NPD has revealed that PS4 outsold Xbox One in April – that’s the fourth month in a row that Microsoft’s had to settle for second place. PS4’s actual monthly sales weren’t revealed, although Microsoft …

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Far Cry 3 surpasses 9m copies sold

Ubisoft’s multi-platform sequel Far Cry 3 has sold more than 9m units, the publisher has announced. The game had sold 6m copies as of May 2013, meaning its gone on to sell 3m copies in the past 12 months. "Far Cry 3 has now sold 9 million units since its …

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The Division release delayed to 2015

Tom Clancy’s The Division has been pushed back to 2015, Ubisoft has revealed. The news arrives on the heels of Ubisoft’s full-year financial report. The title was originally unveiled at E3 2013 as a third-person shooter developed in the new Snowdrip engine for PC, PS4 and Xbox One. "Working on …

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Assassin’s Creed IV ships 11m units

Ubisoft has announced Assassin’s Creed IV: Black Flag has shipped 11m copies to date. The figure was produced within the company’s full-year earnings report for the period ending on Marcy 31st, 2014. "We are extremely pleased that Assassin’s Creed has become the fourth-biggest franchise in the industry," Ubisoft CEO Yves …

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