MCV/DEVELOP News, events, research and jobs from the games industry

Leading retail chains have pulled support for Habbo’s prepaid cards amidst allegations against the kids’ social network. Both Tesco and WH Smith have confirmed they will no longer stock the cards, according to Channel 4 news. The cards are used to buy furniture for the site’s online rooms. The move …

Zynga has seen its shares fall 10 per cent following a damning analyst report. Doug Kreutz of Cowen and Co said Facebook games were ‘in an accelerating user tail spin’. NASDAQ stock exchange has temporarily stopped short selling of stock. The CityVille developer closed today’s trading at $4.98, down from …

Microsoft has added a new entertainment app to its Xbox Live service, this time as part of a partnership with Paramount Pictures. The new app will give Xbox 360 owners quicker access to Paramount movies. Films can be either rented or purchased in standard or high-definition and then streamed to …

Sony execs have taken pay cuts and returned their annual bonuses following four years of losses. The PlayStation parent has also asked shareholders to appoint a new Board of directors, which will include Hirai. Hirai only became CEO of Sony in April following years in charge of the PlayStation business. …

Eight unsigned projects go head-to-head for best project award

Nasdaq halts short-selling

Failed tablet 'won't be buried in the desert'

'If more of these interesting characters were trusted, maybe we wouldn't have so many sequels' claims Peter Molyneux

But top-end titles 'may move to new platforms such as TV after the next generation of consoles'

'People have so much more choice on mobile platforms and Facebook today', says Livingstone