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

Rockstar has announced that the upcoming Xbox 360-exclusive downloadable content for Grand Theft Auto IV, named The Lost and the Damned, will cost 1600 Microsoft points when it’s released on February 17th, Eurogamer reports. That equates to around 13.50 in real money, though can work out cheaper depending on where …

Leading software developer and Xbox 360 platform holder Microsoft has confirmed the speculation that it is to slash 5,000 members of its global workforce following an 11 per cent year-on-year decline in net profit. For the three months ending December 31st the firm reported a net profit of $4.17bn. Shares …

Finnish mobile phone company Nokia has announced that 1,000 people are to lose their jobs following a drop in net income of 69 per cent to €576m for the quarter ending December 31st – the firm’s worst Q4 results since 2001. Revenue fell 20 per cent to €12.7bn, whilst sales …

The UK High Street is battling to prevent a nationwide games stock shortage – as credit insurers cut cover against the industry’s biggest retailers. MCV understands that credit insurers including Atradius, Coface and Euler Hermes have slashed cover on stock sold in to some retailers – including Toys R Us, …

Ambient tech goes public for the first time

Sportâ??s Interactive would â??loveâ?? to port soccer MMO to mobile

As part of Developâ??s look at London-based developers, we spoke to Miles Jacobson, the man behind the hugely successful Football Manager series, which has just received an MMO overhaul.

The sad news of Steve Jobs’ departure has been quickly forgotten at Apple as the leading lifestyle technology company reported record results for the three months ending December 2008. Apple sold 7.3bn worth of products in the period, making 1.1bn of profit in the process – both results were all-time …

Internet auction giant eBay has revealed that revenues for Q4 2008 were down seven per cent on the same period in 2007, reaching $2.04bn – far lower than analysts had predicted. Worse still, revenue for Q4 was down a hefty 31 per cent on the quarter before. We’ve been operating …

PC World and Currys parent DSGi has launched a trial store combining both brands. The site, based in Surry, is understood to be 15,000 square foot and contains a product mix incorporating both retailer’s portfolios. This is in line with a general revamp across all brands MCV’s sister site PC …