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3.6 billion people will use cloud-based services by 2018, suggests report
A new report from Juniper Research suggests that more than 3.6 billion unique people will utilize cloud-based services by 2018, with video games helping to drive consumer demand.
May 13, 2014
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Sony execs taking 50% pay cut as big losses loom - report
With Sony on the cusp of revealing large-scale losses for the fiscal year, a report from the WSJ suggests that Sony's execs will take a 50% pay cut as the company pushes games as one of its main pillars.
May 13, 2014
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Nexon's free-to-play success in Korea keeps earnings afloat
Free-to-play game giant Nexon saw slightly increased revenues and profits during the first quarter of this fiscal year, exceeding the company's original forecasts, thanks in part to favorable exchange rates.
May 13, 2014
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Australia cancels federal funding program for game development
The Australian government plans to shut down the Australian Interactive Games Fund early, reneging on its pledge to bolster Australia's game industry by pouring $20 million into the sector.
May 13, 2014
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Take Two reports record revenue on back of Grand Theft Auto V
Today, Take Two Interactive -- the parent company of Rockstar and 2K -- announced record revenue and 94 percent revenue growth year-on-year in its full-year results for fiscal 2014.
May 13, 2014
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Get a job: Petroglyph is hiring a Visual Effects Arist
The developer of the upcoming RTS Grey Goo is looking to bring on a seasoned visual effects artist to work with the rest of the Petroglyph Games team in Las Vegas, Nevada.
May 13, 2014
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EA bigwigs sell off their company stock while it's hot
EA executives sold off large quantities of their company stock last week, right as the company's stock value hit a reported six-year high in the wake of a positive quarterly financial report.
May 12, 2014
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Dark Souls II helps Namco Bandai's game business stay healthy
Although Namco Bandai's profits took a tumble during the last fiscal year, the company's video game business was, in fact, the only sector that saw a rise in earnings.
May 8, 2014
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Former Angry Birds creators secure $3.6M in funding
Whatever Finnish studio Boomlagoon is currently working on has clearly excited investors, as the company announced today that it has secured an additional $3.6 million in funding.
May 6, 2014
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EA's packaged game sales continue to slump as digital revenue rises
UPDATE Profits and revenue from mobile and digital games seem to be on the rise at Electronic Arts as revenue from packaged good sales continues to slump.
May 6, 2014
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Top three Chinese telecoms team up to tackle mobile publishing
China's three state-run mobile carriers have agreed to jointly publish up to one hundred mobile games by the end of 2015 in a bid to become more involved in the country's booming mobile game market.
May 6, 2014
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Harmonix turns to Kickstarter to fund a new Amplitude
The folks at Harmonix have launched a Kickstarter campaign for Amplitude, a successor to their 2003 PlayStation 2 game...Amplitude.
May 5, 2014