TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: Facebook announces cryptocurrency Libra; Fallout Shelter revenue reaches USD$100m (£79.3m); and Spy RPG Alpha Protocol is pulled from Steam. Facebook announces cryptocurrency Libra Facebook has announced its own cryptocurrency termed as Libra, with an accompanying walled named Calibra. Both are expected to be launched in 2020, and will be available through the Messenger and WhatsApp subsidiaries, as well as via a standalone app. The cryptocurrency is expected to be [...]

Game ad tech specialist Synative has moved to make its Playable Studio platform free for devs looking to build playable ‘Try Now’ demos for Google Play. In essence Synative offers in Playable Studio an accessible platform for building playable ads, all without the need to write a single line of code. Using that platform game developers – or their marketing or PR colleagues with little-to-no dev experience – can build demos of their games that exist as a playable ad. Those [...]

TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: global gaming market set to generate USD$152.1bn (£121.3bn) in 2019; Bernie Sanders endorses game industry unionisation; and Twitch acquires social networking platform Bebo. Global gaming market set to generate USD$152.1bn (£121.3bn) in 2019 The global gaming market is set to generate USD$152.1bn (£121.3bn) in revenue through 2019, an increase of 9.6% on last year, according to a study from analytics and market research company Newzoo. The US is also set [...]

TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: PUBG Mobile is now the world’s most popular mobile game, Niantic suing Global++ hacking outfit, buys Sensible Object; and Oculus Quest sells USD$5m (£3.98m) of content in its first five weeks.   PUBG Mobile is now the world’s most popular mobile game PUBG Mobile is now the world’s most popular mobile game, with over 400 million downloads. The title now also generates the highest global revenue in the mobile space, [...]

TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: Epic Games founder praises cross-play; Amazon lays off dozens of game development staff; and 83% of gamers interested in new cloud gaming services. Epic Games founder praises cross-play Epic Games founder and CEO Tim Sweeney has discussed the potential of cross play, consumers playing the same multiplayer game across rival platforms with distinct online ecosystems, and it being a vital component of Fortnite’s major commercial success. Describing how he established [...]

Seattle start-up Against Gravity has raised USD$24m (£18.9m) of VC funding. The money will help bolster Rec Room, the studio’s blend of social space, game compilation and user content generation platform. As reported by TechCrunch, Against Gravity raised the investment over two rounds of funding. The first Series A funding round was led by Sequoia, while Index Ventures spearheaded the second, Series B, which concluded recently. Investors in Against Gravity include Acequia Capital, Anorak Ventures, Betaworks, DAG Ventures, First Round Capital [...]

TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: Epic Games acquires social platform Houseparty; Riot Games in trouble with gender discrimination investigation; and The Esports Global Fund launches. Epic Games acquires social platform Houseparty Houseparty, the face-to-face social network, has been acquired by Fortnite and Unreal Engine creators, Epic Games. Financial terms of the deal have not been disclosed. According to the announcement from Houseparty, the deal will help the social platform connect even more friends, families [...]

TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: Nintendo impresses consumers with dazzling E3 game line-up; Microsoft could set sights on Asia; and Nintendo speaks out against crunch. Nintendo impresses consumers with dazzling E3 game line-up Always closely watched at E3, Nintendo came up with the goods at its press event. With people having already asserted that Nintendo has ‘won’ E3, something every company aims to do each year, the company focused on software for existing hardware, [...]

TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: New Xbox console will offer backwards compatibility; Ubisoft to launch subscription service; and Google Stadia will support publisher-specific subscriptions. New Xbox console to offer backwards compatibility Microsoft announced that all Xbox 360 games will be able to be played on Xbox One; big news, and something Xbox players have been demanding for a long time. Yesterday (10 June) Microsoft released the news on their official ‘Inside Xbox’ video series [...]

With this year’s huge E3 gaming conference hardly underway, Microsoft has revealed that its follow up to the Xbox One console, announcing that the machine is due to launch in 2020. Code-named Project Scarlett, the coming console promises to be ‘four times’ as powerful as Microsoft’s current-generation Xbox One. Console ‘power’, of course, is too complicated to exist on a linear spectrum where all games machines are comparable using a single metric. But thanks in-part to a custom processor, built by Microsoft [...]