TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Microsoft reveals Xbox Series S; PUBG Corp. axes Tencent India publishing contract; and WinZo raises USD$18m (£14m). Microsoft reveals Xbox Series S Microsoft has officially unveiled its next-generation Xbox Series S console in an announcement on Twitter, following an earlier leak published on Thurrot. As has been rumoured, the new device is positioned as a more affordable alternative to the Xbox Series X, at the trade-off of lower [...]

The Gaming Economy daily digest brings you the leading news from the gaming industry. In today’s edition: Epic files a motion to prevent Apple from launching countermeasures during the pair’s ongoing court case; criticism of Apple becomes more apparent in Japan; and India’s decision to ban PUBG sees Tencent’s market value tumble.   Epic appeals to court to stop Apple retaliating over Fortnite case   Epic Games has filed a motion requesting that the courts intervene to bring its popular Fortnite title back to [...]

The Gaming Economy daily digest brings you the leading news from the gaming industry. In today’s edition: mobile marketing firm Consumer Acquisition warns that impending changes to Apple’s IDFA could usher in substantial job losses; e-sports platform Skillz prepares to go public; and Kaizen Gaming appoints Ioannis Koutrakos as its new marketing director.   Job losses could follow Apples’ change to IDFA, warns Consumer Acquisition   Analysis of the impending changes to Apple’s Identifier for Advertisers (IDFA) by mobile marketing firm Consumer Acquisition has [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Dutch indie games studio Vlambeer shuts down after running for a decade; Big Fish Games lets go of 250 employees as part of a company restructure; and a Kickstarter campaign to fund Eiyuden Chronicle exceeds its initial target.   Vlambeer calls it quits after 10 years Dutch independent game studio Vlambeer has announced that it is closing down a decade after first opening its doors. Founded by Rami Ismail [...]

In this newly-launched series, TheGamingEconomy takes an in-depth look at a sample of the 300 companies added to the TGE Index over the last month. In this edition: video games investment vehicle Transcend Fund; African mobile developer-publisher Carry1st; and esports training platform Barracks. Transcend Fund Transcend Fund is a San Francisco-based venture capital firm focused on early-stage investments in video game companies. The vehicle emerged from stealth in April this year with the announcement that it had raised USD$50m (£38m) to invest [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: IGN parent firm Ziff Davis partners with Tencent to relaunch IGN China; Apple blocks Epic Games from submitting updates to the App Store; and Potato Play raises $1.75m in seed funding.   Ziff Davis and Tencent Partner in IGN China relaunch   Parent-company of IGN, Ziff Davis, has joined forces with Chinese technology heavyweight Tencent to relaunch IGN China. The new version of the company’s flagship site, which went live [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: BITKRAFT closes USD$165m (£125m) gaming fund; EG7 to acquire Big Blue Bubble; and MAG Interactive acquires Sventertainment. BITKRAFT closes USD$165m (£125m) gaming fund BITKRAFT Ventures has announced the close of its BITKRAFT Ventures Fund I at USD$165m (£125m), above the targeted USD$125m (£94.7m). The fund is supported by a host of investors including Adidas, WPP, Declaration Partners, JS Capital, and Logitech. BITKRAFT has been prolific in its financial [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Gamezop raises USD$4.3m (£3.3m); Voodoo opens two APAC offices; and Keywords Studios acquires Maverick Media. Gamezop raises USD$4.3m (£3.3m) Install-less hyper-casual gaming platform Gamezop has raised USD$4.3m (£3.3m) in a Series A funding round led by BITKRAFT Ventures and supported by FJ Labs, Survam Partners, and Velo Partners. The Gamezop platform is used to integrate HTML5 titles in apps such as India Today, Firefox, Xiaomi Pay, in return [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Challengermode raises USD$12m (£9.1m); Frogwares in legal dispute with Nacon; and Colossi Games secures USD$650,000 (£495,360). Challengermode raises USD$12m (£9.1m) Esports tournament creation and listings platform Challengermode has raised USD$12m in a funding round led by Alibaba Group’s eWTP Innovation Fund, with support from GP Bullhound, Back in Black Capital, and Telia Ventures. The investment will be used by the Stockholm-based firm to expand into North America, develop [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Unity files for IPO; US court partially upholds Epic injunction against Apple; and Nintendo rumoured to launch new Switch console in 2021. Unity files for IPO Video game technology firm Unity has filed its S-1 statement ahead of its proposed initial public offering (IPO) on the New York Stock Exchange, under the stock ticker “U”. Funds raised from the IPO will purportedly be used for general corporate purposes, [...]