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Pocket Worlds closes $7m funding round
The series A investment will go towards growing its portfolio of social mobile games
Financials (Page 26)
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AppOnboard raises $20m for Buildbox engine
The company's no-code game engine recently reached one million users, up from 3,000 last year
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Sega Sammy splits video games and pachinko machines into separate companies
New structure follows a year in which COVID-19 severely disrupted Sega Sammy's operations
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Nintendo Switch sales overtake 3DS as Nintendo raises forecasts again
79.87 million consoles sold worldwide so far
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CD Projekt's stock soars after Elon Musk tweets about Cyberpunk
The company's stock rose 19%, its highest increase since June 2015
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Robinhood denies automatically selling users' GameStop shares
But several individual sellers report their positions were closed at lower prices
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Robinhood blocking purchase of GameStop stock
Update: Commission-free app that helped drive meteoric rise denies acting on behest of hedge funds, will allow "limited" purchasing tomorrow
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Digital drives Capcom sales to $622m
Digital sales at the Japanese firm reached $332.7 million, boosted by Resident Evil 3 and Monster Hunter World: Iceborne
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Hedge fund Melvin Capital pulls out of GameStop trading
US investment firm suffers huge loss but says bankruptcy speculation is false
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Discord bans WallStreetBets for hateful conduct amid GameStop stock surge
Meanwhile, group's subreddit temporarily goes private as moderators become overwhelmed by activity
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GameStop stock up 135% in 24 hours, Biden administration "monitoring the situation"
Rollercoaster trading sets new record high of $380 following after-hours boost
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GameStop shares continue to soar following Elon Musk tweet
The US retailer's share price has approximately quadrupled in the past week
Feature
Xbox Series X|S launches help push Microsoft gaming revenue up 51%
Update: Next-gen console debut was "most successful in our history" as games revenues passed $5 billion for the first time
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MegaDev secures $1.9m for PC cheat platform Plitch
Company's subscription-based software enables PC gamers to customise their single-player titles with cheat codes
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Hyrule Warriors drives record Q3 for Koei Tecmo
Age of Calamity is now the best-selling entry in the franchise
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GameStop stock soars, craters, closes up
UPDATE: Rollercoaster day of trading sees retailer more than double share price, give it all back, rebound to close up 18%
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Games projects raised $23m on Kickstarter in 2020
A total of 408 crowdfunding campaigns met their goals, the highest number for video games since 2014
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Imvu receives $35m investment
The round was led by NetEase, while the company rebranded as Together Labs
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Jagex sold to Carlyle Group
UPDATE: US buyout fund confirms it has taken over RuneScape developer
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Azerion fully acquires Habbo Hotel developer Sulake
Pan-European gaming and adtech firm buys remaining 49% having held a controlling stake since 2018
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GameStop share price reaches record high amid Reddit-driven short squeeze
Stock peaked at $76.76 a share in an almost 80% single-day spike
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Huuuge ambitions: How a $300m IPO will make the Polish mobile studio last forever
CEO and founder Anton Gauffin details his plans to "build and buy" his way to success in the market
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Codemasters directors to vote in favour of EA bid
If shareholders approve the deal, it will be sanctioned on February 16
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Tencent made record number of games M&A deals in 2020
Chinese giant invested in 31 companies, three times more than the year before