Tag: Gaming Industry
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Crytek Postpones Crysis 4, Announces Major Layoffs
Gaming company Crytek recently made the distressing announcement that it has no choice but to lay off an estimated 15% of its employees. This decision, as painful as it is inevitable, will have an impact on around 60 personnel of the 400-strong Crytek family. The company defines this action as an essential part of its…
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Original Nintendo Switch Sales Descend as Switch 2 Approaches
Nintendo recently announced a downward adjustment to its hardware forecast as the sales for its popular gaming console, the Switch, fell short of the projected values. Over the initial nine months of the financial period, the renowned gaming company reported a drop of 31.7% in sales of its dedicated game console products to an estimated…
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June 6 Set for Summer Game Fest 2025 Showcase
The upcoming Summer Game Fest 2025 is set to reel gaming enthusiasts worldwide into an atmosphere electric with excitement. The game industry’s most likely luminous event will commence on June 6, 2:00 pm Pacific Time (5:00 pm Eastern Time) in the significant YouTube Theater based in Los Angeles. The chosen venue serves as a testament…
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Insomniac Games Leader Ted Price Announces Retirement
In an announcement that signals a significant transition in gaming industry leadership, Ted Price, the founder and longstanding president of Insomniac Games, has confirmed his impending retirement. After leading the company for more than three decades, Price will officially retire at the end of March. He leaves behind a legacy of creativity and innovation, with…
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Hollow Knight: Silksong Progresses Amidst Fan Hysteria Over Cake Image
The fervor surrounding the much-awaited sequel to Hollow Knight, Silksong, has undoubtedly caused a buzz in the gaming community. This stemmed from a series of cryptic activities on social media by none other than William Pellen, the co-director of Team Cherry, the masterminds behind the Hollow Knight franchise. These unexplained events ignited a wildfire of…
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Sony Scraps Unrevealed Live Service ‘God of War’ Game
In recent times, Sony Interactive Entertainment (SIE) has been noteworthy for its investment in the development of live service videogames; however, a significant shift has been observed. Just a few years ago, they had a commendable list of these games queued for release, a number that has been gradually dwindling over time. From a robust…
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Amazon Halts Preorders for Metroid Prime 4: Beyond
Devotees of the Metroid series have been chomping at the bit for nearly two decades, eagerly awaiting the arrival of Metroid Prime 4: Beyond. After an official announcement of the sequel in June 2017, preorders were made available on Amazon. Despite the game’s protracted development timeline, the preorders have remained in effect. However, a surprising…
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US Mounts Sanctions on Tencent Over Assumed Military Connections
Within the arena of the gaming industry, Tencent has continued to establish itself as a prominent player whose influence can be seen worldwide. This status is, in no small part, due to Tencent owning Riot Games, which is recognized globally as the creator of the popular online game “League of Legends”. Tencent’s influence is not…
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Nihon Falcom’s Founder Masayuki Kato Passes Away
The gaming world mourns the passing of Japanese video game industry legend, Masayuki Kato, the founder of Nihon Falcom. He passed away at the age of 78 on December 15, 2024. Nihon Falcom shared this news without releasing any details pertaining to the cause of the death, respecting the wishes of Masayuki Kato’s family to…
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Giant Expansion for Palworld Coming this December
In the recent years, Studio Pocketpair has startled critics and fans alike with its innovative and exciting survival game, Palworld. This game effortlessly harnesses the exciting realm of monster-infused gameplay to create a unique offering in the gaming world that has been nothing short of remarkable. The studio’s continued commitment towards the progression of its…
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Sony Eyes FromSoftware’s Parent Firm Kadokawa Group
Sony, the renowned PlayStation creator, has recently unveiled its intentions to acquire Kadokawa, the parent company of FromSoftware, in an exclusive exchange with Yahoo Japan. This disclosure could signal a turning point for devotees of gaming and anime alike. However, as the transaction is yet to be settled, it is recommended to keep the hype…