Archive for the ‘Industry’ Category
GAME Australia goes into Administration
Following suit from its European cousin, GAME Australia has entered administration. While stores will remain open for the time being, all pre-orders have been cancelled and it has been announced that due to shipping issues, the chain would not be ...
Zynga Revenue is up, but Overall loss is $85 Million
Facebook game developer Zynga has posted its Q1 earnings report, stating that earnings are up to an impressive $321 million, though overall the company suffered a loss just shy of 85.35 million. Other information released by the report revealed that ...
Skype for Xbox Recruiting
A newly appeared job advert is suggesting further integration of Skype with Microsoft’s Xbox console. This isn’t wholy surprising since Microsoft is the company that bought out the VOIP provider last year for just over £5 billion. “We’re building the ...
GameStop Settles Class Action Used Game Suit
GameStop has settled in a class action suit brought by consumers for misleading used game sales. According to James Collins, the initial bringer of the legal action, GameStop failed to give notice of online passes and how much DLC would ...
GAME Secures Witcher 2 stock
GAME is bouncing back from its near shutdown miss, getting itself some stock of Witcher 2 in an effort to draw in some new game purchases. Other updates for the still somewhat troubled retailer include the fact that reward cards ...
No more GAME store Closures – Confirmed
Now that it’s been confirmed that Comet owner OpCapita has together with Baker Acquisitions bought up the remaining UK branches of GAME, the new owners have made it clear that no more stores will be closing, all remaining jobs are ...
GAME could be out of Administration Tomorrow
A new rumour has appeared in the GAME administration saga that suggests tomorrow, 30th March, could see the troubled retailer exit administration thanks to a buyout from a collective of banks led by Royal Bank of Scotland. While several other ...
Angry Birds Developer buys Futuremark game Studio
Rovio, the developer behind the hit casual avian catapult game ‘Angry Birds’ has bought the game development arm of 3D Benchmark firm Futuremark. “They are an incredibly talented and experienced team, and we are thrilled to have them on board,” ...
RBS in alternative GAME takeover bid
While GAME is currently going through administration, a new collective of lenders led by Royal Bank of Scotland is set to make an offer that could see some of the store’s 600 UK stores saved from closure. While GameStop has ...
Game Suspended from Stock Exchange
Troubled high street retailer GAME has suspended itself from the stock exchange – at its own request – because the board of directors feels unable to ascertain the company’s financial position and that there is little “equity value left in ...
