Page 39 - Gaming

Online gaming firms are building sophisticated fraud detection mechanisms

By 2023, the Indian online gaming sector is expected to reach a value of $2 billion in terms of fees earned, up from $543 million in 2016

Sports tech firm Dream Sports posts Rs 181 crore profit in FY20

Mumbai-based firm reported its revenues for the financial year 2019-20 as Rs 2,130 crore, a 166 per cent jump since last financial year

China tech stocks slide as regulators ramp up pressure on gaming

The Hang Seng Tech Index tumbled 4.5% as of 3:51 p.m. local time, with Tencent Holdings Ltd. dropping by almost twice that amount in its worst day in five weeks.

China will suspend approvals for new online games, says report

Tencent and Netease led a selloff of Chinese stocks in Hong Kong after the Xinhua news service reported that officials had invited gaming firms to meeting to discuss further oversight of industry

China slashes kids' online gaming time to just three hours a week

The escalating restrictions on Tencent's biggest business are likely to spook investors that had cautiously returned to Chinese stocks in recent days

SuperGaming raises $5.5 million in funding from Skycatcher, AET fund

Game development company SuperGaming on Thursday said it has raised USD 5.5 million (about Rs 40.8 crore) in funding from Skycatcher, AET Fund (the venture arm of Akatsuki) and others.

Netgear launches Nighthawk XR1000 Pro gaming router at Rs 31,999 in India

Leading Wi-Fi solutions provider Netgear on Tuesday launched a new gaming router 'Nighthawk XR1000 Pro Gaming Wi-Fi 6' in the Indian market at a price point of Rs 31,999.

49% women started mobile gaming during Covid-19 pandemic: InMobi report

53 mins/day average time spent by Indian women on gaming apps

Breathing new life into boring video conferences with gaming features

UK-based Cosmos' virtual office layout comes with meeting rooms, lounge areas, gaming zones or recreation zones and allows the user to move virtually as he would in the real world

Google aimed to buy Epic Games during Fortnite tussle: Report

Google allegedly offered a "special deal" to launch Fortnite back on Android Store

China's Tencent limits gaming for minors after media outcry

Tencent's pledge to curb gaming for minors came hours after the company's stock plunged as much as 11% following a critique

LG Innovating the Gaming World - Creating an Enhanced Virtual Experience

The gaming industry has not been short of historical changes and important developments.

SoftBank-backed Unacademy acquires game streaming platform Rheo TV

Unacademy will fully acquire Rheo TV and enable exit of all existing investors; deal value not disclosed

Facebook Cloud gaming service arrives on Apple devices with web app

Facebook has launched its Cloud gaming service on iPhones and iPads through a web app

Netflix confirms gaming foray as Disney chips away its dominance

It has hired a gaming executive, Mike Verdu, formerly of Electronic Arts and Facebook, to oversee its development of new games

Swedish gaming giant MTG buys Indian games developer PlaySimple for $360 mn

Acquires 100% in cash-and-equity deal that will significantly strengthen the company's position in casual games' genre and enable access to fast-growing word games genre

Microsoft admits to signing rootkit malware in supply-chain fiasco

Tech giant Microsoft has now confirmed signing a malicious driver being distributed within gaming environments

Prime members to get access to Amazon's game streaming service Luna

American multinational technology company Amazon will be opening up access to Luna, its game streaming service, for all Amazon Prime members on June 21 and 22 (Amazon Prime Day).According to The Verge, previously, for a test out of Luna, users had to request access or sign up from supported Fire TV devices. But now, for a limited time, mainland US Prime subscribers will be able to start a seven-day trial of Luna right away.Luna is currently available on Windows PC, Mac, Fire TV, and via the web on iPhone, iPad, and select Android phones. Its regular pricing is USD 5.99 a month for access to games including 'Control', 'GRID', and 'Metro Exodus'.Once a user has access to a Luna account, they can pay USD 14.99 a month for the Ubisoft Plus beta channel. As per The Verge, this grants access to a big range of Ubisoft games, including the latest titles from the 'Assassin's Creed', 'FarCry', and 'Watch Dogs' franchises.

GameStop set to report earnings results as shares reach for peak

The company on April 5 said its global sales rose 11% in the first nine weeks of its fiscal year.

Adman turned investor Sajan Raj Kurup backs gaming firm Revenant Esports

The aim is to help Revenant Esports become a Rs 200 crore brand in the next 18 months