European technology funding April
Funding Circle, a UK-based online marketplace where individuals lend directly to small businesses raised $16m of Series B financing from joint investors Index Ventures and US-based Union Square Ventures. This brings the total amount raised by the compa...
Angry Birds maker heads into space
This week’s launch of Angry Birds Space has propelled the mobile game’s Finnish developer, Rovio, into the stratosphere, instantly topping app store download charts around the world.
But whereas the original Angry Birds was a viral hit, notching u...
Minecraft makers Mojang notch up $80m revenues
Although Angry Birds, by Rovio of Finland, is the best-known videogame to come out of Scandinavia, it has a close rival in Sweden’s Minecraft - a game Sean Parker loved so much he flew all its developers to London for a party.
Zynga bets $200m that Draw Something will become its next big franchise
Is Zynga hopelessly exposed to the hit-driven nature of the games business, or do its scale and business model give it a sustainable competitive edge?
Depending on your point of view, its acquisition on Wednesday of OMGPOP, maker of the red-hot game Dr...
Call of Duty takes big January hit
For anyone seeking holes in Activision’s seemingly bulletproof Call of Duty franchise, there was a chink in the armour exposed in NPD US January sales figures released late on Thursday. Sales fell nearly 50 per cent year-on-year for the world’s &he...
The force is with digital, mobile games
Two trends clear in Facebook’s IPO filing on Wednesday were the inexorable rise in importance of digital-based gaming revenues and the growth in mobile – we learned Zynga was a key revenue-generator for Facebook and half of Facebook’s members...
Wii needs U as sales plummet
Nintendo was demonstrating its forthcoming Wii U next-generation console and Sony its PlayStation Vita handheld at CES in Vegas this week and they cannot come soon enough for the video game industry. Cowen and Company analysts, mulling December’s NPD...
