Nintendo Closes Taiwan Office

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APRIL 22, 2014 • After 23 years in operation Nintendo is closing down its Taiwan branch on May 31. Most employees of Nintendo Phuten Co., Ltd. in Taipei will exit the office by the end of April, however. Responsibility for the Taiwan market will be assumed by Nintendo's Hong Kong branch. Nintendo says there will ...Continue Reading

Yodo1 Opens Up China

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APRIL 22, 2014 • With 3G and 4G mobile networks spreading coverage throughout China it is no surprise that smartphone penetration is growing significantly with a corresponding demand for mobile game content. That is a very tempting scenario for Western mobile game studios looking to expand revenue. Yet China is a very different market.  There ...Continue Reading

PS4 Passes 7M

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APRIL 17, 2014 • The PlayStation 4 reached a new milestone at the end of March reaching 72 countries worldwide and selling more than 7 million units. Sony Computer Entertainment also noted that 20.5 million games had been sold between retail and digital sources. The console's main competitor the Xbox One has distributed 5 million ...Continue Reading

Appota to Go Global

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APRIL 15, 2014 • Vietnam's Appota Corp, the mobile content platform that launched during 2011, has sealed an undisclosed amount of Series B funding to increase its R&D to support off-shore expansion. Two funders, one in Singapore and one in Japan, provided the capital. Appota has already opened branch offices in Indonesia and Singapore after ...Continue Reading

CCP Cancels Vampire MMO

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APRIL 14, 2014 • When CCP Games acquired Atlanta-based White Wolf Publishing late in 2006 an MMO based on the Vampire: The Masquerade RPG series was already in the planning stages. Although production on World of Darkness was intended to start in the 2008-2009 timeframe, the title never exited pre-production and has now been officially ...Continue Reading

Facebook Tops 100M in India

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APRIL 9, 2014 • On March 31 Facebook Inc. reached 100 million active users in India, only the second market after the United States where that milestone has been reached. Last June the social network had 82 million active users within India. Facebook vice president of growth & analytics Javier Olivan made the disclosure in an ...Continue Reading

Amazon Fire TV Unveiled

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APRIL 2, 2014 • By leveraging the technology and experience gained from its Kindle Fire tablets Amazon.com has marketed a $99 streaming set-top box called the Amazon Fire TV. The unit is already available for purchase online, and goes up against similar 1080p video internet delivery systems available from Roku, Inc. and Apple Inc. at ...Continue Reading

Xbox Unit Gets New Chief

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APRIL 1, 2014 • As part of an executive suite reshuffling at Microsoft Corp. new chief executive Satya Nadella has promoted Microsoft Studios head Phil Spencer to lead the entire Xbox Unit. The appointment also represents a restructuring within the unit with Spencer in charge of the Xbox Platform team, Microsoft Studios, Xbox Live, Xbox ...Continue Reading

Tencent Takes CJ Games Stake

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MARCH 28, 2014 • Tencent Holdings Ltd. continued its investment in significant game companies taking a 28% stake in South Korea's CJ Games Corp for $500 million. The latter is one of the largest mobile game publishers in Korea and is a subsidiary of the huge CJ Group Pte. Ltd. Tencent now becomes the third-largest ...Continue Reading

Facebook Grabs Oculus

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MARCH 26, 2014 • In a major surprise Facebook Inc. has acquired Oculus VR Inc. for $400 million in cash and $1.6 billion in stock. The latter is the virtual reality technology company founded by 21-year-old Palmer Luckey who was an engineer at USC's Institute for Creative Technologies, and built early interest in his product ...Continue Reading