Hasbro closes Backflip, studio behind DragonVale and Transformers mobile games

Hasbro closes Backflip, studio behind DragonVale and Transformers mobile games

Hasbro has shut down its Backflip Studios mobile game developer in Boulder, Colorado, according to social media posts. The toy and entertainment company bought a 70% stake of Backflip Studios for $112 million back in 2013. Backflip was responsible for games like Army of Darkness: Defense, DragonVale, and Paper Toss Friends. Under Hasbro, it focused …

Hasbro closes Backflip, studio behind DragonVale and Transformers mobile games Read More »

Strong data center rebound drives Intel's Q3 revenues to $19.2 billion

Strong data center rebound drives Intel’s Q3 revenues to $19.2 billion

Intel reported its third-quarter earnings on Thursday, hitting Wall Street’s targets for financial performance. The results come amid a variety of challenges, including rising competition from rival Advanced Micro Devices and concerns about how the poor U.S.-China trade relations will impact revenues for cross-border industries such as computers. Intel reported on third-quarter revenues of $19.2 …

Strong data center rebound drives Intel’s Q3 revenues to $19.2 billion Read More »

Micron Technology acquires Fwdnxt to move into AI hardware and software

Micron Technology acquires Fwdnxt to move into AI hardware and software

Micron Technology said it acquired Fwdnxt, a maker of hardware and software tools for artificial intelligence deep learning applications. When combined with Micron‘s memory chips, Fwdnxt (pronounced “forward next”) will enable Micron to explore deep learning solutions required for data analytics, particularly with internet of things and edge computing. Micron also announced a series of …

Micron Technology acquires Fwdnxt to move into AI hardware and software Read More »

Ubisoft lowers financial targets after soft Ghost Recon: Breakpoint launch, major game delays

Ubisoft lowers financial targets after soft Ghost Recon: Breakpoint launch, major game delays

Ubisoft announced today that it is lowering financial targets for fiscal 2019-2020, now expecting net bookings of $1.6 billion. It also pushing back the release dates of some of its big upcoming releases. The publisher is making the adjustment following the launch of Ghost Recon: Breakpoint, which came out on September 5 for PC, PlayStation …

Ubisoft lowers financial targets after soft Ghost Recon: Breakpoint launch, major game delays Read More »

Here’s where top gaming VCs are looking for startup opportunities – TechCrunch

Here’s where top gaming VCs are looking for startup opportunities – News

With cross-platform experiences like Fortnite and PUBG, in-game socializing environments, and subscription-based cloud gaming services from Playstation, Google, Amazon, and others, the gaming industry is entering a new era beyond mobile. These days, the industry is at the center of social media and entertainment trends; gaming is expected to earn $152 billion in global revenue …

Here’s where top gaming VCs are looking for startup opportunities – News Read More »