Category Archives: Business

BioWare Co-Founders Announce Retirement

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BioWare co-founders Ray Muzyka and Greg Zeschuk announced today they are retiring from the gaming industry, and stepping away from the juggernaut development company they formed together in 1995.  Known for RPG gems such as Mass Effect, Dragon Age, Knights of the Old Republic and Neverwinter Nights, BioWare was acquired by EA in 2007. Announced on BioWare’s blog, the retirement ... Read More »

Nexon CEO Steps Down

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Nexon CEO Daniel Kim has decided to step down today and move back to Korea to be closer to his family. The North American company and maker of the famous 2D MMO Maple Story has been changing some things up and with all the shakeup has caused the CEO to travel between Korea and the United States. Min Kim will ... Read More »

OnLive CEO Steps Down

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Steve Perlman is stepping down from his creation and startup, OnLive, to work on other projects. Charlie Jablonski, COO, will take control of the company as acting CEO while the new investor and owner Gary Lauder will step in as chairman. Lauder said the following about Steve leaving: “Steve has created an extraordinary company that no one else could have ... Read More »

OnLive 2.0 CEO is Steve Perlman

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The paperwork has been filed, after what has been seen as a disaster in the cloud gaming industry or just gaming news in general, OnLive 2.0 rises from the ashes as it cuts its debt (a some 30-40 million), ready to start a new. That being said, its top dog, Steve Perlman, is to remain the CEO of the company. VC Lauder ... Read More »

NCsoft Reports Q2 6 Million Loss

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NCsoft has reported a lower than originally thought loss, a whopping six million in it’s quarterly report this morning. Revenues for the company are down 12% from last year to 130 million. The report claims that the company has dipped into the red due to rising labor costs, an increased marketing budget for Blade & Soul’s launch in Korea, the acquisition of Ntreev and the ... Read More »

The Future of PC Gaming

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Recently the founder of Valve and whole hearted king pin of the PC gaming industry, Gabe Newell, has spoken and his words may reflect what others in the industry feel, that the next generation of Microsoft’s Windows 8 may make a turning point in the gaming industry and for the worst. Does this finally mean that when the departure starts to happen ... Read More »

EA Is Suing Zynga For Copyright Infringement

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Zynga is not having a good week. Their stock is dropping rapidly, Steve is laughing, and now they have a brand new lawsuit against them. EA believes that Zynga’s newest game, The Ville, infringes on The Sims Social. Sims Social launched back in August of 2011. Apparently a basis for the lawsuit is complaints by players and those who work ... Read More »

Sony Q1 2012 Losses: $312 Million

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The Sony Q1 2012 results are out and the writing on the wall is in red sharpie. Sony had over $19 billion in sales during the first quarter but managed to lose $312 million. This news is hurtful to the company but is expected since the giant announced their plans to transition away from certain areas and focus on others. ... Read More »

Zynga Opens At All Time Low

At the opening bell today it would appear Zynga is not seeing any relief from investors as it dipped below its all time low trading at 2.85. Zynga has been hit hard recently over missing revenue estimates and backlash that surrounds Facebook. Also in the press recently is a possible lawsuit over insider trading of shares a few months ago. Zynga has ... Read More »

Sony Xperia Tablet Leak Details

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It would appear Sony is prepping for an all new tablet after the not so successful trial of the Sony Tablet S. The Sony Xperia Tablet was spotted on German site Mobiflip with some screen shots of the device. The tablet will be thinner, lighter and more powerful than that of it’s older sister, the Sony Tablet S. Also mentioned ... Read More »

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