Tencent vows to ‘distribute’ $20.3bn Meituan shares to investors November 16, 2022 Tencent has vowed to give its shareholders $20.3bn (£17.4bn) worth of shares in Chinese food delivery firm Meituan as it seeks to reduce its holdings in China’s tech sector. The Shenzhen conglomerate’s “special dividend” comes as its sales dropped two per cent year-on-year, to £16.6bn, on the back of a five per cent drop in [...]
Of dice and men: How Ian Livingstone conquered the nerd universe November 11, 2022 In a leafy enclave of West London, Ian Livingstone is balanced precariously upon a chair in his study, grasping for a top-shelf box filled with incredibly rare figurines. The legs of the chair creak in protest, and there is a moment when I fear I may be responsible for the untimely death of the man [...]
David Beckham-backed esports firm signs big sponsorship deal with Sky September 26, 2022 David Beckham-backed Guild Esports has signed a huge sponsorship deal with Sky UK, in its larges agreement to date. The online gaming group signed a three-year agreement with the multi-media giant in the eighth revenue-generating deal signed by the firm since it floated on the London Stock Exchange. It is understood to be one of [...]
Revenues climb for Keywords Studio as it snaps up Mighty Games in market share push August 3, 2022 Revenues climbed 34 per cent to €320m for Keywords Studio as the video game giant announces a fresh acquisition of Mighty Games.
The Commonwealths are the ‘Local Global Games’ July 24, 2022 The Commonwealth Games begin in Birmingham this week. It’s the Queen’s Platinum Jubilee, so where better than England’s second city? They should, however, be taking place in Durban, which would have become the first African city to host the Games. The opening day would have been last week – on 18 July, Nelson Mandela’s birthday [...]
‘Sport and technology an inevitable crossover of present and future’ July 21, 2022 If you will insist on selling sport tickets that have to be scanned at the turnstile via your app, at least make sure that there’s enough 4G coverage for me to access mine. And don’t make the fallback an email proof of purchase when my mates – including the one who sorted our tickets – [...]
Activision Blizzard board denies claims execs turned blind eye to gender harassment June 16, 2022 Activision Blizzard board members have pushed back against claims that execs ignored or downplayed gender harassment at the firm.
Jurassic World game developer Frontier posts record £114m revenue as sales surge June 14, 2022 Shares are up over 20 per cent for video game giant Frontier Developments after the Jurassic World game maker posted record revenue of £114m this morning. Revenue was up 26 per cent from the previous year, which was buffered by the new Jurassic film momentum, as well as the forthcoming F1 Manager game. Sales for [...]
Video game giant Keywords Studios snaps up Age of Empires developer Forgotten as it eyes global expansion June 8, 2022 Video game provider Keywords Studios has snapped up development studio Forgotten Empires for $32.5m (£25.9m), cementing the firm's position as the 'go to' technical and creative services platform for the global industry.
Government pumps £21m into indie film, movies and video games May 16, 2022 The government have confirmed a £21m investment in indie film, TV and video games this morning in a quest to develop new talent and target fresh audiences around the world.