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When Double Fine launched a Kickstarter campaign for an unnamed adventure game in 2012, it changed the gaming industry in a huge way. The project asked for $400,000 but raised more than $3 million in about a month, setting records at the time and jump-starting the video game crowdfunding craze. An...

August 18th 2015 at 4:48pm 0 Comments
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Chinese e-commerce company Alibaba invested $10 million into microconsole maker Ouya last month, The Wall Street Journal reported. The two companies have seemingly agreed to bring Ouya's software and game library to Alibaba's set-top box. Ouya announced its Ouya console-less ambitions in March 2014...

January 30th 2015 at 11:30am 0 Comments
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Scutify is a combination of many things, but it's mainly a social network built around the stock market. Monitor your important stocks and their current prices, get into trading and investing and chat about them with other members of Scutify. Post questions or status updates called "scuttles" to g...

December 16th 2014 at 9:30am 0 Comments
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Venture capital firm London Venture Partners is offering initial funding for mobile game development startups. The firm plans to invest between $50,000 and $500,000 into developers that are primarily in Europe. LVP General Partner Paul Heydon told TechCrunch that the firm plans to invest in 20 to...

July 16th 2014 at 9:00pm 0 Comments
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GameStop is contemplating taking a greater interest in games during their development in order to secure exclusive content. Colin Sebastian of investment firm R.W. Baird recently discussed GameStop's future with the retailer, then told investors in a note that GameStop "indicated that software publ...

July 8th 2014 at 12:00pm 0 Comments
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Think you can do a better job than wealthy venture capitalists at sussing out potential winners and losers in game development? You'll soon be able to put your money where your mouth is thanks to a new wave of up-and-coming crowdfunding sites that will be offering equity instead of plushies and in-...

March 28th 2014 at 1:00pm 0 Comments
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Sleepwalking puzzler Back to Bed is back on track thanks to assistance from Danish investment firm Capnova. The investment prompted the team of students from the Danish National Academy of Digital Interactive Entertainment (DADIU) to form an official studio now known as Bedtime Digital Games. Cap...

February 28th 2014 at 3:00am 0 Comments
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For reasons that often defy explanation, the news swirling around Apple always tends to be framed in a negative light. Despite Apple's success and unparalleled ability to release hit product after hit product over a multi-year stretch, many in the tech industry would have you believe that Apple's de...

November 26th 2013 at 4:00pm 0 Comments
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Activision's buyback of $8.2 billion of its own shares from Vivendi has been completed, the publisher announced today. It was just yesterday that the Delaware Supreme Court overturned a September ruling that halted the purchase, which followed a lawsuit by an Activision Blizzard shareholder in Augu...

October 11th 2013 at 8:30pm 0 Comments
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Twitch has earned $20 million from investors, the company announced. Among the Series C, or third round of investors is Grand Theft Auto publisher Take-Two, though it is uncertain how much the publisher invested in the video game live-streaming company. The investment round is appropriately timed...

September 30th 2013 at 1:30pm 0 Comments