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Just days after reports circulated that SoftBank was looking to nab DreamWorks so it could tap into the movie biz, the company is investing elsewhere. Today, the Japanese outfit announced that it's forming a "strategic partnership" with another film studio: Legendary Entertainment. SoftBank is put...

October 2nd 2014 at 12:55pm 0 Comments
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If you're in any way familiar with the history of energy, then the name Rockefeller is synonymous with oil. That's why it's such a surprise to learn that the Rockefeller Brothers fund, worth $860 million, has pledged to dump its remaining investments in fossil fuel production over the next five ye...

September 22nd 2014 at 1:54pm 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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Fresh from its $500 million acquisition of satellite specialist Skybox Imaging, Google appears to be ready to make another space-related investment. Sky News reports that the search giant is in advanced talks to take a minority stake in Richard Branson's Virgin Galactic business (which already cou...

June 12th 2014 at 9:14am 0 Comments
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Journey studio thatgamecompany has raised an additional $7 million in funding for its next project, thanks to a partnership with Capital Today and other investors. Thatgamecompany announced the investment on its blog: "With this new investment, our studio is able to scale up development efforts to...

May 28th 2014 at 12:00pm 0 Comments
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The last major update posted regarding Brad McQuaid's dream MMO, Pantheon: Rise of the Fallen, didn't leave a lot of ambiguity. The game had no prototypes to be shown off, it had failed at its Kickstarter campaign, and the funding raised by fans had completely worn out. So you'd think that would me...

May 4th 2014 at 9:00pm 0 Comments
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Following Virtuix's announcement earlier this month that its virtual reality treadmill will arrive in July for its early adopters, the company revealed this morning that it received seed funding. Virtuix received $3 million to "expand production and distribution of the Omni," the $500 platform that...

April 24th 2014 at 5:00pm 0 Comments
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AT&T has a new way to take on TV-threatening internet video services like Netflix: it's going to offer a few services of its own. The telecom is teaming up with the Chernin Group -- previously a bidder in the Hulu sweepstakes -- to start a venture that will "acquire, invest in and launch" both...

April 22nd 2014 at 1:03pm 0 Comments
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Capcom announced it's spending approximately 8 billion yen, which converts to just under $79 million, on two new research and development buildings located near its head office in Osaka. The investment is part of Capcom's ongoing focus to make more of its development internal and centralized with t...

April 14th 2014 at 8:30am 0 Comments
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If you're looking for Kickstarter success stories, The Repopulation definitely qualifies. While the game hasn't yet been released, it's managed to run not one but two successful campaigns looking to fans for funding, and it's managed its development carefully to keep itself on track for release. Th...

April 12th 2014 at 5:00pm 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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At a glance, Final Fantasy XI is doing all right for itself. It's been running for over a decade and has had to deal with only occasional server merges. It launched another new expansion this year. It certainly doesn't have the population that it used to have, but the people who are playing seem ha...

December 7th 2013 at 4:00pm 0 Comments