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Majesco Entertainment completed an investment round that resulted in $6 million in funding, the Cooking Mama publisher announced today. $1 million of the funds were issued to the company with the rest stashed in escrow until certain, as-yet-unknown conditions are met by Majesco. The company also ap...

5 months ago 0 Comments
December 18, 2014 at 10:00PM
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Developer Nerd Kingdom has been fairly quiet since its announcement in September that half of its team was being let go in order to keep development moving on TUG. The good news is that the needed investors might be right around the corner. An update on the game's Kickstarter page notes that the te...

5 months ago 0 Comments
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With Apple Pay slated to launch this month, all eyes are on Apple to see if it can shake the curse of NFC payment systems and break through to mass adoption. We won't know if it succeeds for a while, but Morgan Stanley's Craig Hettenbach certainly seems upbeat about the possibility. In a release t...

7 months ago 0 Comments
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Nintendo President Satoru Iwata recently acknowledged the long rebuilding process the company is mired in to become increasingly profitable again in the coming years. While unable to offer specific numbers, he toned down expectations for the coming financial year (FY 2014) as well as the next one (...

1 year ago 0 Comments
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The Oculus Rift creators recently secured $16 million in funding from investors, on top of their September Kickstarter bounty of $2.4 million – and they're going to use that cash to bulk up the team. "We're using the funding to ramp up on hiring more smart people, the best and brightest th...

1 year ago 0 Comments
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What do you do when your one and only iPad app is a runaway success? If you're FiftyThree, the development firm behind the beautiful journal / art app Paper (free, many in-app purchases available), you get funding for expansion into new areas. FiftyThree announced today that it received US$15 mil...

1 year ago 0 Comments
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The first round of investor funding for Oculus Rift brought in $16 million, with contributions from Spark Capital, Matrix Partners, Founders Fund and Formation 8, the Oculus team announced today. This funding is separate from the Oculus Rift Kickstarter campaign, which asked for $250,000 and conclu...

1 year ago 0 Comments
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The company behind the Pebble smartwatch, which not only looks awesome but connects up to your iPhone, has picked up US$15 million in funding from venture capitalists, and has released yet another version of its SDK. The funding is obviously a solid chunk of change, and should help Pebble not on...

2 years ago 0 Comments
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A massive sell-off in Apple shares that's been going on for about eight weeks now appears to have been nipped in the bud with a rally from Friday's close of US$527.68 to a high around $560. While the news out of Washington, DC about possible action on the upcoming "fiscal cliff" appears to be d...

2 years ago 0 Comments
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TechCrunch took its popular iPad app, shrunk it down and ported it to the iPhone. The essential research app for tech entrepreneurs shares the same features as the iPad version, but has a UI that's optimized for the iPhone's smaller screen. You can read breaking news stories, follow what top ...

2 years ago 0 Comments
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Best Buy founder Richard Schulze may have stepped down as chairman of the board, but he's certainly not out. His plan to buy the turbulent company has reached the next step -- an agreement which pre-empts the formal offer. Schulze now has access to all the private numbers he'll need to put together...

2 years ago 0 Comments
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Seattle-based Discovery Bay Games, a board game company turned iOS accessory maker, announced today it has raised $15 million in Series B funding, according to a report in TechCrunch. Big name investors include accessory maker Logitech and Trilogy Equity Partners, an investment firm led by Clea...

2 years ago 0 Comments
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A Georgia law firm is investigating THQ to determine if it misled investors about the stagnant demand for its uDraw tablet, before discontinuing its production in February. Holzer Holzer & Fistel assert that THQ may have withheld information about decreased demand for the uDraw, and may have ma...

2 years ago 0 Comments