Category: Industry

Xbox Revenue Slips 2% as Microsoft Says WoW Forever and Minecraft Set Records

Posted on October 29, 2026 by Kipp Stryxs

Microsoft’s Xbox business dipped slightly in the company’s first quarter of fiscal 2027, with revenue landing at $5.379 billion for the three months ending September 30, 2026. That’s down 2%

Microsoft Offers Voluntary Buyouts to Around 60,000 Employees, Including Xbox Staff

Posted on October 27, 2026 by Kipp Stryxs

Microsoft has offered voluntary buyout packages to around 60,000 employees, including staff in its Xbox division. The offer covers a little over a quarter of the company’s workforce and gives

AION 2 and Crimson Desert Lead 2026 Korea Game Awards Nominees

Posted on October 25, 2026 by Kipp Stryxs

The 2026 Korea Game Awards nominees are out, with NC’s AION 2 and Pearl Abyss’ Crimson Desert looking like the two biggest names in the Grand Prize race. The Korea

EA closes BioWare and cancels early Mass Effect project

Posted on October 21, 2026 by Kipp Stryxs

EA is closing BioWare and ending early development on the next Mass Effect game as part of a wider company restructuring announced on October 21, 2026. The studio’s Edmonton workspace

Soulbound Studios Has Shut Down, Chronicles of Elyria Lead Says He’s Looking for Work

Posted on October 19, 2026 by Kipp Stryxs

Soulbound Studios, the developer behind the long-troubled crowdfunded MMORPG Chronicles of Elyria, has been dissolved. CEO and lead developer Jeromy Walsh confirmed on LinkedIn that he’s now looking for a

Krafton, Nexon and Other Korean Publishers Face Softer Q3 Profits

Posted on October 19, 2026 by Kipp Stryxs

Several of Korea’s biggest game companies are heading into a weaker third quarter, even after a strong first half of 2026. Projections from financial data firm FnGuide point to rising

South Korea’s Mobile MMORPG Revenue Hit a One-Year High in September, Sensor Tower Says

Posted on October 15, 2026 by Kipp Stryxs

South Korea’s mobile MMORPG market bounced back in the second half of 2026, with September revenue reaching its highest monthly point in about a year, according to market research firm

Ubisoft Proposes Closing Trials Studio RedLynx, Cuts 70 Jobs at Skull and Bones Developer

Posted on October 14, 2026 by Kipp Stryxs

Ubisoft is making more cuts as it continues reshaping the company around its Creative Houses structure. The publisher said on October 14 that it has proposed closing RedLynx, the Finnish

Funcom Names Scott Junior CEO as Rui Casais Steps Down and Layoffs Begin

Posted on October 14, 2026 by Kipp Stryxs

Funcom is changing leadership as it moves out of peak development on Dune: Awakening and into long-term live support. The company announced on October 14 that Chief Product Officer Scott

Squadron 42 Is Now Available to Wishlist on Steam Ahead of 2027 Release

Posted on October 12, 2026 by Kipp Stryxs

Cloud Imperium Games has opened Steam wishlisting for Squadron 42, the long-in-development single-player campaign set in the Star Citizen universe. The game is currently planned for release in Q2 2027.