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The Latest Breaking News from Video Game

Fortnite maker to pay $520M for privacy, e-commerce abuses

The maker of the popular Fortnite video game will pay $520 million in penalties and refunds to settle complaints revolving around children’s privacy and its payment methods that tricked players into making unintended purchases

The Independent UK

Fortnite creator Epic Games to pay record FTC fine over violating children’s privacy

Epic Games, the creator of the popular video game Fortnite, has agreed to pay $520 million to the Federal Trade Commission over complaints that the company violated children’s privacy law and forced unintended purchases through trickery.

Tribune News Service

'Crisis Core Reunion's standout feature is the best video game love triangle ever

'Crisis Core Reunion' functions as a prequel to the entire 'Final Fantasy 7' story, but the real star of the show is the budding romance at the narrative's core.

Inverse

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Innovative products lead to a boom in imitation and often a bust - just look at Atari and Bitcoin

Buried in a dusty landfill in Alamogordo, New Mexico, are more than 700,000 discarded Atari game cartridges, including E.T., the 1982 Atari game based on the blockbuster film. This bleak trove of artifacts symbolizes the video game crash of 1983, when consumer demand plummeted and companies like Atari literally dumped…

The Conversation

Why In the World Is the FTC Trying to Block Microsoft From Buying Call of Duty?

Antitrust regulators don't seem to understand how the video game industry works.

Reason

God of War, Wordle lead a bumpy year in video games

It’s been a bumpy year for video games, in part thanks to the ongoing repercussions of the pandemic

The Independent UK

The No. 1 Video Game Stock to Buy Right Now

Video gaming stock Electronic Arts (EA) recently signed a lucrative deal with Marvel Entertainment. Moreover, amid solid demand for video games in the U.S., EA is expected to thrive. Wall Street analysts expect the stock to grow more than 17% in the near term. Therefore, EA could be an ideal…

StockNews.com

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Pushing Buttons: Shouldn’t the ‘video game Oscars’ be about more than just hours of trailers?

In this week’s newsletter: Other than God of War star Christopher Judge’s heartfelt acceptance speech, the Game Awards felt symptomatic of something wrong with the industry

The Guardian - UK

How ZeniMax QA workers launched the biggest union in video game history

Workers at Microsoft owned developer ZeniMax, known for games like Fallout and Elder Srolls, speak on the importance of unionization industry-wide.

Inverse

40 years ago, one woman changed the video game industry forever

Carol Shaw's 'River Raid' became a million-seller and paved the way for female game devs everywhere

Inverse

New this week: 'Banshees,' Whitney Houston, 'High on Life'

This week’s new entertainment releases include an album from rapper Ab-Soul, the irreverent shoot-’em-up video game “High on Life” and rising comedian Atsuko Okatsuka debuts her first HBO comedy special called “The Intruder.”

The Independent UK

Review: The Game Awards celebrate growth in video games, but the ceremony still needs to evolve

LOS ANGELES — The Game Awards are a course study in giving an audience what it thinks it wants.

Los Angeles Times

The FTC Has No Business Trying To Stop Video Game Company Mergers

It’s one of the most competitive industries in the world, and there’s no good reason to stop Microsoft from acquiring Activision Blizzard.

Reason

Why is the FTC suing to stop Microsoft’s Activision Blizzard deal? Because it doesn’t trust the tech giant

Federal regulators are skeptical that the Xbox parent will make good on pledges to keep games available on PlayStation.

Fortune

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Los Angeles Times

The Game Awards to stage a musical production at the Hollywood Bowl

LOS ANGELES — The Game Awards will next year bring its format of honoring the past, present and future of video games to the Hollywood Bowl. On June 25 in a concert backed by the Los Angeles Philharmonic, the Geoff Keighley-hosted The Game Awards will present a night of video…

France 24

US sues to block Microsoft's takeover of Activision in blow to big tech

The US Federal Trade Commission has filed a formal complaint to stop Microsoft's $69 billion dollar acquisition of video game studio Activision. Also in the show: China and Saudi Arabia sign $30 billion in new contracts, and we see how Italy's pasta sector is under strain from high energy prices.

The Guardian - US

US agency moves to block landmark merger of Microsoft and Activision Blizzard

Regulators voted 3-1 to stop the biggest acquisition in video game history, citing concerns over thwarting of competition

WEKU

FTC sues to block the $69 billion Microsoft-Activision Blizzard merger

The Federal Trade Commission said Microsoft's planned takeover of the video game company could suppress competitors to Microsoft's Xbox game consoles and its growing games subscription business.

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The Street

GameStop Stock Higher Despite Wider Q3 Loss, Muted Video Game Sales

"We're seeking to transform a legacy brick-and-mortar business that was on the brink of bankruptcy ... this path carries risk and is taking time," said CEO Mike Furlong.

The Street

GameStop Posts Wider Q3 Loss, Misses Street Revenue Forecasts

GameStop posted its seventh consecutive quarter loss Wednesday as video game demand continues to fade amid a broader decline in online spending.

Motor1

Audi’s Slick Formula 1 Launch Livery Is Added To Official Video Game

The livery is part of F1 22’s next Podium Pass DLC update.

Fortune

Microsoft keeps pulling the right political strings. Is it enough to get the Activision Blizzard deal over the finish line?

The tech giant is making shrewd moves, but regulators remain wary of its $68.7 billion purchase of the video game developer.

The Street

GameStop Earnings Preview: FTX Collapse, Video Game Demand In Focus As Short Sellers Stalk Retailer

With short-sellers extending bets on its demise, video game demand slumping and its recent partnership with FTX now in shreds, GameStop faces a tough road ahead.

The Independent UK

Microsoft strikes 10-year deal Call of Duty with Nintendo

Microsoft says it struck a deal to make the hit video game Call of Duty available on Nintendo for 10 years when its $69 billion purchase of game maker Activision Blizzard goes through

The Independent UK

Making 'indie' video games gets trickier as industry evolves

Every year, some tiny and independent video game developer studios like hold their own with the big leagues by making hit games that achieve commercial success or at least critical acclaim

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People

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