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Meta published its second quarter earnings today, and has recorded a loss of $4.5 billion in its AR/VR Reality Labs division. This is the second reported loss of the year in this segment, with Reality Labs reporting a loss of $3.8 billion during its first quarter. Its Q2 revenue was up 28% year-over-year, largely driven…
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2weeks has raised $1.25 million in pre-seed funding, the newly founded studio has announced. The round was led by A16Z, with 2weeks also joining the VC firm’s accelerator programme, Speedrun. Anorak Ventures, Blue Heron Ventures, Brendan Iribe, Ben ‘CohhCarnage’ Cassel, Art Min, Nate Mitchell, Nirav Patel, and Jamie Stormbreaker also contributed to the round. Read…
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At Develop Brighton last month, Criterion general manager Charity Joy gave a talk on the art of leading people who are themselves managing other leaders, sharing the tools she’s picked up along the way in her career in game development. Joy emphasised the importance of curiosity, trust, and clear communication when it comes to supporting…
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Sixteen Tons Entertainment is changing leadership, with founder and former CEO Ralph Stock stepping down and handing the reins to Jan Richter. Richter joined the studio this month from ZeptoLab where he’d been working for the past four years, most recently as head of product and design. Prior to that, he worked at the likes…
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Whiteout Survival has passed $1 billion in gross revenue. That’s according to Sensor Tower‘s latest estimates, with the analytics firm saying the milestone was reached in 17 months. It’s the third fastest 2023 title to achieve this feat, following in the footsteps of Monopoly Go and Honkai: Star Rail. Read more




