Page 14 - Gaming Industry

New Sony PlayStation 5 gaming consoles to be available in India soon

Sony is working on releasing the PS5 with a detachable disc drive that will be connected to the console through a USB Type-C port that is housed at the back

Gaming body welcomes govt's diktat on online betting advertisements

The ministry said it had issued a similar advisory on June 13, asking newspapers, private TV channels, and digital news publishers to refrain from publishing ads of online betting platforms

Activision Blizzard's chief compliance officer resigns on assault charges

Gaming company Activision Blizzard's chief compliance officer, Frances Townsend, is stepping down after several sexual assault allegations surfaced at the company

India's $2-billion online gaming industry jolted by taxing times

The $2 billion online gaming industry in India, while grappling with these issues, the online gaming industry should be treated as entertainment and not gambling, as it comes under the games of skill

Industry considers options as Tamil Nadu ordinance bans online gaming

Sector takes hope from High Courts previously overturning such prohibitions by state governments

Microsoft CEO confident about Activision deal approval, handling of economy

Nadella said the company will keep growing in some areas after adding approximately 70,000 workers during the pandemic

WinZo sues Google for allowing limited categories of real-money games

Challenges inclusion of only DFS and Rummy on Google Play Store, calls the policy an unfair trade practice

Playing on the 5G success: India's gaming sector set to get a boost

India's gaming user base saw massive growth during the pandemic, but network issues and performance have frustrated many enthusiasts

Google Play to run India pilot for daily fantasy sports, rummy apps

Company's announcement is of interest to real-gaming app developers as online skill-based real-money gaming market grows

Industry hails decision to separate gaming from gambling, horse racing

In July, the GST Council announced a 28 per cent tax on the industry, which experts and companies largely agreed to. Currently, an 18 per cent tax is applicable on the gross gaming revenue (GGR)

ByteDance lays off hundreds of employees from video gaming vertical: Report

ByteDance is also reportedly slashing jobs at Jiangnan Studio, its game development studio in Hangzhou district

All roads lead to Web3 gaming in India, but regulation needed: Experts

It's the new sunrise segment in the country's media and entertainment industry

Netflix ramps up hiring for Cloud gaming services, plans to launch 50 games

Streaming giant Netflix has ramped up its dream to make it big in Cloud gaming, as the company hunts for professionals to take on Cloud gaming services

Nvidia warns of lower second-quarter revenue on gaming weakness

The gaming industry, largely considered to be recession proof, is beginning to see some weakness as consumers weigh purchases of discretionary items such as laptops and video game consoles

Mobile gaming market falls nearly 10% in first half of 2022: Report

The majority of mobile game genres saw a decline in sending and downloads in the first half of 2022, with the total mobile gaming market falling 9.6 per cent year-over-year, says a new report.

Why has BGMI been taken down from Google and Apple app stores in India

The game's developer Krafton confirmed that BGMI had been suspended. Here's why the game has been removed and what the developers have to say about it

Nazara Technologies soars 16% after strong June quarter results

The mobile gaming company reported over 22 per cent year-on-year (YoY) growth in consolidated net profit to Rs 16.5 crore in April-June quarter (Q1FY23)

BGMI delisting from Google, Apple app stores adds to gaming sector's woes

Gaming platforms suggested regulations to address the game addiction, rather than a blanket ban

Google blocks Krafton's battle-royale game in India, cites government ban

Alphabet Inc's Google blocked access on Thursday to a popular battle-royale format game from South Korean developer Krafton, citing an order from the Indian government

Gaming industry seeks govt intervention against tech giants' unfair policy

The skill-gaming industry has sought the intervention of the government to rein in the arbitrary policies of the monopoly global tech-giants