Maybe it was the bad economy. Maybe it’s the back-to-school season or an attempt to generate more interest ahead of Christmas shopping period. In any case, Microsoft (NSDQ: MSFT) hopes…

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Raptr, a new online social gaming startup founded by Xfire co-founder and professional gamer Dennis Fong, is launching tonight and had received $12 million in its first round of funding.…

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The “Disney (NYSE: DIS) difference” lies in the company’s ability to weave its deep and familiar library of content into virtual worlds that give kids the opportunity to participate in…

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Paramount Pictures, the Viacom-owned movie studio, has made its first gaming related acquisition: it has bought Seattle-based game developer ScreenLife, the creator of the popular DVD game “Scene It?”. Financial…

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Some more funding for the MMO sector… Webcarzz, the developer of a forthcoming online game, has raised a $4 million first round led by Meakem Becker Venture Capital. Information on…

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Kid-oriented virtual worlds continues to be a hot space… Dizzywood, a new virtual worlds startup for kids, has raised $1 million from the European Founders Fund, according to peHUB, citing…

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For the last few weeks, Facebook users outside the U.S. and Canada could do the superior dance between rounds of Scrabulous. Access to Scrabulous, the Scrabble knockoff developed by Indian…

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The Federal Trade Commission has cleared Electronic Arts’s (NSDQ: ERTS) merger bid for Take-Two Interactive, even though the two companies haven’t agreed to anything yet despite EA going hostile. “Upon…

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True Games Interactive, an Orange Country, CA-based online multiplayer game developer, has sold an 80 percent majority stake to Indian media conglomerate UTV Software Communications… The acquisition has been done…

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Electronic Arts’ (NSDQ: ERTS) latest tender offer for rival gamer Take-Two expired today, and this time the company didn’t announce a one month extension. Due to the passage of time…

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More money for K-12 educational gaming, as Tabula Digita, a maker of algebra-based videogames, has raised a second round led by Ascend Venture Group, LLC. Terms of this round were…

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Knowledge Adventure, a developer of educational virtual worlds for kids, has raised a $5 million second round from Azure Capital and Telesoft Partners. The company’s initial round was not specified.…

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Ultizen, a Shanghai and LA-based provider of videogame development outsourcing services, has raised a $6 million second round led by PAC-LINK (Taiwan), along with Japan Asia Investment and CyberAgent. The…

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Original post: July 29th, ‘08: Six Degrees Games, a stealthy online gamer, has raised a $7 million first round, according to the PwC MoneyTree Report, socalTech reported. The investors were…

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Electronics Arts filed its quarterly 10-Q with SEC earlier today, and an interesting number on its Rupture/ThreeSF acquisition two months ago; the purchase price for the social gaming startup from…

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Scrabble, which replaced the popular Scrabulous application that was pulled from Facebook yesterday, has been attacked by a hacker and pulled from the site, newsfactor.com reports. *Electronic Arts*, which distributes…

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Nintendo has released its second quarter results, showing a growth in net sales of 24.3 percent year-on-year to 423.3 billion yen (US$3.92 billion). Operating income increased 31.5 percent to 119.1…

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THQ (NSDQ: THQI) has released its second quarter earnings, showing a year-on-year increase in revenue of 31.7 percent to $137.6 million, but also an increase in the net loss for…

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Video gamer Electronic Arts (NSDQ: ERTS) narrowed its Q2 net loss to $95 million from last year’s net loss of $132 million, with diluted loss per share at $0.30 as…

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Video game development studio Heatwave Interactive has raised a $7.5 million first round from Syncom Venture Partners. The Austin, TX-based company will use the proceeds to fund its Central Studio,…

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Garena, an online gamer community based in Singapore, has raised $2 million from angels, according to Alarm:Clock. Investors include Skype co-founder Tovio Annus and the Government of Singapore. The site,…

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Updated: Facebook says the decision to block Scrabulous for U.S. and Canadian users was made by the Scrabulous developers, not Facebook. The social net forwarded the DMCA notice to the…

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-- MPAA creating movie site to fight piracy: The MPAA is developing a yet-to-be named site that will allow users to search for films to legally download photos, purchase box…

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MTV Networks’ (NYSE: VIA) Nickelodeon Kids and Family Group’s AddictingGames is going to announce a program designed to encourage developers to make more popular productions. The rewards program will launch…

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Electronic Arts (NSDQ: ERTS), looking to transfer its video game titles into movie and TV deals, has signed on with Hollywood talent agency UTA. The company said that while it…

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