Author name: vrnewsdan

Former Activision Blizzard CEO Bobby Kotick named to the board of post-merger Skydance

Bobby Kotick Brings His Vision to Skydance Games as New Board Member In a move that’s sure to send shockwaves through the gaming industry, former Activision Blizzard CEO Bobby Kotick has joined the board of directors at post-merger company Skydance. This powerhouse conglomerate, formed by the $111 billion acquisition of Warner Bros. Discovery by Paramount,

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Star Wars Zero Company developer Bit Reactor brings back ‘over half’ of furloughed staff

In a major boost to the VR gaming community, Star Wars Zero Company developer Bit Reactor has announced that it is bringing back “over half” of its furloughed staff. This move comes after the studio suspended the majority of its employees ahead of the tactical Star Wars title’s launch, sparking concerns about the game’s development

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Electronic Arts’ leveraged buyout faces a bondholder battle

Electronic Arts’ recent leveraged buyout has sent shockwaves through the industry, but a new development is threatening to upend the publisher’s financial plans. In what promises to be a high-stakes showdown, bondholders are demanding a 101% repayment of their investments – a move that could have far-reaching consequences for EA and its future in the

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Google debuts new ‘experimental’ AI game platform named Google Playground

Google Taps into AI’s Creative Potential with Groundbreaking Playground Platform Get ready to unleash your inner game developer without any coding experience required. Google has just launched its highly anticipated “experimental” gaming platform, Google Playground, which leverages generative AI tools to create, share, and play custom games. This innovative venture is poised to shake up

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Unity unveils Unity Spark, an prompt-based tool for Google’s AI games platform

Unity’s Spark Ignites the Future of Prompt-Based Game Development In a groundbreaking move that’s set to revolutionize the world of game development, Unity, the industry-leading engine creator, has unveiled its latest innovation: Unity Spark. This pioneering tool is specifically designed for Google’s AI platform, dubbed “Playground,” and enables developers to create immersive games using nothing

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Norway Proposes Temporary Ban on Smart Glasses in Public Places

Norway’s government has proposed a temporary ban on smart glasses in public places, citing concerns over privacy and the potential for unwanted recording of individuals without their consent. The move comes as various countries and regions around the world grapple with the implications of wearable technology on personal freedoms. The ban, which is still pending

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Sony Sells off Dozens of XR Patents to Meta in Apparent Pullback from AR/VR Hardware

Sony’s Sudden Shift in XR Ambitions: A Major Patent Handover to Meta In a move that has sent shockwaves through the VR and AR communities, Sony has sold off dozens of its valuable patents to Meta, hinting at a significant pullback from its ambitious endeavors in XR hardware. The confirmed transfer of 43 U.S. patent

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GameStop, other retailers to sell used PlayStation 5 Pro units for 66 percent over MSRP

The PlayStation 5 Pro has become a hot commodity, with retailers like GameStop and third-party sellers on Amazon, Best Buy, and Walmart hiking their prices to unsustainable levels. The latest Grand Theft Auto 6 is touted as “PS5 Pro Enhanced,” fueling demand for this high-end console that’s already in short supply. What’s shocking is the

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Unlead Labs studio head says they were ‘irresponsibly transparent’ in preparing staff for layoffs

In a bold move that has raised eyebrows across the gaming industry, Undead Labs studio head Philip Holt has come forward to discuss the layoffs that have shaken his team. In an interview with The Game Business, Holt revealed that he intentionally kept employees informed about the impending job losses as part of the Xbox

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