gaming industry

A French court ordered Nacon-owned Midgar Studio into liquidation after 18 years, leaving the fate of its unreleased RPG Edge of Memories unclear.

Xbox CEO Asha Sharma confirmed about 3,200 role cuts through FY27, roughly 1,600 immediately. Double Fine and Compulsion exit as independent studios with their IP, while Ninja Theory and Undead Labs head to new owners.

Hackers exploited Anodot's integration with Rockstar's Snowflake cloud to steal nearly 80 million records of financial and analytics data, then published them after the studio refused to pay.

The deal ranks among the largest gaming acquisitions ever, giving the Saudi sovereign wealth fund's gaming arm control of one of mobile esports' most popular titles and extending its reach across publishing, mobile, PC, and esports infrastructure.

Sony's second PlayStation 5 price increase in under a year took effect on April 2, pushing the PS5 Pro to $900 and the standard console to $650 as AI-driven memory demand and trade tariffs compress margins across the gaming hardware industry.

Epic Games lays off roughly 20 percent of its workforce, citing a Fortnite engagement downturn that began in 2025 and over $500 million in targeted cost savings.

Crimson Desert sold three million copies in five days, but Pearl Abyss's stock fell 30 percent after mixed reviews, and undisclosed AI-generated artwork forced an apology and Steam policy violation disclosure.