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Sony Raises PlayStation Plus Monthly and Quarterly Prices Across Multiple Regions, Leaving Annual Plans Unchanged
Sony increased PlayStation Plus Essential, Extra, and Premium 1-month and 3-month prices in the US, UK, and Europe effective May 20, 2026, citing ongoing market conditions.
Bungie Ends Active Development of Destiny 2 After Nine Years, Final Content Update Ships June 9
Bungie announced on May 21 that Monument of Triumph, launching June 9, will be Destiny 2's last live-service update, closing a nine-year live-service run as Sony absorbs a $765 million write-down on the studio.
Valve's Steam Frame Nears Launch as SteamOS Manager Gains Initial Support and Proton 11 ARM64 Beta Ships
Valve added Initial Support for Steam Frame to SteamOS Manager and shipped a Proton 11 ARM64 beta targeting the headset, the clearest software signals yet that the VR headset is approaching release.
Unreal Engine 5.8 Preview Arrives With Mesh Terrain, MetaHuman Crowds, and a New Lumen Performance Mode
Epic Games released UE 5.8 Preview on May 12, introducing experimental Mesh Terrain, MetaHuman Crowd scaling, a lighter Lumen mode targeting 60fps on handhelds, and MegaLights graduating to production status.
Tekken's Katsuhiro Harada Leaves Bandai Namco After 31 Years to Lead VS Studio SNK, a New Tokyo Subsidiary
The Tekken franchise architect exits Bandai Namco after 31 years and launches VS Studio SNK, a competitive-game-focused subsidiary with former Tekken director Yuichi Yonemori as CCO.
Double Fine Workers File to Unionize With CWA, Becoming the 14th Microsoft Gaming Studio to Organize
All 42 part-time and full-time employees at the Psychonauts maker filed an NLRB petition on May 7 to join the Communications Workers of America, with Microsoft pledging not to interfere.
Microsoft Cuts Xbox Game Pass Ultimate to $22.99 and Pulls Future Call of Duty From Day One in First Major Move Under Asha Sharma
Xbox dropped Game Pass Ultimate from $29.99 to $22.99 a month and PC Game Pass from $16.49 to $13.99, while removing future Call of Duty titles from launch-day inclusion — the first major business decision under new gaming CEO Asha Sharma.
Nintendo Switch 2 Tops U.S. Console Sales in March as Pokémon Pokopia Drives 69% Hardware Spending Surge
Circana data released April 22 shows the Switch 2 led U.S. hardware sales in March with $500 million in spending — up 69% year-on-year — as Pokémon Pokopia boosted console momentum.
Apple Vision Pro Gains NVIDIA CloudXR Streaming and Steam Link Beta as visionOS 26.4 Targets Gaming and Enterprise
visionOS 26.4 brings NVIDIA CloudXR 6.0 for RTX-powered enterprise and gaming apps, while Valve launches a native Steam Link beta for PC game streaming on Vision Pro.
Unity 6.4 Ships With ECS as a Core Package, DirectStorage on Windows, and a New Platform Toolkit for Multi-Platform Launches
Unity 6.4 integrates the Entity Component System directly into the editor, adds Microsoft DirectStorage for faster asset loading, and debuts a Platform Toolkit that reduces multi-platform deployment to a single line of C# code.
Sony Raises PS5 Prices Up to $150 Worldwide as Memory Chip Shortage and Tariffs Squeeze the Console Market
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 Cuts Over 1,000 Jobs as Fortnite Engagement Decline Forces Second Major Layoff Round in Three Years
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.