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Xbox Is Shutting Down Arkane Austin, Tango Gameworks, And More – GameInformer.com

In order to “increase investment in other parts of our portfolio,” Xbox has chosen to close studios Arkane Austin, Alpha Dog Studios, and Tang Gameworks. Redfall, Mighty Doom, and Hi-Fi Rush, all games from these studios, will stay available to play as of now, but players should not expect further updates to content.


Overwolf acquires Nitropay – GamesIndustry.biz

 Overwolf has bought Nitropay in anticipation of an influx of advertising dollars being directed at gaming and social networks. Along with acquiring Nitro’s technology, CEO Uri Marchand says Overwolf has set its sights on “revolutionizing gaming ad tech.”


Roblox reports Q1 bookings of $923.8M, up 19%, but stock plunges on weak Q2 outlook – VentureBeat.com

Roblox reports a 17% increase in daily active users along with a 19% increase in first quarter bookings. Unfortunately, with estimated bookings for the second quarter being lower than originally predicted, Roblox saw a 27.36% decrease in stock prices.


Capcom announces seventh consecutive year of record results – VideoGamesChronicle.com

Capcom reports a 21% increase in year-over-year net sales, resulting in an astonishing eleven-year streak of income growth. Resident Evil 4 was Capcom’s largest-selling game in the past quarter, with 3.3 million units sold.