Venture Capital firm Andreessen Horowitz is investing $50 million in BuzzFeed, the social news and entertainment website known for producing advertising-sponsored "listicles" that go viral.
Developer Kiwi secured another $15 million as it closed its Series B funding, with Northgate Capital leading the round along with other investors DFJ Venture and Sequioa Capital.
JD.com Inc, China's second-biggest e-commerce company by market share, will accept pre-orders for Microsoft Corp's Xbox One games console in China from July 28 to July 30, the firm said on Monday.
Spackman Equities Group Inc. (the "Company" or "SEGI") (TSX VENTURE:SQG) announced today its entertainment subsidiary, Spackman Entertainment Group Limited ("SEGL"), one of Korea's leading theatrical film production groups, registered its Offer Document and launched its Initial Public Offering ("IPO") on Friday, July 11, 2014 in Singapore.
Safari the warrior crouches in the bush - a digitized heroine from the new mobile phone game "Afro Fighters" that its Nigerian creator hopes will soon rival the likes of Clash of Clans or Angry Birds on the world's handsets.
Microsoft Corp (MSFT.O) Chief Executive Satya Nadella committed to develop its Xbox gaming platform in a letter to company employees, quashing rumors that the unit might be spun off.
Live streaming startup Twitch, which grew its users over 40 percent in the past year, said it is building a studio in San Francisco to host videogame broadcasts and attract more advertisers and viewers to its novel live chat format.
In 2013, Oculus VR's booth at Electronic Entertainment Expo, the gaming industry's biggest annual convention, was relegated to a far corner of the showfloor near the restrooms.
True to its promise, Microsoft today strutted the details of its previously announced titles and trailers for unannounced titles set to be released in 2014 and afterward in this year's E3 Microsoft Xbox Press Conference aptly titled "Xbox: Game On".
Microsoft reportedly will consider removing the monthly paid subscription of Xbox One and Xbox 360 owners to access apps like Netflix and Hulu for free.
Nintendo Co Ltd plans to introduce a new kind of games console and software for emerging markets as early as next year, to capitalize on higher entertainment budgets amidst a growing middle class, its chief executive told Reuters on Thursday.
New York, US-based open-source video platform Kaltura bought Tel Aviv, Israel-based pay TV service startup Tvinci for an undisclosed amount to gain flexibility in the video business and grow its revenue.
New York, US-based mobile gameplay-recording startup Kamcord raised $7.1 million in a Series A funding round led by TransLink Capital to conquer the giant gaming markets of Japan, China, and South Korea.
Sao Paulo, Brazil-based curated web platform Netshow.me closed an undisclosed amount in its seed funding round from Buscape co-founder Rodrigo Borges to offer online concert service for artists and musicians.
American film and music producer Warner Bros picked up a minority stake in Santa Monica, California-based broadband television startup TV4 Entertainment for an undisclosed amount to maintain its standing in the digital-video industry.
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