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Google's investments arm has reportedly put an estimated $3-5 million in funding into profitable iOS game developer Ngmoco, a move that may be linked to recent steps by Google itself in the direction of the mobile and social gaming space. Ngmoco, creat...
posted by posterbot filed under Uncategorized
The social gaming space, whether on Facebook, mobile or a dedicated website, is growing fast. While that growth can be promising for young companies with great ideas, it also means that the market is getting even more crowded than it already is. That c...
posted by posterbot filed under Uncategorized
Google is talking to "several" developers in the social gaming space about the creation of a social network that would rival the 500 million-strong Facebook, The Wall Street Journal reported Wednesday. The report cited multiple anonymous sources close ...
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Viacom subsidiary MTV Networks announced its acquisition of social games developer Social Express, a purchase the company points out is its first step into the burgeoning social gaming space. MTV Networks is currently developing social games based on o...
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Electronic Arts aggressively moved into the social gaming space with the $300 million acquisition of Playfish in 2009, but Call of Duty publisher Activision Blizzard said it's focused on expanding existing businesses rather than jumping into the Facebo...
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[As the social gaming space evolves and networks like Facebook begin to take the reins as true gaming platform-holders, what could it mean for virtual currency, and for the firms that sprung up in the big rush?] One major driver in huge rush to social network gaming was the tremendous opportunity in microtransactions revenue from the sale of virtual goods. But now that massive networks like Facebook are becoming platform-holders unto themselves -- and implementing ...
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Ogmento, a New York-based augmented reality gaming company, said Wednesday that it closed a $3.5 million series A funding round to expand its efforts in the augmented reality gaming space. A rep for the company said that it's the first time that an augmented reality gaming company has received venture funding. Ogmento said it would use the funding to build its development teams in New York and L.A., and plans on releasing "several game titles ...
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Facebook has overshadowed MySpace in the social gaming space, but the new MySpace Games Lab aims to make the network more inviting to social game developers. MySpace on Friday introduced the MySpace Games Lab pilot program, which MySpace co-president Mike Jones said is "dedicated to bringing third party developers into our offices to drive collaboration and facilitate great user experiences." MySpace hopes to attract more developers to its network and make the environment more game-friendly ...
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