Following my post about takeover speculation surrounding Eidos, Warner has changed its statement. According to Gamesindustry.biz, the company said: “Warner Bros. notes that it intends to acquire shares in SCi if and when it considers appropriate, subject...

Citing the “uncertain economic climate”, John Riccitiello, CEO of EA, today announced that EA will be reducing headcount by approximately 6% (600 people by our estimates) by the end of March 2009. The redundancies are expected to...

Slightly off-topic, but Huddle is one of my clients. They make collaboration software that is easily available on the web, allowing people to share documents, tasks, workflow and more across multiple sites. The basic service is free,...

Kudos to Kristian Segerstrale and the team at Playfish. Playfish has just secured $17 million in funding from Accel Partners and Index Ventures. This takes the total that the team has raised to $21 million. I have...

According to Develop, Swedish developer Avalanche has just laid off 77 staff following the cancellation of 2 major projects worth $34 million. The company continues to work on Just Cause 2 for Eidos and co-production with Emote...

Yesterday, Eidos altered its standstill agreement with Warner Bros. The agreement, put in place at the time of the April fundraising, stopped Warner from raising its stake in Eidos without permission. Warner is now able to raise...

The world’s biggest bookseller is branching out. Amazon has just bought casual game portal Reflexive in a move that will strengthen its digital distribution expertise and increase its exposure to a market that has essentially eluded it...