Swedish developer Grin has gone bust. On its website, the company ascribed its woes to “too many publishers have been delaying their payments, causing an unbearable cashflow situation.” Grin is best known for Ghost Recon Advanced...

Are we really seeing a dearth of venture capital money? There’s still plenty of venture capital firms around, but why aren’t they spending? Most VC funds have a seven-ten year cycle. They raise money from limited partners,...

  Every so often, when I get weary of the Internet, I go back to YouTube and watch the video embedded above. It cheers me up without fail. Every time. And it gives me heart that the...

The first quarter results for the three major platform holders make grim reading and explode the myth that console-based gaming is recession-proof. Microsoft annual revenues from the Entertainment and Devices division were down 5% ($8.20 billion year...

Revolution, the developer of classic adventure gaming franchise Broken Sword, has launched a new handheld division. Revolution Pocket will focus on “iPhone, iPod touch, Android, PSP Go, DSi Shop and others”. I’m a strong believer that “casual”...

Why are the platform holders (Sony, Microsoft, Apple, Nintendo) so coy about releasing hard numbers about units sold for their platforms? We are working in the great unknown here. Developers and publishers are trying to make investment...

A recent survey by commissioned by PlaySpan and reported by GigaOm says that 12% of Americans have spent real-world money on virtual goods in the last 12 months. There are some interesting takeaways: The biggest categories of...