GameFly has acquired ShackNews, according to a post on ShackNews website. GameFly is an online game rental service that allows members to rent console games with no charges or late fees, just as LoveFilm does for movies....

Develop reports that German developer Crytek has acquired the business and assets of Free Radical from the administrator, saving 43 jobs. The fact that Free Radical owned the intellectual property to some of its games must have...

Following its acquisition of Reflexive last year, Amazon has launched its own games download portal. Amazon’s games download service, which is in beta and currently appears to be available only in the US, offers a range of casual,...

According to TechCrunch, Quick Hit has raised $8 million to fund the development of a free Flash-based football game. (That’s American football, not soccer.) The company has raised a total of $13 million to date (a Series...

Four pieces of data/rumours in the last week have pointed to the iPhone’s emergence as a meaningful gaming platform. The Equity Kicker reports that the top-selling technology book last week was Beginning iPhone Development, ahead of a...

Brighter Minds, publisher of indie-hit World of Goo, has filed for Chapter 11 protection. The company focuses on family-friendly titles and is publicly traded on the TSX Venture Exchange (TSX: BRI.V). The company is a portfolio company...

PocketGamer has been picking up a growing story that Apple plans to launch a premium AppStore. The story seems to be gaining traction with a number of other sites (such as IGN Wireless and Slide to Play) getting...