Microsoft has formed a joint venture with BesTV to launch a new games console offering streaming entertainment services in China. The companies outlined the operation in a note posted on the Shanghai Stock Exchange, saying it will launch with an initial investment of $237 million. BesTV will hold a 51 percent stake in the venture […]
The world’s largest contract electronics manufacturer has admitted to hiring underage employees against national labor policy
Vickers Venture Partners recently revealed a $3 million investment in American McGee’s China-based studio Spicy Horse, the casual games maker teaming with the Shanghai office of PopCap for the first title within the new deal. The upcoming game is expected to be 3D online title, although little else is known at this time.
Activision has already made headlines earlier this week when they revealed that they were canning both the Guitar Hero and True Crime franchises in favor of deeper focus on the digital space and their main franchises. More details on the restructuring plans of the industry’s largest publisher have been steadily coming through the cracks since, […]