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LuckyLabs closes $3.5m for casual pastimes

LuckyLabs, an online game company founded by serial entrepreneur Steven Kane, has raised $3.5 million in venture capital.

Media reports: Zynga buys Wild Needle in $3.8m deal

Zynga has acquired Wild Needle, a developer that specialized in casual games for women, according to media reports.

GameStop offers prepaid cards for semi-competitor Valve

GameStop has begun selling prepaid cards for Valve, the hugely popular games platform seen by many as a competitor.

App Center will broaden Facebook's revenue base

Facebook today unveiled its own App Center, a move that will broaden its revenue base as it prepares for its floatation.

Storm8 exceeds 100 million device in its gaming network

Storm8 now has 100 million mobile devices in its private network of gamers and plans to double its employee numbers to accommodate its growth.

DEV invests money and expertise in StageIt and Mad Humans [with...

Digital Entertainment Ventures, the early stage capital and management counsel firm formed by Alan McGlade and Michael Yang, announced StageIt and Mad Humans are among its first investments.

Two of the three most-funded Kickstarter projects use Moai[with video]

The three most-funded Kickstarter projects are games, and two of them were developed using Moai Platform from Zipline Games.

Report: Live TV still dominant, but other viewing grows [with chart]

In its new study on how Americans watch video content, Nielsen found that 98 percent is still on traditional TV set but that other options are growing.

Gree buys Funzio for $210M, expanding reach and scope [with earnings...

Gree, the Japanese mobile social game leader, announced it has acquired developer Funzio Inc. for $210 million in cash, as well as new exclusive distribution deals with CrowdStar and iWin.

Bushnell's stealth startup Oomba making acquisitions

Stealth startup Oomba Inc., the virtual goods exchange platform co-founded by game legend Nolan Bushnell, has acquired "Xeko," the defunct collectibles game about endangered animals, and game startup Play140.