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Universal Licenses Songs for Conduit Labs Social Music Games
New York - Universal Music Group announced on Tuesday that
it partnered with social music gaming firm Conduit Labs, to provide players of
games like "Music...
Armchair Revolutionary Debuts Crowdsourced Web Activism Site
Los Angeles
- Armchair Revolutionary on Tuesday launched a beta version of its Web-based
social action service, which aims to fund science and technology projects
through microfinancing...
India's Reliance Buys 50% Stake in Game Studio Codemasters
Mumbai, India - India's Reliance Big Entertainment
announced on Monday that it has acquired a 50% stake in U.K.-based game
developer Codemasters.
Financial terms of the transaction...
Online Game Developer Tiny Speck Lands $5 Million
San Francisco
- Tiny Speck, an online game development studio founded by Flickr co-founder
Stewart Butterfield, has raised $5 million in its first round of funding,
GigaOM...
Social Network hi5 Raises $23 Million
*Update: The company tells DMW that it has not raised $23 million in new financing, and that the filings mentioned in the linked article...
Social Games Developer Hangout Industries Gets $2 Million
Boston
- Hangout Industries, a Boston-based developer of online social gaming services
for children, has raised $2 million in venture debt, according to a new filing
by...
Playdom Acquires Argentine Game Developer Three Melons
Mountain View,
Calif. - Playdom, a developer of
social games for Facebook and MySpace, said on Wednesday that it has acquired
Argentina-based online game developer Three Melons.
...
Sony to Nix Linux Installation Option on PlayStation 3
Tokyo
- Sony (NYSE: SNE) plans to disable the ability for its PlayStation 3 game console to run
Linux or other operating systems in a firmware...
Chinese Online Games Firm Perfect World Buys C&C Media
Beijing
- Perfect World (NASD: PWRD), a Chinese developer and operator of online games, announced on
Friday that it will acquire Japanese online game operator C&C Media...
Secret Builders Gets $2.3 Million for Educational Virtual World
San Mateo,
Calif. - Secret Builders, the
developer of an online virtual world with educational games, has raised $2.3
million in new funding, VentureBeat reported.
Backers include The...