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Survey: 24% of Internet Users Are Social Gamers

Seattle - More than 24% of U.S. and U.K. Internet users say they play social games regularly, making for a total of approximately 100 million social...

Game Publisher Activision Lays Off 200; Shutters Studio

Santa Monica, Calif. - Video game publisher Activision Blizzard (NASD: ATVI), a unit of Vivendi, has laid off around 200 employees and will shutter is Luxoflux development...

Report: U.S. Video Games Sales Dip 13% in January to $1.2B

Port Washington, N.Y. - U.S. video game sales totaled $1.17 billion in January, down 13% from the same period a year ago during a typically slow...

Report: Microsoft in Talks to Buy Social Gamer CrowdStar

New York - Microsoft (NASD: MSFT) is one of several companies in talks to acquire CrowdStar, a creator of social games for Facebook, Bloomberg reported, citing two...

Social Games Publisher Zynga Acquires Serious Business

San Francisco - Social games publisher Zynga, the creator of titles including "Mafia Wars" and "FarmVille," announced on Thursday that it will acquire Serious Business, a developer...

Break Media Acquires Gaming Website FileFront

Los Angeles - Break Media, a network of entertainment sites targeting young men, announced on Thursday that it has acquired FileFront, a publisher of video game...

Video Game Rental Firm GameFly Files for $50 Million IPO

Los Angeles - GameFly, the operator of an online video game rental service, on Wednesday filed with the SEC for an initial public offering of shares...

Brazilian Mobile Games Publisher MusiGames Nabs $1.5 Million

Recife, Brazil - MusiGames, a publisher of music-based mobile games in Brazil, has raised $1.5 million in funding and grants, MocoNews reported. Investors included Criatec Fund, FINEP/Facepe...

Tapulous Releases "Riddim Ribbon" iPhone Music Game

Palo Alto, Calif. - Tapulous, developers of the "Tap Tap Revenge" music-based games for Apple's iPhone and iPod touch, have released a new game, "Riddim Ribbon," with...

Aussie Man to Pay Nintendo $1.3M for Pirating Wii Mario Game

Sydney - An Australian man has agreed to pay Nintendo $1.3 million in damages and reimburse $87,000 in legal costs, as part of a settlement reached...