AppLovin proposes merger with Unity Software to create a full-stack game development giant

Yesterday, AppLovin (NASDAQ:APP) — proposed a merger with Unity Software (NYSE:U) in an all-stock deal — valuing Unity at $20B. What’s the big deal? Unity Software’s development tools help render 3D graphics — powering 50% of all video games. AppLovin helps developers grow and monetize their mobile apps. Combined, the two could create a $35B…

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Otherside, Yuga Lab’s metaverse world, gives off Fortnite vibes

Last weekend, Yuga Labs, the creators of its NFT project Bored Ape Yacht Club — hosted a demo of their metaverse project, Otherside — and it gives off Fortnite vibes. 4,500 community members tested the demo — showcasing a 4,500 vs. 1 boss fight. Leading up to the demo, Yuga Lab’s token ApeCoin ($APE) rose…

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Gaming acquisitions continue with Joffre Capital taking a major stake in Playtika

Private equity firm Joffre Capital is buying a 20% stake in Playtika (NASDAQ:PLTK) — an Israeli mobile gaming company — from a Chinese investment group. What’s the big deal? The purchase price was at a 46% premium compared to Playtika’s previous day’s closing price. But why pay such a big premium? It’s unlikely Joffre could…

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Chinese gaming giant NetEase falls on Diablo Immortal delay

Yesterday, two things sent China’s second-largest gaming giant NetEase (NASDAQ:NTES) lower: The delay of the highly anticipated China game launch of Diablo Immortal. Winnie the Pooh. What’s the big deal? China was expected to be the biggest market for the game — co-developed by NetEase and Activision Blizzard. NetEase is pushing the release to “optimise…

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The gaming industry is consolidating and there are similarities with streaming

While heavy-weight streaming services, Netflix and Disney+, fought for your attention over the weekend, the real threat lies in another dimension… Gaming. Gen Zs spend the most leisure time on gaming, and the majority are willing to spend money to play — stats that have caught the attention of tech and entertainment giants. Turning the…

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Move-to-earn: The next iteration of crypto-gaming pays users to exercise

Gaming has been one of the most prominent crypto applications — creating new gaming models. Axie Infinity popularized the concept of play-to-earn — earning crypto tokens for playing a game. Here’s where innovation is taking us next… The next iteration of crypto-gaming: move-to-earn …letting players earn crypto tokens for exercising. With over 300K users, STEPN…

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Microsoft buys the dip by acquiring Activision

Yesterday, Microsoft acquired Activision for $68.7B — sending its stock up 26%. What’s the big deal? This is the largest gaming acquisition ever — 5x more than the next largest by Take-Two acquiring Zynga last week for $12.7B. This may be one of the best outcomes for Activision investors amid sexual harassement lawsuits and employee…

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Take Two acquires Zynga in the mobile gaming gold rush

Gaming giant, Take-Two Interactive (NASDAQ:TTWO), is acquiring mobile game developer, Zynga (NASDAQ:ZNGA), for $12.7B — 64% higher than its previous day’s trading price. What’s the big deal? The mobile gaming industry is growing rapidly — and game makers are investing heavily into mobile gaming with large acquisitions. This deal is one of the largest gaming…

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Crypto reinvents gaming with play-to-earn model

For years, crypto struggled to be anything but a speculative investment. But that’s changing as crypto entrepreneurs combine crypto with breeding digital monsters — and letting users get paid for it. Play-to-earn (P2E) games became one of the biggest crypto trends of 2021 — seeing a rush of investor interest and soaring token prices. Every…

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Activision Blizzard in free fall from PR nightmares and slowing growth

Activision Blizzard is in the middle of a company crisis — but investors have reasons to believe these are short-term issues. What’s the big deal? In February, nearly every sector benefiting from COVID took a hit — including gaming stocks. But one of the largest gaming creators, Activision Blizzard — owner of hit franchises like…

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