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Posts tagged business-news

Perfect World reorganizes its R&D branches

Chinese gaming giant Perfect World Co. has issued a statement declaring a restructuring of research and development teams and the subsequent formation of five new subsidiaries. Says the press release, The structure of forming new subsidiaries that are majority-owned by Perfect World is aimed to he...

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Rumor: BioWare San Francisco shuts down

According to GamesRadar's unnamed sources, BioWare San Francisco has reportedly been shut down as of today, resulting in the layoffs of 25-30 employees associated with the studio. The studio formerly known as EA2D was responsible for the Dragon Age Legends Facebook game and the browser-based M...

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GamersFirst sees a management shakeup

GamersFirst is in the minds of gamers for its successful relaunch of APB: Reloaded, which went from a lightning-fast shutdown to a successful free-to-play title. The company is also developing new games based on original IPs for future release. But there's some rumbling going on behind the scenes...

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APB retail edition to hit store shelves tomorrow [Updated]

Would you buy a box set for a free-to-play game? It might seem like an odd question, but GamersFirst is hoping that the answer to that question is "yes" once you see what's being offered with the APB: Reloaded boxed edition. With a suggested retail price of $29.99, the box is set to go on sale st...

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Nexon looking to purchase Freestyle developer

Do you like street basketball? It certainly seems like the folks at Nexon do, seeing as how the company is in talks to purchase the developer of Freestyle. The rather unique street basketball MMO is developed by South Korean company JCE, and Nexon is currently in meetings with the company's major...

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Icarus announces company restructuring [updated]

Icarus Studios, developers of the post-apocalyptic science fiction MMORPG Fallen Earth, today announced an immediate reorganization of company resources and staffing. "While this is a challenging step for us, the steps were taken to maintain the growth, continued development and profitability ...

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