Pioneering Dundee-based computer games company Realtime Worlds has gone into administration.
The company, which was founded by the creator of Lemmings and Grand Theft Auto, is based in a former jute mill in the city.
It employs about 250 people and was seen as one of the biggest players in the global computer games market.
Its newest title, online role-playing game APB, launched a few weeks ago but has experienced "lacklustre" demand...
Microsoft announced its financial results for Q3 of fiscal year 2026, including an update on its gaming Xbox business and more.
Not looking good. Hopefully Asha Sharma is able to turn Phil’s disaster around.
To me it's still quite remarkable how they can cash-in 5.3bn in revenue in a single quarter, since their hardware is basically dead.
The stock mark is what makes Microsoft remarkable, They have convinced every institutional and retail investor to just keep piling money into them. Like many big tech giants they are just a big growing pyramid scheme. As long as people keep dropping money into ETF's that cover the market Microsoft will always be liquid. At the same time it is completely stifling innovation and competition. People need to start being more discreet in how they invest their money as it's killing the system.
Riiiiight because people will just flock back to them for one or two games per year.
15+ years of bad performance is what they call irreparable in business. It is time for them to sell off the assets and get out of entertainment.
These declines are on the back of extra revenue received from releasing games like Forza horizon 5 on PlayStation. So I’m being sarcastic here when I said they should go back to exclusives. Killing off a revenue stream from Ps5 sales will only make things worse
Thanks to the slip-up of an artist working on the title, we now have more evidence that a new Injustice game is in the works.
Spiders: "We're going to cut straight to the chase so you're not left wondering: After a long period without clear answers, we have received confirmation that Spiders is being liquidated.
What does it mean? This means the company as a whole no longer exists. We'll cease our functions immediately. The planned DLC will release via Nacon, and then-- well, that's it.
We're sorry that it's come to this and would like to thank each and every one of you for your support over the years.
If you have any questions or run into issues with your games, please contact Nacon directly as we'll no longer be able to reply."
I like the game but can't play it to its full potential because of the lag. I have a realtek sound card which makes the game lag bad.
What a shame the first crackdown was made by these guys ms buy this dev.
Making MMOs is a high risk-reward business. If you don't have lots of cash to hemorrhage if your game doesn't do well, either be prepared to close up shop after you release it or don't bother starting. I think too many companies thought 'We could have the next WOW and be rich!' without properly assessing the business risk. Too bad because sometimes these companies have great franchises in their past that they could be working with.