LG Electronics has announced Q3 2021 consolidated revenues of KRW 18.79 trillion (€13.9bn), an increase of 22 per cent from the same quarter last year and the highest quarterly revenue in the history of LG Electronics. Profitability also was strong in the quarter but was partially offset by a one-time charge. Operating profit of KRW […]
Video streaming and ad tech supplier Velocix has announced the launch of a cloud-native video analytics platform, called Velocix Analytics, which provides deeper insights into streaming efficiency, audience behaviour, and quality of experience. Velocix’s new server-side analytics platform collects data at each step in the content delivery workflow by tapping into CDNs, origin servers, video […]
According to data presented by the Atlas VPN team, 303,827 individuals’ devices were affected by gaming-related malware and unwanted software between July 1st 2020, and June 30th 2021. Mobile games are also a major threat for gamers; As many as 50,644 users attempted to download 10,488 unique files disguised as the ten most-played mobile games, […]
ABI Research reports that 2020 both accelerated and severely hampered the Virtual Reality (VR) market, and those impacts continue in 2021. Consumer interest in VR grew significantly, while the bubble created around location-based VR—once a significant portion of the total VR market—is now bursting. Interest is slowly returning for public usage in arcades and other […]
Avid has announced a new version of Avid Media Composer | Distributed Processing that significantly speeds up content production by using adjacent computing resources to help creative teams keep up with the increasing demand for new content. Media Composer | Distributed Processing enables editors to focus more on their craft by offloading processor-intensive media creation workflow tasks to any available local computers, freeing up their […]
The first-ever MeteoHeroes video game is on its way. The popular environmentally themed animated kids’ show MeteoHeroes, co-produced by Mondo TV and the leading Italian weather forecasting centre, Meteo Operations Italia (MOPI), has inspired a launch on multiple platforms planned for 2022. The game has been developed in association with some of the biggest and […]
Findings from a survey by immersive entertainment experience specialist Dolby Laboratories suggest that consumers are seeking out better audiovisual experiences and new ways of interacting with friends and family, According to Dolby, it remains clear that consumers continue to want, demand, and are willing to spend more on enhanced experiences, now more than ever. “Despite […]
PlayerLands, the smart, secure e-commerce platform for the games industry has announced the launch of the official PlayerLands website and the beginning of a revolution in PC game monetisation. Founded by Nick Gillett and Alex Booth, PlayerLands empowers PC game server owners (essentially creators of ‘private worlds’ within pre-existing games such as Minecraft, Rust etc.) […]
A report from Juniper Research forecasts that the video games industry will exceed $200 billion (€169.3bn) in value in 2023; growing from an expected $155 billion in 2020. Mobile and cloud gaming will lead this growth, as the
Jon Peddie Research (JPR), the research and consulting firm for graphics and multimedia, reported in its newest gaming market study regarding the PC Gaming Hardware Market, which consists of personal computers, upgrades, and peripherals used for gaming. The market is booming globally due to shelter in place orders as gamers upgrade and buy new PC’s […]