Tag: video games market

Steam Breaks Record with 36M Concurrent Players This Week

All News, Gaming / By Giz / video games market, Steam Gamers, Gaming Platform

Steam, a widely used digital platform created by Valve Corporation, serves as a hub for purchasing, downloading, and playing video games while offering additional features like matchmaking and community engagement. Despite its longstanding presence, Steam continues to set new user records with a recent surge in online activity leading to three consecutive weeks of peak concurrent […]

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Game Dev Outlines Promising Future Updates for Palworld

Palworld Game Developers Tease Exciting Updates

All News, Gaming / By Giz / video games market, Palworld, future updates, game development

Palworld: Rapid Evolution Amidst Remarkable Sales Growth Palworld, the sensation captivating the gaming world, is not only shattering sales records but also undergoing continuous evolution. Within a mere five days of its debut, a staggering seven million copies were sold, surpassing all predictions. Yet, alongside this triumph emerge challenges. The Palworld team grapples with issues spawned

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Exciting Developments at CD Projekt Red with the Arrival of New Witcher Games

All News, Gaming / By Giz / video games market, CD Projekt Red, Witcher

CD Projekt Red, the game development company known for the popular Witcher series, is embarking on a new and ambitious project. The company's joint CEO, Adam Badowski, recently announced that they are working on a new trilogy within the Witcher universe, titled "Polaris." This endeavor will involve a team of approximately 400 individuals, with plans to

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China reconsiders its stance on video games market following an $80 billion downturn

All News, Gaming / By Giz / China, video games market, $80 billion slump

China’s Gaming Stocks Plunge After Announcement of New Draft Rules Last week, China’s video games regulator announced new draft rules for online games, which has resulted in a massive meltdown in gaming stocks. The sudden and unexpected announcement has caused a significant decline in the market, with several gaming companies and platforms experiencing substantial losses. Limiting

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