funding Archives

AppWizard

August 1, 2026

The games industry’s ‘fear of risk is currently the largest risk it faces’ according to Nuclear Throne’s producer

The video game industry is experiencing increased pressure due to rising budgets and competition, leading publishers like Xbox to favor safer investments and focus on established franchises. This trend has resulted in significant layoffs and studio closures, marking a challenging period for Xbox. At the DevGAMM Madeira Games Summit, Rami Ismail emphasized the need to reintegrate creativity into game development, as the industry's fear of failure stifles innovation and leads to uninspired games. He noted that successful titles like Peak, Balatro, and Clair Obscur: Expedition 33 thrived due to the authenticity of their creators rather than market trends. The workgroup also highlighted the importance of making early development decisions to avoid wasting resources on unviable projects, citing Sony's struggles with its live-service strategy. Ismail concluded that the industry's fear of risk is its largest risk, as demonstrated by unexpected hits like Meccha Chameleon, which achieved significant revenue.

AppWizard

August 1, 2026

How do PC player demographics change at 50 hours vs. 30 minutes?

GameDiscoverCo newsletter has reached 45,000 subscribers. The Video Game History Foundation launched a ‘history of E3’ collection, including an introductory video, vintage footage, and a podcast. Microsoft reported a decline in Xbox revenue for four consecutive quarters, with Content & Services revenue at approximately .75 billion (down 10% year-over-year) and hardware revenue around million (down 13% year-over-year). Asha Sharma noted over 200 million new players joined Xbox in FY2026, but the business did not grow. PlayStation's PS5 sales reached 95.3 million, with a 1.6 million increase for the quarter but a 36% year-over-year decline. Active PSN users rose to 125 million, and profit surged by 37%. Meta's Reality Labs reported a loss of .6 billion in Q2, despite million in revenue. Slotbound, a roguelike auto-battler game, achieved 50,000 wishlists and 2,900 peak demo concurrent users. Over 1,000 PC games now operate direct channels, saving developers an estimated billion in platform fees in 2025. GameDiscoverCo’s Steam Fan Snapshot data revealed that the average age of players is 31 for Clair Obscur and 25 for R.E.P.O. 37.5% of respondents find games through short-form video, while 27.9% use traditional media websites. Players of ARC Raiders show a strong preference for the Steam Deck, and as playtime increases, console playtime declines.

TrendTechie

July 24, 2026

BitTorrent исполнилось 25 лет. Как программа одного человека изменила интернет и поставила Голливуд в тупик

On July 2, 2001, Bram Cohen announced the operational status of his program, BitTorrent, on a mailing list for peer-to-peer network developers. BitTorrent revolutionized file sharing by segmenting files into smaller pieces, allowing users to download from multiple sources simultaneously and share already downloaded data, which improved download speeds as file popularity increased. Unlike earlier peer-to-peer networks, BitTorrent did not have a built-in catalog, relying on external websites for users to locate torrents. The first major torrent catalog, Suprnova, emerged in 2002, followed by The Pirate Bay in 2003, making the protocol widely accessible. By 2004, BitTorrent accounted for nearly a third of all internet traffic. In 2004, Cohen founded BitTorrent Inc., which acquired the client µTorrent in 2006. The company launched the BitTorrent Entertainment Network in 2007, but it closed in 2008 due to competition from free pirated content. BitTorrent Inc. later explored various technologies but struggled to establish a sustainable business model. The protocol evolved with decentralization features like the distributed hash table (DHT) and magnet links. In 2018, BitTorrent was acquired by the blockchain project TRON for an estimated 0 million. BitTorrent Inc. claims around 54 million active users per month, with additional users on independent clients. Despite a decline in torrent traffic from its peak, the network has been experiencing growth, attributed to rising streaming costs and fragmented content availability.

AppWizard

July 22, 2026

Splitgate studio 1047 Games is laying off more people just a month after releasing its latest game

1047 Games has experienced another round of layoffs, described as the "third wave" by employees on LinkedIn. QA director Igor Krinitskiy and concept artist Jonathan Kuo confirmed their departures due to these layoffs. The studio, known for its hit title Splitgate: Arena Warfare, has struggled with subsequent projects, including the rebranded Splitgate: Arena Reloaded and the recently launched Empulse, which has not achieved significant player engagement and has seen concurrent player numbers on Steam drop below 1,000. Studio CEO Ian Proulx emphasized a focus on gradual growth rather than immediate success.

AppWizard

July 18, 2026

I used videogames to solve my country’s politics: Turns out the answer is ultra-mega-communism

The Labour prime minister of the United Kingdom has stepped down, leading to the anticipated leadership of former Manchester mayor Andy Burnham. A simulation exercise envisions the UK in 2026 under a radical premiership, proposing initiatives like cryptocurrency, subsidized healthy food, and university grants. The legislation of the right to die significantly boosted approval ratings to approximately 43%. A financial crisis led to a state of emergency, allowing for sweeping reforms such as a state postal service and increased NHS funding. The political landscape is divided, with socialists and trade unionists supporting the leadership, while religious conservatives and capitalists oppose it, forming armed factions. The campaign strategy focused on galvanizing the base, resulting in a 70% turnout from supporters and a nationwide turnout of 72%, translating to 30 million votes and 44.7% of the overall vote for the party.

AppWizard

July 17, 2026

Explore a snapshot of a massive million-by-million block Minecraft server

The 1,024,000² 2b2t World Download Project is a significant Minecraft archiving achievement, preserving approximately 13.7 TiB of compressed world data from the 2b2t server, including a million-by-million-block section of the Overworld, and smaller captures of the Nether and End dimensions. It is the largest available Minecraft world download, released via torrent. The project took over a year to develop, involving a team that utilized 28 bot accounts to collect data, resulting in four distinct captures of varying sizes. The project was led by a developer named crayne, with key contributors including Fuch, mahan, and Steve3. The code and documentation are available on GitHub, and the project incurred over ,000 in server rental costs. 2b2t, established in December 2010, is one of the oldest Minecraft servers, known for its unyielding map and challenging environment, having hosted over 1,000,000 players. The creators assert that no AI was used in the project and have licensed their work under CC0 for community accessibility.

AppWizard

July 16, 2026

Another Spiderweb RPG that looks like it was made in 1993 drops on Kickstarter and immediately crushes its goal

Spiderweb Software is remaking the 2005 classic Geneforge 3, now titled Geneforge 3: Detonation. The Kickstarter campaign for the remake exceeded its funding goal within 24 hours, indicating strong support from the fanbase. The Geneforge series consists of five games that explore a world ruled by wizards called "Shapers," who can create life and maintain strict control over their creations. The narrative delves into themes of autonomy and rebellion as some creations exhibit intelligence. Jeff Vogel, co-founder of Spiderweb Software, noted that the original concept of the series was groundbreaking in 1994, attracting long-term fans. The new remake aims to blend nostalgia with modern gameplay.

Tech Optimizer

July 15, 2026

State antivirus revived: “Multiscanner” returns after funding cut

The Russian portal "Multiscanner" has resumed its service for scanning files for malicious software without mandatory registration. It allows users to upload files up to 256 MB in over 30 formats, including DOC, DOCX, PDF, PPTX, EXE, and ZIP. The scanning history is saved in the browser but can be deleted for privacy. "Multiscanner" is compatible with popular web browsers like Google Chrome, Yandex Browser, Firefox, Microsoft Edge, and Safari, but is not available on mobile browsers. The portal was originally developed between 2023 and 2024 and is now managed by the National Technology Center for Digital Cryptography, operating in pilot mode.

AppWizard

July 11, 2026

Star Citizen’s next update will switch focus to fixing its bug-riddled previous update, with bigger changes shunted to a later patch

Star Citizen's Alpha 4.8 update reset the game's universe and introduced new features but also caused a surge of bugs. Cloud Imperium Games (CIG) has reassessed its bug prioritization process, identifying nearly 100 critical issues affecting gameplay, with about 20% already addressed. The development team has temporarily paused work on some features to focus on stability, delaying the Siege of Orison event to update 4.10, scheduled for mid-August. The game has surpassed a billion in player funding, and the single-player component, Squadron 42, is set for a 2026 release.

AppWizard

July 7, 2026

Microsoft needs to “reset Xbox,” says Asha Sharma, as the company lays off 3,200 employees

Xbox plans to reduce its workforce by approximately 3,200 employees by the end of the fiscal year on June 30, 2027, with an initial layoff of around 1,600 positions. CEO Asha Sharma expressed concerns about the company's health and announced a transition of four studios to new management. Xbox is facing financial challenges, operating at margins significantly lower than comparable entities, and the expected growth of Game Pass has not occurred. Compulsion Games and Double Fine Productions will return to independent status, retaining ownership of their intellectual properties. Ninja Theory and Undead Labs will also join new ownership structures. Bethesda is refocusing on its major franchises, and there are no cancellations of first-party games due to these reductions. Compulsion Games and Double Fine Productions expressed gratitude for support during this transition.