Alan Wake and Control developer Remedy has entered into a €15m convertible loan agreement with technology conglomerate Tencent. This type of loan is an agreement that can be converted into a predetermined number of equity shares at a later date.
Tencent’s loan is still to be approved by Remedy’s Extraordinary General Meeting, which is scheduled to be held by 24th October. Following its approval, Tencent will “have the right to convert the loan into new Remedy shares in accordance with the terms and conditions of the convertible rights” three years after the drawdown.
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Read moreRed Candle Games, the developer behind critically acclaimed horror titles Detention and Devotion, has announced its equally well-received Sekiro-inspired action-platfomer Nine Sols is coming to Xbox, PlayStation, and Switch on 26th November.
Nine Sols, which released on PC back in May following a successful crowdfunding campaign, casts players as the cat-like Yi, as he embarks on a quest of vengeance through a dark fantasy world, melding sci-fi and Eastern mythology. His goal is to eliminate the realm’s formidable rulers – the nine Sols of the title – and unravel the mysteries of an alien race.
In gameplay terms, Nine Sols combines elements of a Metroidvania – insofar as it features a vast interconnected world, albeit one you’ll largely be exploring in a line…
Read moreAfter a succession of leaks, Meta has officially unveiled its lower-priced Meta Quest 3S headset line-up, which launches on 15th October.
Meta Quest 3S starts at £289.99/$299.99 USD with 128GB of storage, but there’s also a 256GB option priced at £379.99/$399.99. To put that into context, the 128GB Meta Quest 2 weighs in at around $199.99, and the 128GB Quest 3 now costs $429.99. However, Meta has confirmed it’s phasing out Quest 2, the Quest Pro, and the 128GB version of Quest 3 – leaving just the 512GB Quest 3 (now slashed by $150 to $499.99) as an alternative.
As for specs, the Meta Quest 3S’ innards are similar to those of the Meta Quest 3, and the inclusion of the same Snapdragon XR2 Gen 2 chipset means it’ll be able to play previously Quest …
Read more Nintendo’s Shigeru Miyamoto has stated the company would “rather go in a different direction” when it comes to using AI.
In an interview with the New York Times, Miyamoto discussed the importance of originality for the company and what makes Nintendo special, using AI as an example.
“It might seem like we are just going the opposite direction for the sake of going in the opposite direction, but it really is trying to find what makes Nintendo special,” said Miyamoto. “There is a lot of talk about AI, for example. When that happens, everyone starts to go in the same direction, but that is where Nintendo would rather go in a different direction.”
The Legend of Zelda Echoes of Wisdom — Into the Still World, a Journey Continued — Nintendo Switch
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Read more Threads of Time is a newly revealed retro style RPG described as a spiritual successor to the Square Enix classic Chrono Trigger.
The game was shown today by Xbox at the Tokyo Game Show, and is being developed by Canadian studio Riyo Games.
This is the studio’s first game, though its developers have experience from Shovel Knight, Fortnite, Deltarune, and Tomb Raider. What’s more, development has been aided by “legendary developers and composers” from the Xenoblade Chronicles and Mana series.
Threads of Time | Official Announce Trailer | TGS 2024
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Read moreThe end is in sight for The Simpsons: Tapped Out, EA’s long-running and hugely successful free-to-play city builder. The publisher has announced it’s removing the mobile game from app stores this October, some 12 years after its initial release.
The Simpsons: Tapped Out launched for iOS and Android back in 2012, challenging players to rebuild Springfield after Homer Simpson’s negligence causes a nuclear meltdown. By 2014, it had generated over $130 million in revenue, and it’s continued to receive updates since then.
But 12 years on, development is officially coming to an end – a decision EA called an “emotional one” in statement shared on The Simpsons: Tapped Out’s official Facebook page.
The Simpsons: Tapped Out – NOW AVAILABLE!
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Read more An Ubisoft investor has written an open letter to the company to express their “deep dissatisfaction” with its performance and strategic direction, urging the board to consider taking the company private.
The letter, from Juraj Krupa of Slovakian hedge fund AJ Investments and Partners, follows a second fall in Ubisoft stock in under two weeks: it dropped by 10 percent two days after the release of Star Wars Outlaws and, this week, has fallen by a further 7.1 percent.
Krupa, a minority stakeholder in the company, provides a detailed valuation of Ubisoft, as well as concerns about its future and a proposal for change (thanks GamesIndustry.biz).
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Read moreFollowing Ubisoft’s decision to shut down The Crew’s servers earlier this year – a move made even more controversial when it began revoking players’ licensing to the game – the publisher has announced plans to prevent other entries in the open-world racing series from suffering a similar fate by retroactively introducing offline modes.
Ubisoft began delisting The Crew from digital storefronts last December, announcing it would be permanently shutting the game’s servers down on 31st March this year. Unfortunately, its always-online nature meant players didn’t just loose access to The Crew’s multiplayer elements when the day came – all its single-player content became unavailable too.
The controversy surrounding Ubisoft’s decision led to revitalised discourse …
Read moreHigh-profile streamer Guy “Dr Disrespect” Beahm has returned to YouTube – two months after admitting he exchanged “messages with an individual minor” that “leaned too much in the direction of being inappropriate” – accusing critics of a “planned and coordinated attack”, and asking, “Did any of you consider [they] may have been over the legal age of consent?”.
Beahm admitted to conduct that “leaned too much in the direction of being inappropriate” with a minor back in June, after Twitch’s former account director of strategic partnerships, Cody Conners, claimed an unnamed person had been banned from the streaming platform “because [he] got caught sexting a minor”. Those allegations were later directly linked to Beahm by The Verge when the publication spoke with t…
Read more Star Wars Outlaws director Julian Gerighty has confirmed a patch is coming “maybe in 10 days” to address the game’s “unfair” and “incredibly punishing” insta-fail stealth sequences.
In an interview with GamesRadar+, Gerighty admitted that whilst the team had intentionally designed the sequence to build “tension”, it “just [didn’t] want it to feel unfair. And today, I think it feels unfair”.
“This is more of something that crept in in the last week or so and that we’re correcting already for a patch that’s coming out maybe in 10 days,” he added.
Star Wars Outlaws Makes You Feel Like A SCUMBAG – And I Love It.
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