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Diluted EPS beats high end of guidance by $0.03 Company declares $0.275 quarterly dividend

/PRNewswire/ — Taomee Holdings Limited (NYSE: TAOM) (“Taomee” or the “Company”), one of the leading children’s entertainment and media companies in China, today reported its unaudited financial results for the first quarter ended March 31, 2013.

A DARLINGTON gaming accessories firm will create at least 50 jobs after a £10m investment from a US audio company. Lygo International has been bought by Turtle Beach, a New York industry leader in headsets for Sony, Nintendo and Microsoft.

Perfect World LOGO. (PRNewsFoto/Perfect World Co., Ltd.) BEIJING, May 20, 2013 /PRNewswire/ — Perfect World Co., Ltd. (NASDAQ: PWRD) (“Perfect World” or the “Company”), a leading online game developer and operator based in China, today unveiled its new 3D

TAIPEI, Taiwan, May 17, 2013 /PRNewswire/ — GigaMedia Limited (NASDAQ: GIGM) (“GigaMedia”) today announced preliminary first-quarter 2013 consolidated financial results were in line with guidance and rescheduled the company’s first-quarter 2013 investor call to

Crystal Horse’s eighth investment in a Malaysian startup Nexx already profitable, new funds to be used to market upcoming titles SINGAPORE-based Crystal Horse Investments Pte Ltd said it will be pumping US$250,000 in seed funding into Kuala Lumpur-based iOS games development and publi

Share Tweet Share Google will shut down the Games section of Google Plus on June 30 to make way for Google Play game services, the company announced yesterday.

Ubisoft have posted first quarter results of €175 million compared to €161 million in 2012, representing an increase of 8.7%. For the full fiscal year, revenues from core gamers totaled €928 million, up 60% year on year.  The increase was fueled by record-breaking sales for Assassin’s

Next-generation platforms from Microsoft and Sony will offer a “major leap in quality,” according to Ubisoft CEO Yves Guillemot. Speaking today during the company’s latest earnings report, the executive shared high hopes for the upcoming systems.

By Paul Mozur BEIJING–Tencent Holdings Ltd. (0700.HK), China’s largest listed Internet company, said Wednesday that its first-quarter net profit rose 37% on strong revenue growth from online games.

Disney (DIS) registered overall revenue growth of close to 10% in Q2 fiscal 2013, which is impressive for a company of its size. [1] It primarily operates in the mature market of North America, which accounts for three-fourths of its total revenues.

Share Tweet Share Angry Birds maker Rovio Entertainment will soon begin publishing third-party mobile games under its new Rovio Stars initiative, the Finnish company announced today.

Retailer’s general manager of digital distribution Steve Nix departs company for position at investment firm.

Asiasoft announced $15.7 million online games revenues in Q1 2013. Mr. Kenny Goh, Chief Financial Officer of Asiasoft Corporation Public Company Limited announced that Q1 revenues are up 12% on the same period in 2012. Net profits for Q1 at $1.74 million, are down 29% on last year, pr

Square Enix have posted a loss of ¥13.7 billion ($134.8m) for the fiscal year ended March 31, 2013. This is a substantial year-on-year decrease from the ¥6 billion profit posted in 2012. According to the games publisher, the “under-performance” of  key titles such as Tomb

Samsung Ventures, the venture capital arm of the Samsung Group, has invested in Ubitus, a Taipei-based company of cloud gaming solutions. Ubitus said that is has raised over $15 million cash from multiple international investors including Samsung Ventures for further spearheading the

Take-Two Interactive Software reported $299.5 million games revenues in Q1 2013. This compares to $148.1 million for Q1 2012. The largest contributors to net revenue were the release of BioShock® Infinite; catalog sales led by Grand Theft Auto® IV, Red Dead Redemption® and Sid Meier’s

GUANGZHOU, China, May 13, 2013 (GLOBE NEWSWIRE) — China Mobile Games and Entertainment Group Limited (“CMGE” or the “Company”) (Nasdaq:CMGE), a leading mobile game company in China, announced that it will soon release ‘War Valley,’ ‘Xian

HANGZHOU, China, May 13, 2013 (GLOBE NEWSWIRE) — Sky-mobi Limited (“Sky-mobi” or the “Company”) (MOBI), a leading mobile application store and mobile social network community operator in China, today announced unaudited financial results for the fourth qu

Yahoo has acquired mobile gaming company, Loki Studios, taking its total acquisitions this month to four. Loki Studios which was co-founded by students from Stanford University, is focused on “combining engaging game design with the features unique to the next generation of mobile dev