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Medium

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The Gaming Investment Rebound: What 2024’s $17.5B in Deals Tells Us About the Future

  • Total gaming investments and M&A deals in 2024 reached $17.5 billion, up 39% in value and 16% in deal volume compared to 2023.
  • Investments in early-stage game studios are slow, while mega-acquisitions are driving M&A values up.
  • Private equity is emerging as a significant force in gaming investments.
  • AI-driven gaming investments are on the rise, indicating a potential breakout moment.
  • Although M&A surged in Q4 2024, it was largely driven by two significant deals, not broad industry recovery.
  • Private equity firms are aggressively acquiring gaming businesses for long-term revenue generation.
  • Investments in AI and blockchain gaming infrastructure are growing, focusing on efficiency and value creation.
  • AI and blockchain gaming investments are crucial for the industry's future in proving their value to players and studios.
  • Gaming companies are shifting towards profitability and proven models in their investment strategies.
  • 2025 is expected to redefine the gaming industry landscape with selective investments and focus on profitability.

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XCOM's creator wants to know where XCOM 3 is just as badly as you do: 'I'm sure there's an audience for it'

  • The creator of XCOM, Julian Gollop, is waiting for XCOM 3 along with fans.
  • Gollop mentioned that strategy games, including XCOM, still belong to the niche market.
  • He highlighted the innovation and interesting work in strategy from smaller indie games like Factorio and Tactical Breach Wizards.
  • While there are games with XCOM-style gameplay, like Jagged Alliance 3 and Warhammer 40k Rogue Trader, XCOM 3 has yet to be released.

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Insider

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The résumé and cold reach-out template a Googler used to land a software engineering job

  • Software engineer Goutam Nair credits networking and a focused résumé for landing his job at Google.
  • Nair shared his résumé and cold reach-out template he used to connect with recruiters.
  • Emphasizing relevant projects and quantifying impact are essential in a résumé.
  • Nair advises conveying impact in results and numbers to showcase achievements effectively.
  • Keeping résumés brief, using action verbs, and listing relevant skills are key.
  • Nair suggests staying honest about skills to avoid complications during interviews.
  • Networking played a crucial role in Nair's job search process.
  • He engaged in cold reach-outs to hiring managers, recruiters, and others to explore job opportunities.
  • Nair's successful networking approach emphasized brief, targeted communication.
  • Preparing for technical interviews, Nair focused on problem-solving skills and understanding the core principles.

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HRKatha

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Chinese firm’s strict two-minute restroom rule sparks controversy

  • A Chinese manufacturing company has introduced a two-minute restroom time limit policy, which has faced widespread criticism.
  • The Three Brothers Machine Manufacturing Company in Foshan, Guangdong, has designated specific time slots for employees to use the restroom and penalizes those who exceed the limit.
  • The company justifies the policy by citing traditional Chinese medicine and claims it promotes employee health and efficiency.
  • The policy includes surveillance cameras, fines for violations, and requires prior approval for employees with medical conditions.

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Innersloth announce Among Us 3D by kicking Among Us VR into a crusher

  • Innersloth and Schell Games have announced Among Us 3D, a non-VR version of the popular social stealth sim.
  • Among Us 3D will have a demo in Steam Next Fest and will feature immersive gameplay in a 3D environment.
  • The game will support native proximity voice chat and crossplay functionality with VR users.
  • After launch, the game will introduce more modes, tasks, collaborations, hats, and limited-time events.

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Medium

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Inside Gaming’s Crossroads: Record Revenue, Mass Layoffs, and High-Stakes Bets

  • In 2025, the gaming industry faces a crossroads despite a $187.7 billion global revenue, with mobile games leading at $92.5 billion but accompanied by over 14,600 job losses due to studio closures and market changes.
  • Major players like Supercell, Ubisoft, Tencent, and Epic Games are adapting differently, with strategies ranging from reviving old hits to navigating geopolitical challenges and challenging dominant platforms.
  • Questions arise about whether the gaming industry has reached a pivotal point, signaling a shift from traditional practices like costly launches and reliance on major franchises to survive and adapt to changing dynamics.
  • While some studios like Supercell have shown resilience and innovation, others like Ubisoft face revenue declines and heavy reliance on flagship titles like Assassin’s Creed Shadows for stability.
  • Tencent, a dominant force in gaming, is facing challenges amid regulatory crackdowns, blacklisting, and increasing competition, prompting diversification efforts into AI and cloud gaming.
  • Concerns about game discovery being fundamentally broken in 2025 are raised, with solutions like Playable Discovery aiming to redefine how players find and try games beyond traditional methods.
  • Mobile gaming is undergoing a transformation as traditional business models reliant on ads and user acquisition face obstacles from privacy laws and player dissatisfaction, leading companies like AppLovin to pivot.
  • Blockchain gaming, exemplified by Immutable Holdings’ focus on NFTs and Web3, introduces potential but also faces risks from market volatility and regulatory uncertainties.
  • Overall, the gaming industry is evolving and those who adapt to the shifting landscape may thrive, while those who resist change could struggle to survive in the dynamic market.
  • Understanding the industry's dynamics is crucial for developers, publishers, investors, and everyone interested in the future of gaming to navigate these transformations effectively.

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HRKatha

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Fulcrum digital plans workforce expansion amid AI growth push

  • Fulcrum Digital plans to expand its global workforce to 3,000 employees within the next two years.
  • The company aims to grow its AI agents to 10,000 by 2025, with a current count of 170.
  • Fulcrum Digital sees significant opportunities for AI-driven solutions in finance, insurance, manufacturing, and logistics.
  • The company is focused on building an AI-first workforce and upskilling existing employees.

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HRKatha

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LIC employees in J&K stage walkout over recruitment issues

  • Employees of LIC in Jammu and Kashmir stage a one-hour walkout strike.
  • Protest led by AIIEA over recruitment and workforce shortage concerns.
  • Significant decrease in LIC employees over the past seven years.
  • Demands for proper recruitment and recognition of AIIEA remain unmet.

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Medium

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Winter is Coming…

  • Deepseek challenges the assumption that progress depends solely on enormous budgets and proprietary development, leading the U.S. to reconsider its approach to nurturing innovation in closed systems.
  • China's open-source model in AI development is accelerating knowledge transfer, providing a strategic advantage over closed U.S. systems.
  • A shift towards isolationism in the U.S. AI ecosystem is weakening its global position, necessitating a strategic rethink to compete globally.
  • Collaboration, openness, and ecosystem thinking are crucial for fostering breakthroughs and staying competitive in AI.
  • The U.S. AI ecosystem needs to centralize resources, embrace collaboration, and replicate the decentralized innovation approach seen in past successful projects like the moon landing.
  • Partnerships like Aidas and Allbirds showcase the power of ecosystem collaboration in driving innovation towards sustainable products.
  • Leveraging universities and decentralizing problem-solving can advance AI innovation in the U.S., as seen in initiatives with California State University and OpenAI.
  • Mobilizing businesses across sectors for AI development through public-private partnerships can address talent shortage and stimulate economic growth.
  • Empowering universities and the workforce through large-scale AI adoption and cross-sector mobilization can build a future-ready talent base.
  • Strategic alliances over rivalries can lead to ecosystem-wide advancements in AI development.

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Insider

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Why famed investor Charlie Munger once told Costco it's important to 'stick to our knitting'

  • Charlie Munger, former board member of Costco, advised the company to 'stick to their knitting'.
  • Munger believed that Costco should continue doing what they have always done, maintaining their values and principles.
  • According to Hamilton James, the chairman of Costco, Munger's advice was clear and he would remind them that staying on the right path was the right thing for the long term.
  • Costco has followed Munger's advice by maintaining their $1.50 food court hot dog and soda combo since 1985 and focusing on offering quality products at great prices.

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Pcgamer

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An autobattler designed by Magic: The Gathering creator Richard Garfield is coming in March

  • Vanguard Exiles, a new autobattler game designed by Richard Garfield, the creator of Magic: The Gathering, is set to release in March.
  • The game, developed by The Tea Division, promises to offer a revolutionary and unique competitive strategy gameplay experience.
  • Vanguard Exiles features a complex game board that rearranges itself every round, challenging players to hold enough territory and survive against opponents.
  • A demo of the game is currently available on Steam, allowing players to learn the basics of combat before the early access version launches on March 11.

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Bitcoinist

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Bitcoin Adoption Grows: Metaplanet Acquires 68 BTC For $6.6 Million

  • Japanese investment firm Metaplanet has acquired an additional 68.59 BTC, bringing its total holdings to 2,100 BTC.
  • Metaplanet aims to acquire 10,000 BTC by the end of 2025 and 21,000 BTC by 2026.
  • The company's stock price increased by 2.78% after the Bitcoin purchase, reflecting investor interest.
  • Metaplanet follows the footsteps of MicroStrategy in accumulating Bitcoin as a long-term value proposition.

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Rockpapershotgun

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I'm pretty sure Julian Gollop now thinks I'm an idiot, but his new game Chip n' Claws vs. The Brainioids won me over

  • Chip 'n Claws vs. The Brainioids is a new real-time strategy game by Julian Gollop of Snapshot Games, offering split-screen couch co-op and platforming elements.
  • Players control robot cat Claws and spacefarer Chip in battles against brain aliens, with a focus on resource gathering and base building.
  • The game features a lighthearted, Saturday morning cartoon vibe, a departure from Snapshot's Phoenix Point, with satirical elements and pulp sci-fi inspirations.
  • While accessible and cheerful, the game offers depth through various missions, abilities, and strategic decisions introduced throughout the story.
  • Players balance real-time building placement with commanding robots, using different types of robots for attack and defense.
  • Chip and Claws have unique abilities that cost Brainium, the building resource, adding layers of strategy to the gameplay.
  • Players can equip HQ mods and choose between combat-focused or economy-focused strategies based on their playstyle.
  • The game offers various weapons and abilities, such as frenzy grenades and overdrive effects, adding tactical considerations to combat.
  • Julian Gollop, a veteran strategy game designer, emphasizes the importance of experimentation, bluffing, and adapting in strategy game design.
  • Chip 'n Claws vs. The Brainioids is set for release in Spring, with a demo available on Steam Next Fest starting February 24th.

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HRKatha

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CAT orders Chandigarh to finalise power dept. transfer plan

  • The Central Administrative Tribunal (CAT) has ruled on a petition filed by 40 employees opposing the privatisation of Chandigarh's electricity department.
  • The Tribunal instructed the administration to finalise an employee transfer scheme in accordance with the Electricity Act, ensuring fair service conditions for workers shifting to the private sector.
  • Temporary transfers are allowed before the final scheme is implemented.
  • The transfer plan must align with the provisions of the Electricity Act, protecting employees' terms and conditions during the transition.

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HRKatha

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How workplace names reveal cultural hierarchies

  • Names in the workplace serve as cultural instruments encoding hierarchy and respect, often clashing in global settings.
  • American informality with names contrasts sharply with Indian traditions where formal titles indicate hierarchy.
  • Japanese honorifics like '-san' are crucial markers of social position, omitting them can be seen as disrespectful.
  • Nicknaming practices vary based on workplace environment, industry norms, and individual preferences.
  • Indian workplaces balance informal naming conventions with respect and adherence to traditional titles.
  • Organisational effectiveness is influenced by how naming conventions impact hierarchical relationships and communication.
  • Hierarchical deference in naming can inhibit critical feedback and transparency in decision-making processes.
  • Nicknaming across hierarchical lines can reinforce power dynamics or lead to workplace harassment.
  • Consent and sensitivity are crucial in using nicknames in professional environments.
  • Global organisations must navigate naming preferences to foster cross-cultural collaboration effectively.

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