Gaming

Social Virtual Reality Platform VRChat Launches Paid Subscriptions
Social Virtual Reality Platform VRChat Launches Paid Subscriptions
December 05, 2023  |  Subscriptions

Social virtual reality (VR) platform VRChat has begun rolling out its new Creator Economy, starting with the introduction of Paid Subscriptions. This new feature allows...

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Xbox Making Billion-Dollar Game Pass Bet as Competition Heats Up
Xbox Making Billion-Dollar Game Pass Bet as Competition Heats Up
December 04, 2023  |  Subscriptions

Xbox is seeing its massive investment in video game content pay off, as more of gaming comes to rely on subscription models. In an interview...

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Microsoft Prepares to Launch Mobile Gaming Store
Microsoft Prepares to Launch Mobile Gaming Store
November 30, 2023  |  Mobile Commerce

Microsoft is in talks with partners to launch a mobile gaming store that would compete with those of Apple and Google. Phil Spencer, the head...

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Tumblr Shutting Down Creator Subscriptions as Other Platforms Launch Them
Tumblr Shutting Down Creator Subscriptions as Other Platforms Launch Them
November 28, 2023  |  Subscriptions

As more creator-focused platforms launch tools for makers to monetize their followings with subscriptions, Tumblr is ending its Post+ program, suggesting that perhaps the landscape...

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ByteDance Slashes Jobs as It Pares Down Gaming Division
ByteDance Slashes Jobs as It Pares Down Gaming Division
November 27, 2023  |  Personnel

ByteDance is reportedly eliminating hundreds of jobs as it scales back its gaming unit, Nuverse. The Chinese tech giant, which also owns TikTok, has no...

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Roblox Launches Creator Subscriptions as Gaming Companies Drive Recurring Revenue
Roblox Launches Creator Subscriptions as Gaming Companies Drive Recurring Revenue
November 17, 2023  |  Subscription Commerce

Roblox is launching new in-game subscriptions in an effort to drive higher-margin purchases as, across the gaming industry, major players look for new ways to...

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Ad Hoc Payments Represent One in Every Four Vendor Payables
Ad Hoc Payments Represent One in Every Four Vendor Payables
November 15, 2023  |  Money Mobility

Ad hoc payments are irregular payments made outside normal invoicing and payroll processes and are somewhat of a nuisance. On average, these payments account for...

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Amazon Games Cuts 180 Jobs Amid Refocus on Development and Publishing 
Amazon Games Cuts 180 Jobs Amid Refocus on Development and Publishing 
November 13, 2023  |  Amazon

Amazon has made a second round of layoffs in its games division as part of a broader restructuring effort.  The elimination of 180 jobs in the...

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Digital Payments Make Gains in Gaming But Cash Remains King
Digital Payments Make Gains in Gaming But Cash Remains King
October 27, 2023  |  Disbursements

As gaming enthusiasts seek the thrill of quick access to their rewards, a recent survey conducted by PYMNTS Intelligence sheds light on this evolving landscape....

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