New Yahoo (NSDQ: YHOO) CEO Scott Thompson’s upcoming turnaround may centre on mining Yahoo’s green plains for different prospects, including… Read more »
A new patent troll last week fired a shot at Facebook, Zynga and others with a lawsuit that claims rights to in-game payments — the process… Read more »
Sulake, the Finnish company which operates the Habbo Hotel teen virtual world, is swapping its CEO. Read more »
Members of the teen girl dress-up website Stardoll will find their online input going to create a range of books for a second time. Read more »
Disney (NYSE: DIS) CEO Bob Iger used the corporately correct equivalent of ‘take the needle out of your arm’ when an analyst on today’s earn… Read more »
Next month’s Paramount Pictures/Nickelodeon Movies animated film Rango will be the first to get released day and date with its own companion… Read more »
With the still rising popularity of social media games like Zynga’s Farmville and Mafia Wars, advertising is naturally beginning to follow.… Read more »
More management upheaval at Second Life-parent Linden Lab: Founder Philip Rosedale, who took over as interim CEO after Mark Kingdon stepped… Read more »
Sulake, the Finnish maker of the Habbo virtual world, says it recorded its best first-half-of-year revenue this year – an improvement from 2… Read more »
Metaplace, a social games startup which switched strategies earlier this year after its first business failed, has been purchased by Playdom… Read more »
Linden Lab CEO Mark Kingdon has resigned two weeks after the Second Life parent cut 30 percent of its staff. Kingdon was a big name hire for… Read more »
Linden Lab, which has maintained a big following for its Second Life virtual world but also has seen it surpassed in buzz and growth by a ho… Read more »
A possible picture of the broad state of the virtual goods industry, which is primarily made up of players who keep their financial results… Read more »
Kids’ virtual world Club Penguin may have helped boost Disney’s digital revenues with its higher subscription revenues, but according to the… Read more »
San Francisco-based Boku has raised a sizable round of funding totaling $25 million to build a mobile-payments company that they believe can… Read more »
Metaplace, the virtual worlds development firm founded by former Sony (NYSE: SNE) Online execs, is shutting down. The company’s plan was to… Read more »
Virtual goods and micro-transactions have been driving the billion-dollar online games industry across Asia for years. And deals like EA’s $… Read more »
Social gamer Zynga has acquired GoPets, a gaming company that lets people create and train virtual pets, according to Virtual Goods News. We… Read more »
Online games and payments platform PlaySpan has signed on another large partner: Nickelodeon Kids and Family Virtual Worlds Group. PlaySpan’… Read more »
Another add-on aimed at keeping MySpace’s loyal users engaged and away from Facebook: The social network is integrating teen-centric virtual… Read more »
Unisfair, a virtual events company, has raised $3.1 million of a proposed $9.3 million second round of funding, per an SEC filing. Unisfair… Read more »
Mobile and social entertainment company Digital Chocolate wants in on the virtual goods boom — so it’s launching NanoStars, a new game proj… Read more »
It’s not unusual for clothing brands to promote their outfits in virtual worlds, but designer Norma Kamali is going one step further: She’s… Read more »
More money for the social gaming space, this time, with a musical twist. Online gaming firm Conduit Labs has raised $3 million in a second r… Read more »
Virtual events tech firm InXpo has raised $9 million in a first round of funding from Highland Capital Partners. The company plans to use th… Read more »
Riot Games has raised $8 million in funding from Benchmark Capital, FirstMark Capital, and Chinese online media company Tencent. Tencent is… Read more »
The Twilight franchise is epitome of a pop culture blockbuster: The first novel, Twilight, was the biggest-selling book of 2008, the movie g… Read more »
Roblox has raised roughly $2.2 million in funding for its virtual world/casual game hybrid, according to an SEC filing. Altos Ventures and F… Read more »
Britney Spears has launched a line of branded virtual goods on Facebook, making her the biggest-name artist yet to team up with the social n… Read more »
In Second Life, selling avatars that look like celebrities and apparel that mimics couture designs is big business — a mainstay of the worl… Read more »
The Lord of the Rings Online publisher Turbine is in fund-raising mode again: the massively-multiplayer online (MMO) gaming company has pick… Read more »
Masher Media, which is developing a virtual world for kids aged 6 to 13, has raised $300,000 of a $1 million round, according to an SEC fili… Read more »
Mika Salmi, the former global digital head for MTV Networks/Viacom (NYSE: VIA), has joined Sulake, the parent of the virtual world Habbo, as… Read more »
As start-ups come to grips with the reality that the usual online advertising tools of banner ads and widgets won’t keep the lights on even… Read more »
Booyah, the Palo Alto, Calif.-based company started by veteran game-makers and funded by none other than Kleiner Perkins Caufield & Byers’ i… Read more »
Adknowledge has bought out KITN Media, parent company of Super Rewards, a virtual currency platform for social networks and online games. Th… Read more »
ProtonMedia, virtual worlds tech and services firm, has raised $2.5 million in funding, according to an SEC filing. The Pennsylvania-based c… Read more »
Berlin’s Metaversum has bagged a Read more »
First, China introduced a tax on real-world profits generated from the sale of virtual goods; now, China’s Ministry of Commerce has released… Read more »
Late stage investment firm Stratim Capital has picked up an undisclosed stake in Second Life parent company Linden Lab — buying out one of… Read more »
