Nintendo has doubled in value since Pokémon Go’s release

For a game that isn’t even technically a Nintendo property, Pokémon Go is having quite the healthy impact on the Japanese company’s finances. Ever since the launch of Pokémon Go earlier this month, Nintendo’s market capitalization has more than doubled, ending Tuesday trading at a fantastic $42.5 billion. Such has been the appetite for Nintendo stock, […]

Google is launching a ‘YouTube built for gamers’ to take on Twitch

Google is now officially taking on Twitch. As rumored, the company today announced YouTube Gaming, an app and dedicated website designed to be a home for all its gaming video both live-streamed and on demand. YouTube Gaming will launch this summer starting in the US and UK. Google is positioning YouTube Gaming as a separate experience […]

Facebook Buying Oculus Virtual-Reality Company for $2 Billion

Move over, Google Glass. Facebook announced on Tuesday it will acquire Oculus VR, maker of the Oculus Rift virtual reality headset, for $2 billion. The purchase includes $400 million in cash, 23.1 million shares of Facebook common stock, and a $300 million earn-out in cash and stock based on future performance. Read full article here