Epic Games raises $2B a week after Unreal Engine 5’s release

Epic Games has raised $2 billion in a funding round just a week after its release of Unreal Engine 5.

Epic – known for its hit titles, popular game engine, and high-profile spats with Apple – says the funding will support its continued growth and vision to build the metaverse.

Tim Sweeney, CEO and Founder of Epic Games, said:

“As we reimagine the future of entertainment and play we need partners who share our vision. We have found this in our partnership...

12 April 2022 | Development Tools

The Coalition celebrates Unreal Engine 5’s release with impressive demo

Game studio The Coalition has celebrated Epic’s launch of Unreal Engine 5 with an impressive tech demo.

The demo shows off Unreal Engine 5’s most exciting new features, including Nanite and Lumen.

https://www.youtube.com/watch?v=0qbffi8abOg

Nanite is Unreal Engine 5's virtualised geometry system. According to Kate Rayner, Technical Director at The Coalition, Nanite allows for over 100x the detail that was previously possible.

“Our artists can create...

6 April 2022 | Development Tools

Unity says PSVR2 takes VR gaming ‘to a whole new level’

Unity held a ‘Building Next-Gen Games for PSVR2’ session at this year’s Game Developers Conference and the company appears to be as excited as many developers about the upcoming VR hardware.

"PSVR2 takes VR gaming to a whole new level, enabling a greater sense of presence and allowing players to immerse themselves into game worlds like never before", says Bria Williams, Senior Product Manager at Unity.

https://www.youtube.com/watch?v=RJ2bCnX5Sh0

The original...

1 April 2022 | Gaming

Microsoft says developers have earned $2.5B through ID@Xbox

According to Microsoft, game developers have made a fair chunk of change through its ID@Xbox program.

ID@Xbox is the gaming brand’s program to support independent developers and has been used to publish titles including Dead by Daylight, Warframe, SMITE, Dead Cells, Spelunky 2, The Long Dark, Kerbal Space Program, Human Fall Flat, Overcooked, Grim Dawn, Outer Wilds, and thousands of others.

Needless to say, ID@Xbox has been rather successful. The program has enabled...

29 March 2022 | Gaming

Niantic acquires WebAR experts 8th Wall to expand metaverse platform

Niantic is continuing its evolution from an AR game developer to a complete platform for building metaverse experiences.

Once upon a time, Niantic was an exciting but relatively unknown company behind the pioneering (and highly underrated) AR game Ingress. Niantic then released Pokemon Go and was catapulted into the spotlight.

The hype around Pokemon Go may have faded but Niantic hasn’t stopped working. The company has been using its experience in live, large-scale AR...

11 March 2022 | Development Tools

Microsoft sets out to woo regulators with ‘Open App Store Principles’

Microsoft is getting ahead of potential new laws governing app stores by announcing its Open App Store Principles.

Last week, Developer reported on Apple’s latest fight against such legislation after the company sent a letter to US lawmakers urging them to reject S. 2710—a bill that would force Apple to open its notorious “walled garden” and enable the sideloading of apps.

Microsoft has managed to avoid being the focus of high-profile antitrust investigations in...

10 February 2022 | App Stores

App Annie: Users downloaded 230B apps in 2021, spent 3.8T hours using them

A report from App Annie highlights the staggering growth the mobile app ecosystem witnessed last year.

According to the analytics firm’s State of Mobile 2022 report, users downloaded around 230 billion apps in 2021.

Theodore Krantz, Chief Executive Officer of App Annie, said:

“The big screen is slowly dying as mobile continues to break records in virtually every category - time spent, downloads and revenue.”

Chinese users downloaded the most...

12 January 2022 | Android

Kuo: Apple’s AR headset to have ‘significantly higher’ computing power than iPhone

Renowned analyst Ming-Chi Kuo says the expected Apple AR headset will have “significantly higher” computing power than iPhone.

In a research note for investors, Kuo wrote: “Our latest survey indicates that each Apple AR/MR headset will adopt two CPUs made of 4nm and 5nm... which is higher than our previous estimation and market consensus of one."

The computing power of the device will mean that it will use the same 96W charger used for the 14-inch MacBook Pro. The...

11 January 2022 | Gaming

App Store Connect now shows analytics for in-app events

Developers can now access analytics for in-app events through App Store Connect.

In-app events such as game competitions, movie premieres, and livestreamed experiences can be great ways of driving user engagement. Events can also be showcased in the App Store to help gain new users:

(Credit: Apple)

Measuring the effectiveness of an in-app event has been more difficult than it should be. Apple wants to fix that.

This week, Apple announced that developers can...

7 January 2022 | Analytics

Ethereum still has the most Web 3.0 developers, but rivals are growing faster

Decentralised app platform Ethereum still has the most Web 3.0 developers, but it’s all to play for with rivals growing faster.

The data comes from research firm Electric Capital which released a report this week into the Web 3.0 development ecosystem.

Electric Capital found that more than 4,000 developers actively work on Ethereum per month. 

For comparison, just 680 developers actively work on Bitcoin per month. It’s a huge disparity, but it’s...

6 January 2022 | Blockchain