<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="What Happened: Kevin Gammill, general manager of Microsoft’s gaming developer experiences, said the Wisconsin-based company’s Unreal Engine was “critical technology” for game makers, and its loss would put his company and others at a “substantial disadvantage.”” data-reactid=”20″>What Happened: Kevin Gammill, general manager of Microsoft’s gaming developer experiences, said the Wisconsin-based company’s Unreal Engine was “critical technology” for game makers, and its loss would put his company and others at a “substantial disadvantage.”
The executive said that the Redmond, Washington-based technology giant had an enterprise-wide, multi-year, license agreement for Unreal Engine, and had “invested significant resources and engineer time” on the tool.
Gammill claimed that needing to use a different engine to develop games for each platform would be “prohibitively expensive and difficult.”
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Why It Matters: If Unreal Engine can’t support iOS or macOS, Microsoft may be required to choose between abandoning its current or future customers on these platforms or choosing a different engine, Gammill said.” data-reactid=”27″>Why It Matters: If Unreal Engine can’t support iOS or macOS, Microsoft may be required to choose between abandoning its current or future customers on these platforms or choosing a different engine, Gammill said.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Epic sought an injunction last week against the iPhone maker after the latter terminated its developer accounts.” data-reactid=”28″>Epic sought an injunction last week against the iPhone maker after the latter terminated its developer accounts.
The gaming company is also suing Apple separately over the removal of its popular “Fortnite” game, in a matter related to a 30% cut the Cupertino-based company keeps from in-game purchases.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Both Microsoft’s and Facebook Inc’s (NASDAQ: FB) plans to launch gaming apps on the App Store were unsuccessful as they allegedly fell foul of the iPhone maker’s marketplace policies.” data-reactid=”30″>Both Microsoft’s and Facebook Inc’s (NASDAQ: FB) plans to launch gaming apps on the App Store were unsuccessful as they allegedly fell foul of the iPhone maker’s marketplace policies.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Price Action: Microsoft shares closed nearly 0.7% lower at $213.02 on Friday and gained almost 0.7% in the after-hours session. Apple shares closed 5.15% higher at $497.48 the same day.” data-reactid=”31″>Price Action: Microsoft shares closed nearly 0.7% lower at $213.02 on Friday and gained almost 0.7% in the after-hours session. Apple shares closed 5.15% higher at $497.48 the same day.
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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.” data-reactid=”37″>© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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