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Carbonated Games Finds $8.5M

socalTECH

El Segundo-based Carbonated Games , a developer of mobile games, has raised $8.5M Carbonated focuses on developing "highly competitive" games for mobile devices, which are more in line with the hard core games found on consoles and PCs, rather than the more usual casual gaming market. READ MORE>>.

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Activision Blizzard Cutting Jobs in Los Angeles, According to Filings

socalTECH

Computer game maker Activision Blizzard is apparently cutting jobs in El Segundo and Los Angeles, according to a filing with the California Employment Development Department. California requires companies to give employees at least 60 day notice of mass layoffs.