CEO Dave Baszucki says Roblox sees 2M+ daily active users in Russia, while competitors like EA, Nintendo, and Ubisoft have slowed or ceased sales in the country (Cecilia D’Anastasio/Bloomberg)

James Batchelor / GamesIndustry.biz:
Nintendo announces a new joint venture, called Nintendo Systems, with DeNA, which co-developed several Nintendo titles for mobile, including Fire Emblem Heroes  —  New subsidiary will open in April 2023, focusing on research and development to improve Nintendo’s digital business  —  At a glance

Hirun Cryer / GamesRadar:
Ubisoft says it is developing three mobile games for Netflix Games, including a new Assassin’s Creed game  —  There’s also a new Valiant Hearts game in the works  —  Ubisoft just announced a partnership with Netflix for three games.  —  Earlier today on September 10 at the Ubisoft Forward showcase …

Benoit Berthelot / Bloomberg:
Tencent plans to invest €200M in Ubisoft to increase its stake from 4.5% to 9.99%, alongside a further investment €100M in the company  —  Tencent Holdings Ltd is set to more than double its stake in Ubisoft Entertainment SA, snapping months of speculation on the future …

Takashi Mochizuki / Bloomberg:
Nintendo reports Q2 operating profit of ~$809M, up from ~$685M YoY, and cuts its fiscal year Switch sales forecast by 10% to 19M; a weakened yen boosts results  —  Nintendo Co. cut its fiscal-year forecast for Switch console sales by 10% to 19 million after reporting earnings in line with expectations.

MacKenzie Sigalos / CNBC:
Source: Publicly-traded US bitcoin miner Core Scientific is filing for Chapter 11 bankruptcy on Wednesday, as its valuation fell from $4.3B in July 2021 to $78M  —  – Core Scientific, one of the largest publicly traded crypto mining companies in the U.S., is filing for bankruptcy.

Cecilia D’Anastasio / Bloomberg:
YouTube names Leo Olebe, who held executive roles in Google Play’s games partnership division and at Facebook, as head of its gaming unit  —  YouTube named a new head of its gaming unit after an eight-month vacancy for the position.  —  Leo Olebe has held executive roles …