Ngmoco acquires iPhone game developer Stumptown

Ngmoco announced today that they’ve acquired fellow iPhone developer Stumptown Game Machine, which developed Touch Pets Dogs exclusively for Apple’s iPhone and iPod Touch in collaboration with Ngmoco in November 2009. The game immediately topped the free app charts on the App Store upon release and has been downloaded more than five million times.

Rocktropia virtual world for music lovers debuts

If you can’t get enough rock and roll in your life, you might want to go live in Rocktropia. That’s the new virtual world for rock music lovers that is debuting today. It’s a world where you dress up like a rock star, immerse yourself in rock lore, explore a rock-inspired landscape, and go listen to live events.

Zynga plans Zynga Live site to diversify away from Facebook

In an apparent attempt to escape from its dependency on Facebook, game maker Zynga is preparing to launch a web site dubbed Zynga Live that would operate as a portal for its own social games, according to a source familiar with the matter. The company currently runs its games on Facebook (although not exclusively) and is Facebook’s biggest app maker.

Nintendo's net income falls for the first time in six years

Nintendo today reported its year-end fiscal results for the year ended March 31. As expected, the company’s profits took a hit, sliding 18.1 percent to 228.6 billion yen ($2.5 billion). This represents the first time in 6 years that Nintendo’s profit has fallen. Annual sales also declined considerably, decreasing 22 percent to 1.434 trillion yen ($15.4 billion).

Halo:Reach multiplayer beta hits 1.2M players in a day

Gamers already know about the overload that hit the servers in the waking hours of the Halo: Reach multiplayer beta that started on Monday. It would take a lot of people to cause that kind of slowdown. IndustryGamers caught up with Brian Jarrard of Bungie, the maker of the game, to clear up a few things about the server issues and to get Bungie’s reaction to the first day of the highly anticipated beta.