News Posts matching "Gabe Newell"

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Valve Releases First Generation Steam Machines

Valve, creators of best-selling game franchises (such as Counter-Strike, Dota 2, Half-Life, Left 4 Dead, Portal, and Team Fortress) and leading technologies (such as Steam and Source), today announced over one dozen Steam Machine designs now in production from leading manufacturers and targeted for release in 2014. The lineup of Steam Machines announced today offers a wide variety of price and performance options made possible by the Steam Machine's open design, with systems starting as low as $499 and top end systems rivaling today's bleeding edge gaming PCs.

Every Steam Machine includes an innovative Steam Controller designed for use with a wide variety of game genres, and is powered by the SteamOS, a custom OS built atop Linux. "The first generation Steam Machines offers something for every gamer, which is a critical part of extending Steam into the living room," said Gabe Newell of Valve. "With over 3,000 games and more than 65 million gamers on Steam, it's important to offer gamers a variety of Steam Machines that allow them to select what makes the most sense for them."

Steam for Linux Beta Now Available

Valve, creators of best-selling game franchises (such as Counter-Strike and Team Fortress) and leading technologies (such as Steam and Source), today announced the launch of a limited access beta for its new Steam for Linux client.

The Steam for Linux Beta client supports the free-to-play game Team Fortress 2. Approximately two dozen additional Steam titles are now also available for play on Linux systems. Additionally, the Steam for Linux Beta client includes Big Picture, the mode of Steam designed for use with a TV and controller, also currently in beta.

Perfect World and Valve Announce Exclusive Rights for It to Operate Dota 2 in China

Perfect World Co., Ltd.("Perfect World"), a leading online game developer and operator based in China, and Valve, a leading entertainment software and technology company based in the United States, today announced an agreement granting Perfect World exclusive rights to operate Dota 2 in mainland China. In development at Valve, with design lead "IceFrog," Dota 2 promises to expand on the unique mix of action, RTS, and RPG gameplay that has made Dota one of the most popular online games in the world and a leading title at professional e-sport competitions.

"Valve is one of the best developers of online games in the world. We are very excited to partner with Valve in bringing Dota 2 to Chinese gamers," commented Mr. Robert Hong Xiao, Co-CEO of Perfect World. "Dota 2, a refined work by the developers at Valve, has received great attention from players worldwide. With our years of expertise in delivering quality games in China, we are confident that adding this action strategy game to our diverse portfolio of games will bring additional world-class entertainment and premier gaming experiences to our players in China."

Steam Big Picture Beta Available Today

Valve announces a major update to the Steam gaming platform called Big Picture. Steam's new Big Picture mode lets gamers access all of their favorite Steam games on a television. With the press of a button, Steam displays a new full-screen user interface optimized for readability and interaction on TV. Big Picture has been designed to be used with a traditional game controller, while also fully supporting keyboard and mouse input.

Steam gamers can experience Big Picture by connecting their PC or Mac to a TV, typically with a single HDMI cable. Access to the complete Steam store is included, as is the Steam Community. In addition to their complete library of Steam games, each user's cloud files, Steam Workshop content, account information and preferences will be accessible automatically in the new mode.

Valve Corporation Worth $3 Billion

Video games developer, publisher, and distributor, Valve Corporation is valued at US $3 billion. A privately-held company, Valve doesn't disclose its finances to the public. Forbes estimated its worth by consulting video game industry insiders, equity analysts, investment bankers, and technology analysts. Valve's co-founder and managing director, Gabe Newell, who owns over 50% of the company, has a net worth of $1.5 billion, making him the newest billionaire from the video games industry. He ranks 854th out of 1,226 global billionaires in Forbes' list. Apart from having largely successful game franchises such as Half Life, Counter Strike, Left4Dead, and Portal, Valve has arguably the most popular video games digital distribution platform, Steam. Steam distributes more than 1,800 titles, from 50 different publishers.

Source: Forbes

Valve Announces Mobile Steam App, Closed Beta Now Available to iOS and Android

Valve, creators of best-selling game franchises (such as Counter-Strike, Half-Life, Left 4 Dead, Portal, and Team Fortress) and leading technologies (such as Steam and Source), today announced the beta release of the Steam application for iOS and Android devices.

With the Steam app, gamers around the world may chat with Steam friends, browse community groups and user profiles, view screenshots and user-generated content for their favorite games, read the latest gaming news, stay up to date on unbeatable Steam sales, and more.

Steam Closes 2011 with 100% Sales Growth, 5 Million Simultaneous Users

Valve today announced the 2011 growth data for Steam, a leading platform for PC & Mac games and digital entertainment. During 2011 the platform grew to offer over 1,800 games to over 40 million accounts. Year-over-year unit sales increased by more than 100% for the seventh straight year, and during the 2011 Holiday Sale Steam's simultaneous user number eclipsed the 5 million player mark.

Meanwhile Steam doubled the amount of content delivered in 2011 vs. 2010, serving over 780 Petabytes of data to gamers around the world. To meet the increasing demand for games and services on the platform, the Steam infrastructure more than doubled its service capacity and a new content delivery architecture was deployed to improve user download rates.

Steam Hack More Severe Than Thought: Change Your Password NOW

Gabe Newell of Valve has issued a statement that the forum hack they experienced over the weekend actually goes much deeper than they thought. The criminals accessed the main database containing such goodies as user names, hashed and salted passwords, game purchases, email addresses, billing addresses and encrypted credit card information. Apparently, no personally identifying information was taken - but we await the result of the full investigation before breathing a sigh of relief. Due to this serious breach, TechPowerUp advises all Steam users to change their account password immediately. People starting up their Steam client will now see the following message from Gabe Newell about this:

Walled Garden Outfit Valve Accuses Apple Of Operating A Walled Garden

You've got to laugh at the hypocrisy of big companies sometimes. It's a well known fact that Apple operates a very closed and controlling walled garden eco system with all of their products, courtesy of the late Steve Jobs. Examples include the iPhone, which can only purchase apps from the official Apple apps store and the iPod, which can also only sync with iTunes, both due to deliberate vendor lock-in using a combination of hardware and software DRM (Digital Restrictions Management). Apple claims that this is to ensure a seamless, consistent and high quality user experience. Savvy users know this to be only half the story, instead it's there to shut out competition and lock you in to Apple for everything in order to charge high prices for allegedly "premium" product. The only way to avoid this, is to jailbreak the devices (break the DRM) which conveniently (for Apple) voids the warranty on these expensive gadgets. Thankfully, this process is no longer underground, due to a recent court ruling that said jailbreaking was legal, much to Apple's displeasure.

However, the equally closed Valve, with their Steam gaming platform and it's account-based DRM has accused Apple of being a closed system! They are also "concerned" about it. This happened in an interview between Bellevue-based Valve's Gabe Newell and leading games investor Ed Fries at the WTIA TechNW conference. This has been reported in The Seattle Times in Brier Dudley's blog.
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