Facebook, Unity Team Up on Desktop Gaming Platform

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Facebook, Inc. (NASDAQ:FB) is partnering up with Unity to offer a desktop gaming platform.

FacebookThe engine is creating a platform specifically designed to allow creators to design PC games and publish them on the social media site. Developers can apply for a limited alpha of Unity 5.4 — the Facebook platform — between now and Aug. 31 for the opportunity to use it.

Windows is not the only operating system that will work with Unity’s creation as different type of PCs will be able to access the platform. One big plus from the move is that you will be able to play games without other of the social media site’s distractions.

Facebook games that are currently popular will be supported by the platform, as well as more intense games such as Steam engine offerings. The company will share the wealth with game publishers, but it is unclear what percentage of the revenue each creator will gain.

The site revealed that it shelled out more than $250 million to developers last year, with more than 650 million people joining in as new gamers on Facebook. The company most recently released its quarterly earnings report about three weeks ago.

For its second quarter, the social network’s revenue amounted to $6.44 billion, beating the consensus estimate by $420 million. Adjusted earnings came in at 97 cents per share, well ahead of the 82 cents per share analysts expected.

FB stock is down 0.2% Friday.

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Article printed from InvestorPlace Media, https://investorplace.com/2016/08/facebook-unity-gaming-fb-stock/.

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