Valve Corporation, a privately owned company headquartered in the US, was founded in 1996 and has approximately 1,160 employees. The company specializes in computer games and also makes video games, hosts the Steam video gaming platform, and manufactures gaming peripherals.
On September 11, 2026, reports indicated that Steam users in Australia are now encountering a new card-based age verification requirement for R18+ classified games, restricting access to viewing or purchasing certain titles. This development follows Valve's implementation of a strict credit card age verification system for Australian users, reportedly in compliance with the country’s Age-Restricted Material App Distribution Services Code. Earlier on September 11, Valve released a new Steam Client beta that introduced a "Big Art Mode" and custom screensavers for Big Picture Mode and Steam Deck, expanding screen space for selected game artwork on the home screen. Also on September 11, Valve rolled out SteamVR 2.17, which includes new features and improvements, with some integrated into the SteamVR UI, hinting at readiness for the anticipated Steam Frame release. Previously, on September 10, a report highlighted a 12TB data breach affecting a gaming service, described as a result of an open "back door" rather than a traditional cyberattack. The report noted Steam, Valve's distribution platform, provides maintenance services for game companies.
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Valve corporation offers 2 products in the media and telecoms services and sports industries. Valve corporation's product portfolio comprises of consumer gaming and niche sports.
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