Tag: investments

  • Jesse Powell, CEO Kraken On Metaverse, Crypto, NFT and gaming

    Jesse Powell, CEO Kraken On Metaverse, Crypto, NFT and gaming

    Jesse Powell of Kraken on the Metaverse and its impact on various domains. Metaverse has become a focal point in the tech industry nowadays with plenty of huge investments already pouring in. Technology giants like Facebook, Microsoft, and Tencent are already in the race to lay claims on the uncharted space of metaverse. The immense…

  • Wake Up Interactive Acquired By Tencent For US$44 million

    Wake Up Interactive Acquired By Tencent For US$44 million

    The Japanese game studio Wake Up Interactive has developed popular Nintendo Switch game Ninjala and helped create Travis Strikes Again: No More Heroes. Tencent Holdings has quietly acquired a Japanese creative studio with several Nintendo Switch hit games to its name as part of a talent acquisition spree in the home of anime and manga, people familiar with the…

  • Epic Games Hires Facebook Metaverse Expert

    Epic Games Hires Facebook Metaverse Expert

    Epic Games Gets Hold of Facebook Metaverse Expert to develop Epic\’s Metaverse. Epic Games has gotten its hands on one of the significant resources of Facebook for its metaverse plans. The move came up coincidently around the same time when Facebook changed its company name to Meta. Zuckerberg renamed it to focus, create, and develop…

  • NFT and blockchain-based Axie Infinity Raises $152 Million

    NFT and blockchain-based Axie Infinity Raises $152 Million

    Axie Infinity Raises $152 Million in a Funding Round Led by Billionaire Firm. Sky Mavis, the developer behind the famous NFT based game Axie Infinity, raises $152 million in recent funding led by Andreessen Horowitz. The funding will help grow the already popular “play to earn” game. The B series funding round was led by…

  • App Annie And Former CEO Bertrand Schmitt Charged With Security Fraud

    App Annie And Former CEO Bertrand Schmitt Charged With Security Fraud

    Alternative Data Provider App Annie Charged with Fraud. App Annie and its former CEO Bertrand Schmitt are charged with security fraud by the US Securities and Exchange Commission (SEC). App Annie has neither rejected nor accepted the charges, however, it has agreed to pay $10 million to settle the case. App Annie is a research…