Epic Games, the creator of the popular video game “Fortnite”, said on Thursday it had received a $250 million investment from Japan’s Sony Corp for a minority stake in the company. Last month, Bloomberg reported that Epic was close to raising a $750 million round of funding, from investors including T. Rowe Price Group Inc…
The coronavirus outbreak has prompted a significant increase in news consumption but the economic turmoil is forcing news businesses to accelerate their move to digital, The Reuters Institute for the Study of Journalism said. The coronavirus lockdowns prompted a global rise in viewing of television and online news though concerns about misinformation remain high, with…
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Google is adding features on its Maps service to alert users about COVID-19-related travel restrictions to help them plan their trips better, the Alphabet Inc unit said on Monday. The update would allow users to check how crowded a train station might be at a particular time, or if buses on a certain route are…
China’s Huawei Technologies has launched a British advertising blitz to highlight its role in building the country’s broadband and mobile networks ahead of a UK security review that could see further restrictions on its activities. Vice President Victor Zhang said Huawei had been in Britain for 20 years, during which time it had helped build…
Facebook Inc (FB.O) messaging platform WhatsApp and PayPal Holdings Inc (PYPL.O) on Wednesday said they have invested in payment, food delivery and ride-hailing app operator Gojek as part of the Indonesian firm’s ongoing fundraising round. WhatsApp and PayPal did not disclose the size of the investment or the stakes they would receive. A Gojek investor…
The new robot barista at the cafe in Daejeon, South Korea, is courteous and swift as it seamlessly makes its way towards customers. “Here is your Rooibos almonds tea latte, please enjoy. It’s even better if you stir it,” it says, as a customer reaches for her drink on a tray installed within the large,…
Jack Dorsey-led Square Inc said on Monday that most of its employees can continue to work from home permanently even after offices reopen, following a similar announcement from Twitter Inc, which is also headed by the billionaire. The COVID-19 pandemic, which has so far infected more than 4.75 million people globally, has led to strict…
Facebook Inc is acquiring Giphy, a popular website for making and sharing animated images, or GIFs, and will integrate it with its rapidly growing Instagram photo-sharing app, Facebook said in a blog post on Friday. The cost, which Facebook and Giphy declined to disclose, was placed at around $400 million by news website Axios. The…
Gaming hardware maker Razer Inc plans to dispense its locally produced masks in Singapore through a network of vending machines across the city-state, where it has become compulsory to wear them in public. The company said it will initially deploy 20 machines at Frasers Property’s malls and JustCo co-working centres around the business district by…
Smartphone shipments from China’s factories to vendors rose 17% in April compared to the same month a year ago, according to government data released on Tuesday. The numbers suggest an early domestic rebound for smartphone makers such as Apple Inc and Huawei Technologies [HWT.UL] and a potential return to normalcy in China for the broader…
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