Month: April 2022

Epic Games, which makes Fortnite, raises $2B from Sony and KIRKBI, the holding company behind LEGO, at a $31.5B post-money valuation (Uday Sampath/Reuters)

Uday Sampath / Reuters: Epic Games, which makes Fortnite, raises $2B from Sony and KIRKBI, the holding company behind LEGO, at a $31.5B post-money valuation  —  Fortnite maker Epic Games said on Monday it had raised $2 billion from investors including Sony Group Corp (6758.T), giving it a money equity valuation of $31.5 billion.

Read More
Google sues scammer for ‘puppy fraud’

Photo by Matt Cardy/Getty Images On Monday, Google sued a scammer for allegedly running an online “puppy fraud scheme,” defrauding vulnerable people, including the elderly, out of thousands of dollars with false promises of purebred puppies. The complaint, filed Monday, accuses Nche Noel of Cameroon of using a network of fake websites, Google Voice phone

Read More
Datto, which provides data backup and protection services for SMBs, agrees to be taken private by Kaseya for $6.2B in cash, funded by Insight and others (Sohini Podder/Reuters)

Sohini Podder / Reuters: Datto, which provides data backup and protection services for SMBs, agrees to be taken private by Kaseya for $6.2B in cash, funded by Insight and others  —  Datto (MSP.N), a cloud-based software maker, said on Monday it would be acquired by security software company Kaseya for $6.2 billion …

Read More
China has approved the first batch of video game licenses since its freeze in July; games from Tencent and NetEase were not approved (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg: China has approved the first batch of video game licenses since its freeze in July; games from Tencent and NetEase were not approved  —  China has approved the first batch of new video game licenses since July, people familiar with the matter said, ending a months-long hiatus that put the world’s

Read More
Source: Israel-based Sentra, which helps businesses create a real-time picture of their sensitive data held in public clouds, raises a $23M seed (CTech)

CTech: Source: Israel-based Sentra, which helps businesses create a real-time picture of their sensitive data held in public clouds, raises a $23M seed  —  Sentra was co-founded by Asaf Kochan, the Commander of Unit 8200 until last February, Ron Reiter, co-founder of startup Crosswise which was sold …

Read More
Shopify is asking investors to approve changes to its share structure that give 40% voting power to CEO Tobi Lütke, up from 34%, and proposes a 10:1 stock split (Vipal Monga/Wall Street Journal)

Vipal Monga / Wall Street Journal: Shopify is asking investors to approve changes to its share structure that give 40% voting power to CEO Tobi Lütke, up from 34%, and proposes a 10:1 stock split  —  E-commerce company proposes ‘founder share’ giving CEO Tobi Lütke 40% of voting power

Read More
Google says YouTube’s Picture-in-Picture support will be coming to all iOS 15 and later devices “in a matter of days” for premium and non-premium users (Tim Hardwick/MacRumors)

Tim Hardwick / MacRumors: Google says YouTube’s Picture-in-Picture support will be coming to all iOS 15 and later devices “in a matter of days” for premium and non-premium users  —  Following a lengthy testing period, YouTube’s picture-in-picture support for iOS will begin rolling out in the next few days …

Read More
A profile of Sweden-based Embracer Group, which thanks to a three-year acquisition spree became Europe’s largest game developer by market cap, valued at $9.9B (Anna Gross/Financial Times)

Anna Gross / Financial Times: A profile of Sweden-based Embracer Group, which thanks to a three-year acquisition spree became Europe’s largest game developer by market cap, valued at $9.9B  —  Lars Wingefors’ 13-year-old self would approve of his recent purchase: Dark Horse Media, one of the biggest independent comic studios …

Read More