Month: May 2022

Swedish video game publisher Embracer said Monday it had acquired three development studios responsible for hit games such as Tomb Raider and Deus Ex from Japanese publisher Square Enix. The acquisition of the three North American studios Crystal Dynamics, Eidos-Montreal and Square Enix Montreal, totalled $300 million (roughly Rs. 2,295 crore) and affects around 1,100
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We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! LinearB, a platform designed to bring greater efficiency to engineering teams through automation, analytics, and project management smarts, has raised $50 million in a
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International semiconductor consortium ISMC will invest $3 billion (roughly Rs. 22,940 crore) in India’s southern Karnataka state to set up a chip-making plant, the state government said on Sunday. ISMC is a joint venture between Abu Dhabi-based Next Orbit Ventures and Israel’s Tower Semiconductor. US chip giant Intel has announced plans to acquire Tower. India’s
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In this article NFLX Netflix is expanding its push into mobile gaming. Sopa Images | Lightrocket | Getty Images Netflix has canceled development on “Pearl,” an animated series created by Meghan, Duchess of Sussex, marking the latest cost-saving moves after the company reported a disappointing first quarter. The cancellation is part of strategic decisions Netflix
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The Parliamentary Standing Committee on Finance has decided to summon representatives of the world’s major social media platforms and search engines over issues related to their competitive practices. Google, Facebook, Twitter, Apple, Amazon, Flipkart, and Microsoft are likely to be summoned in the next meeting. The above development comes soon after Elon Musk took over
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Funds worth over Rs 5,551 crore of Chinese mobile manufacturing company Xiaomi India have been “seized” for violating the Indian foreign exchange law, the Enforcement Directorate said said on Saturday. The action has been taken against Xiaomi Technology India Private Limited. The company (also called Xiaomi India) is a trader and distributor of mobile phones
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