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Medal.tvs clipping service allows gamers to share the moments of their digital lives
As online gaming becomes the new social forum for living out virtual lives, a new startup called Medal.tv has raised $3.5 million for its in-game clipping service to capture and share the Kodak moments and digital memories that are increasingly happening in places like Fortnite or Apex Legends. Digital worlds like Fortnite are now far more […]
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Roblox makes first acquisition with purchase of app performance startup PacketZoom
Fresh off a $150 million round of funding, kids’ gaming platform Roblox is making its first acquisition. The company says it’s acquiring the small startup PacketZoom, bringing its team and technology in-house to help it improve mobile application performance as its platform expands further into worldwide markets. Founded in 2013, and based in San Mateo, California, […]
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Angry Birds maker Rovio misses Q4 on sales of 73.9M, EPS of 0.10, closes London studio
Gaming and entertainment company Rovio continues to have a very hard time of it as it faces the music on the waning popularity of its once-might Angry Birds franchise. Today, the Helsinki-based company reported Q4 and full-year financials that fell short of analysts’ most conservative estimates as it blamed lower-than-expected interest in its new slate […]
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Gaming accessories firm Razer to raise up to $550M in Hong Kong IPO
Razer, the U.S.-Singapore firm that produces PCs and peripherals for gamers, is set to raise as much as $550 million from its Hong Kong IPO after it revealed its price range. The company first filed to go public in July, and today it confirmed that it plans to offer 1,063,600,000 shares at a range of […]