Krafton believes in a tailored approach to M&A
Michael Metzger, a partner in Drake Star Partners, sat down with Damian Lee from Krafton at GamesBeat Summit 2022. They discussed the company’s IPO,...
Intel hits Q1 targets with revenue of $18.31B but falls short on Q2 estimates
Intel reported that its first-quarter revenues and profits were above expectations, as the chip giant beat Wall Street estimates. But its forecasts for future...
How Codashop spurs gamers to make more in-game purchases
Coda Payments recently raised $690 million in funding to enable cross-border payments for games and other digital products, as well as alternative app stores....
Meta’s Reality Labs loses $2.96B on $695M in revenues in Q1 VR results
Meta’s first-quarter results showed us that Mark Zuckerberg’s vision of the metaverse is very expensive. And its losses are widening even as its VR...
Meta partners with Smithsonian on VR moonwalk exhibit
Meta announced that Meta Immersive Learning is partnering with the Smithsonian on a new virtual reality exhibit called “Futures x Meta: Moonwalk.” This exhibit...
Drake Star: Q1 game deals hit $98.7B in value, more than all of 2022
Microsoft’s $68.7 billion plan to buy Activision Blizzard and Take-Two’s $12.7 billion bid to buy Zynga pushed the first quarter toward a massive $98.7...
Epic invests in M-XR’s 3D scanning tech
M-XR, a London-based 3D tech company, announced it has received an investment from Epic Games. It plans to use this investment on its modeling...
NVIDIA Omniverse: From 3D collaboration at scale to fighting climate change (VB On-Demand)
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Remio raises $4.5M to expand its VR team-building platform
Remio announced that it has raised $4.5 million in a new round of funding. The company plans to use the windfall to expand its...
Activision Blizzard appoints Kristen Hines as new diversity boss
Activision Blizzard announced that it has appointed Kristen Hines as its chief diversity, equity, and inclusion officer. Hines joins the company on April 25....