Arm trades up in IPO debut that values firm above opening valuation of $54.5B
Arm, the chip architecture firm owned by SoftBank Group, raised $4.7 billion in its initial public offering that valued the company at more than...
Nvidia and Arm call off $80B merger and Arm CEO resigns
Nvidia and Arm are calling off their $80 billion merger, according to announcements from the companies tonight. Arm CEO Simon Segars has resigned. The...
DNABlock raises $1.2M to make metaverse avatars more inclusive
DNABlock has raised $1.2 million from SoftBank and others to make metaverse avatars more inclusive. The Los Angeles-based company makes it easier for creators...
The DeanBeat: What to expect from CES 2019
Next week I’ll head off for my annual holiday from gaming as I focus on covering technology at the CES 2019 event in Las...
Why Greycroft’s Jon Goldman invests in games, esports, AR, and VR
Not many investors have the expertise to invest in the hit-or-miss video game business. But Jon Goldman has figured it out. He is a...
Improbable hires game veteran Bill Roper as chief creative officer
Improbable, a British tech company that raised $502 million from SoftBank for its virtual-world simulation software, announced that former Disney game creator Bill Roper...
Turtle Rock’s Steve Goldstein believes the console game industry lacks risk takers
I’ve formed a lot of opinions about the game industry over the years. And I recently got the chance to spout them in a...
How Improbable convinced SoftBank to invest $502 million in its platform for massive online game worlds
London-based technology firm Improbable has had a very improbable week. The company raised a whopping $502 million from Japan’s SoftBank for its SpatialOS platform for...
These were the 10 biggest European tech stories this week
This week, Tech.eu tracked 16 technology M&A transactions, one IPO and 71 tech funding deals totaling nearly €1.14 billion (about $1.24 billion) in Europe,...
Improbable draws $502 million from SoftBank and others for dream of giant online game worlds
Online gaming world enabler Improbable has raised $502 million in a second round of investors, including SoftBank. Improbable has created an operating system, SpatialOS, that marshals the power of cloud computing and distributed platforms to enable even small studios to develop games with giant worlds.