VRAL Games acquires 30% of PolarityOne game studio making Exoshock
Source: Venture Beat VRAL Games, a Miami gaming company, acquired a 30% stake of PolarityOne, a Seattle game studio developing the sci-fi VR shooter Exoshock. Read Full Article
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MGM will pay $45 million to settle data breach lawsuit
Source: The Verge MGM Resorts International has agreed to pay $45 million to settle a lawsuit over data breaches that collectively exposed the personal information of 37 million customers. The case consolidated 22 class-action lawsuits filed over two security incidents: a data breach in 2019, and a ransomware attack in 2023. Lawyers for the victims…
D3 Global raises $25M to modernize internet domain names
Source: Venture Beat D3 Global, the a decentralized domain name company, has raised $25 million to modernize the way that internet domain names operate. Read Full Article
Trying out TikTok’s top competitors
Source: The Verge When TikTok went off the air (to use a very old-fashioned phrase), there was a scramble to find an alternative to its shortform video feed — and a similar scramble by various social networks to provide that alternative. (In fact, while I was writing this, Tumblr launched its new Tumblr TV feature.)…
Comcast introduces astoundingly good low-lag internet for gamers and video callers
Source: Venture Beat Comcast is unveiling ultra-low lag connectivity when it comes to highly interactive applications like gaming, video conferencing and virtual reality. Read Full Article
Spirit Airlines rejects another takeover offer from Frontier
Source: The Verge Spirit Airlines has rejected yet another acquisition bid from Frontier, which would’ve merged the two companies to create the fifth-largest airline in the US, as reported earlier by Reuters. In a filing with the Securities and Exchange Commission, Spirit called Frontier’s deal ”woefully insufficient financially” compared to the $2.9 billion agreement tossed…
Comcast is rolling out ‘ultra-low lag’ tech that could fix the internet
Source: The Verge If you use Comcast Xfinity internet, your FaceTime calls might be about to get better. Instead of bumping up the amount of data that your internet connection can send or receive at one time (usually called bandwidth or throughput), a new upgrade is coming to reduce the amount of time it takes…
Nvidia GeForce RTX 5080 review: big expectations, small gains
Source: The Verge Nvidia’s new RTX 5080 graphics card isn’t as exciting as I was hoping it would be. While the sleek new Founders Edition redesign dramatically shrinks the size of the card compared to the RTX 4080 and RTX 4080 Super, you’re getting the same 16GB of VRAM and only small performance improvements over…
93% of IT leaders see value in AI agents but struggle to deliver, Salesforce finds
Source: Venture Beat AI agents are set to transform enterprise. But when will they really come to the fore? Salesforce and Mulesoft says this will be the year. Read Full Article
NIP Group partners with Abu Dhabi on gaming and esports in $40M deal
Source: Venture Beat NIP Group said it has partnered with the Abu Dhabi Investment Office (ADIO) to drive gaming in Abu Dhabi in a $40M deal. Read Full Article