Riot Games will buy next-gen consoles and give 10% bonus for all employees

Riot Games CEO Nicolo Laurent is handing out the perks today for employees that include buying next-generation consoles for all full-time workers. Riot employees can choose from the Xbox Series X, PlayStation 5, and Nintendo Switch from now through 2021. Riot will also provide a one-time 10% bonus, with an additional 2.5% for each year […]

Mobile esports firm Skillz sees stock price jump 127% in first-day trading

Mobile esports company Skillz saw its shares rise 127% to $22.73 a share in its first day of trading on the New York Stock Exchange. The San Francisco company took advantage of the boom in the game industry, which has grown quickly this year as people turn to games for solace during the pandemic. The […]

Has AI adoption plateaued, or is it just catching its breath?

It has been a wild year in every quarter, and AI development is no exception. On the whole, the year has been mixed for AI, as there have been both notable advances and new revelations about abusive applications of the technology. And the market for AI technologies appears to have plateaued, with a recent global […]

Discord raises $100 million as its social hub hits 140 million users

Discord has raised another $100 million in funding as the instant messaging app popularized by gamers has now hit 140 million monthly active users. Greenoaks Capital led the funding, and it comes after Discord previously raised $100 million in June as it tries to reach a broader set of communities. In addclosed out 2020 with […]

40 more states have targeted Google with its third antitrust lawsuit in two months

Sally Hubbard, the director of enforcement strategy at the Open Markets Institute, explained that the “divide and conquer strategy” is due to resource constraints, “with different enforcers focusing on different aspects of Google’s monopolization.”  What took so long?  While the three lawsuits against Google this year—in addition to lawsuits and investigations against Facebook, Amazon, and […]

Hearo launches its desktop and mobile co-watching party app

Hearo has launched its Hearo.Live service for watching movies and other events with your friends on desktop PCs and mobile devices. It’s another way to stay close to family or friends during the pandemic since we can’t gather and watch shows at each other’s homes so easily anymore. Hearo is also raising money via equity crowdfunding […]

Analysis-Global chip shortage threatens production of laptops, smartphones and more

By Hyunjoo Jin, Douglas Busvine and David Kirton SEOUL/BERLIN/SHENZHEN, China (Reuters) – Makers of cars and electronic devices from TVs to smartphones are sounding alarm bells about a global shortage of chips, which is causing manufacturing delays as consumer demand bounces back from the coronavirus crisis. The problem has several causes, industry executives and analysts […]