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Saudi Arabia Could Take $1bn Stake In DAZN
Broadband TV News reports: "Saudi Arabia’s Public Investment Fund (PIF) is said to be close to taking a minority stake in sports streaming service...
Aonic Invests $10M In Gaming Rewards Company Mega Fortuna
GamesBeat reports: "Aonic announced today that it has made a $10 million minority investment in mobile gaming loyalty and discovery platform operator Mega Fortuna,...
Synthesia Snaps Up $180M At A $2.1B Valuation For Its B2B...
TechCrunch reports: "As the world continues to work through how to handle the explosion of deepfake content online, it seems that not all AI-created...
Mobile Games Giant Supercell Backs Music Startup NextBeat
Music Ally reports: "Mobile title Beatstar has been one of the music-gaming success stories of the past decade, racking up nearly 100m downloads of...
Major Studios Pledge Millions Of Dollars In Donations To L.A. Fire...
The Hollywood Reporter reports: "As multiple wildfires rage in Los Angeles County, studios are mobilizing their own response efforts. Following Disney, Warner Bros. Discovery...
Infinite Reality Secures $3bn In Funding
Games Industry Biz reports: "Metaverse platform Infinite Reality has raised $3 billion in a funding round, bringing the firm's total valuation to $12.25 billion....
Google Funds Rooms With $1 Million After One Million Spaces Created
Next Unicorn reports: "Google has invested $1 million in Rooms, a 3D design app developed by ex-Google employees, after users built more than one...
Silicon Valley Is So Dominant Again, Its Startups Devoured Over Half...
TechCrunch reports: "For all the chatter about the decline of San Francisco, data repeatedly shows that the Bay Area, including the city itself, is...
Global VC Investments Rose 5.4% To $368.5B In 2024, But Deals...
VentureBeat reports: "Global venture capital investments rose to $368.5 billion in 2024, up 5.4% from $349.4 billion a year earlier, according to the first...
Global Generative-AI Funding Nearly Tripled In 2024 To $56bn
Music Ally reports: "Funding has been pouring into the generative AI (GenAI) sector in the past couple of years. Now we know how much...