Twitter No Longer an Independent Company After Merger With Elon Musk’s Newly Formed Shell Firm X

Twitter Inc. has ceased to be an independent company after merging with a newly formed shell firm called X Corp., driving speculation about what Elon Musk intends for the social media platform. Twitter “no longer exists” after being merged with X Corp., according to an April 4 document submitted in a California court for a … Read more

E3 2023 Has Been Cancelled

E3 2023 has been cancelled — it’s not happening in any form, in-person or digital, this year. The Entertainment Software Association (ESA) confirmed the news on Twitter, following an original report from IGN based on emails sent to its members. It mentioned that while E3 was a beloved brand, the 2023 edition ‘simply did not … Read more

China’s Online Gaming Regulator Grants Approval to 27 New Video Games, Including Tencent, NetEase Titles

China’s online gaming regulator on Monday granted licences to 27 foreign games in March, including titles to be published by Tencent Holdings, NetEase and Bilibili. Among the imported online games approved by the National Press and Publication Administration is at least one by Tencent, a game called Merge Mansion, according to a list the regulator … Read more

Tencent-Owned WeChat Adds In-App Support for China’s CBDC, Here’s Why

WeChat has added in-app support for China’s e-CNY CBDC in order to get more nationals to use the digital currency. Owned by tech giant Tencent, WeChat is China’s equivalent to WhatsApp, offering an array of social networking mediums as well as a bank-to-bank payment option. As per statistics tracker Oberio, WeChat is estimated to have … Read more

Microsoft’s Licensing Offer Said to Likely Satisfy EU on Activision Deal

Microsoft’s offer of licensing deals to rivals is likely to address EU antitrust concerns over its $69 billion (nearly Rs. 5,68,000 crore) acquisition of Activision, three people familiar with the matter said, helping it to clear a major hurdle. Microsoft announced the Activision bid in January last year, its biggest ever, to take on leaders Tencent … Read more

EU Antitrust Regulators Extend Deadline for Verdict on Microsoft’s $69 Billion Activision Deal to April 25

EU antitrust regulators have extended their deadline for a decision on Microsoft’s $69 billion (roughly Rs. 5,71,800 crore) acquisition of Call of Duty maker Activision to April 25, according to a European Commission filing on Wednesday. The Xbox maker announced the Activision Blizzard deal in January last year to help it compete better with leaders … Read more