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Netflix online gaming is the next big thing in the streaming industry
Netflix's vice president of gaming, Mike Verdu, revealed two specific details concerning the streaming giant's entry into games at TechCrunch Disrupt. He stated that Netflix is "seriou...
Chinese tech giant Tencent posts $370 billion revenue loss, the biggest so far
China's biggest technology company, Tencent Holdings, revealed its first revenue fall since going public in 2004. It also posted missed earnings targets as a result of cutting roughly 5,500...
AppLovin files for IPO
AppLovin joins the wagon of video game companies filing for IPO since the market hit $1.25 billion in 2020.The company which has a portfolio of popular mobile games filed its IPO prospectus on Tuesday...
Roblox confidentially files to go public
U.S. gaming company Roblox announced on Monday that it filed with the Securities and Exchange Commissions, but confidentially.Roblox is yet to disclose how many shares will be offered, and any other r...
David Beckham-backed esports firm stock market debut
Guild Esports is an esports firm backed by David Beckham. It is the first of its kind to get listed on the London Stock Exchange. The firm’s valuation is around £40 ($52 million). In its i...