TikTok plans big push into gaming, conducting tests in VietnamBoasting a tech-savvy population with 70% of its citizens under the age of 35, Vietnam is an attractive market for social media platforms s...
Microsoft-Activision deal ignites M&A talk in rivalsThe stocks of Electronic Arts, Roblox, Ubisoft Entertainment and CD Projekt surged—some of them are being talked-up as potential acquisitio...
Microsoft to buy 'Call of Duty' maker Activision in $68.7-billion dealActivision's library of games such as 'Call of Duty' and 'Overwatch' also gives Microsoft's Xbox gaming platform an edge over Sony's Playst...
Take-Two to acquire Zynga at an enterprise value of $12.7 billionTake-Two said it would acquire all the outstanding shares of Zynga at $9.86 per share. Shares of Zynga rose 40.2% to $8.89 in trading befor...
Gupshup appoints Gaurav Kachhawa as Chief Product OfficerGupshup has appointed Gaurav Kachhawa as chief product officer to lead the company’s overall product strategy as well as a global innovatio...
S&P 500, Dow close at record highs as solid jobs data boosts cyclicalsNonfarm payrolls increased by 943,000 jobs last month, a Labor Department report showed. Economists polled by Reuters had forecast payrolls...
Twitter former CFO Mike Gupta joins SoftBank-backed farming startup PlentySoftBank Group Corp.-backed Plenty has made several high profile hires in recent years, including Tesla Inc.’s former battery directory Kur...
Facebook fail is blow for Silicon Valley cult of founder controlGoogle started it with a 2004 initial public offering that gave co-founders Larry Page and Sergey Brin voting rights well beyond their econ...
These founders learnt a lesson getting fired from their companiesSteve Jobs was fired from Apple in 1985, almost 10 years after he started it. Although he returned as Apple CEO in the late 90s, Jobs said ...
Facebook to be most valued US firm at debut on NasdaqFacebook will have the largest market value of any US company at the time of IPO, ahead of United Parcel Service (USD 60 billion - November...
- Facebook to lead biggest US internet IPO since 1999
With another 14 Web-related companies planning sales, internet industry may raise $11 billion next year.
- Zynga seeks $1 billion in biggest web IPO since Google
The biggest developer of games for Facebook offering 100m shares for $8.50- $10 apiece.
Angry Birds seeks retail alliesRovio, whose smartphone game has been downloaded more than 350 million times, is in discussions with Starbucks.
- Million users flock to rift, Sony’s PlayStation and Microsoft’s Xbox feel the heat
Microsoft plans to add voice control that can work both in games and in the Bing search engine on the console this Christmas, Kaltner said.
- Angry Birds' maker likely to seek funding at $1.2 billion valuation
Rovio Entertainment Oy is in talks to receive funding that would value the company at about $1.2 bn, two people with knowledge of the discu...
- Yahoo teams with Groupon, others to dangle deals
Yahoo Inc. is hopping on the bargain-hunting bandwagon with Groupon, the Internet's hottest discount broker, and more than a dozen other si...
- Google in talks with online game cos to develop Facebook rival
Google is in talks with makers of popular online games as it seeks to develop a broader social networking service, says a media report. Goo...