Category: Gaming
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India again delays rules to break PhonePe-Google Pay duopoly
India has once again pushed back a contentious plan to limit big technology companies’ control of the nation’s digital payments system, extending a regulatory uncertainty that has weighed on the sector for years. The National Payments Corporation of India said on Tuesday it would extend the deadline for implementing a 30% cap on any individual…
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Samsung pays $181M to become largest shareholder of Rainbow Robotics
Samsung Electronics said on Tuesday that it has become the largest shareholder of South Korea-based robotics maker Rainbow Robotics, increasing its stake from 14.7% to 35% for KRW 267 billion (about $181 billion). The electronics giant, which paid KRW 86.8 billion for the 14.7% stake in 2023, said it is acquiring the stake to bolster…
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Gupshup investor cuts value of its stake again, implying new valuation of $486M
Asset management firm Fidelity slashed the estimated worth of its stake in business messaging platform Gupshup by another 7.7% last month, lowering the value of its holding in the SaaS startup by a total of more than 65% since its investment in mid-2021. One of the funds operated by the U.S. asset manager valued its…
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This MagSafe iPhone wallet doubles as a stand and offers Find My functionality
For a number of years now, Moft has offered some of the most innovative gadget accessories. They’re always interesting, if not necessarily useful. This new combination Find My wallet and stand manages to tick both boxes. The accessory was announced a couple of weeks out from CES, where it will be shown off for the…
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ByteDance appears to be skirting US restrictions to buy Nvidia chips: Report
TikTok parent company ByteDance has big plans to buy Nvidia chips in 2025 — despite U.S. restrictions. ByteDance plans to spend $7 billion on the chips in 2025, according to reporting from The Information, citing inside sources. If ByteDance follows through, it will become one of the world’s top owners of Nvidia chips, despite U.S. efforts…
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Blue Origin looks to take on SpaceX dominance with New Glenn launch days away
Nearly a quarter century after its founding, Jeff Bezos’ Blue Origin is gearing up to launch an orbital rocket for the first time — and finally enter the competitive launch industry that is currently dominated by SpaceX. Company executives have maintained that they are planning to launch the towering rocket, called New Glenn, before the…
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From AI agents to enterprise budgets, 20 VCs share their predictions on enterprise tech in 2025
While AI is lauded by some as the biggest technological breakthrough since the industrial revolution, enterprises — arguably the tech’s biggest potential customer base — have been slow to adopt AI. While some investors predicted that 2024 would be the year we’d start to see more AI adoption by enterprises, that didn’t play out as…
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US Treasury says China stole documents in ‘major’ cyberattack
Treasury officials attributed the December theft of unclassified documents to China. © 2024 TechCrunch. All rights reserved. For personal use only. Treasury officials attributed the December theft of unclassified documents to China. © 2024 TechCrunch. All rights reserved. For personal use only.
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Volkswagen leak exposed precise location data on thousands of vehicles across Europe for months
The data was found exposed on an Amazon cloud server, and contained precise location data on thousands of vehicles. © 2024 TechCrunch. All rights reserved. For personal use only. The data was found exposed on an Amazon cloud server, and contained precise location data on thousands of vehicles. © 2024 TechCrunch. All rights reserved.…
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Bench to be acquired after abruptly shutting down
Bench, the VC-backed accounting startup that left thousands of customers locked out of their accounts after it suddenly shut down last week, will be acquired by Employer.com for an undisclosed price in a last-minute deal, TechCrunch has exclusively learned. The San Francisco-based HR tech company Employer.com focuses on payroll and onboarding, in contrast to Bench,…