Largo.ai, the AI-driven analytics platform for the film, TV and advertising industries, has secured $7.5 million (€7.2m) funding with Hollywood actor Sylvester Stallone among the new backers. Co-led by Los Angeles-based TI Capital and Switzerland and Los Angeles-based QBIT Capital, the ‘A’ funding round participants include Boston’s Atreides Management, former Vice Chairman and Chief Operating […]
Microsoft UK CEO, Clare Barclay, has been appointed chair of the Industrial Strategy Advisory Council, heading up the UK government’s strategy on key sectors, including the creative industries and AI. “Whilst we fully embrace the industries of today, we must also have a clear plan for future growth, and the advisory council will play a […]
TelevisaUnivision, the Spanish-language media and content company, has announced the appointment of Daniel Alegre as the Company’s Chief Executive Officer, effective immediately. As part of the Board of Directors’ long-term succession planning process, Alegre will succeed Wade Davis, who will transition to the role of Vice Chairman of the Board of Directors and continue as […]
Research reveals a third (33 per cent) of committed gamers across seven global markets have already used a cloud gaming service, alongside 10 per cent of casual gamers. The majority (82 per cent) of those who have tried cloud gaming are likely to use it again and the current uptake of cloud gaming services is […]
Samsung Electronics has announced the latest additions to the Odyssey monitor series: the Odyssey Neo G9 57” (Model name: G95NC) and the Odyssey Ark 55” (Model name: G97NC). The gaming monitors, are on display at Gamescom 2023, a European event for computer and video games, from 23 August 2023 to 27 August 2023 in Cologne, […]
Microsoft has submitted a new deal for review by the UK’s Competition and Markets Authority (CMA) following confirmation that its original deal to acquire Activision had been blocked to protect innovation and choice in cloud gaming. In an unusual step, Microsoft had sought to revisit the CMA’s original prohibition decision, arguing that blocking the original […]
The chances of Microsoft taking over video games publisher Activision Blizzard have been boosted after a US judge rejected a request from US regulators to block the deal. The US Federal Trade Commission (FTC) asked a judge to block Microsoft’s $69 billion (€63.9bn) takeover suggesting the deal could “substantially lessen competition” in the sector. Judge […]
The US Federal Trade Commission (FTC) has asked a judge to block Microsoft’s $69 billion (€63.9bn) takeover of video game publisher Activision Blizzard. The US regulator said the deal, which would be the largest in the history of the video games industry, could “substantially lessen competition” in the sector. The move comes a few weeks […]
The European Commission has approved, under the EU Merger Regulation, the proposed $68.7 billion (€62.2bn) acquisition of Activision Blizzard by Microsoft. The approval is conditional on full compliance with the commitments offered by Microsoft, and comes some three weeks after the UK blocked the deal over concerns it would alter the future of the fast-growing cloud […]
Microsoft and Nvidia have agreed to a 10-year partnership to bring Xbox PC games to the Nvidia GeForce NOW cloud gaming service – which has more than 25 million members in over 100 countries. The agreement will enable gamers to stream Xbox PC titles from GeForce NOW to PCs, macOS, Chromebooks, smartphones and other devices. It […]