Sapphire Ventures plans to invest over $1B in enterprise AI startups

July 11, 2023

VC firm Sapphire Ventures says that it plans to invest more than $1 billion in AI-related enterprise startups, demonstrating the strong appetite among investors for cutting-edge AI tech. Reuters reports that the $1 billion in capital will come from Sapphire’s existing funds, which have $10 billion under management and about $3 billion waiting to the […]

Sapphire Ventures plans to invest over $1B in enterprise AI startups by Kyle Wiggers originally published on TechCrunch

India deals a 28% tax blow to online gaming

July 11, 2023

India unveiled a significant tax increase on turnovers of online gaming companies on Tuesday evening in a major blow to the fast-growing industry that was quick to label the move as “unconstitutional.” The Goods and Services Tax Council, which comprises top federal and state finance ministers, said it had agreed to levy a 28% indirect […]

India deals a 28% tax blow to online gaming by Manish Singh originally published on TechCrunch

Microsoft’s Activision Blizzard merger can’t be blocked by FTC, judge rules

July 11, 2023

Microsoft and Activision Blizzard earned a big win in court today, as a federal judge ruled that the Federal Trade Commission cannot block the $68.7 billion merger. The FTC sued Microsoft in December in an attempt to stop its acquisition of the gaming giant, which owns massive franchises like World of Warcraft and Call of […]

Microsoft’s Activision Blizzard merger can’t be blocked by FTC, judge rules by Amanda Silberling originally published on TechCrunch