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Wargraphs, a gaming startup with only one employee and no outside funding, sells for $54M
While the U.K. and U.S. try to block Microsoft’s acquisition of Activision over concerns it will kill competition in games distribution, competition appears to be alive and well in another (smaller) area of gaming: modding and analytics. Wargraphs, a one-man-band startup behind a popular companion app for League of Legends called Porofessor, which helps players […]
Wargraphs, a gaming startup with only one employee and no outside funding, sells for $54M by Ingrid Lunden originally published on TechCrunch
Twitter is facing a $250 million lawsuit filed by major music publishers
A music publisher’s coalition that includes big names like Universal Music Corp., BMG, Warner Chapell, and Sony Music Publishing is suing Twitter for copyright infringement. The National Music Publishers’ Association (NMPA), representing 17 publishers, listed 1,700 songs for which it sent multiple copyright violation notices to the social network. The lawsuit, filed in Federal District […]
Twitter is facing a $250 million lawsuit filed by major music publishers by Ivan Mehta originally published on TechCrunch
Stellantis has invested about one-third of its 300M euro fund into 10 startups
The corporate venture arm of automaker Stellantis has invested about one-third of its 300 million euro ($324M) fund into 10 startups that cover everything from battery technology and holographic augmented reality to sustainable manufacturing and even e-bikes. Stellantis Ventures said Wednesday it also invested in an unnamed venture capital firm’s mobility fund. Stellantis didn’t disclose […]
Stellantis has invested about one-third of its 300M euro fund into 10 startups by Kirsten Korosec originally published on TechCrunch
Peach Cars, a Kenyan used-car marketplace, raises $5M in seed investment
Kenyan automotive marketplace Peach Cars is announcing its $5 million seed round led by Japan-based The University of Tokyo Edge Capital Partners (UTEC) and other angel investors, including Shintaro Yamada (founder and CEO of Mercari), Peter Kenevan (VP, Head of Japan at PayPal), and Hiroaki Ohta (general partner at Japan’s Waseda University Ventures). The startup, […]
Peach Cars, a Kenyan used-car marketplace, raises $5M in seed investment by Tage Kene-Okafor originally published on TechCrunch
Don’t rush generative AI apps to market without tackling privacy risks, says UK watchdog
The UK’s data protection watchdog has fired its most explicit warning shot yet at generative AI developers — saying it expects them to address privacy risks before bringing their products to market. In a blog post trailing remarks the Information Commissioner’s Office’s (ICO) exec director of regulatory risk, Stephen Almond, will make at a conference later […]
Don’t rush generative AI apps to market without tackling privacy risks, says UK watchdog by Natasha Lomas originally published on TechCrunch