A few key points: Starting Thursday, Twitter will give users the option to buy and sell stocks and other assets from eToro, the company told CNBC exclusively. The partnership marks a rare deal for Twitter since Elon Musk took the reins as CEO after buying the platform for $44 billion last year. Musk has made it his mission to turn Twitter into a so-called “super app” that offers users financial …
Savvy Games Group has agreed to acquire mobile game publisher and developer Scopely for $4.9 billion. The deal is the latest sign of consolidation in gaming — and mobile gaming in particular — and it further cements the push by Saudi Arabia’s Savvy Games Group to expand in the game industry. Read more here.
Savvy Games Group announced an agreement to acquire Scopely, a maker of mobile games including “Star Trek Fleet Command,” “Marvel Strike Force,” “Looney Tunes World of Mayhem,” “Scrabble Go” and “Yahtzee With Buddies,” in a deal valued at $4.9 billion. Read more here.
Savvy Games Group, a games and esports company that is part of the Saudi government’s Public Investment Fund, has agreed to acquire mobile games studio Scopely for $4.9 billion. Founded in 2011, Scopely is known for several popular mobile games including Yahtzee With Buddies, Star Trek Fleet Command, Marvel Strike Force, Stumble Guys and Scrabble Go. Read more here.
After calling off its plans to go public via a SPAC at a $10.4 billion valuation in 2022, trading platform eToro has secured $250 million in funding at a $3.5 billion valuation. Read more here.
We haven’t yet seen the culmination of the valuable applications that capture the mass market’s attention and necessary steps towards creating a crypto future mass adoption. In this article, our own Mike Lazerow, managing director, shares his thoughts on the five key things the market needs to bring the promise of the crypto future into reality. Read the article here.
“The path forward requires closing the massive gap between the blockchain’s promise to improve people’s lives and today’s reality which falls well short.” Our own Mike Lazerow was published by @VentureBeat’s Data Decision Makers and shares his thoughts on moving past this crypto inflection point. Read more about Lazerow’s thoughts here.
Sometimes water tastes better when it’s in a cool-looking can. At least that’s the thesis behind Liquid Death, a 3-year-old startup that is already valued at $700 million following its latest round of financing. The $70 million investment was led by Science Ventures, with participation from other investors including Live Nation Entertainment Inc., music group Swedish House Mafia and comedian Whitney Cummings. Read more here.
In a new contributed article for Staffing Insider, KarmaCheck’s co-founder and CEO, Eric Ly, shares his perspective on how the travel industry can prevent the looming travel breakdown in a tight labor market. Read the article here.
Having completed a $7 million investment round, 3,000 NFTs will be minted and distributed on July 15 to fans wanting to help plan the SUPERF3ST festival. Read more here.
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