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NERD ETF Co-Founder Talks Tencent, Sea Limited, Foreign Gaming Stocks
Friday, December 4, 2020 - 8:17am | 765The Roundhill BITKRAFT Esports & Digital Entertainment ETF (NYSE: NERD) owns stocks from 13 countries, including some that trade on exchanges outside of the United States. Benzinga spoke to Roundhill Investments Co-Founder Will Hershey to get his thoughts on the global esports market. ...
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Apple's 15% Store Fee Cut Attempt At Skirting Scrutiny By Doing The Bare Minimum, Says Epic CEO
Thursday, November 19, 2020 - 4:15am | 458Apple Inc's (NASDAQ: AAPL) announcement to cut commission for small developers is being dismissed by Epic Games CEO Tim Sweeney as a move to stifle criticism. What Happened: Sweeney described the Cupertino-based technology giant's move as an attempt to sow discord between app...
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Epic Games' Purchase Of Facial Animation Tech Startup Hyprsense Gives Rise To 'Fortnite' Speculations
Tuesday, November 17, 2020 - 3:41am | 420Game developer Epic Games Inc has acquired California-based real-time facial animation technology company Hyprsense. What Happened: Epic Games CTO Kim Libreri remarked that the acquisition will enable the game maker to explore further innovations in digital characters. Although Epic...
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Apple's Theft Claim Against 'Fortnite' Maker Epic Gets Thrown Out By Court
Wednesday, November 11, 2020 - 3:11am | 444Apple Inc’s (NASDAQ: AAPL) two tort claims against game developer Epic Games Inc have been dismissed by a U.S. District Court, Bloomberg reported late Tuesday. What Happened: “This is a high-stakes breach of contract case and an antitrust case and that’s all in my view...
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'Fortnite' Is Making An Unusual Comeback On Apple's iPhones: BBC
Friday, November 6, 2020 - 2:56am | 470Owners of Apple Inc (NASDAQ: AAPL) devices could soon be able to play Epic Games’ "Fortnite" once again after it was taken down from the App Store amid a legal tussle between the two companies, the BBC reported Thursday. What Happened: The game could return back to the devices...
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Apple Holds 'Crazy, Misguided View' About Owning All Commerce Related To iPhone, Says Epic Founder
Monday, October 26, 2020 - 12:20am | 456Epic Games founder and CEO Tim Sweeney castigated Apple Inc (NASDAQ: AAPL) over antitrust concerns in the ongoing dispute over the removal of the former's "Fortnite" game from the App Store. What Happened: “Apple’s position is that they seem to truly believe they...
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Unreal Engine Powers 'Fortnite,' Could Soon Power Electric Vehicle Interface
Tuesday, October 13, 2020 - 11:14am | 297Unreal Engine, an architecture that's used to develop and design video games, is now being used to develop electric vehicles. What Happened: General Motors Company (NYSE: GM) announced it will use the newly created Human Machine Interface program from Epic Games, a Tencent Holdings (Pink:...
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How Companies Like IFTTT Could Be Avoiding Apple's 'App Tax'
Thursday, October 1, 2020 - 4:42pm | 899Apple Inc (NASDAQ: AAPL) continues to make new enemies over its 30% commission charged on apps, in-app purchases and subscriptions paid through the iOS app store. The Apple Tax: Apple is well-known for taking a 30% commission from companies, a fee that is sometimes referred to as the...
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Spotify, Match Group, Epic Games Join Fight Against Apple's App Store
Thursday, September 24, 2020 - 12:54pm | 550The fight against Apple and its App Store fees and practices intensifies with thee large companies joining a non-profit pushing for changes. What Happened: Spotify Technology (NYSE: SPOT), Match Group Inc (NASDAQ: MTCH) and Epic Games, owned by Tencent Holdings (Pink: TCEHY) joined the non-profit...
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How Trump's Chinese Tech Crackdown Could Impact 'Fortnite,' 'League of Legends'
Tuesday, September 22, 2020 - 3:48pm | 635The ongoing saga between China and the United States over how data collected is now shifting from TikTok to gaming companies. What Happened: Chinese gaming companies are being scrutinized by the U.S. government, according to a Thursday Bloomberg report. Tencent (Pink: TCEHY), the world...
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Unity Software IPO: What Investors Need To Know
Friday, September 18, 2020 - 7:04am | 559This week’s hot IPO market will continue on Friday with the largest platform for creating video games going public. The Filing: Unity Software (NYSE: U) is planning on selling 25 million shares. The company will trade on the NYSE with symbol U. The company had originally planned a pricing...
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IPO Outlook For The Week: Snowflake and Amwell Lead Busy 12 IPO Lineup
Sunday, September 13, 2020 - 9:29am | 1410Benzinga took a look at high profile IPOs coming in the second half of 2020. Six of those 13 companies could price the week of September 14. Here is a look at the 12 companies expected to go public. Amwell: Alphabet Inc. (NASDAQ: GOOG) backed Amwell (NYSE: AMWL) plans to sell 35 million shares...
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BofA On 5 Upcoming Apple Catalysts: 'Time To Pay Attention To The Fundamentals'
Thursday, September 10, 2020 - 1:57pm | 525BofA Securities named five upcoming catalysts for Apple Inc. (NASDAQ: AAPL) in a new report. The Apple Analyst: Bank of America analyst Wamsi Mohan maintains a Neutral rating on Apple with a $140 price target. The Apple Takeaways: “Given the recent reversal in momentum for...
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Apple's Epic Rebuttal: Fortnite Maker A Billion-Dollar Corporation, Not Modern Day Robinhood
Tuesday, September 8, 2020 - 11:20pm | 490The battle between Apple Inc (NASDAQ: AAPL) and Epic Games has escalated to new heights after the iPhone manufacturer slapped a counter-lawsuit against the game developer, according to the Wall Street Journal. Both of these technology companies are locked in a dispute over revenues generated from...
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Apple Must Restore Unreal Engine For Now, But 'Fortnite' Proves An Epic Fail With Court
Tuesday, August 25, 2020 - 1:14am | 510In a mixed ruling, Epic Games Inc. secured interim relief against Apple Inc’s (NASDAQ: AAPL) move to terminate its developer accounts that include the company’s “Unreal Engine” development platform, Bloomberg reported Tuesday. What Happened: The iPhone maker also...