business model

Discord Ends Talks With Microsoft, Likely To Pursue IPO

Last month we reported Microsoft was in talks with Chat startup, Discord Inc. to acquire the latter for a deal worth more than $10 Billion. But, as per a new report by WSJ, Discord has ended the talks with Microsoft and has decided to remain independent. The chat platform has decided to build upon its platform and further monetize its userbase that has grown significantly during the pandemic. Discord Inc. also plans to go public and launch its IPO later. Although the sources claim that the plans for IPO are

GameStop CEO George Sherman to step down in July

- Advertisement - GameStop, the world’s largest Video Game retailer has been in the news for quite a while lately due to the sudden surge in their stock (GME) value earlier this year thanks to investors on Reddit who collectively rushed to buy their stocks, causing the value to soar up to 100% and above as a result. The company recently announced that George Sherman, its current CEO will be stepping down on July 31, or perhaps even earlier if a suitable successor is found. Sherman has been with the

Astralis Group announces intention to trade in US market

Danish esports organisation Astralis Group has announced its intention to trade in the US market through a dual quotation on the OTCQX Best Market. According to the release, the organisation has applied to be publicly listed in the country due to ‘growing US investor interest’ in Astralis Group. Photo credit: Astralis Group / DreamHack RELATED: Astralis extends and expands HP commercial partnership If proven successful, US-based investors will be able to purchase Astralis Group shares. The organisation has also stated that the listing is expected to increase liquidity. Anders Hørsholt,

Astralis gearing up for US Stock Exchange listing

Denmark’s esports pride, Astralis which owns multiple rosters across esports titles is looking to gear up for a listing on the US Stock exchange, the company Tweeted today. The announcement said the listing on the stock exchange was in accordance with the growing interest of US investors in their organization. Astralis Group became the first esports team to get listed when they made their debut on the Danish Nasdaq exchange in December 2019. The listing didn’t turn out to be extraordinary. Astralis Group applies for trading on OTCQXWe are pleased

Overholt Says Vision for OverActive Media Group is Becoming Reality

After two major announcements in recent months, OverActive Media CEO Chris Overholt says the vision to turn the company into the next Maple Leaf Sports & Entertainment or Madison Square Garden Co. is turning to reality, SBJ’s Adam Stern reports.  OAM owns several teams in esports including the two Toronto teams in Activision Blizzard’s franchised leagues as well as the popular Mad Lions organization that is based in Spain and competes in the League of Legends European series, the LEC.   First, in late February, OAM unveiled plans for a $500M,

KNAACK® To Sponsor The World’s Strongest Man Competition

ITASCA, Ill., April 1, 2021 /PRNewswire/ -- KNAACK®, the trusted leader in tool storage and jobsite security, announced today that it is an official sponsor of the 2021 SBD World's Strongest Man (WSM) competition, happening June 15-20 in Sacramento, California. Over the years, fans have watched competitors carry things from cars to refrigerators, from pulling airplanes to participating in the infamous Hercules' hold. This year, participants will compete in a Deadlift event with KNAACK jobsite boxes as legendary and durable as the World's Strongest Man competition itself. "We are very excited to

New Overwatch Mobile Game Apparently Planned to Release Alongside Overwatch 2

OverwatchInvestor call transcripts and various sources claim that Overwatch will arrive to players' phones. | Courtesy of Blizzard Entertainment. New information from Dexerto's Editor-at-Large, Richard Lewis, claims that he knows from "good authority" that Blizzard was planning to release an Overwatch mobile game. He shared this information on the record during an episode of The Four Horsemen podcast. “I have it on good authority that the original plan before the pandemic really kicked everything into survival mode was that they wanted to release Overwatch 2 and Overwatch Mobile at the

$2 Billion USDT Migrate from Tron to Ethereum & USDC is Added to Stellar

Germany has a very diverse, active blockchain ecosystem of companies and enthusiasts, especially in the city of Berlin. And an important step in the development of this ecosystem has been taken by the federal government itself, which tries to preserve and promote the vibrant blockchain ecosystem to continue its growth and make Germany an attractive opportunity for investment in this field. Comprehensive, sound regulation To further this goal, the German government adopted a national blockchain strategy back in September 2019 to support its commitment to the use of the technology.

Blockchain Game Alliance Will Host NFT Open Forum to Boost Adoption

The Blockchain Game Alliance was formed by a group of companies looking to boost the adoption of blockchain technology in the gaming industry, and it is sponsored by companies like Ubisoft, AMD, ARK.io, Maker, and Algorand.The organization will be running an online open forum discussion on January 15th about the status of the NTF space and its future in 2021.The gamification of cryptocurrency investment strategies like yield farming represented a step forward for NFT’s, which promise to be a big player in the crypto ecosystem in 2021.The Blockchain Game Alliance

Parsec Raises $25M to Ensure You Can Connect to Any Computer in the World Remotely

Remote working has become the new normal but for some professions, having access to the powerful computing systems found at the office is difficult to replicate.  Parsec is a platform that allows users to remotely access virtual machines and their powerful PCs from any device without any noticeable latency.  The company got its start in gaming, where it was popular with gamers that wanted to play on the go, but since the pandemic, the technology is being used by animators, game developers, engineers, or anyone that needs enhanced processing power