Consumers

Sports Stocks Approach Breakout Potential (OTC US: BTDG) ($CHDN) ($WWE) ($MSGS)

The live sports space has been a key story in the process of the pandemic. Now, with multiple vaccine candidates moving toward emergency use authorization, that reality is heightened. Normality is nearing a return. In the past three weeks, we have seen COVID-19 vaccine candidates from Pfizer/BioNtech, Moderna, and Oxford/AstraZeneca all report strong data and promising safety/efficacy profiles, which shapes the market’s view and discounting mechanism powerfully. Now, we are seeing new announcements from both Russia and China ringing the same bell. The reopening trade is on in a big

Epic Games founder Tim Sweeney likens fight against Apple to fight for civil rights

Earlier today, Apple announced it will reduce the App Store commissions for smaller businesses so that developers earning less than $1 million per year pay a 15% commission on in-app purchases, rather than the standard 30% commission. Tim Sweeney, founder of Epic Games, says the move — an apparent reaction to current investigations into Apple by Congress, the European Union, the Justice Department and the Federal Trade Commission on antitrust grounds — doesn’t go nearly far enough. This morning, he told the Wall Street Journal that Apple is merely “hoping

Extra Crunch roundup: Inside DoorDash’s IPO, first-person founder stories, the latest in fintech VC and more

One of my favorite series of Monty Python sketches is built around the concept of surprise: Chapman: I didn’t expect a kind of Spanish Inquisition. [JARRING CHORD] [Three cardinals burst in] Cardinal Ximénez: NOBODY expects the Spanish Inquisition! I was reminded of this today when I needed to reschedule a few stories so we could cover DoorDash’s S-1 filing from multiple angles. First, Managing Editor Danny Crichton looked at how well the company’s co-founders and many investors stand to make out. Alex Wilhelm covered the IPO announcement in depth on TechCrunch before writing

PlayStation 5 Owners Are Having To Factory Reset Due To Bug

2020 was quite the anticipated year for the video game industry. This would be the year that we received the next-generation video game consoles and while the world was hit with a health pandemic outbreak, it wasn’t enough to stop Sony or Microsoft. Both companies were able to bring out their next-generation video game consoles into the market and fans have started to receive their pre-order units. However, there’s always a risk of jumping onto a new console especially after they are first released into the market. New consoles usually

Sony PlayStation 5 Has Sold Out In Japan

2020 has been quite the anticipated year for the video game industry. We knew that this would be the year that both the Microsoft and Sony companies would be bringing out their next-generation video game console platforms into the market. However, none of us could have predicted the coronavirus health pandemic outbreak that occurred around the world. This prompted plenty of gamers to ask if these consoles would even hit the marketplace this year or if we would see a delay push the platforms into 2021. That’s not going to

Tilt Five Secures $7.5M Series A to Revolutionize Gaming Through 3D…

Tilt Five Promo Photo “While the tech giants invest billions in far-off solutions, this investment expands our ability to deliver on a proven set of technologies resulting in an affordable, social and wearable device,” said Jeri Ellsworth, Tilt Five CEO. SAN JOSE, Calif. (PRWEB) October 28, 2020 Tilt Five, an entertainment system provider that uses proprietary augmented reality (AR) glasses, a game board, and a wand controller to engage players in tabletop and video games in 3D holographic environments, today announced that it has secured $7.5 million in Series A

SIP Global Partners Leads $7.5 Million Series A Funding For Tilt Five,…

NEW YORK (PRWEB) October 28, 2020 SIP Global Partners, a Japan-US headquartered VC firm that invests in transformative global technology, today announced it is leading a $7.5 million Series A round for Tilt Five. Tilt Five is an entertainment system provider that uses proprietary augmented reality (AR) glasses, a game board and a wand controller to engage players in tabletop and video games in 3D holographic environments. As part of the investment, General Partner of SIP Global Partners Jeffrey Smith will join Tilt Five’s Board of Directors. Other participants in