valued

The Esports Bubble: Fact or Fiction?

Source Node: https://www.dbltap.com/posts/the-esports-bubble-fact-or-fiction-01f4a8pyjvsd?utm_source=RSS
Time Stamp: April 28, 2021 1:09 PM - Modified On: April 28, 2021 - Published By:
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Top GamesThe 2020 League of Legends Worlds Finals | Photo courtesy of Riot GamesMany experts in the esports industry have been debating whether the esports market has evolved into a bubble. With money pouring into esports and related companies at a rapid and increasing rate, some have begun to question whether these investments are justified. Are these investments sustainable? Are the majority of companies overvalued? Are investors sticking to fundamentals when evaluating their opportunities, or are they simply speculating and gambling on a get-rich-quick scheme? Is the market bound to collapse?

5 Best Players in FIFA 21 Community Team of the Season

Source Node: https://www.dbltap.com/posts/5-best-players-in-fifa-21-community-team-of-the-season-01f453hbxjmk?utm_source=RSS
Time Stamp: April 25, 2021 3:24 PM - Modified On: April 25, 2021 - Published By:
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FIFABy Michael Grullon | Apr 25, 2021, 3:24 PM EDTThere are some great options to go pick up from many leagues in the new FIFA 21 Team of the Season. | Photo Courtesy of EA SPORTSThere are some great options to go pick up from many leagues in the new FIFA 21 Team of the Season. Voted by the fans, each player was handpicked by the majority of FIFA players, so there are many to choose from to make a top 5.After careful consideration, here's our list for the five

Discord Ends Talks With Microsoft, Likely To Pursue IPO

Source Node: https://www.talkesport.com/business/discord-ends-talks-with-microsoft/
Time Stamp: April 21, 2021 4:02 AM - Modified On: April 21, 2021 - Published By:
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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

HyperX teams with 1,000 Dreams Fund to support women in gaming

Source Node: https://venturebeat.com/2021/04/14/hyperx-teams-with-1000-dreams-fund-to-support-women-in-gaming/
Time Stamp: April 14, 2021 6:15 AM - Modified On: April 14, 2021 - Published By:
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GamesBeat Summit 2021 #GBSummit returns with two days of content and networking designed for industry executives. April 28-29, 2021 Register Now Join GamesBeat Summit 2021 this April 28-29. Register for a free or VIP pass today. HyperX, the gaming accessories brand now owned by HP, has teamed up with 1,000 Dreams Fund‘s BroadcastHER Academy to support women in gaming. HyperX said it is committed to empowering women in gaming and inspiring all gamers to achieve their best. With a focus on increasing access and representation for the next gen of

Epic Games raises $200 million from Sony in $1bn round at $28.7bn valuation

Source Node: https://www.talkesport.com/business/epic-games-raises-200-million-from-sony-in-1bn-round-at-28-7bn-valuation/
Time Stamp: April 13, 2021 10:41 AM - Modified On: April 13, 2021 - Published By:
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Epic Games said on Tuesday it had raised $1 billion in its latest funding round that valued the “Fortnite” maker at $28.7 billion. The company said it received an additional investment of $200 million from Sony Group Corp in the funding round, which also included Appaloosa, Baillie Gifford, and KKR & Co Inc. Epic Games Chief Executive Officer Tim Sweeney remains the controlling shareholder of the company after the latest investments, it said in a statement. “Their investment will help accelerate our work around building connected social experiences in Fortnite,

Top Indian and SEA esports business developments in March 2021

Source Node: https://esportsinsider.com/2021/04/indian-sea-esports-biz-developments-march-2021/?utm_source=rss&utm_medium=rss&utm_campaign=indian-sea-esports-biz-developments-march-2021
Time Stamp: April 7, 2021 9:30 AM - Modified On: April 7, 2021 - Published By:
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As the various mobile-esport ecosystems in SEA prepare for their marquee competitions, organisations and organisers are bringing sponsors and partners on board along with key hires. The month of March saw a host of new announcements along with a big investment from Krafton into India’s NODWIN Gaming. These are the key developments for March, in collaboration with AFK Gaming. To read more about a given story, click the corresponding link in the title. ByteDance acquires Moonton at reported $4bn valuation Credit: Moonton Chinese technology company ByteDance announced the acquisition of

Seattle’s newest unicorn: Rec Room raises $100M as social gaming popularity fuels big growth

Source Node: https://www.geekwire.com/2021/seattles-newest-unicorn-rec-room-raises-100m-social-gaming-popularity-fuels-big-growth/
Time Stamp: March 24, 2021 1:04 AM - Modified On: March 24, 2021 - Published By:
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(Rec Room Image) Seattle-based Rec Room has raised $100 million in new funding. The game development startup is now valued at $1.25 billion after an explosive year of growth in which players used the platform to connect during the COVID-19 pandemic. It’s the latest Seattle-area startup to reach “unicorn” status with a $1 billion valuation or more. On a video call from the hospital where he and his wife welcomed a baby boy over the weekend, CEO and co-founder Nick Fajt was excited about the 5-year-old startup he’s been raising

NECROMUNDA: GANG SKIRMISH Releases Worldwide March 11

Source Node: https://realotakugamer.com/necromunda-gang-skirmish-releases-worldwide-march-11
Time Stamp: March 8, 2021 11:09 AM - Modified On: March 8, 2021 - Published By:
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The following was sent out Today independent developer Legendary Games announced the launch of a mobile title based on Games Workshop’s famous Necromunda tabletop game. Necromunda: Gang SkirmishIn the world of Necromunda, outlaws, bounty hunters, thieves and gunslingers are rivalled against one another; battling for dominance over territories in the Underhive, the lawless ruins at the bottom of a hive city. In Necromunda: Gang Skirmish players will control a gang working their way up in reputation and power in a series of multiplayer turn-based strategy engagements.“It has been four months