Turkish mobile gaming startup Dream Games raises $255 million

Turkish mobile gaming startup Dream Games raises $255 million

Royal Match, a puzzle game developed by Turkey’s Dream Games, is now played by 13 million people each month. Dream Games Investors are betting the next big success story in gaming will come out of Turkey, even as the country endures a brutal economic crisis. Istanbul-based mobile game developer Dream Games has raised $255 million…

Geothermal energy could transform the way lithium is sourced

Geothermal energy could transform the way lithium is sourced

The southwest of England is famed for its dramatic coastline, verdant countryside and fresh seafood. If all goes to plan, another string could be added to the region’s bow over the next few years: lithium extraction. In the county of Cornwall, efforts are underway to tap into the area’s natural resources and establish an industry…

Activision mulled outbidding Take-Two for Zynga before Microsoft deal

Activision mulled outbidding Take-Two for Zynga before Microsoft deal

Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard logo in this illustration taken January 18, 2022. Dado Ruvic | Reuters Activision Blizzard contacted a financial firm to work on topping Take-Two‘s $12.7 billion acquisition of Zynga before agreeing to sell to Microsoft this weekend, according to a person familiar with the…

SoFi stock soars after clearing final regulatory hurdle to become bank

SoFi stock soars after clearing final regulatory hurdle to become bank

Anthony Noto CEO of SoFi at the newly named SoFi Stadium under construction in Los Angeles. Stephen Desaulniers | CNBC Shares of SoFi rallied as more than 16% in after-hours trading on Tuesday following news that the fintech cleared its final regulatory hurdle in becoming a bank. San Francisco-based SoFi received approval from the Office…

China smartphone shipments jump in 2021 but below pre-pandemic level

China smartphone shipments jump in 2021 but below pre-pandemic level

Customers buy iPhone13 phones at apple’s flagship smart products store in Shanghai, China, on Oct. 12, 2021. Xing Yun | Costfoto | Barcroft Media | Getty Images Chinese domestic smartphone shipments recovered from the hit they took during the pandemic but have still not recovered to pre-Covid levels, according to government data. The smartphone industry…

UK launches crackdown on ‘misleading’ cryptocurrency ads

UK launches crackdown on ‘misleading’ cryptocurrency ads

The crypto ecosystem has expanded significantly in recent years. While institutions such as the IMF are starting to embrace its innovation, they are also calling for investors to exercise caution. Jakub Porzycki | NurPhoto via Getty Images LONDON — The U.K. government says it will bring cryptocurrency ads under tighter scrutiny and crack down on…

Gamers Greet Microsoft’s Activision Deal With Guarded Optimism

Gamers Greet Microsoft’s Activision Deal With Guarded Optimism

Activision’s track record with some of its games also became spottier. In November, it delayed new versions of Diablo and Overwatch. That same month, the newly released Call of Duty: Vanguard was widely panned as being boring and full of glitches. Parris Lilly, a video game streamer and co-host at Gamertag Radio, said Microsoft’s deal…

Gopuff launches private label products, starting with bottled water

Gopuff launches private label products, starting with bottled water

As Gopuff heads toward an anticipated IPO, the quick commerce company is launching its own line of private label products — a move more in line with Amazon‘s e-commerce business model than Doordash‘s or Uber’s delivery platform. The lineup will kick off with bottled water under the “Basically” brand, followed by other household items like…