Blog Profile / Venture Beat

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Harry Potter: Hogwarts Mystery — first look at wizarding mobile game

Jam City unveiled its first look at one of 2018’s most anticipated mobile games, Harry Potter: Hogwarts Mystery. The Harry Potter books have sold more than 450 million copies worldwide and the films have grossed more than $7.7 billion to date. If the mobile game can capture a tiny part of that audience, it will also […]

Home rental marketplace Apartment List raises $50 million

Apartment List, A San Francisco-based apartment rental marketplace, has raised $50 million in a series C round of funding led by Passport Capital, with participation from Allen & Company LLC, Canaan Partners, Matrix Partners, Industry Ventures, Quantum Partners LP, Tenaya Capital, and WTI. Founded in 2011, Apartment List is a cross-platform app that connects renters with […]

Profitero Grows its CPG E-Commerce Analytics Business by 137% in 2017

PRESS RELEASE: Profitero today announced its key milestones for 2017. Overall, the company reported a 137% year-over-year increase in annual-recurring revenue for its CPG e-commerce analytics business, as more brands looked to combine their tracking...

Google and Huawei partner to bring RCS to millions via Jibe and Android Messages app

Google has nabbed a notable partner in Huawei as it strides forward in its quest to push Rich Communication Services (RCS) to the masses. The Chinese smartphone giant announced today that it will be making Google’s Android Messages app its default messaging app across all its devices. By way of a quick recap, RCS is an […]

Spotify’s risky IPO reveals a valuation crisis, not a Wall Street revolution

ANALYSIS: There’s no narrative that the tech industry likes quite as much as a good revolutionary tale in which a startup pursues a strategy that topples an established order. Such a mythology is now being constructed around the upcoming Spotify IPO. They emerging mythology goes like this: Spotify is doing an end run around investment banks […]

Facebook expands probe into alleged Russian meddling in Brexit referendum

(Reuters) — Facebook said on Wednesday it would conduct a new, comprehensive search of its records for possible propaganda that Russian operatives may have spread during the run-up to Britain’s 2016 referendum on EU membership. Some British lawmakers had complained that the world’s largest social media network had done only a limited search for evidence […]

Partech Ventures launches $122 million fund for African startups

Partech Ventures, an investment firm with hubs in Paris, San Francisco, and Berlin, has announced a new fund dedicated to African startups. The aptly named Partech Africa fund currently has commitments of €57 million ($70 million), though it’s targeting an eventual closure of €100 million ($122 million) with some major corporate investors already on board such as […]

The state of WebVR heading into 2018

GUEST: Last year was action-packed for the WebVR industry, as we predicted. One of the most interesting developments was Amazon entering the fray by introducing the developer preview of Sumerian, a browser-based tool that makes it even easier for developers to create WebVR content. The summer was a particularly special time for browsers that support the WebVR […]

Tilting Point’s revenue increases thanks to publishing and user acquisition strategy

Tilting Point’s mobile game publishing strategy is paying off. Thanks to viral hits like Nukebox Studios’s Food Truck Chef, its Q4 revenue has increased fourfold year-over-year. It’s also shuffling around its leadership — COO Samir El Agili will become Tilting Point’s president. He’s taking over for cofounder Dan Sherman, who will stay on as a […]

Heartland Tech Weekly: How to know what startups are really worth watching

10 hours agoTechnology : Venture Beat

As I’ve mentioned previously, one of the questions that I get asked most frequently is what tech companies in the Heartland should the average person be watching. The question is a fair one — the channel that I write for is called “Heartland Tech,” after all. But the question also makes me concerned that some people think of the middle […]

Street Fighter V: Arcade Edition review — how the fighter should have launched

12 hours agoTechnology : Venture Beat

REVIEW: I’ve been thoroughly invested in Street Fighter V for the last two years. It’s my “main game.” The thing I play when I am done doing adult stuff, usually involving other games. It’s to the point where I run a local tournament dedicated to Street Fighter V every week. It’s a lot of time to […]

Securitize launches ‘ICO in a box’ platform

12 hours agoTechnology : Venture Beat

EXCLUSIVE: Companies looking to raise funding through an ICO without having to juggle regulations from the SEC and numerous other regulatory bodies around the world can now conduct simple plug-and-play ICOs. Securitize, a new company spun out of tokenized VC fund Spice VC, is launching a platform Thursday that has a host of know-your-customer (KYC), anti-money-laundering […]’s Alexa skill is giving people bad dating advice

12 hours agoTechnology : Venture Beat today launched a new Alexa skill that gives people first date advice, and it’s not great — not in every regard at least. The Alexa voice app does deliver some helpful tips, like you may want to wait two days to message someone after the date, and the average person spends around $60 on a […]

Samsung reportedly working on Exynos 5G modem to power its phones in 2019

15 hours agoTechnology : Venture Beat

Samsung only briefly touched upon 5G at CES last week, but behind closed doors, the Korean company was reportedly showing off Exynos 5G, a prototype 5G-compliant modem designed for mobile devices. Described by BusinessKorea as part of Samsung’s plan “to significantly reduce its reliance on U.S. telecom modem chips for 5G smartphones,” Exynos 5G could […]

Nintendo Labo combines the Switch with cardboard for new interactive experiences

15 hours agoTechnology : Venture Beat

Nintendo revealed a new line of games for the Switch. Nintendo Labo has players creating special docks for the Switch and its Joy-Con controllers to make new experiences. Its first products, the Robot Kit and the Variety Kit, will come out on April 20. In the reveal video, examples including creating a cardboard piano, a robot-like […]

Relax, Apple’s new campus is no Amazon HQ2

16 hours agoTechnology : Venture Beat

In the age of HQ2, every new office announcement seems to send cities’ hearts racing. Apple’s announcement that it would accelerate investments in the U.S., add 20,000 new jobs over the next five years, and open a new campus in the next year was no exception. On Twitter, the Apple announcement quickly drew comparisons to […]

Why Microsoft knows it needs to beef up its Xbox leadership

16 hours agoTechnology : Venture Beat

Microsoft announced today that Phil Spencer has appointed a new boss of games to handle the role that the executive had previously handled as head of the company’s games business. Spencer will serve as executive vice president in charge of all things games at Microsoft — including hardware, games, and platforms. But Matt Booty, the […]

Minecraft boss is now in charge of all Xbox game efforts

17 hours agoTechnology : Venture Beat

Microsoft has promoted Matt Booty, a leader in the Minecraft games business, as corporate vice president of Microsoft Studios, making him the No. 2 game executive at the company under his boss, Phil Spencer, executive vice president for games. The appointment fills a key post within the games group after Microsoft CEO Satya Nadella promoted […]

December 2017’s top 10 Minecraft Marketplace creations: Blockception repeats at No. 1

17 hours agoTechnology : Venture Beat

EXCLUSIVE: Minecraft is the best example of Microsoft’s modern approach to gaming platforms. The publisher acquired the block-building phenomenon and developer Mojang in 2014 for $2.5 billion, and it has since shaped that investment into one of its most active live services. The growing Minecraft Marketplace is at the center of that. Each month here at GamesBeat, […]

Community-led R&D can power job growth in small-town America

17 hours agoTechnology : Venture Beat

GUEST: Over the past few years, economic inequality has become a topic of focus for economists, politicians, and leaders of industry. Tech titans are starting to discuss concepts like the future of capitalism, universal basic income, and wealth redistribution as the technology they’ve developed starts to automate more and more jobs. New York, Los Angeles, San […]

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