Technology
‘Fortnite’ maker Epic Games gets $28.7 billion valuation in latest funding – HT Tech
Epic Games said in a statement that it had received an additional investment of $200 million from minority shareholder Sony Group Corp.
Epic Games, which is in the middle of a legal battle with Apple, said on Tuesday it had raised $1 billion in a funding round that valued the “Fortnite” maker at $28.7 billion.
People staying at home during the COVID-19 pandemic have turned to games for entertainment, helping drive a 35% surge in video game spending in February to about $4.6 billion, according to research firm NPD.
Epic Games said in a statement that it had received an additional investment of $200 million from minority shareholder…
-
General16 hours agoNew US tariffs on semiconductors coming ‘over the next week’, Donald Trump says
-
Noosa News17 hours agoAustralian Idol 2025 winner draws crowd for Noosa pop up show
-
General20 hours agoLachlan Galvin to leave Wests Tigers at end of 2026 after knocking back record contract extension
-
Noosa News22 hours agoFestive Menus, Live Music and Family-Friendly Feasts: What’s On This Easter Long Weekend In Brisbane