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…
-
Noosa News7 hours agoMan charged over allegedly abandoning Arnie the German shepherd in car after claiming dog and vehicle were stolen
-
Noosa News8 hours agoMotorcyclist dies in crash with truck
-
Noosa News22 hours agoPolice officer who tracked Toyah Cordingley’s phone gives evidence at Rajwinder Singh’s murder trial
-
General14 hours agoSmall-town cleaner finds himself in legal battle with EnduroShield over product packaging