Tencent doubles down on game studio Pocket Gems with $90M investment

 Chinese internet Tencent has continued its recent investment spree after it backed U.S.-based game studio Pocket Gems to the tune of $90 million. Tencent invested in Pocket Gems back in 2015, when it put in a reported $60 million for a 20 percent stake. This time around the Wall Street Journal reported the investment as $90 million, which TechCrunch has confirmed independently. That deal,… Read More
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Author: Jon Russell

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Star Neuroscientist Tom Insel Leaves the Google-Spawned Verily for … a Startup?

What could be going on at Verily that would lead the former head of the National Institutes of Mental Health to bail on Google-sized money and data? The post Star Neuroscientist Tom Insel Leaves the Google-Spawned Verily for … a Startup? appeared first on WIRED.


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Author: Adam Rogers

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Europe’s top court leaning towards dealing Uber a big regulatory blow

 Europe’s top court appears to be leaning towards calling a spade a spade by judging Uber’s business a transportation company, rather than just an enabling tech platform as the company prefers to think of itself, i.e. as a way to work around the (stricter) regulations that can be applied to traditional taxi firms. Read More
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Author: Natasha Lomas

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