TL;DR: It seems that excessive legal battles and losses in its online marketplace have not hurt Epic Games' equity valuation. It has nearly doubled its worth over last year and company stock is still not publicly traded. Capital comes from investment partners, the biggest of which is Sony Group Corporation. Epic just completed a billion-dollar round of investing, with Sony throwing in the lion's share of the pot. Epic Games bumped up its equity valuation to $28.7 billion following a $1 billion round of funding. The company announced it gained an additional $200 million investment from Sony. This increased valuation comes despite recent reports that Epic has lost as much as $330 million throwing money at the Epic Games Store. "This round includes an additional $200M strategic investment from Sony Group Corporation, which builds on the already close relationship between the two companies and reinforces their shared mission to advance the state of the art in technology, … [Read more...] about Epic Games has raised $1B in new round, bumping its valuation to $28.7 billion
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Billions of smartphone owners will soon be authorising payments using facial recognition
The next few years will see billions of users regularly using facial recognition technology to secure payments made through their smartphone, tablets or smartwatches, according to new analysis carried out by Juniper Research. Smartphone owners are already used to staring at their screens to safely unlock their devices without having to dial in a secret code; now, facial recognition will increasingly be deployed to verify the identity of a user making a payment with their handset, whether that's via an app or directly in-store, in wallet mode. Smartphones The best cheap phones The 10 best smartphones The best Android phones The best Samsung phones The best rugged phones How to keep your smartphone clean during the coronavirus (TechRepublic) In addition to facial features, Juniper Research's analysts predict that a host of biometrics will be used to authenticate mobile payments, including fingerprint, iris and voice recognition. Biometric … [Read more...] about Billions of smartphone owners will soon be authorising payments using facial recognition
PS5 restock updates: Check PlayStation 5 stock at Amazon, Best Buy, Target, Walmart and more
It's been nearly impossible to find the PS5 -- recently named the fastest-selling console in US history -- since it was released in November. As soon as the PS5 comes into stock at any major retailer, it sells out in a flash, which has led to a cottage industry of Twitter feeds that track PS5 (and Xbox) availability in real time. We can't promise that sort of instant turnaround, but we can offer easy shortcuts to the product pages for the PS5 at major retailers, including Amazon, Best Buy, GameStop, Target and Walmart, as well as resellers like eBay and StockX for those of you willing to pay a premium (more on that below). If you're ready to buy a PS5, keep reading for some pointers. First tip: Don't wait until you hear about a PS5 inventory drop. Check the links at major retailers for stock updates daily or even multiple times a day. (We've got them all lined up below.) If you do happen upon some PS5 availability, go all in with as many browsers and devices as possible. … [Read more...] about PS5 restock updates: Check PlayStation 5 stock at Amazon, Best Buy, Target, Walmart and more
Nuro’s self-driving robot will deliver Domino’s pizza orders to customers in Houston
Domino’s Pizza will start delivering pizzas via Nuro driverless cars in Houston this week as part of a pilot program, the company announced Monday. The company says “select customers” in Houston who make a prepaid delivery order from its store in the Woodland Heights neighborhood during certain dates and times can have their pizza brought to them by a Nuro R2 robot. Here’s how the pizza deliveries will work: a customer places and pays for an order online from the Woodland Heights store and opts in to have the order brought by the R2. The customer receives a unique PIN via text alert along with updates on the vehicle’s location. When the robot car arrives, the customer enters the PIN on its touch screen, which opens the R2’s doors. Pizza ensues. Nuro’s R2 was the first driverless vehicle to receive regulatory approval from the US Department of Transportation last February, giving it a special exemption from federal safety requirements. Founded in 2018 by two former Google … [Read more...] about Nuro’s self-driving robot will deliver Domino’s pizza orders to customers in Houston
PS5 restock updates: Check PlayStation 5 stock at Amazon, Target, Best Buy, Walmart and more
The PS5 , now the fastest-selling console in US history , has been nearly impossible to find since its November release. Every time a major retailer has restocked the PS5, it has sold out immediately, and that has spawned a cottage industry of Twitter feeds that track PS5 (and Xbox) availability in real time. While we can't promise that kind of instant turnaround, we can share pointers on how to buy a PS5 now and offer easy shortcuts to the product pages for the PS5 at major retailers, including Amazon, Best Buy, GameStop, Target and Walmart, as well as resellers like StockX and eBay if you want to pay a premium to get one sooner (more on that below). First tip: Don't wait until you hear about a PS5 inventory drop. Check the links at major retailers for stock updates daily or even multiple times a day. (We've got them all lined up below.) If you do happen upon some PS5 availability, go all in with as many browsers and devices as possible. On a desktop, for example, open … [Read more...] about PS5 restock updates: Check PlayStation 5 stock at Amazon, Target, Best Buy, Walmart and more