Mobile

Roblox raises $520 million at $29.5 billion valuation, will go public through direct listing

User-generated game platform Roblox has raised $ 520 million in a new round of funding, and it will still go public through a direct listing where the company’s existing shareholders directly sell shares to investors. The private funding deal values Roblox at $ 29.5 billion. The direct listing offering, or DPO, circumvents the usual initial public […]

Mobile

Lidar startup Innoviz goes public via $1.4 billion SPAC merger

The cutting-edge computer architecture that’s changing the AI game Learn about the next-gen architecture needed to unlock the true capabilities of AI and machine learning. Register here Israeli lidar startup Innoviz Technologies today announced that it will become publicly listed through a special-purpose acquisition company (SPAC) merger, where a “blank check” shell corporation — Collective […]

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‘Fortnite’ is trying to change public opinion about Apple. But small developers are lost in the debate.

“Fortnite” is not only one of the most popular video games in recent years, it’s also now a powerful public relations weapon in the legal fight between its multibillion-dollar creator, Epic Games, and ultra-billion-dollar companies Apple and Google. When Epic Games filed its lawsuit after getting kicked off the iOS App Store for skirting its […]