Fortnite

Fortnite game owner Epic Games had raised $1 billion in its latest funding round at a $28.7 billion valuation, Reuters reports. The fundraise involved an additional investment of $200 million from Japan’s Sony Group Corp (NYSE: SONY). Other investors included...

Facebook Inc. (NASDAQ: FB) is clashing with Apple Inc. (NASDAQ: AAPL) over document requests related to the legal dispute between “Fortnite” video game developer Epic Games Inc. and App Store, AppleInsider reported Monday. What Happened: Facebook and Apple argued about the document...

The courtroom drama between Apple Inc (NASDAQ: AAPL) and Epic Games over the latter’s "Fortnite" game promises to be a star-studded affair. What Happened: Top executives from the Cupertino, California-based tech giant and Epic are expected to testify in-person, CNN reported Sunday....

The recent moves by Apple Inc. (NASDAQ: AAPL) and Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) to cut app store fees for small developers will not make any significant negative impact on the tech giants’ revenues, according to new estimates from app analytics firm Sensor Tower. What Happened...

The Arizona House of Representatives has voted to pass landmark legislation that will prevent operators of app stores from forcing app developers to use a particular in-app payment system as the exclusive mode of payment. The bill could have far-reaching consequences for app store operators such as...

Epic Games Inc’s legal battle over the removal its Epic’s Fortnite video game from Apple Inc’s (NASDAQ: AAPL) App Store came was halted in the U.K. after a judge disallowed the case proceedings in London, Bloomberg reports. The judge believed that the U.S...

Epic Games escalated the disputed App Store payment system and control over app downloads with Apple Inc (NASDAQ: AAPL) to the European Union antitrust regulators, Reuters reports. A legal tussle has been brewing between the companies since August when Epic launched its in...

Even with an 8-8 record and a streak of missing the NBA playoffs for seven straight seasons, the New York Knicks could be a value play. Madison Square Garden Sports Corp (NYSE: MSGS): The New York Knicks are owned by Madison Square Garden Sports, along with the NHL’s New York Rangers...

One of the largest SPAC deals to date was announced Monday, with online payments company Paysafe going public. The Transaction: Paysafe is going public via SPAC Foley Transimene Acquisition Corp II (NYSE: BFT). The deal values Paysafe at an enterprise value of $9 billion. The deal includes a PIPE...

The Roundhill BITKRAFT Esports & Digital Entertainment ETF (NYSE: NERD) owns stocks from 13 countries, including some that trade on exchanges outside of the United States. Benzinga spoke to Roundhill Investments Co-Founder Will Hershey to get his thoughts on the global esports market. ...

Apple Inc's (NASDAQ: AAPL) announcement to cut commission for small developers is being dismissed by Epic Games CEO Tim Sweeney as a move to stifle criticism. What Happened: Sweeney described the Cupertino-based technology giant's move as an attempt to sow discord between app...

Game developer Epic Games Inc has acquired California-based real-time facial animation technology company Hyprsense. What Happened: Epic Games CTO Kim Libreri remarked that the acquisition will enable the game maker to explore further innovations in digital characters. Although Epic...

Apple Inc’s (NASDAQ: AAPL) two tort claims against game developer Epic Games Inc have been dismissed by a U.S. District Court, Bloomberg reported late Tuesday. What Happened: “This is a high-stakes breach of contract case and an antitrust case and that’s all in my view...