Amazon launches live commerce in India

Amazon has launched a QVC-style livestream shopping in India, broadening its offerings in the key overseas market where it has deployed over $6.5 billion to win customers. The company on Friday quietly rolled out the new service, called Amazon Live, bringing an army of creators to host livestreams and talk about a range of products. … Read more

Why this Blizzard vet thinks the next killer web3 game will come from China

This year, around 3.2 billion people — or about 40% of the world’s population — will play games, with total spending nearing $200 billion, estimates industry researcher Newzoo. The purveyors of web3 want a slice of this gargantuan market. Criticisms of the first generation of crypto games, dominated by the play-to-earn model, have already been … Read more

SoftBank Vision Fund is reportedly laying off 30% of its workforce, or at least 150 employees

The Vision Fund, a venture capital arm of SoftBank, has launched a sweeping layoff process, cutting at least 30% of its workforce globally, or approximately 150 of the 500 employees, according to a report by Bloomberg. The news comes nearly two months after SoftBank chief executive officer and founder Masayoshi Son said the company would … Read more