Nillion raises over $20 million to build new web3 infrastructure

Nillion, a web3 startup aiming to build a non-blockchain decentralized network, closed an oversubscribed round of more than $20 million, the company exclusively told TechCrunch. “Nillion is a deep technology infrastructure project,” Andrew Yeoh, the company’s founding chief marketing officer, told TechCrunch. “While blockchains decentralize finance, Nillion aims to decentralize everything else and the rest … Read more

Playtika lays off 610 workers, shuts down three online gaming titles amid broader restructure

Playtika, the Israeli tech company that made its name with through a series of wildly successful online gambling and gaming titles with hundreds of millions of players, is leveling the latest swing of the layoffs pendulum. The company today has confirmed that it is laying of 15% of its staff. Playtika currently employs 4,100, so … Read more

Xbox boss: Sony wants to ‘grow by making Xbox smaller’

Photo illustration by William Joel / The Verge. Xbox chief and Microsoft Gaming CEO Phil Spencer says Sony’s opposition to the Activision Blizzard deal comes down to the PlayStation maker wanting “to protect its dominance” in consoles. “The way they grow is by making Xbox smaller,” said Spencer in a recent Second Request podcast (Via … Read more

WhatsApp’s ‘View Once’ feature might expand to include text messages

Photo by Thomas Ricker / The Verge WhatsApp’s “View Once” feature, which currently lets you send photos and videos that disappear after the recipient has viewed them, may soon also support standard text-based messages. WABetaInfo reports that it found evidence of the in-development feature in the latest beta version of WhatsApp’s Android app, which might … Read more

Microsoft to acquire 4% stake in London Stock Exchange Group as part of 10-year cloud partnership

Microsoft is to acquire a 4% stake in the London Stock Exchange Group (LSEG), the company that owns the London Stock Exchange as well as a several other businesses including financial market data company Refinitiv which LSEG acquired from a Blackstone/Thomson Reuters consortium last year for $27 billion. Microsoft’s stake, which it bought from the … Read more