China’s market regulator has slapped Meituan, the country’s biggest food delivery and on-demand services app, with an anti-monopoly fine of more than $500 million. The penalty for Meituan is part of the Chinese government’s broader regulatory crackdown on the country’s biggest internet companies such as Alibaba, Tencent and Didi. The size of Meituan’s fine is smaller than the regulator’s...
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Reality Check AR/VR
Unity Buys Ziva in Photoreal 3D Race; Game Makers Balk at Metaverse
Game engine maker Unity is acquiring Ziva Dynamics, a company that uses machine learning to make more lifelike and efficient models of human characters. Its tech opens the door to creating hyper-detailed characters (and not just photorealistic ones) for games and AR/VR apps while also more easily letting those characters interact with users in believable ways.This acquisition slots into the...
Indian Food Delivery Startup Swiggy Raises $700 Million
Indian’s Ola Electric Raises $200 Million at $5 Billion Valuation
Activist Investor Seeks to Push Peloton CEO Out
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