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Media/Telecom Facebook

Facebook Acquires Indie Studio Behind Hit VR Game

By Alex Heath
· · Source: The Information

Facebook has acquired the indie studio behind Beat Saber, a game for virtual reality headsets that has managed to find success in what is still a relatively nascent market. Terms of the deal weren’t disclosed. Prague-based Beat Games has never taken outside funding and has sold more than one million copies of Beat Saber at $20 each, TechCrunch reported earlier this year. Facebook said Tuesday...

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The Briefing
Europe’s Regulatory Traffic Jam: The Information’s Tech Briefing
By The Information Staff · July 14, 2020 5:31 PM PDT

European regulators seem to be caught in a traffic jam of cases against big U.S. tech companies. It’s a situation we could easily see develop in the U.S. in the not-too-distant future, an interesting wrinkle that is likely to work to some companies’ advantage.

The logjam in Europe has emerged in recent days as we have been waiting to see European regulators slap Amazon with ...

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By Wayne Ma · July 15, 2020
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By Juro Osawa · July 14, 2020
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