A congressional committee is investigating American venture capital firms, GGV Capital, GSR Ventures, Walden International and Qualcomm Ventures about their investments in Chinese tech companies, according to the Wall Street Journal. The committee, known as the Select Committee on the Chinese Communist Party, is looking into investments made by those firms into Chinese companies building...
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Epic Blames Its Creator Margins; A Pickleball Influencer Inks Off-Court Deals
Epic Games, the publisher of the popular video game Fortnite, started to talk up its connections with creators a few years ago, most notably during its 2021 antitrust trial against Apple. At the time, Epic CEO Tim Sweeney argued that Apple’s App Store policies were squeezing the kind of small developers that make content for Fortnite. Epic’s program, which pays creators 40% of the revenue from...
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