New York, US-based open-source video platform Kaltura bought Tel Aviv, Israel-based pay TV service startup Tvinci for an undisclosed amount to gain flexibility in the video business and grow its revenue.
Games/Entertainment
Microsoft CEO commits to develop Xbox platform
Microsoft Corp (MSFT.O) Chief Executive Satya Nadella committed to develop its Xbox gaming platform in a letter to company employees, quashing rumors that the unit might be spun off.
Live video startup Twitch builds studio to woo gamers, advertisers
Live streaming startup Twitch, which grew its users over 40 percent in the past year, said it is building a studio in San Francisco to host videogame broadcasts and attract more advertisers and viewers to its novel live chat format.
At E3, signs that virtual reality's time may finally be coming
In 2013, Oculus VR's booth at Electronic Entertainment Expo, the gaming industry's biggest annual convention, was relegated to a far corner of the showfloor near the restrooms.
Microsoft Xbox E3 2014 Press Conference Recap
True to its promise, Microsoft today strutted the details of its previously announced titles and trailers for unannounced titles set to be released in 2014 and afterward in this year's E3 Microsoft Xbox Press Conference aptly titled "Xbox: Game On".
Latest News
New York, US-based mobile gameplay-recording startup Kamcord raised $7.1 million in a Series A funding round led by TransLink Capital to conquer the giant gaming markets of Japan, China, and South Korea.
Sao Paulo, Brazil-based curated web platform Netshow.me closed an undisclosed amount in its seed funding round from Buscape co-founder Rodrigo Borges to offer online concert service for artists and musicians.
American film and music producer Warner Bros picked up a minority stake in Santa Monica, California-based broadband television startup TV4 Entertainment for an undisclosed amount to maintain its standing in the digital-video industry.
Beverly Hills, US-based live entertainment and e-commerce firm Live Nation Entertainment picked up a minority stake in Live Nation Japan for an undisclosed amount to become the latter's full owner.
US-based game developers' platform Unity Technologies added San Francisco, California-based predictive analytics startup Playnomics for an undisclosed amount to step out of game engine into the game services sector.
Tencent Holdings would launch the Chinese version of Candy Crush Saga through a partnership with King Digital Entertainment.
In a bid to expand its user base and retain loyalty, London, UK-based social TV app Zeebox rebranded itself as a new app called Beamly which now has enhanced social functionality and content discovery range.
Osaka, Japan-based video game developer and publisher Capcom Co Ltd poured $78 million into the construction of two new research and development (R&D) facilities near its headquarters in a bid to gain more traction in the industry.
Seattle, US-based e-commerce giant Amazon.com acquired New York-based digital comic book distributor ComiXology for an undisclosed amount with plans to expand the newly acquired company.
