Category: pumps

Xbox Pumps Series X Hype with Beefed-Up Game Pass Bundle
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Xbox Pumps Series X Hype with Beefed-Up Game Pass Bundle

Microsoft revealed the Project xCloud streaming service would form part of Game Pass Ultimate beginning in September. Over 100 games will be playable on mobile and tablet at no additional cost. Microsoft continues to bolster the Xbox ecosystem as the Series X release approaches. Microsoft intends to make Xbox Game Pass even better, further solidifying…

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Automattic pumps $4.6M into New Vector to help grow Matrix, an open, decentralized comms ecosystem
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Automattic pumps $4.6M into New Vector to help grow Matrix, an open, decentralized comms ecosystem

Automattic, the open source force behind WordPress .com, WooCommerce, Longreads, Simplenote and Tumblr, has made a $4.6M strategic investment into New Vector — the creators of an open, decentralized communications standard called Matrix. They also develop a Slack rival (Riot) which runs on Matrix. The investment by Automattic, which is at a higher valuation than the…

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China Pumps Surprise $28 Billion Cash into Banks Amid Trump Trade War
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China Pumps Surprise $28 Billion Cash into Banks Amid Trump Trade War

The U.S. stock market is likely to benefit from the unpredicted move of the People’s Bank of China (PBoC) to insert $28 billion into the nation’s domestic banking system, which shows the slowdown of the Chinese economy. Strategists like Becky Liu, head of China macro strategy at Standard Chartered, said that the injection of cash…

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