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…
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…
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…
Grab — the on-demand transportation app worth $14 billion that is the Uber of Southeast Asia — today announced how it would be using some of the $7 billion or so that it has raised to date: $2 billion provided by SoftBank is being earmarked Grab’s operations in Indonesia — the biggest economy in Southeast…
