Tech
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Sony Acquires ‘Halo’ Game Developer Bungie in $3.6 Billion Deal
The gaming studio also behind “Destiny” will still self-publish, and be multiplatform and creatively independent
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Apple Beats Wall Street Expectations With Record $124 Billion Quarter
Services revenue was up another 24% to $19.5 billion
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Apple CEO Tim Cook Made $99 Million in 2021, With $82 Million in Stock Awards
Cook’s 2020 executive compensation was less than $15 million
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Netflix, Disney+ and IMDb Slowed by Amazon Web Services Outage
Amazon did not disclose the cause of the widespread outage, which impacted companies, governments and organizations worldwide
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Spotify Pulls Comedy Acts Like John Mulaney and Tiffany Haddish Over Royalty Dispute
Global rights company Spoken Giants is pushing for Spotify to pay writers’ royalties the same way they pay them to songwriters
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Twitter CEO Jack Dorsey Steps Down, CTO Parag Agrawal to Take Over
Twitter stock jumped after CNBC reported Dorsey’s impending departure
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‘Pokemon GO’ Developer Niantic Raises $300 Million at $9 Billion Valuation to Make ‘Real-World Metaverse’
“We’re building a future where the real world is overlaid with digital creations, entertainment and information,” founder and CEO John Hanke says
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‘Fortnite’ to Shut Down in China After 3 Years
Epic Games’ popular video game will close its servers on Nov. 15
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Riot Games Promotes Ryan Crosby to President of Publishing
Crosby joined gaming developer’s entertainment division in January
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Will Facebook Finally Be Forced to Change After Devastating Wall Street Journal Exposés? | Analysis
“These are all selfish actors who will never hold themselves accountable,” one critic says
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Media
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Dreamscape’s Walter Parkes on New ‘Men in Black’ Interactive Experience and the Future of Virtual Reality
“The idea of using VR as a way to scale education in person and remotely is a very exciting thing,” veteran Hollywood producer says
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Virtual Reality
Available to WrapPRO members
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Beckett Media Launches Crypto Initiative With Memorabilia Authenticator
The sports media company is joining outlets like Time and Vogue Singapore in capitalizing on interest in blockchain
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‘Fortnite’ Creator Epic Games Scores Legal Win Against Apple Over In-App Purchases
But judge rules Apple is not a monopoly and Epic must pay $3.6 million in revenue withheld from tech giant
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Are Fears Over Facebook and Other Big Tech Companies Overblown? | Video
Author Robby Soave explains why he’s “extremely skeptical” of both political parties’ push to curb Big Tech
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News
Available to WrapPRO members
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5 Things to Know About Theranos Founder Elizabeth Holmes’ Trial
The former Silicon Valley darling faces fraud and conspiracy charges over misrepresenting the startup’s blood-testing tech
