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Facebook Inc (FB.O) will introduce a newly-developed mobile gaming application on Monday. The application was designed to bring a live game streaming experience in an attempt to compete against Amazon.com Inc’s Twitch, Google’s Youtube, and Microsoft Corp’s Mixer services.
“Investing in gaming, in general, has become a priority for us because we see gaming as a form of entertainment that really connects people,” said Fidji Simo, head developer.
“It’s entertainment that’s not just a form of passive consumption but entertainment that is interactive and brings people together,” he added.
Aside from its live-streaming feature, the application offers casual games and access to gaming communities. Moreover, the iOs version will be available upon Apple’s approval, according to the report released by the New York Times.
The report also stated that it was set to be released in June but the company opted in releasing it early as quarantine restricts people from going out of their home.
On Tuesday, Tesla Inc.’s (TSLA.O) Chief Executive Officer Elon Musk announced that the automotive company would start to open its licensing software to supply powertrains and batteries for other car manufacturers. “Tesla is open ...
Bloomberg News reported on Thursday that Elon Musk’s Space Exploration Technologies Corp. (SpaceX) is in talks to raise new funds at a valuation of $44 billion. The aerospace company said that it is in discussions with a number of investors ...
The euro reached its highest level since early March after the European Union agreed on a deal for a massive stimulus package to support the bloc’s economy from the coronavirus pandemic. The deal was finalized after a round of compromises ...
On Thursday, the European Court of Justice (ECJ) rejected the validity of the data transfer mechanism used by the European Union and the United States which could facilitate the transfer of data from both countries. The data transfer tool ...
European new car registrations fell in June year-on-year, but showed some improvement when compared to May 2020 as lockdown measures continue to loosen across the region, Tuesday’s industry data showed. In June, passenger car sales were ...
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