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Xbox teams up with Tencent’s Honor of Kings maker TiMi Studios

TechCrunch LA

TiMi Studios, one of the world’s most lucrative game makers and is part of Tencent’s gargantuan digital entertainment empire, said Thursday that it has struck a strategic partnership with Xbox. Established in 2008 within Tencent, TiMi is behind popular mobile titles such as Honor of Kings and Call of Duty Mobile.

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Consolidation is coming to gaming, and Jam City raises $145 million to capitalize on it

TechCrunch LA

A slew of banks are coming together to back a new roll-up strategy for the Los Angeles-based mobile gaming studio, Jam City and giving the company $145 million in new funding to carry that out. Meanwhile, games are quickly becoming the go-to revenue driver for the entertainment industry. billion by 2020, the Newzoo data suggests.

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Scopely Expands In Culver City

socalTECH

Fast growing, Los Angeles-based mobile games and entertainment developer Scopely is in a big expansion, and has agreed to lease another 60,000 square feet of office space in Culver City, according to the company's broker, CBRE.

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Star-studded digital avatar startup Genies launches NFT fashion marketplace

TechCrunch LA

The Los Angeles-based company partnered with NBA Top Shot NFT creator Dapper Labs to develop the storefront on Dapper’s Flow blockchain and debuted it to a group of invite-only beta users in December last year, TechCrunch reported at the time.

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More investors are betting on virtual influencers like Lil Miquela

TechCrunch LA

Meanwhile, new venture-backed companies like the superstealthy Shadows, SuperPlastic and Toonstar are all developing virtual characters that will launch via social media channels like Snap and Instagram, or on their own platforms. version of this new breed of entertainer, the collective behind the account is far from the only one.

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A Look at the Future: The Connected Car Expo

Tech Zulu Event

Compound that by the exponential growth of smart devices from 2011-2013 , we’re looking at a need for rapid development in the next few years. As we know, the automotive industry’s development cycle averages around 4-5 years and isn’t known for their ability to make rapid changes, especially when compared to tech.

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Everything You Need to Know About Hyperloop

Tech.Co

Since that time the speed at which companies have developed both technologically and from a business perspective has been nearly as staggering as the 760 mph system itself. In August 2016, Hyperloop One broke ground on Development Loop (DevLoop), which became the world’s first full-scale Hyperloop test track. Hardt Global Mobility.

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