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Twitter CEO Reassures Employees Company Not Held Hostage by Elon Musk Offer

Twitter Chief Executive Officer Parag Agrawal sought to reassure employees during an all-hands meeting on Thursday that the company was not being "held hostage" by news of Elon Musk's offer to buy the company, a source familiar with the matter told Reuters.As Agrawal took questions from staff that were posted on the company's Slack messaging service, he encouraged employees to remain focused and told them "we as employees control what happens," said the source, who did not want to be identified because they were not…

Epic Games Raises $2 Billion From Sony, Lego Parent Company to Build Out Metaverse

Epic Games raised $2 billion (roughly Rs. 15,200 crore) from Sony and the family-owned holding company behind the Lego Group on Monday, valuing the Fortnite creator at $31.5 billion (roughly Rs. 2,39,415 crore).Sony, an existing investor, and the Kirkbi investment company each invested $1 billion (roughly Rs. 7,600 crore), Epic said, with the fundraising to help advance a metaverse partnership the company had entered into with the Lego Group earlier this month to build a metaverse for kids.Metaverse is the latest buzzword…