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Tencent’s Penguin Esports Streaming Service Shut Down After China Blocked Merger

Chinese tech giant Tencent will close its game streaming platform, less than a year after authorities blocked a merger that would have powered its drive to take on Amazon's Twitch.Beijing has stepped up scrutiny over big tech, launching a major crackdown on some of the biggest names in the sector, while the gaming market has also taken a hit owing to tighter controls on play time for minors.Tencent's service, Penguin Esports, has halted new user registrations and in-app purchases, and will shut down all services on June…

Activision to Convert Over Thousand Temporary Workers to Full-Time Roles Starting July 1

Activision Blizzard said on Thursday nearly 1,100 US-based temporary and contingent quality assurance workers of some divisions will be converted to full-time employees, starting July 1.The Call of Duty maker, which is being acquired by Microsoft for $68.7 billion (roughly Rs. 5,21,100 crore), said it will raise the minimum hourly wages for these employees - from the Activision Publishing and Blizzard divisions - to $20 (roughly Rs. 1,520) or more and also offer them access to full company benefits.This change will…

Netflix Faces Huge Subscriber Loss, May Offer Cheaper Ad-Supported Plans, Limits Password Sharing

Netflix said inflation, the war in Ukraine and fierce competition contributed to a loss of subscribers for the first time in more than a decade and predicted deeper losses ahead, marking an abrupt shift in fortune for a streaming company that thrived during the pandemic.The company said it lost 200,000 subscribers in its first quarter, falling well short of its forecast of adding 2.5 million subscribers. Suspending service in Russia after the Ukraine invasion took a toll, resulting in the loss of 700,000 members.Wall…

Gangubai Kathiawadi Gets April 26 OTT Release Date on Netflix

Gangubai Kathiawadi will begin streaming on Netflix from Tuesday, April 26. The film is loosely based on the true story of Gangubai Harjivandas, whose life was documented in a chapter of the book "Mafia Queens of Mumbai", written by S. Hussain Zaidi. Gangubai Kathiawadi hit the big screens in India on February 25, and went on to become a critical and commercial success. Directed by Sanjay Leela Bhansali, the film has Alia Bhatt in the lead role as Gangubai Kathiawadi — one of the most powerful and respected madams from…

Realme 9 Pro+ Free Fire Edition Launch Date Set for April 12, Official Images Revealed Ahead of Launch

Realme 9 Pro+ Free Fire Edition live images have been revealed by the company, ahead of its launch. Along with images of the handset, the company has also revealed the official launch date of the Realme 9 Pro+ Free Fire Edition in Thailand. The smartphone is expected to sport the same specifications as the Realme 9 Pro+ that was launched in February, and was recently spotted in a leaked design image earlier this week, tipping the design of the smartphone.The company shared images of the upcoming Realme 9 Pro+ Free Fire…

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…

China Ends Gaming Approval Freeze, Grants First Licences Since July 2021

China's gaming regulator on Monday granted publishing licenses to 45 games belonging to the likes of Baidu and XD's Party Star, ending a nine-month long freeze that has dealt a blow to many of the country's tech giants.The National Press and Public Administration published the list on its website. Reuters reported that China had granted a license to XD Party Star earlier in the day.Other companies whose games received licenses included iDreamSky, 37Games, a subsidiary of G-bits Network Technology Xiamen, Shenzhen Zqgame…

Battlegrounds Mobile India Fixes Issues in Lamborghini Crater; Bans Nearly 50,000 Accounts for Cheating

Battlegrounds Mobile India (BGMI) publisher Krafton announced that it has made a few adjustments to the skins it launched in the Lamborghini crater late last month. Krafton had collaborated with luxury sportscar brand Lamborghini to bring flashy new vehicles to BGMI and some Lamborghini vehicle skins were claimable through Lucky Spin. Furthermore, the South Korean company has banned about 50,000 accounts for cheating in the week that ended on April 10. The studio is continuing its combing measures in order to catch and…

Bridgerton Season 2 Becomes Netflix’s Most-Watched English-Language Series

Bridgerton season 2 — Netflix's hit period drama series — has surpassed its first season to become the most watched English-language series on the streaming service. Netflix's latest quarterly report revealed that the Regency-era series, produced by Shondaland, has amassed a total of 627.11 million viewing hours in the first four weeks, beating season 1's viewing hours in the same time span. Netflix's Korean-language series Squid Game still remains the streamer's most watched series yet. Meanwhile, The Tinder Swindler,…

Nubia Red Magic 7 Pro With Snapdragon 8 Gen 1 SoC, Triple Cameras Launched Globally: Price, Specifications

Nubia Red Magic 7 Pro was launched in global markets on Tuesday. The latest addition to the company's Red Magic gaming smartphone lineup was launched in China on February 17. The handset is powered by a Snapdragon 8 Gen 1 SoC, paired with 16GB of LPDDR5 RAM. It sports a 6.8-inch AMOLED display and comes with 64-megapixel triple rear cameras and an under-display selfie camera. Unlike the Nubia Red Magic 7 Pro that was launched in China with 135W fast charging, the global model only offers support for 65W charging,…