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There is no better time for investors than the bear market. With digital asset prices heavily depressed, investors making intelligent decisions now are positioning themselves to join the ranks of crypto millionaires. The bear market destroys weaker projects, but those that survive and the investors who back them go on to flourish in the next bull market cycle. This article features three crypto projects that have the potential to create a new slew of crypto millionaires. Gnox (GNOX)Gnox is a unique reflection token…

PUBG or PlayerUnknown's Battlegrounds was launched in 2017 and soon became a phenomenon. It was developed by Brendan Greene aka Brendan ‘PlayerUnknown' Greene under PUBG Corporation, a subsidiary of Krafton. Now, Greene has announced his departure from Krafton to work on his own Amsterdam-based studio called PlayerUnknown Productions. This could be why PUBG was renamed to PUBG: Battlegrounds.PlayerUnknown Productions and, by extension, Brendan Greene, announced through a press release that he is departing from Krafton,…

Apple on Friday outlined its objections to allowing app developers to link to third-party payment options ahead of a hearing next month that could determine whether a set of antitrust court orders is put on pause.After a lengthy trial earlier this year brought by "Fortnite" creator Epic Games, US District Court Judge Yvonne Gonzalez Rogers issued a ruling that was largely favorable to the iPhone maker and upheld its practice of requiring developers to use its in-app payment system, for which it charges commissions.But…

Quantum computer maker Rigetti said on Wednesday it will go public through a merger with a blank-cheque firm in a deal that potentially values the combined company at $1.5 billion (roughly Rs. 11,240 crores).This is the second quantum computer hardware maker to announce going public this year using a blank-cheque, or special purpose acquisition company (SPAC). Maryland-based IonQ listed on the New York Stock Exchange on Friday. SPACs are shell companies that raise funds through an initial public offering to acquire a…

Sony's gaming division said on Friday it had agreed to buy God of War developer Valkyrie Entertainment for an undisclosed amount, as it seeks to add more muscle to its PlayStation Studios.The deal marks Sony Interactive Entertainment's fifth acquisition this year, following its buying of Nixxes Software, Returnal developer Housemarque, Bluepoint Games, and Firesprite.People had turned to video games for entertainment during last year's lockdowns, sparking a boom that is yet to slow down despite schools reopening and…

Amazon-backed connected fitness equipment maker Tonal is reportedly cutting 35 percent of its workforce, affecting all levels of its business.The company employs about 750 people, compared with a little more than 110 before the COVID-19 pandemic, Chief Executive Officer Aly Orady said in an interview.Orady also emphasised the need to be profitable, particularly as the company eyes an initial public offering.As per the CEO, Tonal has not been profitable in the past. But the job cuts will put the company on track to make…

Commercial electric vehicle manufacturer PMI Electro Mobility Solutions said that it will have 900 electric buses plying on Indian roads by December 2022. The company said it will make PMI Electro one of the largest electric bus fleet operators in the country, banking upon indigenous manufacturing technology and on-time deliveries."We have been aggressively bidding for tenders floated by state transport undertakings and have received several LoAs from various states," Manvi Jain, Head of Corporate Affairs, at PMI Electro…

Ms. Rumsey will become the seventh CEO of 103-year-old Cummins and the first woman to lead the company started by Clessie Cummins, a self-taught innovator of diesel engines. She has been the company’s chief operating officer and president since last year. The 48-year-old is replacing CEO Tom Linebarger, who is stepping down after nearly 11 years running the company. Mr. Linebarger, 59, will remain chairman of the company’s board. Ms. Rumsey will take charge of the Columbus,…

Take-Two Interactive, maker of Grand Theft Auto and Red Dead Redemption, is buying Zynga, maker of FarmVille and Words With Friends, in a cash-and-stock deal with an enterprise value of about $12.7 billion (roughly Rs. 94,030 crore).Zynga shareholders will receive $3.50 (roughly Rs. 260) in cash and $6.36 (roughly Rs. 470) in shares of Take-Two common stock for each share of Zynga outstanding stock at closing.Take-Two said Monday it anticipates $100 million (roughly Rs. 740 crore) in annual cost savings.The deal is…

TikTok's Chinese owner ByteDance is looking for its next big hit by wading deeper into the lifestyle sector of social media with Kesong, a shopping and lifestyle recommendations app similar to market leader Xiaohongshu. Kesong, launched last week, allows users to share photos, videos and write-ups of fashion tips and shopping experiences. It emulates Xiaohongshu, often likened to Meta Platforms' Instagram and which is widely considered the embodiment of "planting grass" - the notion that reviews can entice readers or…