Sells

Swedish video game publisher Embracer said Monday it had acquired three development studios responsible for hit games such as Tomb Raider and Deus Ex from Japanese publisher Square Enix.The acquisition of the three North American studios Crystal Dynamics, Eidos-Montreal and Square Enix Montreal, totalled $300 million (roughly Rs. 2,295 crore) and affects around 1,100 employees, Embracer said in a statement.It also included the intellectual properties (IPs) for several best-selling franchises, such as Tomb Raider, starring…

This week on the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. This week, we discuss Elon Musk selling Tesla (TSLA) shares to buy Twitter, GM announcing an electric Corvette, Ford starting F-150 Lightning production, and more. Sponsored by Recurrent Auto: Check the battery before buying a used EV & monitor your battery performance with monthly insights using Recurrent’s free battery reports for EV owners. The show is live every Friday at 4 p.m. ET on …

More than 70 original NASA photographs including a celebrated image of Buzz Aldrin's moon walk taken by Neil Armstrong were sold at auction in Copenhagen on Wednesday for more than EUR 155,000 (roughly Rs. 1.3 crore).The Aldrin image, which fetched EUR 5,373 (roughly Rs. 4,52,000), shows the astronaut on the surface of the moon in July 1969 during the first manned lunar landing. It was famously used on the cover of LIFE magazine.Armstrong, the first man to step onto the Moon, can be seen in the reflection of Aldrin's…

Tesla Chief Executive Officer Elon Musk sold $4 billion (roughly Rs. 30,610 crore) worth of shares in the electric vehicle maker, US securities filings showed on Thursday, in sales likely aimed at helping finance his planned purchase of Twitter.Musk said in a tweet that there are "no further TSLA sales planned after today." He sold 4.4 million shares on Tuesday and Wednesday, according to the filings, equating to 2.6 percent of his stake in the company.The sale came after Musk on Monday clinched a deal to buy Twitter for…