Razer has invested close to $20 million into Malaysia-based online payment firm MOL Global as part of a push to establish its virtual currency for gamers in Asia.
The deal sees Razer subsidiary ZV-Midas buy equity from existing backers MOL Investment & Hotel Resort Enterprise in a deal that values the MOL Global business at around the $100 million mark.
Gaming company Razer, which made its name selling high-end peripherals & gaming laptops, introduced its ‘zVault’ digital wallet & ‘zGold’ rewards program for its gamers back in March. The strategy seems like a long-term effort to keeps gamers’ money inside the Razer [...]
Facebook sees Groups as the core of its push to “build community,” as Mark Zuckerberg detailed in his 6,000-word humanitarian manifesto. So today at its Communities Summit in Chicago, where it assembled 300 admins of top Groups, Facebook is making good on Zuckerberg’s promise to give admins more tools to manage their flocks. These include Group analytics, membership request filtering, removed member clean-up, scheduled posts & group-to-group linking.
These tools automate or facilitate the busy work that Group admins were already slogging through manually to assist their constituencies. Their rollout should increase the sharing of resonant content as well as the sense of [...]
After three days of connectivity issues which prevented some Skype users from being able to log in, make calls, or send & receive messages, the company says it has now fully resolved the problem. What it isn’t saying – at least not yet – is what exactly happened.
Microsoft’s decision to stay silent on an incident of this length & scale – the outage impacted users across Europe & elsewhere – lends further credence to reports that a hacker group may be to blame.
Generally speaking, when the issue is technical in nature – like Starbucks’ buggy update, Instapaper’s database failure, a web services outage with rippling effects, [...]
Uber’s embattled CEO Travis Kalanick is resigning from the ride-sharing company he helped found in 2009 following a “shareholder revolt” led by some of Uber’s most prominent investors, the New York Times reports.
An Uber spokesperson confirmed to TechUKTV that Kalanick has stepped down.
The report states that five of Uber’s most prominent investors, including Benchmark, wrote a letter titled “Moving Uber Forward,” which recommended that the CEO step aside immediately. After hours of discussion, Kalanick agreed to resign.
“I love Uber more than anything in the world & at this difficult moment in my personal life I have accepted the investors request to step [...]