Technology

The Epic Games Store is hitting its stride. Epic revealed today that its PC gaming portal hit 61 million monthly active players on PC. It also had an average peak-concurrent player count of 13 million on PC. This came as Epic gave away free games as part of “The Vault” …

Third Wave Automation, a startup developing autonomous forklift technology, today emerged from stealth with $ 15 million in equity financing. CEO and cofounder Arshan Poursohi says the proceeds will accelerate its go-to-market efforts as the company signs on undisclosed customers. The COVID-19 crisis — and corresponding rise in online shopping …

(REUTERS) — U.S. President Donald Trump will suspend the entry of certain foreign workers, a senior administration official said on Monday, a move the official said would help the economy, but which business groups strongly oppose. Trump will block the entry of foreign workers on H-1B visas for skilled workers …

Apple’s first virtual developer conference is now well under way, and as usual the Cupertino company kicked things off with a handful of announcements that will impact the developer community in some shape or form, spanning both the software and hardware spheres. Here’s a brief recap of all the major …

We knew that a character from Arms would be coming to Super Smash Bros. Ultimate. Now we know that it’s Min Min, Arms’ ramen loving spring boxer. This is the first character added as part of the second Fighters Pass. Buying the pass will get you access to six characters …

Blockchain gaming has to walk before it runs. That’s why Polyient Games, a spinoff of incubator Polyient Labs, is starting to invest in early-stage infrastructure companies that will enable blockchain games. Blockchain is the technology that uses peer-to-peer decentralized networking to build a transparent and secure ledger. It is the …

The COVID-19 pandemic has naturally made venture capitalists more cautious. Pitchbook analysts estimate that in the first quarter of 2020, the number of venture deals made in the 10 largest countries in Europe almost halved compared to the same period in 2019, from 1363 to 692, although the total investment …

The pandemic has upended the business models of most startups and existing companies. As the economy reopens, companies are finding that customers may have disappeared or that their spending behavior has changed. Suppliers are going out of business or requiring cash-up-front terms. Accounts receivables are stretching way out. Revenue models …

The U.S. remains at the forefront of technology innovation due to entrepreneurs that take risks.  When combined with access to capital, these risks enable an entrepreneurial ecosystem that gives the U.S. a competitive edge. But where does an entrepreneur turn for capital when either the endeavor is too early stage, …