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Yet more consolidation afoot in the gaming business. Gree International, the global arm of the Japanese gaming giant that focuses on social and mobile gaming, is downsizing in San Francisco by cutting 30 percent of jobs, and at the same time it is doubling down on growth in other markets. Gree is acquiring Australia’s Twiitch — makers of Heroes of War and other popular titles (and… Read More
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Last-minute hotel booking app HotelQuickly — whose founding team includes two ex-Rocket Internet executives — has raised a further $4.5 million in funding as it doubles-down on the Asia-Pacific market — and, perhaps in the longer-term, keep San Francisco-based and heavily-funded HotelTonight at bay when and if it enters the region. Read More
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