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Pokémon Go lands Japanese mobile operator SoftBank as sponsored location
There may be a debate about whether we’ve reached peak Pokémon Go for gamers, but the hit title is just getting started with brands. That’s because Japanese mobile operator SoftBank is the latest company to sign up to be a “sponsored location” inside the game. Tencent reportedly eyes majority stake in Supercell, plans tie-ups with Publicis, LVMH
China’s Internet giant Tencent has been expanding its international reach in areas like games and advertising, and as part of that, the company is picking up its dealmaking in Europe. The Wall Street Journal is reporting that the owner of the popular WeChat messaging platform is in early talks to buy a majority stake in Supercell — the mobile gaming phenomenon based out of… Read More
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Nextbit cancels CDMA version of Robin smartphone, issues refunds
After already delaying the CDMA by a few months, Nextbit has decided to cancel the production of the CDMA Robin for Verizon and Sprint networks outright, Recode reports. The company is now refunding Kickstarter backers and offering them a 25% discount on the GSM version should they choose to get one. Read More
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IBM and SoftBank Launch First Japanese Language APIs for Watson
A year ago, SoftBank teamed up with IBM to bring its supercomputer Watson to Japan. Now Watson has learned enough Japanese for developers to take advantage of its new skills. SoftBank Ups Its Stake In Supercell To 73% As Accel Cashes Out Of The Mobile Gaming Giant
Some ownership changes afoot at Supercell, the mobile gaming giant out of Finland behind blockbuster titles like Clash of Clans and Hay Day. Japan’s SoftBank has upped its stake in the startup to 73.2 percent, after buying an additional 22.7 percent of shares from existing external investors, with VC Accel exiting the company completely in the process. SoftBank says that Supercell… Read More
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SoftBank Invests $7M In MIT-based Clean-Tech Startup Altaeros Energies
Another day, another funding from SoftBank. This time the corporation, one of Japan’s leading telecoms, has invested $7 million in Altaeros Energies, which is based at the Massachusetts Institute of Technology and makes airborne wind turbines. Bharti SoftBank Acquires 36.5% Stake In Indian Media Startup ScoopWhoop
Bharti SoftBank, a joint venture between business group Bharti Enterprises and SoftBank Corp., announced today that it has acquired a 36.5 percent stake in ScoopWhoop, an Indian-focused media startup. Though financial terms were undisclosed, the deal is interesting because it’s the latest in a series of investments by SoftBank in Indian startups. The Japanese telecom giant recently said… Read More
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Location Is Everything, As Mobile Ad Startup xAd Raises $50M Led By IVP
xAd, a mobile ad startup that specialises in serving media specific to a user’s location, is today announcing $50 million in funding — significant not only for the size of the round, but also for the context around the money coming into its coffers. xAd is already profitable, growing fast, wasn’t in the market for raising financing (it has “several million dollars… Read More
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