Business

Sennheiser’s consumer business just found an unexpected buyer

Sennheiser’s consumer business just found an unexpected buyer

Back in February, Sennheiser announced that it was looking for a partner to take over its consumer products arm so it could shift its focus entirely to its Pro business. Today, the company announced that it has found a partner in the Stäfa, Switzerland-based Sonova Holding AG. Sonovoa has agreed to acquire Sennheiser's consumer business and continue to develop, produce, and sell headphones and soundbars under the Sennheiser brand.

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Apple just made a super-strategic investment in laser tech: Here’s why

Apple just made a super-strategic investment in laser tech: Here’s why

Apple has pumped a further $410 million into a key supplier for its laser tech, used in the iPhone and iPad cameras for Face ID and the LiDAR Scanner. The investment is the second the Cupertino firm has made in II-VI, and one which Apple suggests will get it earlier access to upcoming components for next-gen devices.

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Nintendo’s juggernaut year by the jaw-dropping numbers

Nintendo’s juggernaut year by the jaw-dropping numbers

Nintendo today shared its financial results for the fiscal year ended March 31st, 2021, and its safe to say that it was a very good year for the company. Fueled by the COVID-19 pandemic keeping everyone at home for the majority of the fiscal year and probably combined with the fact that next-gen consoles from Sony and Microsoft have been hard to find since launch, the Switch had a stellar year, finishing with life-to-date shipments of 84.59 million units.

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Humble Bundle charity sliders return after fan pushback

Humble Bundle charity sliders return after fan pushback

Last month, Humble Bundle announced the controversial decision to redesign its bundle pages and remove the sliders that buyers can use to customize how the money from their purchases is distributed. Those sliders have been part of Humble Bundle since the very first Humble Indie Bundle was offered, so the sudden disappearance of them sparked considerable push back from Humble Bundle's user base. Today, Humble Bundle brought the sliders back, saying that the response to their removal was heard "loud and clear."

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Gamescom 2021 changes course, goes all digital

Gamescom 2021 changes course, goes all digital

Throughout the past year, a number of trade shows and press events have been forced to go entirely digital because of the COVID-19 pandemic. Gamescom was one such show, and after having gone all digital last year, its organizers were hoping to host a hybrid show that blended in-person events and digital livestreams in 2021. As it turns out, that won't be happening, as the organizers behind Gamescom have announced that the show will be all digital once more this year.

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Facebook shut down Signal’s ads because they exposed too much

Facebook shut down Signal’s ads because they exposed too much

Facebook has barred privacy-focused messaging app Signal from running a series of Instagram ads, which would have exposed just how much personal information the photo-sharing network - and its social media behemoth owner - has on individuals as they browse their timeline. Signal had intended to use Instagram's own third-party advert tools to reveal some of the precise targeting that advertisers can buy access to.

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Twitter’s Scroll acquisition paves way for premium subscription features

Twitter’s Scroll acquisition paves way for premium subscription features

Twitter has announced its acquisition of Scroll, a startup service that enables Internet users to read articles with all of the extraneous bits like advertisements removed. The company notes that Scroll will play a role in its subscription service plans, joining Twitter's newsletter plan with its recent Revue acquisition.

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Here’s how much Epic paid for Borderlands 3 exclusivity

Here’s how much Epic paid for Borderlands 3 exclusivity

One of the most controversial things Epic has done with the Epic Games Store involves signing exclusivity contracts with developers and publishers. These contracts make PC games exclusive to the Epic Games Store for a certain period of time, specifically keeping them off Steam - the most popular PC gaming store around. There have been a lot of notable Epic Games Store exclusives since the store launched, but one of the most notable was undoubtedly Borderlands 3.

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Robinhood crypto trading outage strikes as Dogecoin spikes [Update]

Robinhood crypto trading outage strikes as Dogecoin spikes [Update]

Robinhood is experiencing issues this morning, with the company acknowledging that users are having problems with crypto trading. It's another frustrating outage for the popular trading platform, and comes as meme-stock turned Elon Musk favorite Dogecoin (aka DOGE) sees a surge in price.

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Epic vs Apple court battle reveals the true price of free PC games

Epic vs Apple court battle reveals the true price of free PC games

Ever since its inception, the Epic Games Store has given away free games frequently as a way of enticing PC gamers to create accounts. The hope, of course, is that the people who show up for the free games stick around and spend money on the Epic Games Store later, but of course, these promos cost Epic a fair amount of cash since developers need to be reimbursed for the copies that are claimed. If you've ever wondered how much Epic is paying for these free games, newly-surfaced court documents are shedding some light on just that today.

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Verizon just sold AOL, Yahoo at a loss to the Venetian casino owner

Verizon just sold AOL, Yahoo at a loss to the Venetian casino owner

AOL and Yahoo can perhaps be considered relics of the Internet's past. One of the first communication platforms and search engines, respectively, the two have long been displaced from their markets and have never fully recovered. There has been no shortage of attempts to revive their brands or embark on new ventures but those might have finally come to an end now that Verizon has sold the two off, along with the rest of Verizon Media, to an equity firm better known for owning one of Las Vegas's most popular resort hotels.

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Fortnite made a truly ridiculous amount of money in its first two years

Fortnite made a truly ridiculous amount of money in its first two years

Throughout Fortnite's history, we've known that the game has been a major money maker for Epic Games without knowing much in the way of specifics. Epic, after all, is a private company, so it typically doesn't disclose how much it or its games are making publicly. With Epic embroiled in a court battle with Apple at the moment, we're learning details that were previously kept under wraps, including how much money Fortnite pulled in during its meteoric rise to success.

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