Connect with us

Tech News

Pokémon GO creator Niantic closes $190M funding round – TechCrunch

Published

on

3 hours ago
Tech News

1 Views

Mobile AR gaming startup Niantic has closed a $190 million round of funding according to newly filed SEC docs.

The filing comes after a WSJ report last month suggested the company was in the process of closing a $200 million raise from investors, including IVP, aXiomatic Gaming and Samsung, at a $3.9 billion valuation. The round closed shortly after that report on December 20 according to the new documents.

With the close of this round, Niantic has now raised more than $415 million to date. The startup’s other investors include Founders Fund, Spark Capital and Alsop Louie Partners, among others. The filing details that there were 26 investors in this funding round.

The new influx of cash comes as the creator of Pokémon GO prepares to release its next major title, Harry Potter: Wizards Unite. The augmented reality game does not have a release date yet, but is expected to launch this year.

Source link


Check Also



Chinese internet giant Tencent has been excluded from the first batch of video game license approvals …

Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Tech News

Facebook posts can now be exported to Google Docs, WordPress

Published

on

Depending on how you look at it, Facebook may have surpassed Google in being the poster child for harvesting personal data on the Internet. Considering how much of people’s online lives and information it has in its possession, the social media giant regularly gets pushed, mostly through laws and regulations, to take certain steps to secure and unlock users’ information. Part of that is allowing users to move their data outside of Facebook and a new export tool will let them do just that to transfer their posts to other online services.

The ability to export Facebook data has actually been around for a few years now. It’s part of the Data Transfer Project, an agreement among some of the Big Tech companies to allow users to move some of their data across different and competing services. Last year, Facebook made it possible to transfer photos to Google Photos and now it’s doing something similar for posts themselves.

According to the blog post, Facebook users can go to their account’s “Your Facebook Information” Settings to select Transfer Your Information. You can select either Photos or Notes (but not both at the same time) and have them copied over to Google Docs or WordPress. You will then be asked to log into those external accounts before the transfer begins.

Facebook promises that the tool is secure and private and that data is encrypted as it moves between services. Comments to posts are not exported, however, since they’re associated with someone else’s Facebook account.

It’s a small but important step for Facebook users to have their data unshackled from the social network’s walls, at least when they need to. Facebook is, of course, simply complying with regional laws and probably doesn’t expect most users to utilize them, anyway.

Continue Reading

Tech News

Sony’s latest Home Cinema Projector has native 4K and a huge price tag

Published

on

Sony has announced two new projectors designed for home theaters: the VPL-VW325ES and VPL-VW1025ES. Both models feature native 4K support, according to Sony, which packed in features like its X1 projector picture processor and dynamic HDR enhancement. Both models are available now, but they come with substantial price tags.

The notable feature with both of these new Sony projectors is the inclusion of its ‘X1 for projector’ picture processor, which is based on the same tech found in the company’s BRAVIA televisions. The hardware has been, according to Sony, optimized for use in projectors to enable features like the aforementioned dynamic HDR enhancement.

Both models offer native 4096 x 2160 resolution for a true 4K home theater experience. Sony includes some of the features from the previous generation, including an input-lag reduction mode, but adds what the company says is ‘dramatically’ improved performance when it comes to display reaction speed.

These things should make the projectors a suitable option for gamers who want to play on the extra-big screen. Both models can likewise upscale FHD and 2K content to 4K resolution. There are some differences between the two models, however, including both the light source and lenses used.

The VPL-VW325ES model features a 1,500-lumen lamp as a light source, while the VPL-VW1025ES model has a brighter 2,200-lumen laser light source. Likewise, the latter model also has an All-Range Crisp Focus (ARC-F) lens that offers ‘pristine’ image quality from edge to edge, according to Sony.

Getting that benefit won’t come cheap, however, as the VPL-VW1025ES projector is priced at $39,999.99 USD. The VPL-VW325ES model, meanwhile, is more affordable at $5,499 USD. Both models can be preordered now.

Continue Reading

Tech News

Geico security breach exposed customers’ driver’s license numbers

Published

on

A letter submitted by insurance company Geico to the California attorney general’s office details a data breach that took place earlier this year, exposing customers’ driver’s license numbers. The letter doesn’t include certain pertinent details such as how many people were potentially impacted by the security issue, though it did note the numbers may be used as part of unemployment benefits fraud.

The letter, which was first spied by TechCrunch, is dated April 9 and explains that the security incident took place from January 21 to March 1. During that time, the hacker(s) used customer data “acquired elsewhere” to get access to Geico subscribers’ driver’s license numbers using the company’s online sales system.

The company’s letter explains that it believes “this information could be used to fraudulently apply for unemployment benefits” in the customers’ names. For this reason, Geico customers who receive any unexpected mail from their state’s unemployment agency are encouraged to check it for signs of fraud taking place in their name.

Geico notes that it secured its website when it learned about the issue and that it investigated the cause of the breach. The company’s letter says that Geico has “implemented — and continues to implement — additional security enhancements to help prevent future fraud and illegal activities on our website.”

The company hasn’t yet published a security breach note on its website, but the letter is written to customers and explains that they will be offered a year’s subscription to IdentityForce for identity theft protection. The letter, it seems, includes a one-time code the customers can use to activate the free data monitoring service.

Continue Reading

Trending