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TweakTown News Posts - Page 32

Razer seeks $5 billion valuation via overseas IPO

By: Derek Strickland | More News: Gaming | Posted: Jul 19, 2017 3:42 pm

PC peripherals-maker Razer hopes a new IPO will raise the company's valuation to as much as $5 billion.




After 12 years of being private, Razer currently plans to go public with its shares with an IPO. The company will open its shares in an initial public offering in Hong Kong, China, this October, sources familiar with the matter tell Bloomberg. The Singapore-founded American company is most known for its vibrant PC gaming products including keyboards, mice, and headsets, as well as premium-priced laptops like the Razer Blade.


With its IPO, Razer aims at a valuation of anywhere between $3 billion and $5 billion. Sources say the launch in Hong Kong is no mistake: the company is pursuing China's massive $27 billion games market, which is largely set on the mobile games segment. The company has already made its mark within the massively lucrative region with its first retail store based in Hong Kong.

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Cosmetic microtransactions fund StarCraft II tourneys

By: Derek Strickland | More News: Gaming | Posted: Jul 18, 2017 11:18 pm

Blizzard is taking a page out of Valve's playbook to fund StarCraft II eSports tournaments.



With its new War Chest initiative, games titan Blizzard is essentially mimicking Valve's unique interactive Battle Pass monetization program to raise money for competitive StarCraft II competitions. War Chest essentially allows StarCraft II players to purchase cosmetic skin packs via in-game microtransactions and earn exclusive rewards while taking part in an engaging marketing campaign.


Blizzard notes that 25% of all War Chest purchases go directly to StarCraft II eSports ventures. Official pricing of the skins remains unknown, and Blizzard will add the first $200,000 raised via War Chest to the BlizzCon 2017 tournament pool making a total prize pool of $700,000.


It'll be interesting to see how well this initiative goes, and how much revenue Blizzard can rake in to fund more eSports ventures and future productions and events.

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Samsung will manufacture 7nm chips for Apple's iPhone 9

By: Lana Jelic | More News: CPU, APU & Chipsets | Posted: Jul 18, 2017 10:28 pm

Samsung will produce chips for Apple's next year's iPhone, claims a new report. It appears that Samsung and Apple have already signed a deal regarding iPhone 9's processors.




This is a huge accomplishment for Samsung since the company lost the deal with Apple back in 2013 to its Taiwanese rival TSMC. TSMC is currently working on 10nm A11 chips for the iPhone 8.


Next year's iPhone, the iPhone 9, will be powered by the expected 7nm A12 chipset.

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It's not you; Crash Bandicoot remaster jumps ARE off

By: Derek Strickland | More News: Gaming | Posted: Jul 18, 2017 9:40 pm

The developers at Vicarious Visions have played some mind games with old-school Crash fans.




If you've played the new Crash Bandicoot remaster, you're probably having a tough time with the jumps. Thankfully we finally know why. It's not just you: Crash isn't jumping right, and his jumps really are off. These aren't the old-school PlayStation games you remember just updated fancy graphics, the devs at Vicarious Visions finally admitted, but a new game with an altered physics system.


"Many fans have picked up on the fact that Crash's jump isn't quite the same as it was, particularly in the first game, Crash Bandicoot," the dev team said in a recent Activision blog post. "The reason for that is because we want the best experience for all players, and Crash's handling falls into this category. We spent a lot of time studying the three titles and chose the handling from Crash Bandicoot 3: Warped as our Trilogy's starting point. An increased precision is now required in the first game, which makes the gameplay experience different."

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Far Cry 5's campaign is 25-30 hours long

By: Derek Strickland | More News: Gaming | Posted: Jul 18, 2017 8:16 pm

Far Cry 5's campaign length will be on par with previous games in the series, Ubisoft says.



With a living, breathing open world based built with Ubisoft's next-gen world tech mixed with chaotic and explosive FPS action, Far Cry 5 looks to be the most ambitious Far Cry yet. Since the game won't release until 2018, Ubisoft has been a bit tight-lipped about specific details, but lead writer Drew Holmes drops some new info.


In a recent interview with Gamingbolt, Mr. Holmes said that Far Cry 5 has deep customization and a massive level of guns and other toys to spread wanton mayhem across rural Montana. "It has a robust school system. There's going to be lots of weapons to play around with. We're going to go into it later. But expect improvement and stuff you have seen in previous Far Cry games," Mr. Holmes said. When asked about Far Cry 5's total campaign length, the writer affirmed it should be around 25-30 hours.

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Netflix pulls in 5.2 million new subscribers

By: Derek Strickland | More News: Celebrities & Entertainment | Posted: Jul 18, 2017 7:14 pm

Netflix has announced strong second quarter earnings, causing stocks to rally due to strong subscription growth.




Streaming juggernaut Netflix continues to grow: the company recently announced that it broke the 100 million subscriber barrier in its second quarter, with 104 million current members. Netflix reports boosts in revenues and subscribers, but weathered a 50% drop in operating income.


The titan raked in $2.78 billion in total revenues in the three month period ending June 30, 2017, up 32.3% year-over-year from Q2'16. Perhaps the most impressive jump is how many new subscribers Netflix earned--the company beat Wall Street's outlandish estimates by pulling in 5.2 million new subscribers during the quarter, or more than 200% more new subscribers year-over-year.



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Apple reportedly delaying all three rumored iPhones

By: Lana Jelic | More News: Mobile Devices, Tablets & Phones | Posted: Jul 18, 2017 6:40 pm

Apple is expected to announce its new phones in September, but we've heard for the past few weeks that the company is having some serious problems regarding placement of the fingerprint scanner. This might delay the iPhone 8.




However, a new report states that Apple's problems are deeper and that the company might have to delay all three rumored phones - iPhone 7s, iPhone 7s Plus, and iPhone 8.


According to the report, production on the iPhone 8 hasn't yet begun, which means the phone won't be ready for release until November or December at the earliest.

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Ataribox predictions: riding the nostalgia wave

By: Derek Strickland | More News: Gaming | Posted: Jul 18, 2017 5:30 pm

Before Nintendo, Atari reigned supreme: the games-maker was on top of the gaming world and conquered the market with its home video games consoles. Now that nostalgia has become an extremely profitable market, Atari wants to cash in on the trend with its new Ataribox and put the once-mighty company back into the game.



It's been 24 years since Atari released its last console, the ill-fated Atari Jaguar, before fizzling out of the hardware market and relegating its retro games library to third-party storefronts like Xbox LIVE and Steam. But with its latest Ataribox, the company may be poised on a big comeback. Official details on the Ataribox are vague; in a recent newsletter (which you can see below in full) Atari affirmed that the new box is a "new product that stays true to our heritage, appealing to old and new fans," and that it'll deliver "classic and current gaming content."


Although Atari CEO Fred Chesnais said the Ataribox is "based on PC technology", I predicted that the Ataribox is will be more aligned with the NES Mini rather than a modern console like the PlayStation 4 or Xbox One. The Verge seems to match my predictions. There's many reasons for this, but the principal one is that Atari simply can't take the risk of being utterly demolished by today's top console competitors.


No, Atari has to meet somewhere in the middle; a low-cost, high-demand market where millions of consumers put on rose-tinted glasses and experience the golden age (aka nostalgia).

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Aaryn Flynn leaves BioWare, Casey Hudson returns as GM

By: Derek Strickland | More News: Gaming | Posted: Jul 18, 2017 4:45 pm

After 17 years of working with BioWare, current General Manager Aaryn Flynn will depart the company at the end of July.




Today BioWare General Manager Aaryn Flynn announced his departure from the renowned Edmonton-based studio, where he helped make beloved games as Star Wars: Knights of the Old Republic, the Mass Effect series, and the Dragon Age franchise of RPGs. BioWare alum Casey Hudson will return to BioWare and lead the myriad of development teams as the new General Manager, Mr. Flynn said.


Mr. Flynn's departure comes at a key pivotal turning point for the company. BioWare is currently developing Anthem, its new action-based IP and most ambitious game to date with extensive online components and massive vertical open world exploration. BioWare's Edmonton team is also developing a new Dragon Age game, which is likely a big AAA RPG endeavor and not a spin-off.

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Apple's problems with fingerprint sensor continue

By: Lana Jelic | More News: Mobile Devices, Tablets & Phones | Posted: Jul 18, 2017 4:33 pm

There are a lot of rumors floating around about Apple's upcoming iPhone 8, specifically about the positioning of the fingerprint reader.




First, we heard that the company plans to embed the fingerprint scanner under the screen. However, a recent report states that the upcoming device won't have a Touch ID at all but will instead feature facial recognition only.


Now here's where it becomes interesting. The latest report claims that both options are out of the picture and that Apple will go with an enlarged power button on the side of the phone which will also serve as a fingerprint scanner.

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