All publications for 10.01.2022
Roblox takes down Chinese version of its app, which was crucial for its expansion into this market
Roblox had high hopes for its Chinese app as it was supposed to help the company expand into the local market. However, it has been suddenly removed from app stores. While not sharing specific reasons behind the decision, Roblox is now working on the new version.
Take-Two acquiring Zynga in “transformative” deal worth $12.7 billion
Take-Two announced a definitive agreement to acquire Zynga, creating “one of the largest publicly traded interactive entertainment companies in the world.” Take-Two will pay approximately $12.7 billion acquiring all of the outstanding shares of Zynga in a cash and stock transaction.