Sega Corp. has agreed to pay about $776 million for Rovio Entertainment, the Finland-based maker of the “Angry Birds” game franchise. The move aims to help Sega establish a presence in mobile gaming while launching Rovio IP in the PC and console markets. The tender offer — equivalent to about $10.15 per share — was issued from Sega’s wholly-owned UK subsidiary Sega Europe Ltd. and parent company Sega Sammy Holdings. Sega, based in Japan, has as part of its mid-term plan earmarked $1.8 billion for expanding its global presence and “exploring new ecosystems” through 2026. Continue reading Sega to Purchase ‘Angry Birds’ Maker Rovio for $776 Million

Twitter appears to be angling for a slice of the newsletter market, with tweets of up to 10,000 words now available to Twitter Blue subscribers in the U.S. That’s more than double the 4,000-character limit paid accounts were extended in February. Those using the platform’s free tier are still allowed only 280-character tweets. The lengthy posts are intended to help users monetize through subscriptions, which can be priced at $2.99, $4.99 or $9.99 per month. In addition to the character cap increase, Twitter Blue subscribers will also gain access to support for bold and italics text formatting. Continue reading Twitter Pushes Subscriptions and Increases Its Character Cap

Amidst calls to put the brakes on large language model development, OpenAI CEO Sam Altman has hit the global circuit to tout the advantages of artificial intelligence and commercial opportunities with his firm. Altman’s 17-city tour includes stops in Washington D.C., Toronto, Tokyo, Rio De Janeiro, Lagos, London, Paris, Madrid, Brussels, Munich, Tel Aviv, Singapore, Dubai, New Delhi, Jakarta, Seoul and Melbourne. On Monday, Altman met with Japanese Prime Minister Fumio Kishida and other government officials, vowing to collaborate on protecting user privacy and data protection. Continue reading OpenAI’s Altman Talks Up Machine Learning on Global Tour

Nintendo’s Mario the plumber is officially a movie star, becoming the top-opening video game adaptation worldwide this past weekend. “Super Mario Bros.” original game designer Shigeru Miyamoto says he plans to keep his celebrity duo — Mario and brother Luigi — away from the small screen, meaning mobile. The legendary video game creator can afford to be picky about his A-lister’s venues. “The Super Mario Bros. Movie” animated feature easily topped the long Easter weekend box office charts by earning $204.6 million domestic and $377 million worldwide. Continue reading Animated ‘Super Mario’ Is the Top Game-Based Film Opener

Japan decided last week to join the U.S. and Netherlands in limiting exports of chipmaking gear to China. As early as July, suppliers of 23 types of chip technology will need a government sign-off to export to countries including China, which has been struggling to build a domestic chip industry. Japanese companies impacted by the restrictions include Tokyo Electron, Lasertec, Nikon Corp. and Screen Holdings, according to the Japanese trade ministry. The central goal of the clampdown is to make it harder for Chinese firms to produce advanced chips for artificial intelligence. Continue reading Japan, U.S., Netherlands Seek to Limit China’s Chip Industry

A new Goldman Sachs report suggests artificial intelligence could trigger “significant disruption” in the global labor market. In the U.S. and Europe, as many as two-thirds of jobs could become automated at least in part, and generative AI could substitute up to one-fourth of current work. Extrapolating the estimates globally indicates generative AI “could expose the equivalent of 300 million full-time jobs to automation,” the report says. Among U.S. workers, of those occupations that present a natural opportunity for AI assistance, somewhere between 25-50 percent of existing duties can be replaced, the Goldman Sachs research team says. Continue reading Report: 300M Global Workers May See Jobs Impacted by AI

The sluggish consumer adoption of virtual reality has pointed to a broader hesitation with immersive technologies that separate the user from their environment. In response, a niche market has evolved for technologies that unobtrusively live on the body while contributing an augmented sensory experience when needed. (See earrings that also offer directional audio from a company called Nova, for instance.) The Japanese exhibit section of the CES Eureka Park startup arena, however, showcased a more environmentally integrated — although still individualized — vision of immersion. Continue reading CES: Targeted Sensory Immersion at the Japanese Exhibition

Amazon Games and Crystal Dynamics are teaming on a new multiplatform installment in the “Tomb Raider” franchise. Crystal Dynamics is producing the title, which Amazon Games will publish globally. The as-yet-untitled project will mark Amazon Games’ first single-player narrative, following multiplayer titles including “New World” and “Lost Ark.” Crystal Dynamics plans to use Unreal Engine 5 to take gameplay and storytelling to the next level, according to Amazon, whose games VP Christoph Hartmann called the franchise “one of the most beloved IPs in entertainment history,” following the adventures of British archaeologist Lara Croft. Continue reading Amazon and Crystal Dynamics to Publish New ‘Tomb Raider’

Apple is planning to allow app sideloading in response to the European Union’s Digital Markets Act, set to take effect in 2024. The move reverses long-held policies that were a source of ire to many Apple developers as well as global regulators. It is believed the new approach could spillover to other regions where lawmakers are at various stages of reining in Big Tech, with companies including Google and Meta Platforms also in the crosshairs. The news sent shares up among companies that offer dating apps, including Match Group and Bumble. Spotify also got a bump. Continue reading Apple Plans to Open iOS to Third-Parties Thanks to EU Laws

Japan, once the world’s top producer of computer chips, is seeking to regain its foothold in the manufacture of leading-edge semiconductors. Last month, a consortium of eight Japanese companies formed Rapidus, a foundry the Japanese government hopes will help get the nation on track for advanced chip manufacturing. IBM Research is joining forces with Rapidus, with plans to manufacture IBM’s 2nm technology in fabs that Rapidus is building in Japan, with output expected to commence in the latter half of the decade. Continue reading IBM Teams Up with Rapidus Foundry on Chip Manufacturing

The industry is buzzing about a new Sony product called Mocopi that offers motion capture priced for consumers. The Meta Quest-compatible Mocopi utilizes six tracking bands to be worn on the head, back, hands and feet. Priced at 49,500 yen (or about $358), Sony announced Mocopi on its Japanese YouTube channel, with a U.S. release expected toward the end of January 2023. Touted as a way to operate avatars in the metaverse or make videos, Mocopi will have an SDK that can import motion data into 3D animations. Continue reading Sony Targets the Metaverse with Consumer Motion Capture

The Entertainment Technology Center at the University of Southern California (ETC@USC) is pleased to announce the addition of the RoninX Foundation to its executive board. The Japan-based foundation is pursuing a camera metadata interoperability standard and a new 8K streaming protocol for innovative use cases for the open multiverse. The RoninX Foundation is guided by its community of camera manufacturers, storage providers, Internet service providers, infrastructure providers, 5G operators and studios. Continue reading ETC@USC Announces RoninX Foundation as Board Member

Tencent has invested $297 million in Guillemot Brothers Limited, the company that owns Ubisoft, maker of “Assassin’s Creed.” The Chinese game giant already had a 4.5 percent stake in Ubisoft that it can now increase to 9.99 percent. Tencent gains a 49.9 percent stake with 5 percent voting rights in the parent company. Shares of Ubisoft fell 17 percent last week when it became apparent there was no takeover in the offing. The deal is part of a strategy “to develop immersive game experiences, and to bring some of Ubisoft’s most well-known AAA franchises to mobile,” said Tencent president and CEO Martin Lau. Continue reading Tencent Holdings Sinks $297M into Ubisoft Owner Guillemot

VTubers are Japan’s latest export, with dozens of the virtual online stars claiming millions of fans and becoming a new breed of influencer, raking in hefty sums on platforms such as YouTube and Twitch. Tokyo-based Hololive Production kicked off the creator trend, which centers on animated personas that stream using motion-capture or AR face-tracking. Complete with their own mythos and origin stories, the characters amass large followings. As of April, Hololive represented more than 65 VTubers, the most popular in English, Gawr Gura, has more than 4 million YouTube subscribers. Now UTA has signed VTubers Shxtou and Baoo for representation. Continue reading VTubers are Latest Creators Earning on YouTube and Twitch

Video games as an advertising medium is still relatively niche, but a migration to streaming has paved the way for what observers predict will be explosive growth. Ad Age recently identified gaming as “the next huge advertising channel.” Fast Company posits U.S. in-game advertising, or IGA, is currently between $6-$8 billion, which is less than 6 percent of U.S. digital advertising. Analytics firm Research Dive predicts in-game advertising will grow to $14 billion worldwide by 2028. Fast Company says here are nearly 3 billion global players — one in four people — and growing by 15 percent a year. Continue reading Video-Game Advertising Projected to Top $14 Billion by 2028