Netflix Buys Boss Fight Entertainment as It Builds Out Gaming Business
Netflix said on Thursday that it was buying Boss Fight Entertainment, a small independent video game studio based in Allen, Texas, as the video streaming company pushes further into the lucrative video game market.
The acquisition of Boss Fight, a mobile game developer with 130 employees, is Netflix’s third studio purchase since it set its sights on the gaming industry last summer. The company bought a studio called Night School in September, and this month it bought Next Games. Netflix would not say how much it paid for Boss Fight.
Netflix has far fewer development studios compared with companies like Microsoft and Sony, which produce gaming consoles and hit titles like Halo and Spider-Man. And its acquisitions have been narrower in scope.
But the deals point up Netflix’s emerging strategy as it aims to catch up to its competitors. Even Google and Amazon, also big tech companies trying to break into the gaming world, have a head start on Netflix.
Mike Verdu, who was brought on to lead Netflix’s gaming push after working at Facebook and Electronic Arts, said Netflix intended to distinguish itself using the brand appeal of its shows, which could be turned into games. A game based on a Netflix hit could interest gamers purely through name recognition, even if Netflix does not yet have a reputation for making popular game titles.
Netflix executives believe the company can offer a connection between its popular streaming shows and related games “and stories that they love in between seasons of a show or in between movies,” Mr. Verdu said in an interview. He said Netflix would eventually create new, original games, rather than rely solely on buying games made by outside studios.
Other big tech companies had early failures in gaming. Amazon’s first gaming offerings were widely criticized, and Google, after lofty promises, gave up on designing its own games last year.
Mr. Verdu said Netflix’s expansion would be slow and careful. He compared it to the company’s struggles before eventually finding breakthrough television series in the streaming business like “House of Cards” and “Orange Is the New Black.”
“It took a while for the company to reach the point,” he said, where “these original shows just broke through and you saw the promise of original content and the promise of streaming come together in this magic moment.”
Alexey Ivanov Introduces Alliance Rental: Luxury Transport Rentals by Alliance Trucks
The application, marketing brand, and all business processes are complete, and legal compliance with local laws, rules, and regulations is under process.Alliance Rental offers taxi Rolls-Royce, luxury sport cars, yachts, helicopters, and aircraft rentals. Partnerships with operators of luxury services are currently being signed, and the project is ready to launch soon. Alexey Ivanov’s mission is to make the world a better and cleaner place, live a long, bright, and memorable life, create a family, raise children, create and invent something that deeply touches the feelings of people, be a mentor, teach knowledge, and leave a significant mark in history, society, and culture. For more information on Alliance Rental and Alexey Ivanov, follow him on Instagram at @a.a.ivanov
How Elias Luna Became an Expert in Forex Trading and Built a Thriving Community
Elias Fernando Luna Galarza is a young trader who has made a name for himself in the financial markets. Born in Ecuador, Elias developed an interest in trading at a young age and has been pursuing his passion ever since.
At the age of 20, Elias began studying trading, and he quickly realized that he had a natural talent for it. Despite facing numerous challenges, including financial constraints and the COVID-19 pandemic, Elias persevered and continued to pursue his dream of becoming a successful trader.
Through his dedication and hard work, Elias has managed to turn his passion for trading into a lucrative career. He is now an expert in the foreign exchange market, also known as Forex, and has a track record of achieving impressive results.
Elias is not only a successful trader but also an influential figure on social media. He has a large following on Instagram, where he shares his insights and tips on trading with his followers. He also offers teaching and capital management services to those who are interested in the world of financial markets.
Elias’ vision is to create a large community of traders who can support each other and learn from each other’s experiences. He wants to empower his home country, Ecuador, by promoting trading as a means of capitalization and helping his community achieve their financial goals.
Elias’ journey has been anything but easy, but he has proven that with dedication and hard work, anything is possible.
He is a role model for young traders around the world and an inspiration to those who are looking to pursue their passion in the financial markets.
If you’re interested in learning more about trading or want to connect with Elias, you can follow him on Instagram at @eliasluna.fx. Join his community of traders and learn from one of the best in the business.
Cortical Labs raises $10M for its Pong-playing stem cells that eventually could power AI
While generative AI is buzzy right now, what OpenAI, Microsoft and Google are doing may be only part of the story. There is also the process of using biology: the idea of using stem cells to create biocomputers that could potentially be smarter and more energy efficient than what we are used to today.
Australian startup Cortical Labs popped up on the radar after Amazon CTO Werner Vogels flew down to Australia to visit their lab recently, and he even wrote about it, calling it “intriguing.”
Cortical combines synthetic biology and human neurons to develop what it claims is a class of AI, known as “Organoid Intelligence” (OI).
It’s now raised a $10 million funding round led by Horizons Ventures, with participation from LifeX (Life Extension) Ventures (the launch of which which we covered last year), Blackbird Ventures, Radar Ventures and In-Q-Tel (the venture arm of the CIA).
The company says it is already in the process of fulfilling orders for its technology.
How it works is that it uses clusters of lab-cultivated neurons from human stem cells to form what it calls a “DishBrain,” which is then hooked-up to hard silicon to create what it describes as a Biological Intelligence Operating System (biOS).
Some observers say this is the future of AI because human neurons could be better than any digital AI model for generalized intelligence, given that they are self-programming and require far less energy consumption.
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