Nexon makes strategic investment in Patrick Söderlund’s game studio Embark Studios

Asian online gaming giant Nexon made a strategic investment in Embark Studios, a new game studio founded by former Electronic Arts and DICE executive Patrick Söderlund. As the sole strategic equity investor in Embark, Nexon, maker of games such as MapleStory and Dungeon & Fighter, will also serve as worldwide publisher for titles developed by the […]

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Hackers briefly commandeered the website for Saudi Arabia's big investment conference to send a message about Jamal Khashoggi

ScreenshotThe Future Investment Initiative (FII) was hacked on October 22. Hackers targeted the website for the Future Investment Initiative (FII) conference, a major investment conference hosted by Saudi Crown Prince Mohammed bin Salman. The site briefly featured an edited image of the crown prince holding a knife over the slain journalist Jamal Khashoggi’s head. Below […]


Intel Tackles Chip Shortage With $1 Billion Investment

Intel is trying to head off a PC chip shortage by investing $ 1 billion in its manufacturing sites. On Friday, Intel’s interim CEO Bob Swan said that “supply is undoubtedly tight” for the company’s processors, amid a return to growth in the PC market. Intel has been prioritizing production of its Xeon and Core […]