The coronavirus has hit the micromobility world hard as companies struggle with the impact on consumer transportation habits. But in Europe, Tier appears to be bucking the trend as it managed to turn profitable this year and stands on the cusp of an ambitious new product launch. Confirming that momentum, Tier today announced it has […]
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Mozilla Lays Off 250, Teams Working On XR-Related Projects Affected
The organization behind the Firefox Web browser as well as a series of XR-related projects, including the Mozilla Hubs Web-based social networking work, laid off a significant number of people in a restructuring effort. Approximately 250 people will lose their jobs and another 60 will be reassigned, according to communications shared by Mozilla Corporation CEO […]
Sony Invests $250 Million In Epic Games
The Sony Corporation has agreed to make a strategic investment of $250 million to acquire a minority interest in Epic Games. The strategic investment is aimed at broadening the collaboration between Epic Games with its entertainment platform and digital ecosystem, and Sony with its portfolio of entertainment and technology. Epic Games is not only known as the developer […]