More than 200 kids virtual worlds in development
More than 200 virtual worlds aimed at young people are in development around the world, according to Virtual Worlds Management.
What explains the mad rush? Basically, Disney bought Club Penguin in 2007 for $700 million, triggering an industry-wide gold rush.
Virtual Worlds Management tracks all of this… Continue Reading
Knowledge Adventure raises $5 million to make jump from kids games to virtual worlds
Plenty of companies are making the shift from video games to virtual worlds. Knowledge Adventure is the latest as it announced today it has raised $5 million in a second round of funding to shift its focus from educational software to 3-D virtual worlds for… Continue Reading
Roundup: HP courts EDS, YouTube dominates videos, Apple signs up HBO
Here’s the latest action:
Hewlett-Packard confirmed today that it is in advanced talks to buy EDS — It wants to acquire the data center outsourcing service company for $12 billion to $13 billion, well above the company’s current value of $9.5 billion, according to the Wall Street… Continue Reading