Roundup: Yahoo cuts data retention, Sprint pushing WiMax and more
Here’s the latest action:
Yahoo cuts data retention to 90 days — The search company’s new policy will likely push Google and Microsoft toward similar reductions in the amount of time they keep user data.
Sprint plans first WiMax device for Dec. 21 — The first device that will… Continue Reading
Investors pour $161 million into 16 virtual worlds in second quarter
Google blessed the virtual world market with its own entry yesterday. But it is hardly alone. Investors poured $161 million in 16 virtual world companies in the second quarter, according to Virtual Worlds Management.
The investments help put the launch of Lively by Google into perspective…. Continue Reading
Turbine confirms $40 million raised for online games
Online games powerhouse Turbine confirmed that it has raised $40 million, though the actual investors are different from what was previously rumored.
Time Warner and GGV Capital led the round along with existing investors Highland Capital Partners, Polaris Venture Partners, Tudor Ventures and Columbia Capital. The… Continue Reading
Turbine picks up $40 million, keeps mum about its next steps
Jim Crowley, the CEO of Turbine, isn’t an easy man to get a straight answer from. I heard that his company, which makes “massively multiplayer online” games such as “The Lord of the Rings Online,” was raising a new round of venture capital about a… Continue Reading
MMO game publisher Turbine raising $40M; former CEO launches Play Hard Sports
Turbine, a game publisher that makes massively-multiplayer online games but may soon be enacting a major strategic shift, is in the process of taking $40 million in new funding led by Granite Global Ventures, according to Dan Primack.
While its Lords of the Ring Online: Shadows… Continue Reading