Konami’s Silent Hill 2 remake for PC and PlayStation 5 isn’t the only reimagining of the classic 2001 game on the horizon: The company just announced that the story is also being adapted into a new major motion picture. Return to Silent Hill will apparently serve as a direct sequel to the original 2006 adaptation,… Continue reading ‘Return to Silent Hill’ will bring Konami’s horror franchise back to movie theaters
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The Silent Hill universe is expanding with three vastly different games
Silent Hill fans, hold onto your butts. Konami today dropped a ton of news about the future of its iconic horror franchise, and aside from confirming a long-rumored remake of Silent Hill 2, the studio revealed three new games in the same universe: Silent Hill Townfall, Ascension and f. They all sound like incredibly different… Continue reading The Silent Hill universe is expanding with three vastly different games
Tesla’s chaotic third quarter saw profits climb but revenue falter
Tesla faced increasing transportation costs paired with “raw material cost inflation,” continued component shortages and a strengthening dollar in Q3, all of which which ate into its quarterly revenue ($21.45 billion vs $21.96 billion expected). Yet the EV automaker still managed to set production records at each of its factories. According to the company’s quarterly… Continue reading Tesla’s chaotic third quarter saw profits climb but revenue falter
Amazon Prime Video will stream NFL Black Friday games starting in 2023
Amazon doesn’t want to limit itself to streaming football games on Thursday nights. The internet giant has struck a deal with the NFL for Prime Video to livestream a yearly match on Black Friday, the day after American Thanksgiving. The first game airs November 24th, 2023 at about 3PM Eastern, with the teams to be… Continue reading Amazon Prime Video will stream NFL Black Friday games starting in 2023
GoTo mulls options to raise capital amid expected selloff once IPO lock-up endsThe selloff in GoTo, after the lock-up period is lifted, will increase …
Indonesia-listed tech major GoTo is said to be working on multiple options, including a convertible bond issue, private placement, and an initial public offering (IPO) in the US market, as it seeks to raise fresh capital, according to sources familiar with the matter. The need to accelerate its fundraising efforts comes as it stares at… Continue reading GoTo mulls options to raise capital amid expected selloff once IPO lock-up endsThe selloff in GoTo, after the lock-up period is lifted, will increase …
VinaCapital Ventures looks to launch second $100m fund next year
VinaCapital Ventures, the VC arm of Vietnam-based asset manager VinaCapital, plans to launch its second $100-million fund, which will focus on providing growth capital, next year. Trung Hoang, partner at VinaCapital Ventures, said during the firm’s investor conference recently that the new vehicle will look at writing cheque sizes of up to $10 million at… Continue reading VinaCapital Ventures looks to launch second $100m fund next year
Dealmaking has slowed but enough capital available to back good cos: Avendus
Despite a palpable slowdown in funding amid uncertain economic conditions, financial services group Avendus Capital is not necessarily worried. “We believe this is an opportune time to back market-leading businesses. We have a very active pipeline of interesting deals in healthcare and IT services that we are currently evaluating,” Ritesh Chandra, managing partner of Avendus… Continue reading Dealmaking has slowed but enough capital available to back good cos: Avendus
VCs, founders in Pakistan call for profitability focus amid funding slowdown
2021 was a game-changing year for the nascent Pakistani startup ecosystem, which saw a record $350 million in fundraising across 81 deals. This sum was more than what the country’s startups garnered in the previous six years combined. However, that momentum was cut short in 2022 as the global and domestic macroeconomic uncertainty, coupled with… Continue reading VCs, founders in Pakistan call for profitability focus amid funding slowdown
FMO proposes $15m investment in Cambodian MFI Amret
Dutch development bank FMO has proposed to invest another $15 million in Amret Plc, the second-largest microfinance institution (MFI) in Cambodia, according to a disclosure. If approved, the investment will be FMO’s eighth in Amret since August 2013. So far, the Dutch lender has invested a total of $117.98 million in the Cambodian MFI. It… Continue reading FMO proposes $15m investment in Cambodian MFI Amret
Tesla Q3 revenue falls short of expectations, while energy unit shows growth
Tesla Wednesday reported revenue of $21.45 billion in the third quarter, another record-setting period that still missed analysts’ expectations. Shares fell 3.5% in after-hours trading following the earnings release. Tesla’s net income for the third quarter was $3.3 billion, nearly double the $1.62 billion it earned in the same period last year. The company said… Continue reading Tesla Q3 revenue falls short of expectations, while energy unit shows growth