US video game industry scored $43.4 billion record sales in 2018

San Francisco: From “Fortnite” to “Pokemon Go,” play in the US drove video-game industry revenue to a record-setting $43.4 billion last year, according to data released Tuesday. Spending on games in the US in 2018 climbed 18 per cent from the previous year, according to figures from the Entertainment Software Association (ESA) and market tracker […]

Al Waleed’s Kingdom backs Uber merger talks with Careem

Dubai: Kingdom Holding Co., one of Careem Networks FZ’s biggest backers, supports a potential merger between the Middle East ride-hailing firm and Uber Technologies Inc., according to the head of Prince Al Waleed Bin Talal’s investment firm. “We don’t interfere nor are we party to the discussions, and if it ever happens I think we […]