GAMING INVESTMENT
EU to make addictive app features easier to switch off
The European Union will on Wednesday unveil new rules to crack down on influencer marketing, ban online features that trick Europeans and force platforms to give users the right to turn off "addictive" features.
How China gets the Nvidia chips it needs to develop AI
Nvidia's dominance in the global AI chip market has come under scrutiny as US export restrictions fail to fully prevent China from accessing advanced processors. Chinese firms are reportedly obtaining Nvidia chips through smuggling and overseas data centres, while domestic players such as Huawei race to develop competitive alternatives.
Dubai changes visa rules in 2026, expands visa-on-arrival access and relaxes property visa criteria
Dubai has introduced several visa changes in 2026 that could affect Indian travellers, property owners, foreign professionals and long-term residents. The UAE has introduced new specialist visit visa categories and linked Dubai residence visa transactions with outstanding traffic fines. The proposed GCC unified tourist visa is also awaiting implementation.
Jessie Bates put $150,000 into SpaceX before it went public; the stake could now be worth 10 times that, and he’s cashing out
Jessie Bates III invested $150,000 in SpaceX during its Series J funding round in 2022. The investment grew significantly after SpaceX's IPO, which valued the company at $1.77 trillion. Bates expressed that he wished he had invested more after witnessing the company's growth trajectory. His financial strategy includes various technological investments and aims for long-term wealth creation. Bates also promotes financial literacy and community support through his foundation and initiatives.
Prominent finance and technology figures comment on Nvidia's probe into CEO Jensen Huang
Nvidia's board is looking into CEO Jensen Huang due to concerns regarding his relationship with a Chinese businesswoman. Analysts express uncertainty about Huang's future as CEO and its impact on Nvidia's stock. The investigation could lead to delayed decisions on investments and product launches in the semiconductor industry. Prominent figures in finance and technology are reacting to this ongoing situation.
Nvidia board probes whether CEO Jensen Huang was targeted in Chinese intelligence operation
Nvidia's board has launched an independent investigation into allegations that CEO Jensen Huang may have been targeted by a Chinese intelligence operation through former Megaspeed executive Alice Huang. The probe will assess potential exposure of confidential information and national security risks amid escalating US-China technology tensions. Nvidia says it has found no evidence of compromised secrets.
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Explained: Why Nvidia shares dropped 4% in overnight trade and what analysts warn can trigger a bloodbath?
Nvidia shares dropped over 4% after CEO Jensen Huang acknowledged an affair with Alice Huang. Jensen Huang's relationship with Alice, a Chinese national, raised security concerns following intelligence reports. Nvidia has initiated an investigation into these allegations, although the board believes no secrets were compromised. Analysts suggest the company's upcoming earnings report will be crucial for market sentiment. Concerns linger over Huang's position if further evidence of wrongdoing emerges.
Playing teenpatti this Diwali? Why Warren Buffett played bridge while Charlie Munger played poker
As families gather for teenpatti this Diwali, legendary investors Warren Buffett and Charlie Munger credited card games like bridge and poker for sharpening their strategic thinking. While Buffett found mental stimulation in bridge, Munger learned how to leverage market edges through army poker games.
'Enjoy the moment': The German clubs limiting smartphones in stadiums
Borussia Dortmund introduced a scheme rewarding fans for not using smartphones during matches. The initiative aims to preserve the unique atmosphere of the stadium experience. Supporters earn points through the Dortmund app, which can lead to prizes like signed jerseys. Other clubs, including Hertha Berlin and Dynamo Dresden, are implementing similar restrictions to maintain matchday enjoyment. The policy has received positive feedback and coincided with Dortmund's winning streak.
ETtech Deals Digest: Eloelo leads as weekly funding rises to $142 million, down 35% on-year
Eloelo led deal activity with $80 million, followed by Peppermint Robotics at $10.6 million, altM at $10.3 million, Two Point O Capital at $10 million, and PowerUp Money at $10 million. Crane Venture Partners was among the most active investors, backing Peppermint Robotics and Armatrix. Omnivore invested in altM and Two Point O Capital, while Flourish Ventures backed PowerUp Money.
DLF to invest Rs 3,750 crore for majority stake in JV with Everstone for IREO assets
DLF plans to invest Rs 3,750 crore to obtain a majority stake in a partnership with EverstoneGroup. The joint venture will focus on IREO Private Limited and other entities within the IREO group in India. It aims to acquire at least a 20% stake in the IREO India companies to secure governance rights. This transaction remains subject to regulatory approvals and is expected to conclude by 2027.
Cristiano Ronaldo International Retirement: Will he also retire from professional club football?
Cristiano Ronaldo has announced on Thursday that the soccer player is retiring from international football. He is leaving behind an impressive career with Portugal. He has had a record number of appearances and goals. The 41-year-old star has had an incredible career. He has won five Ballon d’Or awards. The footballer has a rags to the riches story.
EAM Jaishankar discusses economic partnership, CETA with UK’s Burnham on CHOGM sidelines
S Jaishankar met UK Prime Minister Andy Burnham in Antigua and Barbuda for CHOGM 2026 discussions. They focused on strengthening economic partnerships under the Comprehensive Economic and Trade Agreement. Jaishankar emphasized the importance of digital solutions and climate initiatives during a Commonwealth meeting. He highlighted local distribution networks and the role of the Indian business community in fostering connections.
Palmer Luckey left Facebook at 24, later invested $1 billion in Ohio Factory; his defence company is now valued at nearly $61 billion
Palmer Luckey's journey began with Oculus VR, but his vision now lies with Anduril Industries, where he's spearheading the establishment of Arsenal-1, a state-of-the-art factory aimed at revolutionising defence technology. Set to manufacture autonomous military systems, this $1 billion project will create over 4,000 jobs across a sprawling five million square feet, with the Fury combat aircraft production launching ahead of schedule in March 2026.
Story TV parent Eloelo raises $80 million from Hornbill, NBCUniversal
The funding follows a surge in Story TV’s business, which has helped lift annualised collections more than tenfold to around $250 million over the past year, according to people familiar with the company. Eloelo said Story TV offers over 5,000 dramas in six languages, while its apps have more than 40 million monthly active users.
No IIT, no NIT: Mahesh Babu invests in Mumbai's PC and console gaming company. Who are co-founders Jeet Chandan and Vidhit Mehta?
Mahesh Babu has joined Mumbai-based Shortgun Games as a strategic investor. Founded by Jeet Chandan and Vidhit Mehta, the studio is developing Project Takedown, an action-adventure game set in a futuristic Mumbai. The founders studied at Jain International Residential School and Anil Surendra Modi School of Commerce, respectively, and target a 2028 release.
Premji's deeptech bets; Razorpay gets IPO nod
Happy Thursday! Premji Invest is stepping up its bets on defence and aerospace manufacturing.This and more in today’s ETtech Morning Dispatch.
Rap the app & knock on Nasdaq's door
Indian retail investors can now step into the US stock market using various innovative online platforms. Investment apps like Groww and Zerodha are making it easier for small traders to explore overseas equity opportunities. While the lower entry thresholds encourage wider participation, investors must keep in mind the potential tax ramifications and compliance challenges. Direct investments may offer more control, but they typically bring a complex tax filing process.
Sachin Tendulkar takes significant minority stake in Hitwicket maker Metasports Interactive
Sachin Tendulkar has acquired a minority stake in Metasports Interactive, the company behind Hitwicket. He will serve as the brand ambassador and a playable character in the game. Metasports aims for 100 million downloads in three years as it has 20 million currently. The game revenue has doubled in the past six months, with most revenue from in-app purchases.
Indians refuse to cash in on gold in their lockers hoping for a better price
India’s gold demand is expected to fall to a six-year low of around 650 tonnes in 2026 as record prices, rising living costs and a weak monsoon weigh on jewellery purchases and investment, according to the World Gold Council (WGC).
India's gold bar game is next only to China despite 40% investment plunge
India’s gold investment demand rose 12% quarter-on-quarter to around 60 tonnes in the September quarter, although it remained below year-ago levels as easing price momentum and higher import duties weighed on buying, the World Gold Council said.
Krafton steps up India bets to build next global gaming franchise beyond PUBG
Krafton Inc. is actively investing in India's gaming industry to fuel its growth and develop new titles. The company aims to expand beyond its successful PUBG franchise, which has achieved immense popularity in India. With plans to acquire another studio, Krafton seeks to leverage India's talent pool and expertise in software development. The Bangalore team is expected to grow significantly, aided by advancements in artificial intelligence.
Mahesh Babu picks up stake in gaming startup Shortgun Games
The startup, founded by Jeet Chandan and Vidhit Mehta, is developing its flagship title, Project Takedown, a 10-15-hour action-adventure game set in a near-future Mumbai. The game, designed exclusively for PC and modern console platforms, including PlayStation 5 and Xbox Series X|S, is primarily targeted towards international audiences, including the US, Europe and Japan. The founders expect the game to launch by 2028-end.
Australia's Glenn Maxwell announces retirement from international cricket after 14-year career
Glenn Maxwell has announced his retirement from international cricket and domestic competitions for Victoria. After a remarkable career lasting 14 years, he concluded his last match against Oman during the ICC T20 World Cup. Maxwell's international achievements include two ODI World Cups and a T20 World Cup title. He accumulated nearly 4,000 runs in ODIs and 2,900 runs in T20Is, along with 10 centuries.
High-yield US stocks: 10 companies offering dividend yields of up to 16.65%
Ten US-listed companies with market capitalisations above $5 billion offer dividend yields ranging from 7.16% to 16.65%. AGNC Investment and Annaly lead, while Western Midstream, MPLX and Main Street Capital delivered positive five-year share-price returns.
Nugraj Developers raises Rs 50 crore from Capri Global for Haryana project expansion
Nugraj Developers has raised Rs 50 crore in growth capital from Capri Global to expand real estate projects. This funding will support ongoing and upcoming development initiatives in Kharkhoda and Sonipat regions. The area is experiencing increasing demand for residential plotted development due to improved connectivity and industrial growth. The Namo Bharat connectivity is expected to enhance regional travel and shift land usage toward residential projects.
Lionel Messi’s playbook for investors: Heavy lifting, patience, planning, consistency, and teamwork
A young Messi relied on explosive speed and amazing dribbling to beat defenders. As he grew older, he used experience, positioning and passing to influence matches. He remained exceptional because he adapted. Investors must adopt a similar transition.
LeBron James shines with vintage performance in 76ers victory over Knicks, tying Karim Abdul-Jabbar record
LeBron James delivered an outstanding performance for the Philadelphia 76ers against the New York Knicks. He contributed significantly in a close game, scoring key points and helping seal the victory. Despite Joel Embiid's struggles, Tyrese Maxey’s strong play complemented James perfectly, showcasing the team's depth. The Sixers continue their successful season with impressive early wins, including victories against last year's champions.
Good intentions, unintended consequences: The cost of regulation
Regulation is vital for protecting consumers and building trust, but unpredictable or poorly calibrated policy changes can disrupt business economics, valuations and investment.
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