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Daily Tech News Show

China's Game Streaming Leaders Announce Merger - DTH

Daily Tech News Show

Tom Merritt

News, Technology

4.81.5K Ratings

🗓️ 12 October 2020

⏱️ 8 minutes

🧾️ Download transcript

Summary

The two largest game streaming companies announce a merger that will give the new company up to 300 million monthly active users, Amazon's Crucible game is officially cancelled, and Apple is using its retail stores as distribution centers.

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Transcript

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0:00.0

A tech demo shows off the usual tech things.

0:03.7

Then I'm going to jump to a link using the usual tech devices.

0:07.0

We have a pointing device called a mouse.

0:09.0

Doing the usual tech productivity tasks.

0:11.4

Now we're connected audio. You can see my work, you can point at it, and I can see

0:15.7

your face and we can talk. Except it's 1968 and it's going to set the computing agenda for the

0:20.5

next half century, then almost immediately be ignored.

0:24.4

The mother of all demos on NOAA Little More.

0:27.6

Get it wherever you get your podcasts. Here at KFC, we don't just believe in delicious chicken. We believe that every young person who wants a job should be able to get one.

0:38.0

Because of circumstances beyond their control, there are thousands of young people across the UK without the opportunity, support or key skills

0:44.3

needed to secure employment. And that's why we launched Hatch, an eight-week youth employability

0:49.1

program in partnership with UK youth. By providing one-to-one training, support and work experience for young people,

0:54.7

we want to ensure every young person has a fair shot at a first job.

0:58.1

To find out how KFC continues to open its doors to young people, search KFC Hatch. These are the Daily Tech headlines for Monday, October 12, 2020.

1:11.4

I'm Rich Trappolino. China's two largest game streaming companies,

1:15.8

Huyah and Do Yu, announced plans to merge. CEOs of both companies will become co-ceeos post-merger.

1:22.1

The deal was initiated by Tencent who will sell its Penguin

1:25.2

E-sports live streaming business to the newly merged company for 500 million dollars after the deal closes.

1:30.8

If approved by regulators, the deal is expected to close in the first half of

1:33.8

2021, with a company having over 300 million monthly active users and up to 80% of

1:39.2

the Chinese market.

1:41.5

Amazon's relentless studios announce that it's free-to-play multiplayer game

...

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