Jun 13, 2019

Fortnite developer acquires video chat app Houseparty

Photo: Lionel Bonaventure/AFP/Getty Images

Epic Games, the North Carolina-based maker of Fortnite, has acquired group video chat app Houseparty for an undisclosed amount.

Why it matters: This reflects how group interaction has become as integral to digital gaming as the games themselves, serving as an alternative to traditional social media.

  • ROI: Houseparty had raised around $70 million from firms like Aleph, Greylock, Sequoia Capital, UTA Ventures and Comcast Ventures.

The bottom line: "While Fortnite does have an in-game voice chat function, many players opt to use independent group chat programs to communicate with fellow gamers. The group chat networks, like Houseparty and Discord, have the added benefit of existing outside of the game as social media platforms." — Rebecca Aydin, Business Insider

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Trump to install loyalist Ric Grenell as acting intelligence chief

Photo: Sylvain Gaboury/Patrick McMullan via Getty Images

President Trump confirmed in a tweet Wednesday night that he will install Richard Grenell, the current U.S. ambassador to Germany and a staunch defender of the president, as the acting director of national intelligence.

Why it matters: The role, which was originally vacated by Dan Coats in August 2019, is one of grave responsibility. As acting DNI, Grenell will be charged with overseeing and integrating the U.S. intelligence community and will advise the president and the National Security Council on intelligence matters that concern national security.

Go deeperArrowUpdated 4 mins ago - Politics & Policy

What to watch in the Nevada debate

Photo Illustration: Eniola Odetunde/Axios. Photos: Cengiz Yardages and Mario Tama/Getty Images

Michael Bloomberg's wealth will fuel rather than shield him from tests and attacks when he makes his Democratic primary debate debut on the stage tonight in Las Vegas.

The state of play: Bernie Sanders is still the front-runner. So the other candidates must weigh which of the two presents a bigger threat to their viability: Sanders, with his combined delegate, polling and grassroots momentum? Or Bloomberg, with his bottomless budget?

Go deeperArrowUpdated 10 mins ago - Politics & Policy

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