Kyle "Bugha" Giersdorf celebrates winning Fortnite World Cup at Arthur Ashe Stadium in New York City. Photo: Eric Ananmalay/ESPAT Media/Getty Images

Kyle Giersdorf, a 16-year-old from Pennsylvania, won the solo event at the inaugural Fortnite World Cup on Sunday, taking home $3 million in the process.

Why it matters: Such prizes show there is real money to be made in the booming esports arena, but lots people on Twitter on Sunday pondered whether such winnings are overglorifying the economic prospects for playing video games.

Yes, but: Jaden Ashman, a 15-year-old from Essex, U.K., finished as the runner-up in the doubles event and says his mother once thew away his Xbox after a fight. These days, though, she's OK with him being a professional video gamer.

Between the lines: Despite the big prizes in some of the top tournaments, some analysts believe the growing industry is in the midst of a giant bubble, while others say its a budding entertainment field just in its infancy.

Go deeper: Fortnite's mobile game continues to soar

Go deeper

Ina Fried, author of Login
28 mins ago - Technology

Amazon wants to flood America with Alexa cameras and microphones

Photo: Amazon

In a Thursday event unveiling a slew of new home devices ahead of the holidays, Amazon made clearer than ever its determination to flood America with cameras, microphones and the voice of Alexa, its AI assistant.

The big picture: Updating popular products and expanding its range to car alarms and in-home drones, Amazon extended its lead in smart home devices and moved into new areas including cloud gaming and car security. The new offerings will also fuel criticism that the tech giant is helping equip a society built around surveillance.

Ben Geman, author of Generate
1 hour ago - Energy & Environment

Oil's turbulent long-term future

Illustration: Aïda Amer/Axios

The oil sector is facing risks from all sides.

Why it matters: Risk in the industry is nothing new. But these are especially turbulent and uncertain times. The industry's market clout has waned, the future of demand is kind of a mystery, and future U.S. policy is too, just to name three.

Meadows on Wray's voter fraud dismissal: "He has a hard time finding emails in his own FBI"

White House chief of staff Mark Meadows dismissed FBI Director Chris Wray's testimony that the U.S. has never historically seen evidence of widespread voter fraud, including by mail, during an appearance on "CBS This Morning" on Friday.

Why it matters: Meadows' statement highlights the Trump administration's strategy to sow doubt in November's election results by challenging the legitimacy of mail-in ballots, which are expected to skew heavily in Democrats' favor.

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