Everyone’s favourite line of plastic construction toys is making a major investment in the metaverse
Sony and Kirkbi are investing $2 billion in Fortnite maker Epic Games.
Sony will inject $1 billion in the company and the family owned investment company behind Lego, will invest an equal amount.
If this massive deal closes, it would value Epic at over $31 billion dollars
This all comes after Epic and Lego announced plans to make a “family-friendly” metaverse for kids.
Lego already has a successful line of video games based on popular family friendly franchises, like Disney’s Star Wars and Warner Bros.′ Batman.
Epic Games is a video game powerhouse and CEO Tim Sweeney says the fresh funds would help the company “accelerate our work to build the metaverse.”
‘Sorry’ – Optus hacker releases statement changing demands
Australian telecommunications company Optus has been the victim of a hack, with the hacker now backflipping on releasing 10,000 customer records.
The hacker initially demanded one million dollars, or else a tranche of 10,000 records will be released every day over the coming four days.
But within hours the decision was changed.
“Sorry too 10,200 Australian whos data was leaked. Australia will see no gain in fraud, this can be monitored. Maybe for 10,200 Australian but rest of population no. Very sorry to you. Deepest apology to Optus for this. Hope all goes well from this,” the alleged Optus hacker posted to a forum.
The records that have been released so far include names, addresses, email addresses, dates of birth, and gender.
Optus is urging customers to change their passwords and is working with law enforcement to investigate the incident.
A total of 9.8m current and former customers have been impacted by the breach, which the government says is a major corporate failure.
Optus is working with law enforcement and has advised affected customers to change their passwords and online security questions.
This is a developing story and more information will be released as it becomes available.
Apple’s big shift away from China
Apple’s big shift away from China will see the iPhone 14 manufactured in India
APPLE’S BIG SHIFT – In a move that is sure to please Indian officials, Apple has begun manufacturing the iPhone 14 in India.
“The new iPhone 14 lineup introduces groundbreaking new technologies and important safety capabilities. We’re excited to be manufacturing iPhone 14 in India,” the company said in a statement.
It marks a big shift in Apple’s manufacturing strategy, with most of its products produced in China up until now.
Apple’s decision to move some of its production to India is likely due to the ongoing trade tensions between the U.S. and China.
For years, Apple has relied on Chinese factories to assemble its products. But current tensions have made it difficult for Apple to source parts from the nation.
Experts say India is an attractive option for Apple because it has a large population of potential customers. Their labour laws are also more relaxed than those in China.
In saying this, wage growth in India is outpacing that of China. This could eat into Apple’s profits.
India is the world’s second-largest smartphone market and Apple currently has just a 3.8 per cent market share. Low cost competitors including Samsung and Xiaomi are continuing to reign supreme.
In research by JPMorgan, experts suggest Apple to move 5 per cent of its iPhone 14 production from late 2022 to India. From 2025, the tech company is expected to produce one in four of its devices, including iPads and watches, outside China.
The best airlines to fly ECONOMY in 2023
There’s always so much attention on the pointy end of the plane – business and first class. But for most, the decision of which airline to fly comes down to the most comfortable economy seat.
Here are our picks for the best airlines to fly economy in.
JetBlue is an American low-cost carrier that is headquartered in New York City. The airline was founded in 1999 and operates over 1,000 flights per day to more than 100 destinations in the United States, Caribbean, and Latin America. JetBlue is known for its low fares, friendly service, and comfortable seats.
The airline plans to increase its focus on domestic operations in 2019 with the launch of a new loyalty program and the addition of new routes from New York City and Boston.
2. Southwest Airlines
Southwest Airlines is an American low-cost carrier that is headquartered in Dallas, Texas. The airline was founded in 1971 and operates over 4,000 flights per day to more than 100 destinations in the United States and 10 other countries. Southwest is known for its low fares, friendly service, and frequent flyer program.
As of 2018, JetBlue serves 101 cities in the U.S., Mexico, the Caribbean, Central America, and South America. The airline plans to increase its focus on domestic operations in 2019 with the launch of a new loyalty program and the addition of new routes from New York City and Boston.
3. Spirit Airlines
Spirit Airlines is an American low-cost carrier that is headquartered in Miramar, Florida. The airline was founded in 1980 and operates over 600 flights per day to more than 60 destinations in the United States, Caribbean, and Latin America. Spirit is known for its ultra-low fares, fee-based services, and often controversial marketing campaigns.
In recent years, the airline has also made a push to appeal to more business travelers, with an expanded network of flights to major cities. As it looks to the future, Spirit is hoping to continue to grow its market share and become a major player in the airline industry.
4. Allegiant Air
Allegiant Air is an American low-cost carrier that is headquartered in Las Vegas, Nevada. The airline was founded in 1997 and operates over 400 flights per day to more than 120 destinations in the United States. Allegiant is known for its low fares, focus on leisure travel, and unique business model.
In addition to its scheduled services, Allegiant Air also offers charter flights and vacation packages. The airline is known for its low fares and friendly customer service.
5. Frontier Airlines
Frontier Airlines is an American low-cost carrier that is headquartered in Denver, Colorado. The airline was founded in 1994 and operates over 1,000 flights per day to more than 90 destinations in the United States, Mexico, and Costa Rica. Frontier is known for its low fares, “unbundled” pricing structure, and animal mascot
In addition to its domestic operations, Frontier also offers flights to Mexico, Costa Rica, and Jamaica. With its growing fleet of Boeing and Airbus aircraft, Frontier is well-positioned to continue its expansion in the years ahead.
World’s top chess player takes aim at his biggest rival
How a fake Uber driver targeted young women on a night out
Shinzo Abe farewelled at a controversial state funeral
Crypto.com accidentally transfers $10.5m to woman instead of $100
What is happening between SHIB and Vitalik? | TICKER VIEWS
Russia has cancelled itself. But the world should beware of poking the Russian bear￼
Business1 day ago
Forget the best, these are the coolest airlines to fly right now
World2 days ago
Super Typhoon Noru smashes into the Philippines
Business24 hours ago
Get back to the office! GM’s threat to workers
Business2 days ago
What is causing the crypto market crash?
Business3 days ago
Crypto whales exchange $10 million in Shiba coins
Business2 days ago
Top 5 destinations for “revenge travel” in 2023
Business1 day ago
Gambling hub Macau set for major tourism boost
Business9 hours ago
The best airlines to fly ECONOMY in 2023