game – Techozen https://techozen.com Your Techy Guide Mon, 18 Oct 2021 20:04:24 +0000 en-GB hourly 1 https://wordpress.org/?v=6.5.2 https://techozen.com/wp-content/uploads/2023/07/cropped-favicon-Techozen-1-32x32.png game – Techozen https://techozen.com 32 32 Epic Games acquire Rocket League’s creator Psyonix https://techozen.com/epic-games-acquire-rocket-leagues-creator-psyonix/ https://techozen.com/epic-games-acquire-rocket-leagues-creator-psyonix/#respond Sat, 04 May 2019 20:29:58 +0000 https://techozen.com/?p=1146

The creator of one of the famous game “Fortnite, Epic Games announced the acquisition of developer of Rocket League, Psyonix for an undisclosed amount and will formally get over by the end of this month.

Commenting on this acquisition, Psyonix commented that it will help them to make Rocket League even better with Epic’s resources and also hinted a late 2019 arrival of the game on Epic’s PC game store.

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This is something not so shocking to the industry as both the companies have a pas of working together on few projects like Unreal Tournament 2004, Gears of War and Mass Effect 3.

But, the sad news is that Rocket League could depart from the Steam store as Epic has hinted that it will not be present on both the stores simultaneously which means that it will continue to be on Steam until it arrives on Epic store. But there is no clear word on that from both the parties and Epic wants you to know that they haven’t announced technically they will stop the distribution of game from Steam and right now don’t have any future plans for the same.

Clearing all sort of confusion, Epic Games said in a statement “ that when you can buy a copy on Steam, and the time afterward, your existing copy will still work”.

All of this looks like that user has a limited time to get it from steam before it comes to Epic’s storefront because it can be confusing and hectic for many players to get used to a new storefront but as Fortnite is already a famous game that group is going to consist a small number of people.

But, players all around the world are now expecting more something like a Fortnite and Rocket League collaboration. But, can these two games exist in the same universe or are we going to see some new additions to Fortnite or Rocket League. We don’t know as of now but who knows what Epic and Psyonix have for us in stores.

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Slack announces financial data; Claims loss of $141 Million on $400M revenue https://techozen.com/slack-announces-financial-data-claims-loss-of-141-million-on-400m-revenue/ https://techozen.com/slack-announces-financial-data-claims-loss-of-141-million-on-400m-revenue/#respond Sat, 27 Apr 2019 15:57:12 +0000 https://techozen.com/?p=962 This messaging startup has joined the listing rush for tech companies

Slack has joined the long list of tech companies in publicly listing their shares this year after the workplace messaging start-up released an offering prospectus on Friday. Slack has collected $400.6 million in revenue during the first fiscal year that ended on January 31, all this was disclosed for the first time as it shared its financial results widely for the first time. This figure when calculated is seen to be double what had been generated from the previous fiscal year. Some good news is in store however as its loss this fiscal year has fallen to $140.7 million which is lesser than the data from the previous year that shows that they lost $180.9 million.

The company was also up by almost 50% when it came to paying customers in comparison to the previous year as they ended with 88,000 paying customers. Around 40% of the revenue that the company generated was from the 575 customers who paid more than $100,000 for their subscriptions. Slack was born from a video game company and has now slowly evolved into a widely used by workers to communicate.

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A conceptual software that is supposed to be an easy alternative and eventually a to email while it allows colleagues to chat, share files and other such common tasks. Slack’s filing comes after the initial public offering of two other major startups were filed, those of Lyft and Pinterest.

However, Uber is the biggest tech public offering in recent years Uber prices its shares at a value of as much as $91 billion as predicted by a stock sale. The IPO has had very bittersweet results as the shares of Lyft sank below their IPO price after a minute spike in it the previous month.

Pinterest, the image-based social network, lucky as its stock has stayed above its offering price since its debut. Smaller startups that sell software to other businesses have performed considerably a lot better.

The shares of Zoom a video conferencing company rose by 80% on its early days of trading as a public company. PagerDuty sells software to help companies respond to complaints and other incidents, experienced a shoot of 80 percent. Investors love the predictable revenue of tech companies. Based on that they bet on the company that they will continue to increase their spending on these wares. Slack seeks to get benefit from this trend.

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