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Sources: Infinite Reality, rebranded as Napster, told staff that $3B+ in funding from an unnamed investor is not coming, calling itself a "victim of misconduct" (Forbes)

Forbes : Sources: Infinite Reality, rebranded as Napster, told staff that $3B+ in funding from an unnamed investor is not coming, calling...

25 February 2025

Baidu acquires the YY Live streaming platform from Joyy for $2.1B, completing a deal started in 2020; a previous $3.6B deal was rejected by Chinese regulators (Vlad Savov/Bloomberg)

Vlad Savov / Bloomberg:
Baidu acquires the YY Live streaming platform from Joyy for $2.1B, completing a deal started in 2020; a previous $3.6B deal was rejected by Chinese regulators  —  The operator of China's leading search engine is paying roughly $2.1 billion for YY Live, it said in a statement on Tuesday.

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