Web design news

• Riddled with debt, Sweden’s Embracer sells Star Wars game maker for $500M

  15-03-2024 15:38 via thenextweb.com
  
  Swedish gaming company Embracer Group has sold a big chunk of one of its biggest subsidiaries, US-headquartered Saber Interactive, in a deal totalling $500mn.  The buyer is Beacon Interactive, a holding company recently formed by none other than Saber’s own co-founder Matthew Karch. In a letter shared with Bloomberg, Karch said he was buying back the rights to his company and many of its studios because “they represent the best of what Saber is and can be.”  Saber In
  
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• ASML backs €110M Dutch deeptech fund for quantum, semiconductors

  15-03-2024 15:06 via thenextweb.com
  
  The pride and joy of the Dutch tech ecosystem, ASML, has featured heavily in the news this past couple of weeks, after news broke the government was scrambling to keep the company in the country. However, ASML’s plans to potentially relocate due to difficulty securing talent and infrastructure bottlenecks does not mean it is not still actively supporting the Dutch tech ecosystem. The company has just contributed an undisclosed amount to Eindhoven-based DeepTechXL’s €110mn fund.
  
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• UK fusion startup trials plasma-stabilising laser for ‘holy grail’ of energy

  15-03-2024 12:27 via thenextweb.com
  
  British startup Tokamak Energy is testing a new type of laser that it says is “crucial” to stabilising fusion reactions — the same atom-fusing process that powers the Sun and promises to deliver virtually limitless, clean energy.   The Oxford-based company is building ST40, a donut-shaped machine that in 2022 became the first privately-owned fusion reactor to reach 100 million °C — six times as hot as the core of our closest star. This is generally regarded
  
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