Krafton has more in store for its battle royale shooting game PUBG, its biggest mobile title, according to Goldman Sachs.
The South Korean firm is plotting “incremental updates” to its strategy to sustain and expand PUBG, Goldman Sachs said in a note Wednesday seen by TechCrunch.
Major graphics upgrade is also in the works, Goldman Sachs said, adding that Krafton plans to use Unreal Engine 5 for a PUBG 2.0 revamp.
The current version of PUBG uses a customized version of Unreal Engine 4.
Epic Game’s latest iteration of the ubiquitous Unreal Engine offers developers significant advancements in achieving heightened realism and immersion at reduced performance costs.
Chronosphere, a startup that offers a cloud native observability platform, today announced that it has acquired Calyptia.
“With observability data growing by orders of magnitude, companies are ill-equipped to manage the costs and scale of this deluge, forcing their teams to make trade-offs.
Teams are especially challenged to handle log data which is prohibitively expensive to move and store,” said Martin Mao, CEO and co-founder of Chronosphere.
Chronosphere also notes that it will continue Calyptia’s engagement with the open source Fluent Ecosystem.
“Calyptia joining the Chronosphere team is excellent news for everyone who is invested in the future of open source cloud native technology,” said Chris Aniszczyk, CTO of the Cloud Native Computing Foundation.
Black founders in the UK are also seeing the impact of venture’s winter year.
That would put 2023 behind 2022, when such founders raised 1.02% ($316 million of $30.88 billion), and 2021, when Black founders were allocated 1.13% ($454 million out of $40.03 billion) of all venture investment in the country.
The downward trend in the share of investment allocated to Black founders most likely stems from the venture downturn of these past two years.
For example, Black founders in the U.K. raised only 0.28% of venture funds in 2019, 0.23% in 2018, and 0.38% in 2017.
Per Extend Ventures, between 2009 and 2019, only 38 Black founders were able to raise venture funding at all in the country; that number now stands at 80.
