SpaceX test fires Starship engine; Snap launches gaming platform; Jam City buys 231 Play
The Business Journal reports Culver City-based mobile game developer Jam City Inc. acquired Berlin-based game studio 231 Play for an undisclosed sum. Jam City has been expanding since raising $145 million for growth in January 2018, and this acquisition establishes its eighth studio.
Santa Monica-based Snap Inc. is adding a gaming feature to its Snapchat app, a bid to unlock a new revenue stream. Beginning today, Snapchat users will have access to five games that will bring in revenue through in-game ads. Techcrunch reports the gaming platform was announced at Snap’s first “Partner Summit” event held April 4.
SpaceX’s Starship test vehicle successfully fired its onboard engine for the first time April 4, according to The Verge. The Starship test vehicle remained on Earth during the launch, which was designed to be an assessment of basic technical functions. The test vehicle is a smaller version of a planned Starship passenger spacecraft that SpaceX Chief Executive Elon Musk hopes to use to take people to Mars and the Moon. When it’s finished, the vehicle will be able to launch roughly 220,000 pounds into low earth orbit.
Tech reporter Samson Amore can be reached at firstname.lastname@example.org or (323) 556-8335. Follow him on Twitter @samsonamore.
For reprint and licensing requests for this article, CLICK HERE.
Stories You May Also Be Interested In
- Silicon Beach Report March 18: Lime Expanding LA Footprint
- Silicon Beach Report June 7: SpaceX Preps For $1 Billion Satellite Launch
- Silicon Beach Report March 19: Backstage Capital Backtracks
- Silicon Beach Report Aug. 14: Snapchat Gives Creators AR Power
- Silicon Beach Report April 22: ZipRecruiter Executive Resigns Amid Misconduct Allegations
- Silicon Beach Report April 5: GumGum Sinks Teeth Into New Dental Venture
- Silicon Beach Report July 23: Snapchat Shutters SnapCash
- Silicon Beach Report June 29: Bird Raises $300 Million