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XPeng’s G6 SUV aims to be a premium EV for the masses

Chinese electric vehicle maker XPeng debuted its G6 coupe SUV, the fifth car in its lineup, at Auto Shanghai Tuesday. The company is marketing the G6 vehicle as a premium EV but without the premium price tag. It’s got a

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Sega to acquire Angry Birds-maker Rovio for $775M

Japanese gaming giant Sega has confirmed that it’s buying Finland’s Rovio in an all-cash deal worth €706 million ($775 million). News first emerged back in January that Israeli mobile gaming company Playtika had tabled a €750 million ($810 million) bid

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James Murdoch’s fund slashes investment in Reliance-backed Viacom18

James Murdoch’s venture fund Bodhi Tree slashed its planned investment into Viacom18 to $528 million, down 70% from the committed $1.78 billion, the two said late Thursday as the global weakening economy hammers investors’ appetite. Viacom18, a joint venture between

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Snap signs new music licensing deals to expand its Sounds library

Snap has signed a deal with multiple music labels to expand its Sounds library, the social app’s product that lets people use song clips in Snaps and Stories. The company said participating labels include US-based UnitedMasters, Netherlands-based BUMA/STEMRA, and SUISA