NetEase to Cut Funding for Yakuza Creator’s Studio, Impacting Debut Game ‘Gang of Dragon’

Chinese tech giant NetEase’s decision to halt funding for Nagoshi Studio, founded by Yakuza creator Toshihiro Nagoshi, jeopardizes the development of their debut game ‘Gang of Dragon.’ With $44.4 million needed to complete the project, the studio faces challenges in finding new sponsors, raising concerns about the future of the highly anticipated action-adventure game set in Tokyo.

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COPPA 2.0 passes Senate unanimously, boosting online privacy for minors

The US Senate has unanimously approved COPPA 2.0, a new legislation aimed at enhancing online protections for children and teens. The Children and Teens’ Online Privacy Protection Act seeks to prevent platforms from collecting personal data from minors without consent, addressing modern online threats like targeted advertising. The bill’s passage marks a significant step towards safeguarding young users online, with potential implications for tech giants and privacy regulations.

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Life EV acquires troubled Rad Power Bikes, pledges to manufacture in the US

Life EV has successfully acquired Rad Power Bikes, promising to continue operations in the US and build bikes domestically. The acquisition marks a fresh start for the e-bike brand after a turbulent period, including a Chapter 11 bankruptcy filing and battery fire hazards. The new owner plans to honor warranties and gift cards, while adopting a Foreign Trade Zone structure for manufacturing to streamline global parts sourcing.

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