Thursday, 4 November 2021

Netflix ventures into gaming

Play Stranger Things on your Android: Netflix has released five new games on Android app stores as the streaming giant attempts to expand its offerings with its foray into gaming. Two of the titles out now come from the successful Netflix franchise Stranger Things which quickly amassed a cult following. The games are titled Stranger Things: 1984, Stranger Things 3: The Game, Shooting Hoops, Card Blast and Teeter Up. Netflix subscribers can play the games without any additional charges. The company has said it would also develop games for iPhones, but no timeline has been specified. Bloomberg picked up the story.

China is getting a leg up in the semiconductor race as Tencent discloses that it has developed three chips, according to CNBC. Tencent — one of the world’s biggest gaming companies and the operator of WeChat — has been expanding into the cloud computing and semiconductor spaces as it aims to diversify its offerings. The first AI chip, called Zixiao, can be used for voice assistants as it can process images, video and natural language, while the company also released a video transcoding chip and a network card designed to help cloud computing processes. This comes as the world’s superpowers race to design and manufacture chips amid a global semiconductor shortage that has wreaked havoc on multiple industries and highlighted a disadvantageous dependence on a handful of chip manufacturers.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.