University of Tokyo to set up 6m fund for school-born startups

University of Tokyo to set up $536m fund for school-born startups

TOKYO — The University of Tokyo plans to start investing in startups spawned at the institution drawing from a new 60 billion yen ($536 million) fund, Nikkei has learned, as it aims to support the creation of unicorns and help Japan catch up in the global tech race. The fund is expected to become Japan’s largest university-launched […]

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Sony to sell online gaming division to US game company for  bil.

Sony to sell online gaming division to US game company for $1 bil.

Sony Group Corp. said Tuesday an online gaming division under the wing of its U.S. unit Sony Pictures Entertainment Inc. will be sold to American mobile game company Scopely Inc. for $1 billion. Sony Pictures Entertainment decided to sell GSN Games Inc., known for its free-to-play mobile and online casino games, given that the gaming […]

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