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Insider

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Image Credit: Insider

3 ways to invest in a company before it IPOs

  • The IPO market is picking up, offering opportunities for retail investors to invest in pre-IPO companies like Circle, CoreWeave, Chime, and Figma.
  • Retail investors can access pre-IPO markets through online brokerages like SoFi, Robinhood, and Charles Schwab, direct share programs offered by companies like Reddit, and through secondary markets and funds like ARK Venture Fund and Fundrise Innovation Fund.
  • Retail investors need to be aware of the risks associated with investing in pre-IPO companies, as early valuations can be unpredictable, and share prices may fluctuate after the company goes public.

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TorrentFreak

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Reddit Claims Anti-Piracy Subpoenas Are a “Publicity Campaign,” Seeks $55K in Fees

  • Reddit has been involved in a legal battle with filmmakers over subpoenas seeking user details related to piracy comments.
  • Filmmakers subpoenaed Reddit to obtain user comments as evidence for piracy liability lawsuits against ISPs.
  • Reddit successfully defended its users' right to anonymity, seeking $55,204.19 in attorneys' fees from the filmmakers.
  • Reddit argues that the subpoena requests were burdensome, improperly motivated, and part of an 'anti-piracy publicity campaign.'

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Dune Awakening players find a fresh dupe exploit immediately after another was patched out

  • Players in Dune: Awakening discovered a new dupe exploit shortly after a previous one was patched.
  • The new exploit allows players to duplicate and repair items, resulting in obtaining more Solaris.
  • The game has been facing other challenges beyond duping, such as connection issues and griefing methods affecting the gameplay experience.
  • Developers are addressing lingering issues from the latest patch, including inventory problems and connectivity issues, while monitoring for further improvements.

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The First Descendant offers a deep-dive into Season 3’s new characters, bosses, weapons, and systems

  • Nexon hosted a nearly five-hour livestream to outline the updates coming to The First Descendant in Season 3: Breakthrough on August 7th.
  • The Axion Plains region map in Season 3 will introduce new gameplay elements like assault ships, monsters requiring skill to defeat, map events, and field bosses.
  • Season 3 brings a new trigger module system for high-level characters, new player features like socket type assignments, and a boost event speeding players to level 40.
  • Additional updates planned include new weapons, dungeon instances, character skins, and collaborations extending until December.

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Star Citizen players try to call attention to reportedly widespread duping and cheating issues

  • Star Citizen players are raising concerns about widespread issues of duping, cheating, and hacking in the game.
  • Reports suggest a duping bug is allowing players to create multiples of items using a mobiGlas UI, with suspected bot accounts exploiting the loophole.
  • Players are also allegedly able to steal gear from living characters, and certain issues like invulnerable FPS players have been confirmed.
  • Calls for ban waves or a full wipe have surfaced, coinciding with the upcoming Foundation Festival event in Star Citizen.
  • The game, originally crowdfunded in 2012 and still in alpha, has raised over $800M but faces ongoing delays and skepticism amid loyal support.

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Monster Hunter Wilds adds new monsters and features while Steam reviews continue to tank

  • Monster Hunter Wilds released Title Update 2 with the addition of lagiacrus and Seregios monsters, balance adjustments, weapon reskinning, and upcoming events.
  • The update also brought PC performance fixes, but Steam reviews continue to be overwhelmingly negative with complaints about texture streaming, crashes, and poor optimization.
  • While Steam users express frustration, Reddit users show some positivity, praising underwater combat, improved photo mode, and skillful play while also mentioning performance issues and bugs.
  • Despite the mixed reception, the game is set to feature more monsters and events in the near future, including the Flamefete event on July 23rd and arch-tempered Uth Duna on July 30th.

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The Daily Grind: Are you an ex-raider in MMOs, and if so, what would get you back in the saddle?

  • Many MMORPG players are ex-raiders as they grow older and take on more real-life responsibilities.
  • The idea of returning to raiding in MMORPGs may linger, but time constraints and life challenges often hinder this.
  • The Daily Grind on Massively Overpowered asks ex-raiders about their thoughts on returning to raiding.

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Old School RuneScape players call out goldsellers abusing the ban system against bot-killing players

  • Old School RuneScape players are targeting goldselling bots by killing them in the Wilderness zone.
  • Players claim that the bot accounts are retaliating by abusing the report system to get legitimate players banned.
  • This action has led to accusations of a 'bot cartel' monopolizing the Wilderness and its lucrative bosses.
  • Jagex has not officially addressed the issue, leaving players concerned about the impact on the game's integrity.

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Dune Awakening’s ornithopters are being used as griefing tools again, this time against PvE players

  • Players in Dune: Awakening are using ornithopters to grief PvE players by pinning them to the ground in an arms race scenario after 'goomba stomping' was patched out.
  • Reports on Reddit describe players using ornithopters to disrupt others' gameplay in the Hagga Basin zone, preventing them from accessing resources by landing vehicles on top of them.
  • The situation has led to toxic behavior in the game's chat, with players feeling harassed and threatened by those engaging in griefing tactics.
  • While some view these accounts as anecdotal, others have shared similar experiences, calling for measures to prevent such behavior, such as disabling vehicle collision in PvE zones.

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Black Desert unveils new classes, new region, QoL, and gear and PvP updates at Heidel Ball

  • Black Desert unveiled new classes and a new region, Edania, at the Heidel Ball event.
  • The new Wukong class with quick combination attacks will be playable on PTS from July 2nd.
  • Edania, arriving on August 6th, will introduce five new bosses, new monster zones, an open PvP castle region, and a PvPvE mode.
  • Other updates include a naval node war area, a new class called the Savior, new gear additions, combat adjustments, and quality-of-life changes.

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Riot Games confirms sports betting sponsorships for its League of Legends and Valorant esports tournaments

  • Riot Games will now allow sponsorships from official sports betting services for League of Legends and Valorant esports tournaments.
  • The decision was prompted by the significant amount of money involved in esports betting, with $10.7B in global betting turnover last year.
  • Riot plans to implement strict guidelines to protect competitive integrity, including vetting sponsors and restricting sports book ads during official broadcasts.
  • Fans have expressed skepticism and concern over the new sponsorships, citing worries about the impact on esports integrity and health issues associated with betting.

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The Verge

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Image Credit: The Verge

Reddit turns 20, and it’s going big on AI

  • Reddit celebrates its 20th anniversary and is focusing on integrating AI into its platform.
  • The company has launched AI tools like Reddit Answers, which provide AI-generated summaries to user queries.
  • Reddit Answers also prominently links back to the original content on Reddit, offering transparency to users.
  • The deployment of AI tools is aimed at enhancing user experience and making information more accessible on the platform.

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Massively on the Go: Pokemon GO’s July events should keep the Go Fest party going

  • July events in Pokemon Go include raids with Swords of Justice and Cosmogs.
  • Anniversary party with shiny Gimmighoul, Eevee Classic Community Day, and more scheduled.
  • Events feature new 'mon releases, raid days, and Water Festival this month.

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Kotaku

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Image Credit: Kotaku

Beloved 27-Year-Old Gaming Site Wipes Forums, Relaunches As A Gambling Affiliate Cash-Grab

  • Adventure Gamers, a longstanding site for point-and-click games, took an unexpected turn.
  • Volunteers' fight for the adventure gaming genre turned into a gambling affiliate site.
  • Forum posts of twenty years were wiped off without prior notice, raising questions.
  • Transition from enthusiast-run to gambling promotion led to discontent among former staff.

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Chrono Odyssey confirms restrictions to limit ‘strange and uncomfortable’ player-created characters

  • Chrono Odyssey developers at Kakao's Chrono Studio were shocked by players creating 'strange and uncomfortable' characters during the recent beta test.
  • CEO Bong-gun Bae expressed disappointment at players distorting character models and confirmed 'meaningful limitations' for the next closed beta to restrict player creations.
  • While many celebrated the decision on Twitter and Reddit, some expressed concerns about potential limits affecting creativity and game immersion.
  • Bae promised ongoing improvements to Chrono Odyssey based on player feedback, indicating upcoming changes through videos, developer notes, and future announcements.

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