At this year’s E3 convention, Microsoft’s Xbox announced its acquisition of 4 game development studios and the formation of a first-party game studio, The Initiative. The briefing was Twitch’s highest-watched live stream ever.
Microsoft has acquired a total of 5 gaming companies this year — as many as it has acquired across the last 9 years.
We take a look at Microsoft’s acquisition strategy and what the company has said about gaming on earnings calls. Check it out.
The one constant since my dad’s death has been this newsletter.
I didn’t miss a single day.
So I wanted to also say thank you for reading, for the kind words, and for the terrible data visualizations you send.
It has been incredibly helpful.
Live from New York, it’s Future of Fintech
Future of Fintech is here! With speakers from Bank of America, Nasdaq, FDIC, SoFi, Ripple, and much more, you won’t want to miss a minute of the action.
So if you can’t make it to any of the sessions — which start tomorrow — don’t worry. You can catch them all on the Future of Fintech livestream.
Dolla dolla bills
Last month, Amazon Cash extended its partnership with Coinstar to allow customers to deposit spare change at Coinstar kiosks and cash out with the Amazon Cash app.
Amazon hasn’t said how many customers are using Amazon Cash, but with 33.5M US households underbanked or unbanked and 190M citizens in India unbanked, the market opportunity is large at home and abroad.