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    Xbox Live Gold was always going to drop the free-to-play paywall this year

    On Friday morning, Microsoft announced it was increasing the price of its Xbox Live Gold subscription service. By Friday evening, it reversed that decision and then some. In an update to its news post about the price change, the company explained that it had “messed up.” And according to sources familiar with the matter, Xbox leadership came to that conclusion quickly after a loud public outcry from gamers — but also from feedback within other Xbox teams. Going forward, new and existing Xbox Live Gold subscribers can join the service for the current price. That means $10 per … Read More

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    SoftBank-backed travel platform Klook raises $200M amid COVID-19 – TechCrunch

    Klook, the Hong Kong-based travel activities platform backed by SoftBank Vision Fund, announced the closure of $200 million in funding for its Series E round, lifting the startup’s total capital raised to date to $720 million. Aspex Management, an investment fund focused on Asia Pacific led the round, alongside existing backers Sequoia Capital China, Softbank Vision Fund 1, Matrix Partners China, Boyu Capital, as well as a handful of new investors. Securing sizable funding at a time the COVID-19 pandemic sacks the global economy is congratulatory, not to mention Klook is in an industry severely hit by the virus. The … Read More

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