High Court grants Hyflux six-month reprieve from creditors
SINGAPORE: Water treatment firm Hyflux's application for an extended six-month moratorium has been given the green light by the High Court on Tuesday (Jun 19), as the company said it is in preliminary talks with more than 20 interested parties for rescue financing of up to S$200 million.
Epic shook up the payment model for its Unreal Engine Marketplace yesterday when it revealed it will now payout 88 percent of every sale to creators. This reduced Epic’s cut from 30 percent to 12 percent, and the company noted that it would still earn a profit from that — oh, and Fortnite is doing […]
Augmented reality (AR) may not be a new medium, but with the rise of powerful mobile devices, it could be on the cusp of breaking into the mainstream. We reported yesterday that in the first six months of 2018 the number of AR startups grew by 50 percent, while the big tech firms continue to […]