Tech Brew Ride Home Tue. 02/01 – Destiny And Wordle Get Acquired
Feb 1, 2022
Sony has acquired Bungie for $3.6 billion, shaking up the gaming landscape while promising creative independence. Meanwhile, The New York Times has snapped up Wordle, raising eyebrows about its future accessibility. Controversial tweets cost the CEO of Bolt his position, illustrating the perils of social media in the tech industry. Tesla’s latest software update means drivers can’t roll through stop signs anymore. And Pinterest introduces a game-changing augmented reality feature for home decor shopping!
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Gaming Consolidation
- Gaming industry consolidation is a major story of 2022, with Sony's acquisition of Bungie following Microsoft's Activision Blizzard purchase.
- This highlights a trend towards platform holders acquiring studios with successful live-service games like Destiny, similar to Microsoft owning Minecraft and Epic owning Fortnite.
Sony's Strategy
- Sony's acquisition of Bungie is not primarily about exclusivity but about building expansive new worlds within the gaming landscape.
- This strategy reflects a shift towards platform-agnostic live-service games and the growing metaverse trend.
Wordle Acquisition
- The New York Times acquired Wordle, a popular word game, for a low seven-figure sum.
- The creator, Josh Wardle, sold it due to the overwhelming task of managing the game's growth single-handedly.