Seven months into the year, videogame deals totaled $25.1 billion, eclipsing the previous full-year record of $14.9 billion in 2014, according to Digi-Capital LLC. Of the deals, 88% have been for mobile-game makers, including three acquisitions totaling $18.9 billion. (WSJ)
Every major cable TV company lost subscribers last quarter
Top pay-TV operators lost 665,000 subscribers in Q2 2016. (Arstechnica)
Uber’s route to the driverless future just got a little clearer. In the next few weeks, Uber will begin deploying a 100-car test fleet of autonomous Volvos in Pittsburgh (beating Google to the consumer market in the process). (Recode)
Uber paid $680 million for self-driving truck company Otto for the tech, not the trucks (Recode)
Uber and Volvo commit $300 million to developing autonomous cars together (Recode)
Rakuten buys struggling bitcoin startup Bitnet to create a ‘blockchain research lab (TechCrunch)
Tencent, the owner of popular social messaging app WeChat, overtook e-commerce giant Alibaba to become China’s most valuable technology company on Thursday. (cnbc) (2016 Q2 Results pdf)
New lithium metal batteries could make smartphones, drones, and electric cars last twice as long. (MIT)