iZoneMedia360
  • Home
  • Tech
  • Mobile
  • Streaming
  • Gaming
  • Reviews
  • Contact us
No Result
View All Result
  • Home
  • Tech
  • Mobile
  • Streaming
  • Gaming
  • Reviews
  • Contact us
No Result
View All Result
iZoneMedia360
No Result
View All Result

Fortnite – Google Inc. (NASDAQ:GOOG), Apple Inc. (NASDAQ:AAPL) – Google Considered Buying Epic Games During Legal Battle: What Investors Should Know

Henry Romero by Henry Romero
August 7, 2021
in Fortnite
0

Fortnite – Google Inc. (NASDAQ:GOOG), Apple Inc. (NASDAQ:AAPL) – Google Considered Buying Epic Games During Legal Battle: What Investors Should Know

Video game company Epic Games is waged in a “David vs. Goliath” battle filing lawsuits against both Apple Inc (NASDAQ: AAPL) and Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) last year. The latest unsealed documents in the Google lawsuit reveal how the tech giant considered lowering the risk of a drawn-out lawsuit.

What Happened: Epic Games is suing Google over the fees it charges in the Google Play app store for downloading games such as “Fortnite Mobile.”

Unsealed documents in the court case show for the first time that Google considered buying a stake in Epic Games or acquiring the company outright.

“This was unbeknownst to us at the time, and because of the court’s protective order we’re just finding out now about Google’s consideration of buying Epic to shut down our efforts to compete with Google Play,” Epic Games CEO and founder Tim Sweeney tweeted.

The Epic Games founder said the company was not aware of negotiations and questioned if the move would have been “some sort of hostile takeover attempt.”

Related Link: Epic Games Vs. Apple Lawsuit Reveals Just How Much Money ‘Fortnite’ Has Made 

Why It’s Important: The news that Google considered buying Epic Games could strengthen the argument by the smaller video game company that Google has unfair practices.

The news of the buyout also comes as big tech companies such as Google are facing pressure over monopolistic practices from the government. 

Epic Games pushed to distribute “Fortnite” through other channels to lower the fees paid, which received pushback from Apple and Google. “Fortnite” was kicked off of mobile stores from both companies. Users can download “Fortnite Mobile” on Android devices via sideloading.

A document released calls Epic’s plans a “contagion” to Google. Epic said Google offered a “special deal” to launch “Fortnite” on the Google Play Store.

Epic Games is partially owned by Tencent Holdings ADR (OTC: TCEHY) and Sony Corp (NYSE: SONY). The gaming company was valued at over $17 billion in late 2020 when Sony invested and is now worth over $28 billion in 2021.

Photo: Courtesy Fortnite

 

 

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.



Fortnite – Google Inc. (NASDAQ:GOOG), Apple Inc. (NASDAQ:AAPL) – Google Considered Buying Epic Games During Legal Battle: What Investors Should Know

Tags: Fortnite

Mobile: iPhone, Xiaomi

More News

Henry Romero

Henry Romero

Henry covering technology and reviewing consumer products. Previously he was the Tech editor at ICO Stamp steering coverage and reviews of Tech Products. He graduated from London School with a bachelor's degree in English and journalism.

Related Posts

Fortnite

Fortnite – E-sports scholarships on line at Raleigh gamers summit

August 8, 2021
Fortnite

Fortnite – Esports club members at Japan girls’ high school train hard to reach lofty goals

August 8, 2021
Fortnite

Fortnite – New Fortnite Tease Has OG Fans Excited

August 8, 2021
Next Post

AMD Ryzen - Is It Good Investment? – Fintech Zoom | Fintech Zoom

iPhone - Stone Harbor Public Works Finds Missing iPhone

AMD Ryzen - AMD Ryzen 5 5600G Review: The Value iGPU Gaming King

Follow Us

  • 121 Followers
  • 181k Subscribers

Recommended

GTX 1650 – TechTubers saying GPU prices will drop soon is ‘absolute BULLS**T’

GTX 1650 – TechTubers saying GPU prices will drop soon is ‘absolute BULLS**T’

2 years ago

Indonesia Urges Olympic Council of Asia to Promote 2018 Asian Games

8 months ago

Amid omicron spike, Bank of America asks white-collar worker to stay at home for now

1 year ago
Xiaomi – News & Reviews: Xiaomi CC11 – TechNave

Xiaomi – News & Reviews: Xiaomi CC11 – TechNave

2 years ago

Instagram

Categories

  • AMD Ryzen
  • Android
  • Banking
  • Books
  • Business
  • Cartoons
  • Comics
  • Connectivity
  • Credit Card
  • Credit Cards
  • Cryptocurrencies
  • Cryptocurrency
  • Culture
  • Default
  • Email
  • Entertainment
  • Featured
  • Fintech
  • Fortnite
  • Games
  • Gaming
  • Health
  • Instagram
  • Iphone 12
  • Library
  • Life
  • Lifestyle
  • Loans
  • Luxury
  • Market
  • Marketing
  • Marketplace
  • Markets
  • Mobile
  • Money
  • Mortgage
  • Movies
  • National
  • News
  • Nintendo Switch
  • Opinion
  • People
  • Politics
  • PS5
  • Real Estate
  • Reviews
  • Router
  • Sports
  • Stock Market
  • Stock Market: BA Stock
  • Streaming
  • Tech
  • Telugu Movies
  • Torrents
  • Travel
  • World
  • xbox Series X
  • Xiaomi
  • Youtube

Topics

2018 League AMD apple Apple Inc Asian Games 2018 benchmarks Bitcoin bitcoin news Bitcoin Price bitcoin price chart bitcoin price usd bitcoin reddit bitcoin usd bitcoin value Budget Travel Buy Bitcoin Google graphics card Intel iPad iphone Istana Negara laptop MacBook Pro Mac Pro Market Stories Microsoft National Exam netbook News nintendo Nintendo Switch notebook Nvidia processor PS5 reports review reviews Samsung test tests Visit Bali what is bitcoin xiaomi
No Result
View All Result

Highlights

Discover the Truth: Is Imginn Truly Anonymous and Secure for Downloads?

Beginner’s Android Studio Tutorial: A Step-by-Step Guide

The 10 Things You Need to Know About Android 10

The What, Why, and How of Tethering: A Comprehensive Guide

Wear OS: How to Rock Out with the Hottest Smartwatches!

Elevate Your Automobile Experience with Auto Android

Trending

Brain Games | iZoneMedia360
Android

Challenge Your Brain with the Best Android Mind Games!

by Henry Romero
January 25, 2023
0

Do you want to challenge your brain and keep it sharp? Are you looking for the best...

Joker Virus | iZoneMedia360

Be Vigilant! The Joker Virus Is Lurking in These Apps – Stay Safe!

January 22, 2023
Discover the Truth: Is Imginn Truly Anonymous and Secure for Downloads?

Discover the Truth: Is Imginn Truly Anonymous and Secure for Downloads?

January 19, 2023
Discover the Truth: Is Imginn Truly Anonymous and Secure for Downloads?

Discover the Truth: Is Imginn Truly Anonymous and Secure for Downloads?

January 19, 2023
Developer on computer | iZoneMedia360

Beginner’s Android Studio Tutorial: A Step-by-Step Guide

December 11, 2022

iZoneMedia360

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Visit our landing page to see all features & demos.

LEARN MORE »

Recent News

  • Challenge Your Brain with the Best Android Mind Games! January 25, 2023
  • Be Vigilant! The Joker Virus Is Lurking in These Apps – Stay Safe! January 22, 2023
  • Discover the Truth: Is Imginn Truly Anonymous and Secure for Downloads? January 19, 2023

Categories

  • AMD Ryzen
  • Android
  • Banking
  • Books
  • Business
  • Cartoons
  • Comics
  • Connectivity
  • Credit Card
  • Credit Cards
  • Cryptocurrencies
  • Cryptocurrency
  • Culture
  • Default
  • Email
  • Entertainment
  • Featured
  • Fintech
  • Fortnite
  • Games
  • Gaming
  • Health
  • Instagram
  • Iphone 12
  • Library
  • Life
  • Lifestyle
  • Loans
  • Luxury
  • Market
  • Marketing
  • Marketplace
  • Markets
  • Mobile
  • Money
  • Mortgage
  • Movies
  • National
  • News
  • Nintendo Switch
  • Opinion
  • People
  • Politics
  • PS5
  • Real Estate
  • Reviews
  • Router
  • Sports
  • Stock Market
  • Stock Market: BA Stock
  • Streaming
  • Tech
  • Telugu Movies
  • Torrents
  • Travel
  • World
  • xbox Series X
  • Xiaomi
  • Youtube

[mc4wp_form]

© 2018 JNews – City News Magazine WordPress theme. All rights belong to their respective owners.
JNews is a top selling 2018 WordPress News, Blog, Newspaper & Magazine Theme.

No Result
View All Result
  • Home
  • Politics
  • News
  • Business
  • Culture
  • National
  • Sports
  • Lifestyle
  • Travel
  • Opinion

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.