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Sunday, November 1, 2020
HSSC 2020 – Jr Software Developer & Divisional Accountant Exam Result Released
CGPSC Admit Card 2020 – Civil Judge (Entry Level) Prelims Exam Call Letter Download
HSSC Group D 2020 – Allocation List Released
HSSC Result 2020 – Group D Allocation List Released
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Future Retail says Amazon dispute order not binding on company
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Online giants will have to open ad archives to EU antitrust regulators: Antitrust panel chief
Tencent's Honor of Kings reports 100 million daily users, expands into new genres
Tencent claims record 100M daily users on mobile game Honor of Kings
At its five-year anniversary gala graced by celebrities, esports stars and orchestras, Tencent’s mobile game Honor of Kings said it has crossed 100 million daily active users. The title has not only broken user records but generated other unprecedented accomplishments along the way.
For one, it consistently ranks among the top-grossing mobile games worldwide, jostling with PUBG Mobile made by another Tencent studio Lightspeed & Quantum — gaming has long been the cash cow for Tencent, better known for its WeChat messenger. The brain behind Honor of Kings is TiMi Studios, which ramped up hiring in the U.S. this year to further global expansion.
The game is credited for popularizing the multiplayer online battle arena (MOBA) category in China using clever designs like short sessions, friendly controls, esports integration, and social networking leverage, as games analyst Daniel Ahmad pointed out. The title has an unusually high female player base — around 50% — for a genre dominated by males.
TiMi focused on creating a MOBA that was tailored to the expectations of mobile players. Which included shorter session lengths, touch friendly controls and automated systems.
The game is great for beginners to the MOBA genre, but still requires skill to master. Broad appeal. pic.twitter.com/mSqMOKBEIc
— Daniel Ahmad (@ZhugeEX) November 1, 2020
Though not always seen as an original creator, Tencent pioneers monetization models for mobile games and can be Western studios’ sought-after partner. To name one, it helped develop the mobile version of Activision’s Call of Duty, which surpassed 250 million downloads in June.
Controversy has also arisen amid Honor of Kings’ fervor. A state newspaper chastised it for hooking young users and misrepresenting historical events. Tencent has since tightened age verification checks for players, now standard practice in China’s gaming industry.
TiMi unveiled its milestone at a time when Riot Games is testing a mobile version of League of Legends, widely seen as the desktop blockbuster that had inspired Honor of Kings in the first place. The overseas edition of Honor of Kings, called Arena of Valor, has had limited success outside Asia. It now comes the time for Riot, fully acquired by Tencent in 2015, to test its own interpretation, Wild Rift.
As part of the announcement, TiMi also revealed that it’s capitalizing on Honor of Kings for IP derivative works, including two new games in unspecified new genres, an anime, and a TV series.
Startup brands like the shoe company Thousand Fell are bringing circular economics to the fashion industry
Thousand Fell, the environmentally conscious, direct-to-consumer shoe retailer which launched last November, has revealed the details of the recycling program that’s a core component of its pitch to consumers.
The company, which has now sold enough shoes to start seeing its early buyers begin recycling them after ten months of ownership, expects to recycle roughly 3,000 pairs per quarter by 2021, with the capacity to scale up to 6,000 pairs of shoes.,
The recycling feature, through partnerships with United Parcel Service and TerraCycle, offers customers the option to avoid simply throwing out the shoes for $20 in cash that the company pays out upon receipt of the old shoes.
With the initiative, Thousand Fell joins a growing number of companies in consumer retail that are experimenting with various strategies to incorporate reuse into the life-cycle of their products. Nike operates a reuse a shoe program at some of its stores, which will collect used athletic shoes from any brand for recycling. And several companies are offering denim recycling drop-off locations to take old jeans and convert the material into other products.
What’s more, Thousand Fell’s recycling partner, TerraCycle, has developed a milkman model for reusing packaging to replace consumer packaged goods like dry goods, beverages, desserts and home and beauty products under its Loop brand (and in partnership with Kroger and Walgreens).
Across retail, zero waste packaging and delivery options (and companies emphasizing a more sustainable, circular approach to consumption) are attracting increased interest from investors across the board, with everyone from delivery companies to novel packaging materials attracting investor interest.
“Thousand Fell owns the material feeds and covers the cost of recycling, as well as the resale or reintegratoin of recycled material back into new shoes and the issuance of the $20 recycling cash that is sent back to the consumer once they recycle,” wrote Thousand Fell co-founder Stuart Ahlum, in an email.
Clothing and textiles account for 17% of all landfill waste and shoes are particularly wasteful. Shoes account for 10% of retail production capacity but about 25% of textile waste, according to Ahlum.
The company sells its environmentally friendly shoes for under $100, a price point that makes them more accessible to price-conscious consumers, according to Ahlum.
Through the program UPS will run shipping for the Thousand Fell sneaker recycling program and making its network of shipping locations — including within Staples stores — available for drop-off of Thousand Fell’s shoes.
With TerraCycle, Thousand Fell will ensure that the old sneakers will be sustainably recycled and diverted from landfills. UPS’ Ware2Go business is also providing fulfillment and warehousing services for Thousand Fell, the companies said in a statement earlier this week.
Meanwhile, TerraCycle and Thousand Fell are developing a closed loop process where old sneakers will be reintegrated into the supply chain to make new sneakers.
Through Thousand Fell, shoe buyers can track their purchase history and the carbon footprint of their sneakers at the company’s website — and register their sneakers once they’ve received them. The registration allows customers to initiate the recycling process at a drop off location or directly shipping their shoes back to TerraCycle.
“This enterprise partnership between UPS, TerraCycle, and Thousand Fell is the reverse logistics engine that powers the circular economy. It solves the critical problem of collecting worn products back from customers — at scale and at cost,” Ahlum wrote in an email.
Zego, which provides real-time communication tools for enterprises and runs a Zoom-style videoconferencing service called TalkLine, raises $50M led by Tencent (Zheping Huang/Bloomberg)
Zheping Huang / Bloomberg:
Zego, which provides real-time communication tools for enterprises and runs a Zoom-style videoconferencing service called TalkLine, raises $50M led by Tencent — - Zego offers real-time voice, video technology solutions — Rival Agora raised $350 million in U.S. listing this year
IBPS Specialist Officer IX Recruitment 2020 – Apply for 647 Posts
Arizona's Maricopa County is set to have the second largest concentration of US data centers by 2028, as the state races to increase electricity production (Pranshu Verma/Washington Post)
Pranshu Verma / Washington Post : Arizona's Maricopa County is set to have the second largest concentration of US data centers by 202...
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Jake Offenhartz / Gothamist : Since October, the NYPD has deployed a quadruped robot called Spot to a handful of crime scenes and hostage...
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