It still surprises many people that professional video-game tournaments fill 50,000-seat arenas and that millions of fans watch from their bedrooms, aspiring to compete themselves one day. What hasn’t passed some entrepreneurs by, however, is that this is quietly fueling a big market opportunity.
Tens of thousands of Fortnite accounts are being sold online daily in a black market for stolen video-game accounts that generates $1 billion annually, according to a report from Night Lion Security, which helps companies identify vulnerabilities.
APPLE, INC. was spared from having to immediately reinstate Epic Games, Inc.’s Fortnite on its App Store, an early court victory for the iPhone maker in an intensifying battle over the tolls charged to app makers.
Apple Inc. threatened to remove Epic Games Inc.’s developer account, cut off its developer tools and limit its ability to supply key graphics technology to other apps in the latest skirmish in a battle over app store fees.