Napster's $3 billion investor was a fake, say the DOJ and SEC, which charged a North Carolina man of conning the company out of a big ownership stake.

The SEC sued the man and an attorney over alleged fraud scheme targeting the iconic music brand Napster.

Infinite Reality, maker of AI-powered immersive experiences such as social sports platforms, has acquired Stakes for $8 million in stock. The all-stock transaction values Infinite Reality at $3 ...

Metaverse platform Infinite Reality has raised $3 billion in a funding round, bringing the firm's total valuation to $12.25 billion. As reported by GamesBeat, the funding was led by a private investor ...

Napster. Now there’s a name you haven’t heard in a few years… or more likely decades. Now, immersive web company Infinite Reality announced it’s acquired the brand for $207 million. Having just closed ...

(Reuters) -Augmented reality-focused startup Infinite Reality said on Wednesday it had achieved a valuation of $12.25 billion after raising $3 billion in a new funding round, without disclosing the ...

Touchcast’s AI technology to be integrated with Infinite Reality’s portfolio of products and services including Napster, iR Studio, and iR Enterprise Infinite Reality To Acquire Agentic AI Company ...

Transaction will fuel the formation of a leading, global audience network operating at the intersection of pop culture, entertainment, and immersive technology NEW YORK and SANTA MONICA, Calif., Oct.

BARCELONA, Spain and LOS ANGELES, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Infinite Reality (iR), a global leader in artificial intelligence innovations and immersive virtual experiences, together with ...

Infinite Reality has signed a definitive agreement to acquire Obsess, giving it a leg up in the growing world of 3D digital stores and experiences. Terms of the deal were not disclosed. But Singh is ...

Forbes contributors publish independent expert analyses and insights. I write about retail and the forces that are redefining shopping. Obsess designed a virtual closet for J. Crew, one of 400 virtual ...