SoftBank Corp shares drop 14% on their first day of trading, but it’s still one of the largest IPOs ever – TechCrunch

SoftBank Corp’s initial public offering today started with a bang before trailing off into a whimper, with the stock falling 14.5 percent during its first day of trading on the Tokyo Stock Exchange. The company is the mobile unit of conglomerate SoftBank Group, whose holdings also include Sprint and the $100 billion Vision Fund. Shares…

How Fortnite’s dance moves sparked new lawsuits against Epic Games – TechCrunch

A growing cluster of actors, musicians and viral internet stars have Fortnite in their crosshairs. The smash hit third-person shooter is free to play but generates mountains of revenue through in-game microtransactions. Those purchases lure avid Fortnite players to spend real-life cash on virtual cosmetic items, like special character skins (today: a winter skiing set!)…