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New York Sues Valve, Says Its ‘Loot Boxes’ Are Gambling
Reuters:
New York’s attorney general sued Valve, a video game developer whose franchises include Counter-Strike, Team Fortress and Dota, accusing it of promoting illegal gambling and threatening to addict children through its use of “loot boxes.” In a complaint filed on Wednesday in a state court in Manhattan, Attorney General Letitia James said Valve’s loot boxes amounted to “quintessential gambling,” violating the state’s constitution and penal law, with valuable items often hard to win and many items worth pennies.
Pokémon's 30th anniversary merch has fans in multi-hour queues
Viture, which ranked top in XR glasses shipments in the US in Q3 2025, per IDC, raised $100M, bringing its funding in the past six months to $200M (Charlie Fink/Forbes)
Charlie Fink / Forbes:
Viture, which ranked top in XR glasses shipments in the US in Q3 2025, per IDC, raised $100M, bringing its funding in the past six months to $200M — Viture has closed another $100 million financing round, bringing its total capital raised in the past six months to more than $200 million …