people: Fortnite, which in battle royale mode involves 100 characters fighting for survival on a dystopian island, has been played by more than 125 million people, making it the world's most popular video game, according to The Guardian. It has also sparked controversy, however, with parents complaining of violent themes and teachers saying it distracts children from their homework. The game is free to download, making money by charging players for costumes and other embellishments in virtual in-game currency. The value of Epic, which is based in North Carolina and counts China's Tencent Holdings and Walt Disney among its early investors, has soared from an estimate of 4.5bn in May. The company is run by its founder and chief executive, Tim Sweeney, who set it up in his parents' basement in Maryland in 1991. It was valued at just 660m in 2012 when Tencent bought a 48% stake.
(news.financializer.com). As
reported in the news.
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