'Fortnite' Developer Epic Games Reaches $17 Billion USD in Market Valuation

Epic Games -- the developer for the massively popular battle royale video game Fortnite -- has now reached a market valuation of $17 billion USD, according to a new report from Reuters. The new valuation is preceded by a fresh round of funding for the company, which raised a whopping $1.78 billion USD, including a $250 million USD investment from Japanese tech and gaming company Sony for a stake in the developer. Other funds include those managed by BlackRock Inc. and the Ontario Teachers' Pensi...