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Stories for Jul. 31, 2014

Gaming company Kabam, creator of such little known hits as “Kingdoms of Camelot” and “The Hobbit: Kingdoms of Middle-earth,” has joined the elite-ish $1 billion valuation club following a sizable Series E from Alibaba. With a “diversify and prosper” strategy, Kabam hopes to avoid the rocky roads paved by Zynga and Candy Crush’s King.com. Read more »

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photo: Palantir

Palantir has a customer base that pays for results, but the company nonetheless attributes puts a lot of effort into user experience. In June, it re-architected its database simplicity in mind; on Thursday, it acquired a startup doing drag-and-drop mobile app development. Read more »