Mike Blake, Reuters)Microsoft Corp (MSFT.O) is buying “Call of Duty” maker Activision Blizzard (ATVI.O) for $68.7 billion in the biggest gaming industry deal in history as global technology giants stake their claims to a virtual future.The deal announced by Microsoft on Tuesday, its biggest-ever and set to be the largest all-cash acquisition on record…
REUTERS/Mike Blake/File PhotoTesla Inc (TSLA.O) shareholders on Tuesday asked a judge to find that Elon Musk forced the company’s board of directors into a deal for SolarCity in 2016 and wanted the CEO convicted, the electric vehicle maker one of the largest judgments in history paid $13 billion…
King not just of Tesla (TSLA) – Get Tesla Inc Report but also of clapping back on Twitter (TWTR) – Get Twitter, Inc. Report, Elon Musk called the software being used for some other electric vehicles “a pile of trash.” The argument began when, on Sunday, Green Hills Software CEO Dan O’Dowd wrote that he had…
Share to FacebookShare to TwitterShare to LinkedinTopline Space companies including SpaceX and Sierra Space received nearly $15 billion of private investments in 2021—including a whopping $4.3 billion in the fourth quarter, a record-setting year for a booming industry as investors continue to bet on the “space economy.” An illustration of the SpaceX Starship human lander…
Share to FacebookShare to TwitterShare to LinkedinTopline The stock market plunged on Tuesday after Goldman Sachs reported disappointing quarterly earnings—continuing a trend of lackluster bank results, while surging government bond yields hit two-year highs. Bank earnings continued to disappoint as firms warned of rising expenses. Richard Drew/ASSOCIATED PRESS Key Facts The Dow Jones Industrial Average…
Samsung today unveiled the Exynos 2200, its latest flagship chipset that will power Galaxy S22 smartphones in certain regions. The new platform is based on 4nm EUV process technology and comes with a custom GPU called Xclipse. It is based on the AMD RDNA2 architecture and as such is a “single hybrid graphics processor” that offers…
The U.S. doesn’t need to know who they’re targeting or show probable cause when ordering Facebook, WhatsApp or any tech company to help agencies spy on users in secret, newly-unsealed court documents show. U.S. federal agencies have been using a 35-year-old American surveillance law to secretly track WhatsApp users with no explanation as to why…
© Reuters. FILE PHOTO: The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS/Carlo Allegri/File Photo A look at the day ahead from Sujata Rao. Nasdaq futures are down almost 1% on Tuesday, making it likely the…
FAANG stocks Alphabet (GOOGL) – Get Alphabet Inc. Class A Report, Meta Platforms (FB) – Get Meta Platforms Inc. Class A Report, and Netflix (NFLX) – Get Netflix, Inc. Report generally aren’t considered value stocks. But renowned value investor Bill Nygren of Oakmark Funds likes them anyway. Meta Platforms and Alphabet are “falling between the cracks between…
Patrick Pleul | picture alliance | Getty ImagesA Tesla lawyer has asked a law firm to fire one of its lawyers or risk losing his job for the electric carmaker led by Elon Musk, The Wall Street Journal reported on Saturday. The Tesla lawyer wanted Cooley LLP to fire previously worked at the United States Securities…