Business News

Embracer Reportedly Might Close Free Radical Design, Its Reformed TimeSplitters Team
2023-12-12 23:47:38
Publisher Deep Silver, which is owned by Embracer Group, announced the reformation of TimeSplitters developer Free Radical Design to create a new entry in the series back in 2021.
Analysis confirms California's Salton Sea region to be a rich domestic lithium resource
2023-12-12 21:59:46
On Nov. 28, The U.S. Department of Energy announced results of the most comprehensive analysis to date quantifying the domestic lithium resources in southern California's Salton Sea region.
Video game expo E3 gets permanently canceled
2023-12-12 21:31:28
One of the highest-profile video game conventions is being shut down permanently, its organizers said Tuesday.
Australian, American charged with running crypto Ponzi scheme
2023-12-12 21:23:38
An Australian man and a US national have been charged in California with operating a cryptocurrency Ponzi scheme, the Justice Department said Tuesday.
ASML, Samsung ink 700mn chip plant deal as S.Korea president visits
2023-12-12 21:23:38
Dutch tech giant ASML and Samsung Tuesday signed a deal worth around 700 million euros to build a semiconductor research plant in South Korea, as President Yoon Suk Yeol wrapped up day one of a technology-focused visit.
Is the price of your iPhone going to go up? How supply chain shifts are reshaping the global economy
2023-12-12 19:08:19
Apple is doing it. Samsung is doing it. Even Nike is doing it.
Boeing says deliveries of new planes are up, generating much-needed cash for the aircraft maker
2023-12-12 19:07:54
Boeing said Tuesday that it delivered 56 commercial planes in November, an increase as the company tries to fix manufacturing problems that have disrupted production of its best-selling aircraft.
Renault sells Nissan stake as part of rebalanced alliance
2023-12-12 17:32:36
Renault said Tuesday that it was selling to Nissan part of the stake it owns in the Japanese automaker as the two companies rebalance their alliance.
Google's Epic legal defeat threatens $200 billion app store industry
2023-12-12 17:32:35
Google's legal defeat at the hands of Fortnite maker Epic Games Inc. threatens to roil an app store duopoly with Apple Inc. that generates close to $200 billion a year and dictates how billions of consumers use mobile devices.
San Francisco's airport runways are among the fastest-sinking in the nation, research finds
2023-12-12 17:32:35
After measuring minute elevation changes on runways at 15 coastal airports around the United States, researchers found that of airport runways sinking or subsiding, San Francisco (SFO) tops the subsidence chart at nearly 10 millimeters (0.4 inches) per year, while Los Angeles International Airport (LAX) is the slowest.
Can you gift a stock? How to buy and give shares properly
2023-12-12 17:19:54
Here's what to know about giving stock as a gift, including how to buy stock for a child to teach them about investing.
South Africa to build new nuclear plants: govt
2023-12-12 09:29:28
South Africa, battling crippling power blackouts, plans to add 2,500 megawatts of new nuclear generation, the government announced Tuesday.
China's homegrown C919 aircraft arrives in Hong Kong in maiden flight outside the mainland
2023-12-12 09:29:28
A Chinese C919 jet arrived in Hong Kong on Tuesday in the Chinese-made plane's first foray outside of mainland China as its manufacturer prepares to take on Airbus and Boeing in the market for single-aisle commercial aircraft.
Epic Games wins antitrust lawsuit against Google over barriers to its Android app store
2023-12-12 09:29:28
A federal court jury has decided that Google's Android app store has been protected by anticompetitive barriers that have damaged smartphone consumers and software developers, dealing a blow to a major pillar of a technology empire.
Boeing promotes insider to chief operating officer, putting her in the discussion about the next CEO
2023-12-12 09:29:28
Boeing has promoted the head of its services business to chief operating officer, putting the female executive in discussion as a potential heir apparent to CEO David Calhoun in a male-dominated industry.
Ford will cut weekly production of F-150 Lightning in response to slowing demand
2023-12-12 04:55:42
Ford will make fewer electric trucks than expected.
Epic win: Jury decides Google has illegal monopoly in app store fight
2023-12-12 04:55:36
Victory Royale.
The FTC Is Trying To Get Back Into The Ring With Microsoft Over Activision Deal
2023-12-12 03:48:39
Uh, well, okay then. I really thought we were done with the whole Microsoft buying Activision Blizzard saga. Hell, I even wrote what I thought was a final post on the matter, called the post a curt…
2023: The Year ‘Cord Cutting’ Became The Majority Norm
2023-12-12 03:48:39
It wasn’t that long ago that cable TV execs were trying to claim that “cord cutting” was either outright fiction, or a fad that would end once Millennials started procreating. The…
Brew Works’ Rude Elf’s Reserve: How IP Bullying Birthed The Brand That Remains 20 Years Later
2023-12-12 03:47:30
One of my favorite ways that lame trademark fights end is when the victim of the bullying makes slight changes to their branding such that it pokes the bully in the eye while still getting the vict…

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