After blockbuster Microsoft deal, gaming giants are still sitting on $45 billion cash hoard
Publicly listed gaming companies are sitting on a $45 billion pile of cash and cash equivalents — and that could…
Google, Amazon, Apple could see antitrust bills put on hold if Jim Jordan is House speaker
If Republican Rep. Jim Jordan of Ohio is elected the speaker of the House Tuesday, tech giants like Google, Apple,…
Microsoft’s $69 billion Activision Blizzard takeover approved by UK, clearing way for deal to close
Britain’s top competition watchdog on Friday gave the green light to Microsoft’s proposed $69 billion takeover of gaming firm Activision…
Already a humanitarian crisis, war with Hamas could have major impact on Israel’s economy
As Israel prepares for what could be a long war with massive humanitarian implications, there are also concerns about how…
JPMorgan’s Marko Kolanovic braces for 20% market plunge, delivers recession warning
JPMorgan’s Marko Kolanovic is bracing for a 20% sell-off to hit the S&P 500. According to the Institutional Investor hall-of-famer,…
Brad Gerstner says AI will be bigger than the internet, bigger than mobile
Altimeter Capital Chair and CEO Brad Gerstner is massively bullish on artificial intelligence, saying the power of the advanced technology…
SoftBank-backed Improbable slashes losses by 85%, says pivot to the metaverse has paid off
Virtual reality startup Improbable said Wednesday that it reduced losses by 85% in 2022, a year that saw the company…
EU lists Alphabet, Amazon, Meta and three other tech giants as ‘gatekeepers’ under strict competition rules
The European Commission on Wednesday said it designated six tech giants as “gatekeepers” under its new Digital Markets Act —…
