Still from Paramount’s “Sonic the Hedgehog 2.” Paramount After Sega’s blockbuster adaptation of its classic Sonic the Hedgehog gaming franchise on the big screen, the company suggested it wants to replicate that success with other hit video games in its arsenal. Speaking with CNBC at the Web Summit tech conference in Libson, Portugal, Tuesday, Sega
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Kristalina Georgieva, managing director of the International Monetary Fund, at a press conference at the IMF Headquarters on April 14, 2023. Kevin Dietsch | Getty Images News | Getty Images SINGAPORE — Central bank digital currencies have the potential to replace cash, but adoption could take time, said Kristalina Georgieva, managing director of the International
In this article ABNB Follow your favorite stocksCREATE FREE ACCOUNT Airbnb has made its first acquisition as a public company, in a deal valued at just under $200 million, sources familiar with the deal told CNBC. The startup is called Gameplanner.AI, which has been in “stealth mode” since its founding in 2020. Startups in stealth
In this article AAPL GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google and Alphabet Inc. CEO Sundar Pichai arrives at the federal courthouse in Washington, Monday, Oct. 30, 2023. Jose Luis Magana | AP Google pays Apple more than a third of its search advertising revenue from Safari under the terms of the two companies’
Hon Hai Group’s headquarters, in Taipei, Taiwan, 15 July 2021. Ceng Shou Yi | Nurphoto | Getty Images Apple iPhone supplier Foxconn, officially known as Hon Hai, on Tuesday reported third-quarter profit rose 11.27% from a year ago, beating analysts’ expectations despite an ongoing consumer electronics slump. Here are Foxconn’s results for the quarter ended September versus
A pedestrian walks pass a branch of Industrial & Commercial Bank of China (ICBC) in Fuzhou, Fujian province of China. VCG | Getty Images The U.S. financial services division of Chinese bank ICBC was hit with a cyberattack that reportedly disrupted the trading of Treasurys. Industrial and Commercial Bank of China, the world’s largest lender
BEIJING, CHINA – DECEMBER 04: A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing International Corporation (SMIC) on December 4, 2020 in Beijing, China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Group | Getty Images China’s largest chipmaker SMIC on Thursday posted a 80% drop in third-quarter profit as
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella speaks during the OpenAI DevDay event on November 06, 2023 in San Francisco, California. OpenAI CEO Sam Altman delivered the keynote address at the first ever Open AI DevDay conference. Justin Sullivan | Getty Images Microsoft has invested billions of dollars
A package from Temu is seen in front of a screen with the Temu logo. (Photo by Nikos Pekiaridis/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Chinese low-cost retailer Temu is dominating app stores in Japan and South Korea in its category, dethroning rival Shein after its successful expansion in Western markets. “Temu
David Paul Morris | Bloomberg | Bloomberg | Getty Images When a Google employee asked the company if he could organize his work schedule to work fewer hours on more days, an HR representative responded saying the average Google employee works more than a normal 9-to-5 work day — seeming to refute earlier reports that
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook listens as President Joe Biden speaks during a roundtable with American and Indian business leaders in the East Room of the White House in Washington, D.C., June 23, 2023. Anna Moneymaker | Getty Images Apple will pay $25 million in back
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla Chief Executive Officer Elon Musk gets in a Tesla car as he leaves a hotel in Beijing, China May 31, 2023. Tingshu Wang | Reuters Tesla shares closed down about 5% on Thursday at $209.98 after HSBC Global initiated coverage with a “reduce” rating
Bitcoin has had a strong start to the year with the cryptocurrency seeing a huge rally. Jakub Porzycki | Nurphoto | Getty Images Bitcoin rose to a new high for 2023 on Thursday as optimism around a potential bitcoin ETF approval continued to build. The price of the flagship cryptocurrency rose more than 3.5% to
In this article 6758.T-JP Follow your favorite stocksCREATE FREE ACCOUNT The PlayStation DualSense controller and PlayStation 5 console. Jakub Porzycki | Nurphoto | Getty Images Sony on Thursday reported a 29% drop in operating profit in the fiscal second quarter as the Japanese electronics giant suffered from weakness in its imaging sensor business. Here’s how Sony
Thomas Dohmke, CEO of Microsoft-owned GitHub, speaks at the Collision conference in Toronto on June 27, 2023. Chloe Ellingson | Bloomberg | Getty Images Microsoft-owned GitHub on Wednesday introduced a more expensive Copilot assistant for developers inside companies that can explain and provide recommendations about internal source code. The launch might help Microsoft boost revenue
Samsung at the Mobile World Congress 2023 on March 2, 2023, in Barcelona, Spain. (Photo by Joan Cros/NurPhoto via Getty Images) Joan Cros | Nurphoto | Getty Images Samsung Electronics on Wednesday introduced a new generative artificial intelligence model, hinting that the software will be coming to its devices soon. Generative AI has been popularized
In this article 7974.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Link figurine from Legend of Zelda with shop staff inside Nintendo Tokyo store in Shibuya. Sopa Images | Lightrocket | Getty Images Nintendo said Wednesday it plans to develop a live-action film of The Legend of Zelda, one of its most popular characters, as the
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella speaks during the OpenAI DevDay event in San Francisco on Nov. 6, 2023. Justin Sullivan | Getty Images Microsoft ended Tuesday’s trading session at a record high of $360.53, following fresh optimism about growth from a key partner in artificial intelligence.
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google Google’s traffic navigation app Waze will now warn you when you are driving on a road with a history of crashes, the company announced Tuesday. The feature will alert drivers that they are approaching an accident-prone area before they reach that section of the
In this article BTC.CM= GSRM Follow your favorite stocksCREATE FREE ACCOUNT A different kind of ATM is setting up shop in your local convenience store. These machines look like traditional banking kiosks, but they allow customers to buy bitcoin in cash. Bitcoin ATMs, or BTMs, exploded in popularity between 2020 and mid-2022, at the height
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