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Microsoft is cutting nearly 5,000 jobs, mostly in Xbox and commercial sales, to save $2 billion and focus on AI over gaming or cloud services. This risks damag…
BitMine sold $100M in Bitcoin and bought $73M in Ethereum, showing it’s betting on Ethereum’s growth potential over Bitcoin. This shift signals broader institu…
Waterstone Financial declared a cash dividend with a 3.3% annualized yield, payable August 30 to shareholders of record by August 15. This reliable income stre…
Xbox will lay off 3,200 workers over the next year, half immediately, to improve profit margins after losses on many studio investments. Studios will be restru…
Microsoft is cutting 3,200 jobs, 10% of its global Xbox workforce, to address declining profits and missed targets in its gaming business. The move reflects a …
Versant Media Group acquired Full Swing for $530 million, gaining access to sports-tech simulators and swing-tracking software with multiple revenue streams. T…
Microsoft is closing four Xbox studios and laying off 1,500 staff to cut costs after its $69 billion Activision Blizzard acquisition, focusing on fewer high-po…
A Russian Il-20M spy plane dropped sonar buoys in the path of the UK's *Queen Elizabeth* aircraft carrier to track its movements and gather intelligence. This …
The UK government proposes forcing YouTube and TikTok to prioritize state-funded news like BBC in recommendation feeds during major events, threatening creator…
French President Emmanuel Macron will visit Syria, the first by a Western European leader since 2024, signaling France’s push to normalize ties with Syria’s po…
The global median age has risen to 31, driven by fertility rates nearing the replacement threshold. This demographic shift means most people are older than the…
