Assassin’s Creed Publisher Could See Tencent Take The Reigns

Assassin's Creed Publisher Could See Tencent Take The Reigns

Image: Ubisoft Tencent appears to be doubling down on its investment in Ubisoft. While it already owns 5 percent of the Assassin’s Creed editor, Reuters now reports the Chinese mega-conglomerate with huge investments throughout the gaming industry has its sights set on becoming Ubisoft’s single biggest shareholder. Its plan for achieving that? Pay double what … Read more

Great Barrier Reef areas show highest coral cover seen in 36 years

Great Barrier Reef areas show highest coral cover seen in 36 years

In this photo provided by the Great Barrier Reef Marine Park Authority the Hardy Reef is viewed from the air near the Whitsunday Islands, Australia Jumbo Aerial Photography | Great Barrier Reef Marine Park Authority via AP Two-thirds of the Great Barrier Reef in Australia recorded the highest amount of coral cover in nearly four … Read more

Lordstown Motors (RIDE) Q2 2022 earnings and production

Lordstown Motors (RIDE) Q2 2022 earnings and production

Workers install door hinges to the body shell of a prototype Endurance electric pickup truck on June 21, 2021 at Lordstown Motors assembly plant in Ohio. Michael Wayland | CNBC Embattled electric truck startup Lordstown Motors on Thursday reaffirmed plans to begin commercial production of its first vehicle this quarter and roll out the first … Read more

5 things to know before the stock market opens Thursday

5 things to know before the stock market opens Thursday

Here are the most important news items that investors need to start their trading day: 1. Stock futures are flat Traders on the floor of the NYSE, August 1, 2022. Source: NYSE 2. Walmart lays off corporate employees A shopping cart outside a Walmart store in Torrance, California, US, on Sunday, May 15, 2022. Walmart … Read more

Restaurant Brands International (QSR) Q2 2022 earnings

Restaurant Brands International (QSR) Q2 2022 earnings

A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California. Justin Sullivan | Getty Images Restaurant Brands International on Thursday reported quarterly earnings and revenue that topped Wall Street’s expectations, fueled by international sales growth at Burger King and the recovery of Tim Hortons’ Canadian locations. … Read more

China claims ‘precision missile strikes’ in Taiwan Strait

China claims 'precision missile strikes' in Taiwan Strait

KEELUNG, Taiwan (AP) — China says it conducted “precision missile strikes” in the Taiwan Strait on Thursday as part of military exercises that have raised tensions in the region to their highest level in decades. China earlier announced that military exercises by its navy, air force and other departments were underway in six zones surrounding … Read more

In S. Korea, Pelosi avoids public comments on Taiwan, China

In S. Korea, Pelosi avoids public comments on Taiwan, China

SEOUL, South Korea (AP) — After infuriating China over her trip to Taiwan, US House Speaker Nancy Pelosi put South Korean political leaders in Seoul on Thursday but avoided making direct public comments on cross-Strait relations that could have further increased regional tensions. Pelosi, the first incumbent House speaker to visit Taiwan in 25 years, … Read more

China’s forces encircle Taiwan as live fire drills begin

China's forces encircle Taiwan as live fire drills begin

CNN — US House Speaker Nancy Pelosi is no longer in Taiwan, but on Thursday China made good on its promise that the island will pay a price for hosting the highest-ranking US official to visit in 25 years. The Chinese military’s Eastern Theater Command said it conducted long-range, live-fire training in the Taiwan Strait … Read more

Restructuring officer for Alex Jones’ business questioned about tens of millions withdrawn from company

Restructuring officer for Alex Jones' business questioned about tens of millions withdrawn from company

CNN Business — The accountant now in charge of overseeing right-wing conspiracy theorist Alex Jones’ company Free Speech Systems through its bankruptcy was questioned Wednesday by attorneys for families of Sandy Hook shooting victims over $62 million in funds Jones has drawn from the company over the years. Free Speech Systems, which runs Jones’ conspiratorial … Read more

Elon Musk fights Twitter over release of potentially confidential information

Elon Musk fights Twitter over release of potentially confidential information

Elon Musk’s bid to publish on Wednesday a counter-lawsuit he filed against Twitter last week was rejected by the judge overseeing the bombshell case late in the day. Delaware Court of Chancery Judge Kathaleen McCormick ruled Musk’s counterclaims, answer and affirmative defenses to Twitter’s suit shall be made public by Friday afternoon, according to court … Read more