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Shares of conservative cable channel Newsmax soar another 40% after massive debut

A NEWSMAX television crew member steam irons a backdrop during the Conservative Political Action Conference (CPAC) in National Harbor, Maryland, on Saturday, February 24, 2024. Tom Brenner | The Washington Post | The Washington Post | Getty Images Shares of conservative cable channel Newsmax soared more than 40% in early trading Tuesday, a day after […]

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Conservative news channel Newsmax spikes more than 500% in first trading day on NYSE

Business News

Fox News and Newsmax television studios are seen in the Fiserv Forum on the day before the Republican National Convention (RNC) on July 14, 2024, in Milwaukee, Wisconsin. The RNC will be held in Milwaukee from July 15-18. Joe Raedle | Getty Images News | Getty Images Newsmax went public on the New York Stock

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Assassin’s Creed-maker Ubisoft’s shares surge 11% on deal to spin off top game franchises

Technology News

Artwork for Ubisoft’s upcoming “Assassin’s Creed Shadows” game. John Keeble | Getty Images Ubisoft shares surged on Friday after the French video game publisher announced a deal to spin out some of its best-selling franchises. On Thursday, Ubisoft revealed plans to form a new gaming subsidiary, with Chinese technology giant Tencent investing 1.16 billion euros ($1.25 billion)

Assassin’s Creed-maker Ubisoft’s shares surge 11% on deal to spin off top game franchises Read More »

Ubisoft spins out new unit for Assassin’s Creed and other games, Tencent to take .25 billion stake

Ubisoft spins out new unit for Assassin’s Creed and other games, Tencent to take $1.25 billion stake

Finance News

On Jan. 9, Ubisoft said it was postponing the launch of “Assassin’s Creed Shadows” and had appointed advisors to review strategic options. Ina Fassbender | AFP via Getty Images Ubisoft on Thursday announced that it’s creating a new gaming subsidiary with Chinese technology giant Tencent investing 1.16 billion euros ($1.25 billion) into the unit. The

Ubisoft spins out new unit for Assassin’s Creed and other games, Tencent to take $1.25 billion stake Read More »

AppLovin shares plunge 20% after third short-selling firm slams company’s ad technology

Technology News

Jaque Silva | Nurphoto | Getty Images Shares of AppLovin sank 20% on Thursday, their steepest drop on record, as another short-selling firm raised concerns about the company’s digital ad technology and claimed that it’s violating app store rules. AppLovin tumbled $65.92 to close at $261.70. The stock soared more than 700% last year, the

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Peyton Manning’s Omaha Productions sells 10% stake to new Patrick Whitesell-led platform at a valuation of more than 0 million, sources say

Peyton Manning’s Omaha Productions sells 10% stake to new Patrick Whitesell-led platform at a valuation of more than $750 million, sources say

Business News

Peyton Manning on Sunday, February 16, 2025. Theo Wargo | NBCUniversal | Getty Images Peyton Manning has a new business partner. A new platform run by Patrick Whitesell, the former executive chairman of Endeavor, has acquired a minority stake in Manning’s Omaha Productions. The stake, which is approximately 10% of the company, values Omaha Productions

Peyton Manning’s Omaha Productions sells 10% stake to new Patrick Whitesell-led platform at a valuation of more than $750 million, sources say Read More »

Amazon Pharmacy medical chief Gupta is latest health exec to leave company

Finance News

Vin Gupta, then-chief medical officer at Amazon Pharmacy, speaks during Amazon’s “Delivering the Future” event at the company’s BFI1 Fulfillment Center, Robotics Research and Development Hub in Sumner, Washington, on Oct. 18, 2023. Jason Redmond | Afp | Getty Images Amazon has lost the chief medical officer of its pharmacy division after five years at

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23andMe co-founder lashes out at CEO Wojcicki after bankruptcy filing, says board lacked oversight

Technology News

A view of 23andMe headquarters in Sunnyvale, California, United States on March 25, 2025. Tayfun Coskun | Anadolu | Getty Images 23andMe co-founder Linda Avey took to social media on Wednesday to express frustration about the fate of the once-thriving genetics testing company that spiraled into Chapter 11 bankruptcy protection this week. Avey helped launch

23andMe co-founder lashes out at CEO Wojcicki after bankruptcy filing, says board lacked oversight Read More »

Napster pioneered music sharing over 25 years ago. It just got bought for 7 million

Napster pioneered music sharing over 25 years ago. It just got bought for $207 million

Technology News

Alexander Pohl | Nurphoto | Getty Images A quarter century ago, Napster was notorious on the internet for allowing people to swap songs for free, long before the music industry had come up with a model for the digital age. The service was shuttered in 2001 amid mounting legal battles, and filed for bankruptcy the

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Micron shares jump on earnings beat, rosy guidance as data center revenue triples

Finance News

Signage outside the Micron offices in San Jose, California, on Dec. 17, 2024. David Paul Morris | Bloomberg | Getty Images Micron shares popped 6% in extended trading Thursday after the company reported second-quarter results that beat analysts’ estimates and offered better-than-expected guidance. Here’s how the company did: Earnings per share: $1.56, adjusted vs. $1.42

Micron shares jump on earnings beat, rosy guidance as data center revenue triples Read More »

Shares of conservative cable channel Newsmax soar another 40% after massive debut

Conservative news channel Newsmax spikes more than 500% in first trading day on NYSE

Assassin’s Creed-maker Ubisoft’s shares surge 11% on deal to spin off top game franchises

Ubisoft spins out new unit for Assassin’s Creed and other games, Tencent to take $1.25 billion stake

AppLovin shares plunge 20% after third short-selling firm slams company’s ad technology

Peyton Manning’s Omaha Productions sells 10% stake to new Patrick Whitesell-led platform at a valuation of more than $750 million, sources say

Amazon Pharmacy medical chief Gupta is latest health exec to leave company

23andMe co-founder lashes out at CEO Wojcicki after bankruptcy filing, says board lacked oversight

Napster pioneered music sharing over 25 years ago. It just got bought for $207 million

Micron shares jump on earnings beat, rosy guidance as data center revenue triples

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