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Tuesday, January 18, 2022

Microsoft to acquire Activision Blizzard for $68.7 billion

Gaming "will play a key role in the development of metaverse platforms." January 18, 2022, 2:22 PM • 5 min read Share to Facebook Share to Twitter Email this...

Microsoft to buy Activision in $68.7 billion all-cash deal

Activision has been mired in controversy in recent months due to allegations of sexual misconduct and harassment among company executives.

Goldman shares drop after earnings miss estimates on surging expenses, equites trading slowdown

Amid rising rates and slowing markets, how will CEO David Solomon navigate the next phase?

Dow futures drop nearly 250 points as bond yields surge and earnings reports await

U.S. stock futures fell early Tuesday as traders braced for the latest batch of corporate earnings reports.

Shopify steps up China expansion through tie-up with e-commerce giant JD.com

The tie-up marks a significant step up in China expansion for Shopify and is another step in JD's internationalization efforts.

BlackRock CEO Larry Fink says stakeholder capitalism is not ‘woke’

"Stakeholder capitalism is not about politics. It is not a social or ideological agenda. It is not 'woke,'" Fink said.

10-year Treasury yield jumps to 2-year high, topping 1.83%

The 10-year U.S. Treasury yield jumped to its highest point in two years on Tuesday morning, topping 1.83%.

Oil hits seven-year high as Houthi attack on UAE rattles regional tensions

International benchmark Brent crude was trading at $87.75 on Tuesday at 11 a.m. in Abu Dhabi, its highest level since 2014.

Billionaire investor Chamath Palihapitiya says ‘nobody cares’ about Uyghur genocide in China

The Chinese government has previously denied any wrongdoing or human rights abuses in Xinjiang.

Italy has quietly become one of Big Tech’s most prolific antagonists

Italy’s antitrust watchdog slapped Amazon with a hefty $1.28 billion fine in December — but that's only its latest salvo in a string of...