It could finally be game for anti-trust actions against Big Tech. As gaming grows in stature in the lives of Americans during the pandemic, it has highlighted the extraordinary grip that two of the four tech companies investigating over the white-hot industry. Business of Epic Games Inc. against the online …
Read More »ICE borrows $ 6.5 billion to expand its footprint of the mortgage sector
A house for sale in Pittsburgh United Press Intercontinental Exchange Inc., the owner of the New York Stock Exchange, left $ 6.5 billion in corporate branding Monday to help expand its footprint in the U.S. mortgage sector. That’s more than half of the $ 11 billion that ICE ICE, + …
Read More »The impact of ‘Fortnite’ could be epic on Big Tech’s anti-trust investigations
While lawmakers and privacy advocates continue to push for anti-trust integration from four of tech’s biggest companies, some big names in video gaming could speed things up. This is one of the initial conclusions of legal experts and developers following the lawsuit filed by Epic Games Inc. against Apple Inc. …
Read More »Cisco shares double 6% on revenue spoon, revenue decline; CFO to retire
Cisco Systems Inc. reported financial results that were largely in line with the Wall Street estimate, but another revenue decline and accompanying soft income battled the stock in trading after hours Wednesday. The company also announced the retirement of longtime Chief Financial Officer Kelly Kramer, once a successor is found. …
Read More »GM Financial Chief Dhivya Suryadevara steps down in surprise departure
General Motors Co. Chief Financial Officer Dhivya Suryadevara will leave the company for online commercial company Stripe Inc., a surprise departure for one of the auto-maker’s fastest-growing stars. GM confirmed Tuesday that Ms Suryadevara has left the company for an unknown opportunity outside the auto industry. Stripe in San Francisco …
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