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  • Disney to Create New Games with Epic Games After $1.5 Billion Investment

Disney to Create New Games with Epic Games After $1.5 Billion Investment

Disney is planning to create new games and an entertainment universe in collaboration with Fortnite creator Epic Games after investing $1.5 billion in a stake in the company. The aim…

Disney Buys $1.5 Billion Stake in Epic Games to Create ‘Expansive’ Universe Within Fortnite

Disney has purchased a $1.5 billion stake in Epic Games and has teamed up with the company to develop a new expansive, open, persistent, and social universe that will "interoperate"…

Ford (F) Model E EV segment lost $4.7 billion in 2023

In its Q4 2023 earnings report, Ford revealed that it lost $4.7 billion on its Model E EV segment.

Facebook (META) reports 3.07 billion monthly active users (MAUs) in Q4 2023

The popular social media platform has seen a small rise in monthly active users from its Q2 2023 reporting period.

Amazon Web Services (AWS) sales topped $90 billion in 2023

Amazon's internet cloud data service was a substantial contributor to the company's success throughout its fiscal 2023.

AR glasses company Xreal hits $1 billion valuation in latest funding round

Xreal brought in $60 million in its latest funding round, bringing it to a $1 billion valuation.

Elon Musk’s xAI files with the SEC to raise $1 billion [UPDATED]

The artificial intelligence startup has already raised almost $135 million from four investors.

Elon Musk’s xAI files with the SEC to raise $1 billion

The artificial intelligence startup has already raised almost $135 million from four investors.

Unity (U) raised $1 billion of debt this week

Unity was able to make the move a day before its earnings release thanks to a 1933 law.

Apple (AAPL) bought back $77.55 billion of common stock during FY 2023

A significant portion of Apple financing expenses were spent on common stock buybacks throughout its 2023 fiscal year.