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.
AMD reports $1.5 billion of Q3 2023 Gaming Segment revenue, down 8% from Q3 2022
Gaming revenue was down for AMD despite a growth in overall revenue.