IRS claims Microsoft (MSFT) owes $28.9 billion in back taxes
Microsoft disagrees with the IRS and intends to contest the claim in court if it must.
Square Enix Has Lost Almost $2 Billion In Market Value Since Final Fantasy 16 Launched
It's been a rough few months for Square Enix on the stock market. A new report says the Japanese video game maker has lost almost $2 billion in market value…
Square Enix Loses $2 Billion Value Since Final Fantasy 16, Analysts Concerned
Square Enix may be pleased with Final Fantasy 16‘s initial sales, but the PS5 exclusive couldn’t prevent the company from losing billions. A new report reveals that Square Enix has…
Square Enix Loses Nearly $2 Billion in Value Since Final Fantasy 16
Square Enix has lost nearly $2 billion in value since the launch of Final Fantasy 16 in June, and a new report has cast doubt on the company’s ability to…
AI startup Hugging Face hits $4.5 billion valuation on Microsoft and Amazon investments
Several tech giants have invested in the AI tech startup that provides a platform for sharing code and models.
NVIDIA (NVDA) adds $25 billion to share buyback program
In addition, NVIDIA announced it will continue share repurchase throughout its 2024 fiscal year.
Embracer Group’s Partner Who Walked From $2 Billion Deal Finally Revealed
The Embracer Group had a major partnership fall through at the last minute and now we've learned that the partner was Saudi-backed Savvy Games Group.
Roblox Corp. Eyeing 1 Billion Daily Players
Roblox's recent financial report, for the quarter ending on June 30, highlights a continued pattern of revenue growth coupled with increased net losses. The report also brings attention to a…
Amazon (AMZN) Q2 2023 online ad revenue grew 22% to $10 billion
Amazon's online ad revenue has significantly grown year-on-year from Q2 2022.
Amazon Web Services (AWS) revenue topped $22 billion Q2 2023
Despite the AWS segment profits falling 5 percent, the revenue was a 12 percent increase year-on-year.