Tag: consumer electronics

Apple Files Arguments With Appeals Court in Battle With Epic Games’ Antitrust Claims
Apple Files Arguments With Appeals Court in Battle With Epic Games’ Antitrust Claims

Apple Inc. AAPL 2.27% said a judge’s ruling that it was violating California’s unfair-competition law should be overturned because she had already found the iPhone maker’s in-app payment system was competitive. It is the Cupertino, Calif., company’s first full-throated filing laying out its argument in the appeals fight over its high-profile legal battle with “Fortnite” […]

Nvidia Unveils AI Chips, Tools for Creating Virtual Worlds
Nvidia Unveils AI Chips, Tools for Creating Virtual Worlds

Text size Shares of Nvidia have risen roughly 14% in the past month. Justin Sullivan/Getty Images Nvidia is doubling down on artificial-intelligence technology that CEO Jensen Huang predicts will revolutionize every industry. In the keynote speech for the annual Nvidia (ticker: NVDA) GTC conference—the acronym once stood for GPU Technology Conference, a reference to the […]

Barry Diller’s Gambling License Is Delayed by Regulator Over Investigation Into Trading
Barry Diller’s Gambling License Is Delayed by Regulator Over Investigation Into Trading

The top gambling regulator in Nevada on Thursday delayed MGM Resorts MGM -0.55% International stakeholder Barry Diller’s licensing after federal authorities launched insider-trading investigations into his share purchases of Activision Blizzard Inc. Nevada Gaming Commission Chairwoman Jennifer Togliatti in a public meeting ordered that Mr. Diller’s application to be in the casino industry undergo “further […]

GameStop Shares Fall on Surprise Loss
GameStop Shares Fall on Surprise Loss

GameStop Corp. EMG 0.97% recorded a loss during the holiday quarter despite an increase in sales, surprising analysts who were expecting the videogame retailer to turn a profit. GameStop has been working to turn around its business under the leadership of a revamped executive team and board of directors. The Grapevine, Texas-based company on Thursday […]

The Real Reason Amazon Split Its Stock
The Real Reason Amazon Split Its Stock

The Amazon Spheres at the company’s headquarters in Seattle, Wash. John Moore/Getty Images Text size Mathematically, stock splits create no value. Splitting your stock 20-for-1—a move Amazon announced last week—isn’t really any different than swapping a $20 bill for 20 singles. Your wallet might be a little fatter, but you aren’t any richer. The fact […]

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