LOS ANGELES—After a 111-minute family drama called “CODA” premiered at the Sundance Film Festival in January 2021, the usual phalanx of distributors began vying for the film. According to a person involved in the negotiations, the iPhone maker saw something in the movie, about the hearing daughter of an all-deaf family, that few others did: […]
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Apple Files Arguments With Appeals Court in Battle With Epic Games’ Antitrust ClaimsApple 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” […]
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Nvidia Unveils AI Chips, Tools for Creating Virtual WorldsText 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 […]
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5G Drains Your iPhone’s Battery. Here’s What You Can Do About It.5G, 5G, 5G! Carriers and smartphone makers can’t stop talking about how fast the fifth-generation mobile network is. Is the much-hyped technology worth a device upgrade? 5G is fast—when you can find it—but as my week of battery tests show, it’s a power hog, and there are no killer apps requiring the high data speeds […]
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Barry Diller’s Gambling License Is Delayed by Regulator Over Investigation Into TradingThe 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 […]
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GameStop Shares Fall on Surprise LossGameStop 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 […]
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Chip Makers Stockpiled Key Materials Ahead of Russian Invasion of UkraineProduction of vital raw materials for chip making is concentrated in Russia and Ukraine. The countries are a major source of both neon gas, needed to feed lasers that print minute circuitry onto silicon, and the metal palladium used in later manufacturing stages. About a quarter to a half of the world’s semiconductor-grade neon comes […]
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The Real Reason Amazon Split Its StockThe 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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