Videogame publisher Activision Blizzard beat Wall Street estimates for fourth-quarter adjusted sales on Monday, thanks to the success of the latest game in its Call of Duty franchise. A string of launches in October and November, including Call of Duty: Modern Warfare II, Warzone 2.0, and World of Warcraft: Dragonflight from the fantastical world of
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Karen Ward, chief EMEA market strategist at JPMorgan Asset Management, says that underlying fundamentals for technology stocks are strong but some areas could lose their shine as interest rates begin to rise. “They’ve benefited from strong earnings which was boosted by the pandemic, but then they’ve had a super boost from those future earnings not
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Anil Agarwal-led Vedanta on Monday named industry veteran David Reed to head its semiconductor unit where it is looking to invest $20 billion (nearly Rs. 1,65,600 crore) to manufacture chips essential for mobile phones to laptops and TV sets. In an interview with PTI, Agarwal said the group is looking to start manufacturing semiconductors at Dholera in
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The metaverse, exploding in its use-cases for immersive digital ecosystems, is also becoming a playground for tech-savvy criminals. The International Criminal Police Organisation (ICPO), also dubbed Interpol, is now concerned that the crimes are on a rise in the metaverse. These crimes include phishing, money laundering, sexual harassment, data theft, and counterfeiting. The Interpol is
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Twitter and Tesla CEO Elon Musk on Sunday said that the past three months have been “extremely tough” as he “had to save Twitter from bankruptcy” while also fulfilling his duties in Tesla and SpaceX. Taking to his official Twitter handle, Musk said that the microblogging site continues to have challenges.  Elon Musk tweeted, “Last
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