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“YEAH, it’s a hustle.” And with that, Elon Musk as host of Saturday Night Live (SNL) brought down the value of dogecoin by 35% and cemented it firmly in the minds of millions more retail investors, forcing us all to wait and see whether such pessimism will be their final verdict.
LONDON: When much of the global economy locked down last year, insurers, facing estimated losses of more than US$100bil (RM410bil) globally, reached straight for their red pens to strike pandemic cover from all new business policies.
TOKYO: Nintendo Co’s earnings beat estimates after hit games like Monster Hunter Rise propped up sales of the Switch, but warned that global chip shortages may disrupt production of its marquee device.
TOKYO: Japan's Nintendo Co Ltd on Thursday forecast annual Switch console sales to fall 11.5%, in what would be the first decline for the five-year-old device after riding a pandemic-induced boom in home gaming.
NEW YORK: Animal spirits are alive and well in the cryptocurrency world, with the frenzy sending Dogecoin surging more than 50% again and crashing Robinhood’s trading app.
OAKLAND (Reuters) - Silicon Valley venture capitalists, long focused on software and internet companies, are again pouring money into the semiconductor industry, lured by the promise of a new generation of artificial-intelligence chips that could challenge incumbents like Intel Corp and Nvidia Corp.
OAKLAND, Calif.: The chief executive of "Fortnite" creator Epic Games testified on Monday that he knew he was breaking Apple Inc's App Store rules by putting Epic's own in-app payment system into the game last year but wanted to highlight Apple's sway over the world's iPhone users, which now total 1 billion.
SAN FRANCISCO: Epic Games faces an uphill legal battle against Apple Inc in an antitrust trial starting Monday, and a defeat for the maker of "Fortnite" could make it harder for U.S. government regulators to pursue a similar case against the iPhone maker, legal experts said.