Activision Blizzard Inc, a leading player in the mobile game publishing giant, is buying King Digital Entertainment Plc, a mobile publisher, for $5.98 billion. After beating the market expectations for third quarter results, Activision has announced its decision of acquiring King. Activision is keen on expanding the mobile gaming activity as the acquisition will create biggest games powerhouse in the world. It's estimated that after the acquisition, it will be next to the market leader Tencent in the global market. The company's stock rose to its all-time high as investors responded positively to the acquisition news.
United States
Disney World To Open Star Wars Theme Land in Holidays
Both Star Wars fans and Disney Park goers will absolutely love the idea of the opening of the all time favorite American epic space opera film, Star Wars in all Walt Disney World Resort Attractions. The most exciting is it will have its opening during the Holidays.
Millennials living with parents increased, study shows
A new study reveals that the number of millennials living with housemates increased significantly by 39 percent. Make Room is a campaign that aims to end the housing crisis in America.
Partners Facebook and Samsung to Launch VR Social Network Experience
Facebook CEO, Mark Zuckerberg believed the future of social network is in Virtual Reality. Last year, Facebook acquired Oculus, a VR company. Now they partner with Samsung to make mobile VR experience come to life.
U.S. fines Takata $70 million, bans ammonium nitrate in its air bags
The National Highway Traffic Safety Administration fined air-bag supplier Takata Corp for $70 million and is ordered to stop manufacturing inflators that has ammonium nitrate.
Latest News
A bizare idea just occurred recently in the Twitch live streaming video platform. A group called themselves "twitchintheshell" planned to install Linux on a virtual machine, based on the most popular keystroke entered by Twitch users. The idea named asTwitch Install has ended in a couple of days after being hijacked by botnet installing other Linux distro.
Ellon Musk's Tesla Motors Inc. announced that there will be a new Chief Financial Officer in the company as its current CFO, Deepak Ahuja will be retiring this year. According to the announcement, the new CFO is Jason Wheeler, a former CFO for Google.
The United States is now third place in the list of top tax havens for foreign companies on the biannual Financial Secrecy Index by the Tax Justice Network, next to Switzerland and Hong Kong.
Chipotle Mexican Grill Inc. announced it has ran steps to improve food safety by hiring two food safety consulting firms, including IEH Laboratories and Consulting Group, to perform batch-testing ingredients as an effort to respond to its E. coli cases.
Amazon is opening its first physical bookstore on Tuesday this week. The store is located in the University Village shopping center, an upscale outdoor mall north of the University of Washington, Seattle.
Following the success collaboration with the fast growing retail delivery service Instacart in Minneapolis, the retail company Target Corporation is now expanding the service with Instacart in San Francisco.
Microsoft's latest Windows 10 increased its market share by 7.94 percent in October from 6.63 percent in September. Ubergizmo has reported that one of the major reasons for the growth in the company's market share is the fact that people who use a genuine older version of Windows can upgrade their operating system to Windows 10 for free.
Linux, the once revolutionary operating system in the 1990's, has just released its latest kernel version. The release of its new 4.3 kernel was preceded by an angry message by its creator due to bad programming code.
More and more United States giant tech companies are partnering with Chinese firms that are connected with the Asian country's military, leading to fears that it may improve Chinese military technological capabilities and could even harm US national security.
