Monthly Archives: August 2022

As Street Fighter turns 35, Capcom has big plans for Tokyo Game Show

Capcom has formally unveiled its Tokyo Game Show 2022 plans, and it’s giving Street Fighter 6 the spotlight once more. While Capcom’s skipping Gamescom 2022 later this month, the Japanese publisher’s announced it’ll be out in full force at Tokyo Game Show 2022. Announcing it’ll have two presentations, one of these is exclusively focused on…

Some of China’s largest state-owned firms will delist from the US market amid ongoing auditing battle between the 2 countries

A PetroChina gas station in Taiyuan, Shanxi Province of China. Zhang Yun/China News Service via Getty Images Five Chinese companies including energy giants Sinopec and PetroChina said Friday they each plan to delist their shares from the US market.  The moves come as the US and China remain locked in a dispute over the inspection…

US stocks rise as investors assess signs inflation is coming down

Spencer Platt/Getty Images US stocks extended its August rally on Friday as investors digested more signs that inflation is coming down.Prices of imported goods fell 1.4% in July, representing the largest decline since April 2020.Cooling inflation would give the Fed more flexibility in its interest rate hike trajectory. US stocks jumped on Friday, with the…

Microsoft employees volunteer at Amsterdam Airport as travel chaos continues

Schiphol Airport has capped the number of daily departing passengers over the peak summer season. Anthony Deutsch/Reuters Microsoft staff are helping out at Amsterdam’s Schiphol Airport amid ongoing travel disruption. Over 100 staff from Schiphol’s partners, including Microsoft, help passengers in the terminals. Like many other airports, Schiphol has experienced extensive travel chaos this summer….

Employees say TikTok had a ‘kill list’ of workers in the London office they wanted to force out, report says

Employees at TikTok say the company had a “kill list” of London-based staff. Rafael Henrique/SOPA Images/LightRocket via Getty Images Employees at TikTok say the company had a “kill list” of workers they wanted to get rid of, per the FT. Staff said the list included the names of several employees in the London office. Some…

XR Technologies and Trends: Pandemic ushers in immersive experiences

The pandmic has pushed XR, including a variety of VR and AR use cases, beyond gaming and entertainment.Do you work in the Tech industry? Get business insights on the latest innovations, market trends, and your competitors with data-driven research.The following is a preview of one Insider Intelligence report, US Virtual and Augmented Reality Users 2021….

Elon Musk said his taxes are audited every year ‘by default’ — after posting a debunked Republican claim that the IRS is hiring 87,000 new agents

Tesla and SpaceX CEO Elon Musk. Angela Weiss/AFP via Getty Images Elon Musk said on Twitter he has his taxes audited every year “by default.” He’d earlier posted a meme featuring a debunked Republican claim that the IRS is hiring 87,000 new agents. The meme appears to link the debunked IRS claim with the American…

Investors should buy the latest rally in stocks as cooling inflation means lower peak interest rates, JPMorgan Asset Management’s chief strategist says

REUTERS/Dario Cantatore/NYSE Euronext Investors should buy into the stock rally after July’s promising CPI report, JPMorgan’s David Kelly said. The dip in inflation suggests high prices are starting to roll over and peak interest rates may be lower than the Fed thinks. “I would be fully invested in equities at this point because I do…

Hillary Clinton mocked Trump for pleading the Fifth at his deposition, comparing it to her marathon public testimony over Benghazi in 2015

Hillary Clinton testifies before the House’s committee investigating Benghazi. Chip Somodevilla/Getty Images) Hillary Clinton mocked Donald Trump for pleading the Fifth in his New York deposition Thursday.  She re-posted a tweet about her 11-hour Benghazi testimony and attached a photo of her looking bored at the 2015 hearing.  Trump refused to answer questions in New…