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Nintendo’s Stock Drops Sharply, Partly Due to Trump’s Tariffs
According to Serkan Toto, a market analyst specializing in the gaming industry, Nintendo’s stock has dropped by 9.22%. This significant decline is believed to be linked to import tariffs introduced by former U.S. President Donald Trump. In today’s global economy, price changes in a major market like the United States…
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Vivendi Officially Withdraws From Ubisoft
Vivendi Sells All Stock In Ubisoft In late 2017, it was revealed that media giant Vivendi was attempting what could only be called a hostile takeover of Ubisoft. Aggressively purchasing shares where ever they could find them, Ubisoft was left in the rather desperate position of potentially having their control…
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Elon Musk Does A U-Turn On Taking Tesla Private
Tesla is NOT Going Private! Earlier this month, Elon Musk make rather a bold statement. Admittedly, that’s hardly unusual for the enigmatic CEO of Tesla, but this one raised more than a few eyebrows. In a 9-word Twitter post, Elon Musk declared that he was looking at taking Tesla private.…
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Tesla Board Confirm Elon Musk Takeover Discussions
Tesla Board Confirm Elon Musk Take-Over Discussions Earlier this week, Elon Musk make a very shocking Twitter post. Ok, so that’s not entirely unusual for him, but this one was particularly explosive. In it, in less than 10 words, he announced his plan to remove Tesla from the stock market…
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Elon Musk Reveals Shock Plans To Take Tesla Private
Tesla Set To Go Private Despite Elon Musk having a significant control of the company, it shouldn’t be forgotten that Tesla is still a public company. Anyone (with the money) could get in touch with a stock broken and try to buy a slice of the car company. It seems, however,…
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Facebook Shares Plunge 24% As User Figures Hit Slump
Facebook Shares Plunge 24% As User Figures Hit Slump Mark Zuckerberg must feel like he is spinning plates at the moment. While he is running around to get the wobbling ones back in order, he’s slowly starting to find that he might have far more plates to manage that he…
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Netflix Shares Plunge As User Growth Flags
Netflix Shares Plunge As User Growth Flags Netflix is by far and away one of the most popular video streaming services around. It has over the years continued to grow and its emphasis on providing its own produced programming has been a key factor in that. What is even better…
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EA Shares Downgraded After Disappointing Titanfall 2 Sales
It seems the double release idea has come back and bit EA this week, as Titanfall 2 suffered from “substantially disappointing” sales, leaving financial services and investment banking firm, Cowen, to downgrade their shares. Of course, Battlefield 1 is doing pretty good, and we’re sure their forecasts will improve, but I…
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AMD’s Stock Hits Highest Point in Four Years
AMD’s long-term future has been questioned by critics due to ongoing poor financials and the declining market share in both the CPU and GPU segments. This worrying situation led to calls for a takeover or possibility of AMD selling their assets to another technology giant. Thankfully, it seems AMD is…
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Mad Catz In Trouble After Shares Plummet And CEO Resigns
Mad Catz is best known for creating various peripherals including keyboards, mice, headsets and more while adopting a very distinctive style. This gives their product range a unique aesthetic, and makes anything they produce instantly recognizable. Whether many of these complicated constructions are as comfortable as more simplistic solutions is topic…
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Xbox 360 Lawsuit Judge Owned Stock in Microsoft
A class action lawsuit launched by Xbox 360 owners who suffered ruined discs due to a fault within the console is moving to the US Supreme Court, which prompted the presiding Chief Justice John Roberts to sell between $250,000 and $500,000 in Microsoft stock, rather than excuse himself from the…
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Australian Securities Market to Begin Trading Bitcoin Shares
The Australian Securities Market (ASX) is preparing to debut the Bitcoin Group on the public market under the symbol BCG. This is seen as a potentially billion dollar opportunity by Bitcoin Group, with at least $20 million expected to be gained from the initial sale of 100 million shares at…
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Twitter Considers 10,000 Character Limit – Shares Plummet
New Twitter CEO Jack Dorsey is considering dropping the site’s unique selling point, the 140-character limit for Tweets, in favour of up to 10,000 characters, according to a report by Re/code. Since the rumour broke, the price of shares in Twitter Inc. have dropped by 0.65 points (-2.86%) after normal…
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Apple’s Stock Drops by Over $160 Billion
The smartphone market is expected to stagnate as sales grow at a slower pace in major western territories. Of course, there are exceptions to the rule such as India where the introduction of affordable handsets increases the ownership rate by a significant margin. However, it can be argued that smartphone…
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Zuckerberg and Chan Giving 99% of Their Facebook Shares to Charity
Mark Zuckerberg is not one to shy away from the public spotlight with his charitable activities. Facebook is part group providing refugee camps with internet and recently joined with another billionaire, Bill Gates, to help fund renewable energy. Today though he has shocked the world with two major announcements. The first announcement…
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