For more than a decade, the economics of mobile gaming followed a simple formula. Developers built games, attracted players, and then surrendered a major portion of every transaction to the platforms that controlled distribution. Apple’s App Store and Google’s Play Store became the primary gateways through which mobile games reached consumers. In exchange for access
Amazon has announced that it has become water positive in India, achieving a key sustainability target ahead of schedule as scrutiny grows over the environmental impact of expanding data centre infrastructure worldwide. The company said it now returns more water to communities than it uses across its direct operations in India, including corporate offices, fulfilment
Investors are turning their attention to Micron Technology’s upcoming earnings report for clues on whether the artificial intelligence-driven rally in the US stocks can sustain its momentum. While major US stock indexes remain close to record highs despite a sharp mid-week selloff, markets have continued to draw support from strong corporate earnings linked to the
UK equities were largely unchanged on Friday as the cancellation of US-Iran peace talks in Switzerland dampened investor sentiment and kept risk appetite subdued. Gains in energy and healthcare stocks, however, helped limit broader market losses. The benchmark FTSE 100 index slipped 5.40 points, or 0.05%, to 10,394.30 by 0948 GMT. The domestically focused FTSE
Cathie Wood’s ARK Invest increased its exposure to Tesla and Snowflake on Thursday while continuing to trim its position in Roku, according to the firm’s latest daily trading disclosures. The moves underscore ARK’s continued focus on artificial intelligence, cloud software, and long-term technology themes even as market volatility persists around some of its biggest holdings.
Shares of Intel rose on Thursday after US President Donald Trump said Apple had agreed to work with the chipmaker to design and manufacture chips in the United States, potentially handing Intel’s foundry ambitions their biggest endorsement yet. Intel shares were up about 2.7% in after-hours trading at the time of writing, after gaining as
US stock futures rose on Thursday as investors bought back into technology shares after a sharp sell-off sparked by the Federal Reserve’s tougher inflation message. Nasdaq 100 contracts led the rebound, supported by renewed interest in chip names after President Donald Trump said Apple would work with Intel on domestic chip design and production. The
Britain’s main stock indexes moved lower on Thursday, weighed down by losses in financial and materials stocks as investors awaited the Bank of England’s interest rate decision and continued to assess the US Federal Reserve’s policy outlook. The Bank of England is widely expected to leave interest rates unchanged at 3.75% later in the day.
Shares of memory and storage companies climbed in premarket trading on Thursday after Apple Chief Executive Tim Cook warned that soaring memory and storage chip prices could force the iPhone maker to raise product prices. Micron Technology (MU) rose about 4.7% before the opening bell, while Sandisk gained 4.4%. Seagate Technology advanced around 4% and
Shares of consulting and technology services giant Accenture plunged 14% in premarket trading on Thursday after the company lowered the top end of its annual revenue growth forecast, underscoring concerns that businesses remain cautious about spending on discretionary technology projects. The company now expects annual revenue growth of 3% to 4%, compared with its earlier