Major Tech Companies Warn That Global Chip Shortage May Last a Few Years
Tech & Gadgets

Major Tech Companies Warn That Global Chip Shortage May Last a Few Years

Causing further delays for tech and gaming consoles.

SpaceX Valuation Reaches $74 Billion USD After Raising $1.16 Billion USD in Equity Financing
Tech & Gadgets

SpaceX Valuation Reaches $74 Billion USD After Raising $1.16 Billion USD in Equity Financing

After securing $1.9 billion USD last August.

Price Hikes and Deep Pockets Boost LVMH's "Record" Q1 Financial Results
Fashion

Price Hikes and Deep Pockets Boost LVMH's "Record" Q1 Financial Results

The luxury conglomerate’s fortunes were primarily boosted by Louis Vuitton, Dior and Tiffany & Co.

Egypt Seizes Ever Given Ship in Suez Canal and Demands $916 Million USD
Tech & Gadgets

Egypt Seizes Ever Given Ship in Suez Canal and Demands $916 Million USD

25 crew members remain on board.

Coinbase Valuation Shoots to Nearly $100 Billion USD in Nasdaq Debut
Tech & Gadgets

Coinbase Valuation Shoots to Nearly $100 Billion USD in Nasdaq Debut

The first major cryptocurrency player to go public.

Epic Games Raises $1 Billion USD in Funding Ahead of Lawsuit Against Apple
Gaming

Epic Games Raises $1 Billion USD in Funding Ahead of Lawsuit Against Apple

Sony was accountable for $200 million USD of the funding round.


ArcLight Cinemas and Pacific Theatres Set to Permanently Close
Entertainment

ArcLight Cinemas and Pacific Theatres Set to Permanently Close

Due to financial difficulties brought on by the Coronavirus pandemic.

Epic Games Is Reportedly Losing At Least $330 Million USD and Its CEO Doesn't Mind
Gaming

Epic Games Is Reportedly Losing At Least $330 Million USD and Its CEO Doesn't Mind

Tim Sweeney simply sees it as an investment.

Intel to Produce Chips for Automotive Industry to Meet Global Shortage
Tech & Gadgets

Intel to Produce Chips for Automotive Industry to Meet Global Shortage

On top of another $20 billion USD investment the company already made to expand operations.

'TIME' Magazine Will Start Investing in Bitcoin
Tech & Gadgets

'TIME' Magazine Will Start Investing in Bitcoin

It’ll also start accepting cryptocurrency as payment for subscriptions.

Alex Rodriguez Is Finalizing a Deal to Purchase Minnesota Timberwolves and Lynx
Sports

Alex Rodriguez Is Finalizing a Deal to Purchase Minnesota Timberwolves and Lynx

The MLB star and Marc Lore are to succeed Glen Taylor as the new owners.

Trading Card Companies are Tapping Into Childhood Nostalgia Through NFTs
NFT

Trading Card Companies are Tapping Into Childhood Nostalgia Through NFTs

NFTs have revitalized the trading card community and have created new opportunities for digital collectibles.

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