By Dan Weil When streaming services launch hot content, they garner new subscribers. But many new viewers exit within a few months. If you’re someone who signs up for streaming services to see a big movie or TV show and then cancels the service after w…
7 Super Bowl Wins and $300 Million Later, Tom Brady Retires
By Michael Tedder The Tampa Bay Buccaneers quarterback ends a record-setting career. After days of speculation, Tom Brady has made if official. The football legend announced his retirement. Brady ends his career having played in 10 Super Bowls winning …
Kanye Off the Grid on NFTs, But Celebrities Go for the Green
By Rob Lenihan Kayne West is not interested in NFTs, at least for the moment, but other celebrities are stepping up to the crypto plate. Ye is a nay, but that’s just for today. Okay, now in English: Kanye West told the world on Instagram that he is app…
Nio Steps Up Its 2022 Deliveries, Still Well Behind Tesla (But Ahead of Lucid)
By Tony Owusu Nio said that it is accelerating the deployment of its power network as it looks to increase adoption. Nio (NIO) – Get NIO Inc. (China) Report, a Chinese electric vehicle (EV) maker, struggles in a way that all but one electric vehicle (E…
Gamers Have The Power to Kill the NFT Craze. (But They Won’t)
By Luc Olinga Gamers, accustomed to micro-transactions and loot boxes within games, oppose NFTs which they see as a moneymaking scam. Video game publisher Ubisoft, one of the major players in the sector, launched Quartz, a platform that introduces NFTs…
Exxon Stock Jumps As Oil, Gas Price Surge Powers Q4 Earnings Beat, $10 Billion Share Buyback
By Martin Baccardax Exxon Mobil posted its best profits in seven years Tuesday thanks in part to a global surge in oil and gas prices. Exxon Mobil (XOM) – Get Exxon Mobil Corporation Report posted better-than-expected fourth quarter earnings Friday, wh…
Viral Wordle Game Bought by New York Times
By Veronika Bondarenko The newspaper paid “in the low seven figures” for the popular word puzzle game. Going from obscurity to a household name in weeks, the popular word puzzle game has now been snapped up by the New York Times (NYT) – Get New York Ti…
Cramer’s Mad Money Recap 1/31: Netflix, Microsoft, Apple, Chevron
By Scott Rutt Jim Cramer says if you want to own a growth stock, pick one that doesn’t have chip, supply chain or Covid troubles. “I don’t want companies that make excuses, I want companies that make money,” Jim Cramer told his Mad Money viewers Monday…
T-Mobile Requires Workers to Get Vaccinated by April 2
By Dan Weil ‘Data show that vaccines offer our best chance of preventing illness and death from Covid-19,’ T-Mobile said in an e-mail to workers. Telecommunications giant T-Mobile US (TMUS) – Get T-Mobile US, Inc. Report is joining the ranks of compani…
Tom Brady’s Favorite Crypto Firm Sees Its Valuation Soaring to $32B
By Luc Olinga Crypto exchange FTX has raised $400 million, pushing its valuation to $32 billion, a sum that will revive questions about a crypto bubble. The news will no doubt revive questions about the formation of a bubble in the cryptosphere: FTX Tr…