Hedge Fund That Bet Against GameStop Shuts Down
A London-based hedge fund that suffered losses betting against US retailer GameStop during the first meme stock rally in January is shutting its doors [Editor's note: the link may be paywalled; alternative source]. From a report: White Square Capital.....»»
Great news for 4K Blu-ray fans – 2 big stores will now stock discs
4K UHD, Blu-rays, and DVDs will soon be sold at GameStop and Fred Meyer grocers thanks to a new deal with Studio Distribution Services......»»
Nissan has a new plan to spur sales — and it wants retailers to fund it
With a nearly triple-digit days' supply, Nissan is allowing dealers to advertise 2024 model year vehicles below invoice......»»
Jack Dorsey Leaves BlueSky Board and Calls X ‘Freedom Technology’
The Twitter founder’s moves suggest an apparent warming of relations between him and Elon Musk. Jack Dorsey has left the board of social networking service Bluesky, which he helped fund and popularize a year ago in the wake of reg.....»»
Microsoft shuts down Bethesda’s Hi-Fi Rush, Redfall studios
Xbox maker wants to "prioritiz[e] high-impact titles" according to letter to staff. Enlarge / Artist's conception of Microsoft telling Hi-Fi Rush maker Tango Gameworks they no longer exist as a studio. (credit: Tango Gameworks).....»»
Volunteers rid one Australian river of its privet problem—and strengthen community along the way
Privet is a popular garden hedge. It grows quickly and responds well to being pruned. But in natural areas, privet is a problem......»»
Tech supplier Aptiv lowers sales forecast, reduces equity interest in JV with Hyundai
Under the agreement with Hyundai Motor Co., Aptiv will not be required to fund the joint venture in the future, while Hyundai will provide additional funding......»»
Kids study in overheated slum as Philippines shuts schools
Fourth-grader Ella Araza sat on a tiny plastic box in her Manila slum home, trying to finish her homework before the afternoon sun sent temperatures soaring to unbearable levels......»»
Repair shop owner aims to start social impact movement in auto industry
In 2020, Dan Adam created a nonprofit group called Stranded Motorist Fund, which helps customers who can't afford expensive vehicle repairs......»»
BforeAI raises $15 million to stop attacks before they occur
BforeAI has secured $15 million in Series A funding led by SYN Ventures, with renewed participation from early investors Karma Ventures, Karista, Addendum Capital, and a new investment from the Partnership Fund for New York City. BforeAI autonomously.....»»
Startup financing gender gaps greater in societies where women are more empowered: Study
Commercial bankers provide capital to fund the operations and growth of businesses. However, as these lenders evaluate entrepreneurs who apply for loans, gender bias leads to women being denied more often than their male counterparts......»»
Researchers say "loss avoidance" is all the rage in private equity
Private equity (PE) is known as a "high-risk, high-return" asset class. But as risk-averse institutional investors continue to up their stake in PE, private fund managers are expected to provide metrics that characterize the riskiness of their portfo.....»»
International Monetary Fund warns cyberattacks could trigger bank runs
The damage of cyberattacks is only increasing, and geopolitical tensions are not helping......»»
Toyota Ventures raises $300 million more for early-stage investments
Two new funds, Toyota Ventures Frontier Fund II and Toyota Ventures Climate Fund II, will help the firm deepen its global investing footprint......»»
AI hardware company from Jony Ive, Sam Altman seeks $1 billion in funding
A venture fund founded by Laurene Powell Jobs could finance the company. Jony Ive, the former Apple designer. (credit: Gary Cohen) Former Apple design lead Jony Ive and current OpenAI CEO Sam Altman are seeking funding f.....»»
Bird flu flare: Cattle in 5 states now positive as Texas egg farm shuts down
The risk to the general public remains low, federal officials say. Enlarge / Chicken eggs are disposed of at a quarantined farm with bird flu in Israel's northern village of Margaliot on January 3, 2022. (credit: Getty | JALAA M.....»»
Spotify raising prices for subscribers again this year
Spotify is cranking up the volume, err, subscription price, for the second time in a year. Whether it’s to cover the increased cost of licensing music or to fund future complaints against Apple, Spotify will start charging subscribers $1 to $2 more.....»»
Google Podcasts shuts down tomorrow, April 2
Building a podcast player into Google Search was always a weird plan. Enlarge / A spooky Halloween display from Google's Seattle campus. (credit: Dana Fried) RIP Google Podcasts. Google's self-branded podcasting service.....»»
Israel"s war budget leaves top scientists in limbo
Israeli scientist Ellen Graber has spent years researching ways to save chocolate crops from climate change. But with the government slashing spending to fund the war in Gaza, her project is one of hundreds now hanging in the balance......»»
UK sports-car maker McLaren now fully controlled by Bahraini wealth fund
The move will allow McLaren to seek new technical partnerships and investments in electric powertrains......»»
Greenhouse gas emissions in Global South countries are linked with International Monetary Fund lending policies
Greenhouse gas emissions significantly increase in countries in the Global South within a few years after initially borrowing from the International Monetary Fund using structural loans, but not when more flexible lending conditions are involved......»»