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.....»»
Apple expands Restore Fund with new investments from TSMC and Murata
Apple today announced that it is expanding its Restore Fund, a project that it first launched in 2021 with a $200 million investment. Through the Restore Fund, Apple backs new financially-viable initiatives to restore forest woodland areas, which rem.....»»
Apple refutes criticism of its carbon neutral plans by showcasing its rainforest efforts
Aiming to show that its carbon reduction efforts are not mere "climate-washing," Apple has spotlighted how its Restore Fund is contributing to the restoration of a Brazilian rainforest, and attempts to save over 3,000 types of tree from extinction.Wo.....»»
Rooster Teeth shuts down after 21 Years
It is an end of an era. Rooster Teeth is closing its doors after 21 years online. We cover their highlights and what comes next. The post Rooster Teeth shuts down after 21 Years appeared first on Phandroid. It is truly a sad day when inter.....»»
Tesla’s Berlin factory shuts down after suspected transformer arson
The Volcano Group, which set fires at the plant in 2021, claimed responsibility. Enlarge / Tesla halted production at the factory near Berlin and sent workers home after a fire at a high-voltage pylon caused power failures throug.....»»
Amazon to spend $1 billion on startups that combine AI with robots
“We’re also a long way off from replacing all humans.” Enlarge / Digit, a bipedal robot, is being tested at an Amazon facility in the US. (credit: Financial Times) Amazon’s $1 billion industrial innovation fund.....»»
Researchers show Reddit users caused the famous GameStop "short squeeze"
Three years ago, the stock price of the company GameStop soared over 1,625% in just a week. While it's been speculated the primary cause was unprecedented, organized action among Reddit users using a trading strategy known as a "short squeeze," resea.....»»
PlayStation lays off 900 people and shuts down London Studio
Sony Interactive Entertainment plans to lay off about 900 game developers and shut down PlayStation VR Worlds' London Studio......»»
Google, Environmental Defense Fund will track methane emissions from space
Satellite data + Google Maps + AI should help figure out where methane is leaking. Enlarge / With color, high resolution. (credit: Google/EDF) When discussing climate change, attention generally focuses on our soaring ca.....»»
Polluted paradise: Chile town waits for cleanup as coal shuts off
With its emerald green waters and white sands, the small town of Mejillones in northern Chile looks deceptively like a typical seaside resort......»»
US funds $5B chip effort after lagging on semiconductor innovation
US had failed to fund the "science half" of CHIPS and Science Act, critic said. Enlarge / US President Joe Biden speaks before signing the CHIPS and Science Act of 2022. (credit: Chip Somodevilla / Staff | Getty Images North Amer.....»»
McLaren said to seek strategic investors to fund U.K. brand"s growth
McLaren’s controlling shareholder, Bahrain's Mumtalakat Holding, has been considering bringing in additional investors who can provide capital and technological expertise for the supercar brand......»»
New paper explains why females are prone to autoimmune diseases
A system that shuts down one of two X chromosomes is targeted by auto-antibodies. Enlarge (credit: Rost-9D) Eighty percent of patients with autoimmune diseases are female. These diseases are one of the top 10 leading ca.....»»
Apple Music"s increased spatial audio royalties are taking money from independents
Smaller record labels say Apple Music has not added money to the royalty payout pool to fund its 10% incentive for spatial audio, and instead it is reducing how much it pays all but the biggest firms.Apple Music has a pot of money and it's spending m.....»»
Renault cancels planned IPO for Ampere EV unit
The automaker said it would continue to fund Ampere until it reaches break-even in 2025. The unit includes all of Renault’s EV activities and about 10,000 employees......»»
Vroom"s exit from used-vehicle retail follows struggles with too-fast growth, less forgiving market
Efforts by Vroom to raise additional capital to fund its operations were unsuccessful, leading the company to begin winding down its online used-vehicle sales platform on Jan. 22......»»
Square Enix’s Nier Automata Mobile Spin-off Shuts Down in April
The game was originally launched back in 2021 as a mobile spin-off RPG. The post Square Enix’s Nier Automata Mobile Spin-off Shuts Down in April appeared first on Phandroid. As far as mobile spin-off games go, none go as hard as Squa.....»»
ACE Shuts Down Popular Pirate Sites, 27+ ‘Instant Pirate Sites’ Fall Over
The Alliance for Creativity and Entertainment, in partnership with TrueVisions, Thailand’s leading pay-tv provider, announced the shutdown of all domains associated with two popular pirate sites. ACE has labeled one of the targets a Piracy-as-a-Ser.....»»
ACE Shuts Down Huge Football Piracy Ring, Total Destruction TBC
Right now, dozens of domains linked to live football piracy sites are redirecting to the Alliance for Creativity and Entertainment. Domains began displaying the ACE seizure banner on Saturday and the list has been growing ever since. Once complete, A.....»»
Art philanthropy in US is localized, depends on prestige of art organization, research finds
Wealthy individuals and entities have been known to fund the arts since ancient times......»»
"Sit down": Judge Kaplan shuts down Trump lawyer Alina Habba for complaining at trial
"Sit down": Judge Kaplan shuts down Trump lawyer Alina Habba for complaining at trial.....»»