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Engadget

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Disney will invest $1.5 billion in Epic Games, the creator of Fortnite, the company announced on Wednesday. As part of the initiative, Disney and Epic Games will create a brand new “games and entertainment universe” over the next few years, Disney said in a statement.

“Our exciting new relationship with Epic Games will bring together Disneys beloved brands and franchises with the hugely popular



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Bob Iger
Bob Iger shut down the idea that ABC was for sale at the DealBook Summit in November 2023.
  • Disney is taking out a $1.5 billion minority stake in the company behind "Fortnite."
  • CEO Bob Iger announced the team-up Wednesday.
  • Iger said the move will be the company's "biggest foray into the games space ever."

Disney is teaming up with video game giant Epic Games, taking out a $1.5



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The Verge

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An image illustrating a combined Disney and Fortnite metaverse.
Image: Epic Games

Disney and Fortnite maker Epic Games are teaming up to build what’s being described as an “expansive and open games and entertainment universe.” As part of the announcement, Disney revealed that it is investing $1.5 billion in an equity stake in Epic.

Details on what this metaverse-like project will look like are sparse, but here’s how Disney explains it:



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The Verge

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They look like tiny Macintosh computers plugged into a power strip.
The Sharge Retro 67 and Retro 35 chargers.

When my colleague Chris Welch shared his favorite USB-C travel charger with the world last week, I took it as a challenge. I humbly submit that my charger is just as small and powerful as his Belkin — and it has a built-in screen and power meter so you can see how well your gadgets are charging!

Oh, and it looks like a tiny



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House in Florida destroyed by a passing hurricane.
Homes and buildings would get ripped apart by sheet force if Earth stopped rotating on its axis.
  • More than 18 million occupied rental units are exposed to climate-related risks, Harvard's Joint Center for Housing Studies said in a new study.
  • This could strain rental stock supply, boost prices, and cause a jump in evictions.
  • It's also leading to an insurance pullback, while



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A diverse workforce in the office laughing.
Ancestry's global director of talent is dedicated to making the company's hiring more inclusive.
  • Dani Allen is the global director of talent acquisition at Ancestry.
  • Allen uses workflow software, CRM systems, and AI to make the recruiting process more diverse.
  • Allen also collaborates with nonprofits to attract more diverse talent.
  • This article is part of "Talent Insider," a



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The zombie economy is haunting the stock market
The zombie economy is haunting the stock market
  • The "zombie economy" is haunting the stock market and stoking uncertainty, Canaccord Genuity's chief market strategist told Bloomberg.
  • High interest rates have boosted borrowing costs, creating "zombie" companies lurking around the economy.
  • But the US has still seen strong economic growth, clouding the outlook on a recession and

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Black Friday shopping at a mall.
NDR said the global economy isn't yet facing a downturn.
  • Ned Davis Research said economic indicators suggest the odds of a global downturn are diminishing.
  • Growth signals are accelerating in 2024, and Red Sea supply chain snags have had minimal impact.
  • "The global economic lull we saw in the second half of 2023 appears to be abating."

What recession? 

Wall Street has


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Mitch McConnell gestures to Mike Johnson
Senate Minority Leader Mitch McConnell gestures to House Speaker Mike Johnson.
  • This week has shown the extent of congressional Republicans' struggles.
  • Now, even the Senate GOP seems to be going through it.
  • Trump has clearly worsened the situation, but the rot was there long before him.

House Republicans' rudderless direction has begun to spread across the Capitol.

No, chaos


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