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One week after Microsoft laid off nearly 2,000 employees in its gaming division, the Federal Trade Commission is accusing Microsoft of contradicting its pledge to allow Activision Blizzard to operate independently post-acquisition. The FTC filed a complaint in a federal appeals court on Wednesday, arguing that last week's downsizing, which affected employees of Activision Blizzard, "contradicts

Surprise sequels don’t get announced every day, but Disney just pulled one out of Sorcerer Mickey’s hat. Moana 2—the follow-up to 2016's Moana, Disney+’s most-streamed film of 2023—is coming, and it’s coming this year. How is that possible? It was announced as several years ago as a sequel series for Disney+, but is…

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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

• 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

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:

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

• 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

• 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

It was forty years ago this week that two NASA astronauts embarked into uncharted orbital waters, becoming the first to perform a spacewalk without the benefit of a tether. These thrilling photos remind us of this extraordinary moment in spaceflight history.

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• 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

The Oscars are quickly approaching and the anticipation to see if Ryan Gosling will perform “I’m Just Ken” from the Barbie movie continues to build. Recently Gosling politely declined an invite from Clive Davis to perform it at a Grammys gala, so the film’s music producer Mark Ronson tapped Lainey Wilson to sing the…

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• 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