Tag: Applications Software

‘I am (likely) the world’s most stupid person’: Former Microsoft and Amazon executive sentenced to 2 years for filing over $5 million in fake PPP loans

A one-time executive at both Microsoft MSFT MSFT, +0.21% and Amazon AMZN, +1.01% has been sentenced to two years in prison for falsely filing for...

Zoom Video earnings: Expectations may be coming back to earth

As Zoom Video Communications Inc. faces its first earnings report comparing results to a full-blown pandemic quarter, investors are looking more to the future. Since hitting...

Apple’s hot antitrust autumn: Storm clouds are forming from multiple directions

A decision in a landmark antitrust legal case could come by the end of the month, but that is far from the only concern bearing...

Chinese state media call video games ‘spiritual opium.’ Kids today should play pinball (yes, pinball)

Anyone who has witnessed a semi-catatonic teen playing a video game might agree with a recent stock market-moving assessment from China that the electronic medium...

Fake Covid Vaccination Cards Are on the Rise in the U.S., Europe

MILAN—As Covid-19 vaccine mandates proliferate in the U.S. and Europe, so are swindlers selling bogus vaccination certificates. The U.S. government has said federal workers must...

People are still playing a lot of videogames, but how much?

Videogame publishers anticipate the pandemic-fueled turbocharging of their industry is here to stay, but engagement is slowing and hurting their stocks. Going into earnings season,...

Take-Two stock drops after game delays, disappointing earnings outlook

Take-Two Interactive Software Inc. shares fell in the extended session Monday, after the videogame publisher topped earnings estimates for the quarter but provided a weaker-than-expected...

Activision Blizzard CEO admits ‘tone deaf’ response to allegations, ahead of employee walkout

Facing an employee revolt ahead of the videogame company’s quarterly earnings report, Activision Blizzard Inc. Chief Executive Bobby Kotick went into damage-control mode Tuesday. Responding...

The main attractions arrive: Apple, Microsoft, Google, Facebook, Amazon and Tesla headline the biggest week of earnings

The coming week will be the most important of this quarter’s earnings season — even if later weeks beat it on quantity, it will be...

Netflix lays out mobile games plan that could set a collision course with Apple

Netflix Inc.’s its expansion into videogames offers a tantalizing upside for the streaming pioneer, but also sets up a potential confrontation with Apple Inc. “We...

Biden Administration Blames Hackers Tied to China for Microsoft Cyberattack Spree

WASHINGTON—The Biden administration Monday publicly blamed hackers affiliated with China’s main intelligence service for a far-reaching cyberattack on Microsoft Corp. email software this year, part...

Oliver Daemen, 18, is ‘super excited’ to join Bezos flight and become the youngest person in space

“ “Hi, I’m Oliver Daemen, and I will be joining Jeff Bezos, Mark Bezos and Wally Funk on the first flight of New Shepard. I...

Game on? Netflix hires first videogame executive, signaling a new approach

Netflix Inc. announced its first major videogame hire Wednesday, potentially signaling a move beyond its streaming-video roots. Netflix NFLX, +1.34% hired Mike Verdu as vice...

Stay bullish and buy dips in the S&P 500 because it will keep grinding higher, says this strategist

That grind higher should continue, with the blue-chip index heading for more highs ahead, according to financial newsletter The Kobeissi Letter in our call of...

The U.S. is the country most vulnerable to a new financial crisis, Nomura warns

Wouldn’t it be great to know when financial crises are about to happen? That’s the idea behind a new warning model created by Japanese bank...

Opinion: John McAfee was one of the original genius-but-bizarre CEOs — and Elon Musk should take note

The fantastical story of antivirus-software entrepreneur John McAfee in his later years should be a cautionary tale to other genius CEOs, especially Elon Musk. McAfee,...

France’s Macron Pushes Controls on Religion to Pressure Mosques

PARIS—President Emmanuel Macron is redrawing the line that separates religion and state, in a battle to force Islamic organizations into the mold of French secularism....

Academics Bristle Over LinkedIn Blocking Their Profiles in China

SINGAPORE—Eyck Freymann, an Oxford University doctoral student, was surprised to get a notice from LinkedIn this month telling him his account had been blocked in...

Why over 80,000 people want Jeff Bezos to stay in space

Get out and stay out! That’s the message from a couple of irreverent Change.org petitions calling for Jeff Bezos to stay in space when he...

Oracle stock falls despite earnings beat, CEO expects to push more money toward cloud efforts

Oracle Corp. blew away expectations for earnings and sales to close out its fiscal year Tuesday, but shares dipped as executives revealed plans to spend...

How tech companies are bringing workers back to the office: Slowly and with ‘social’ incentives

As they return to work, employees of website platform Contentful Inc. are getting an eyeful of their new offices in Berlin and Denver and a...

Apple boosts FaceTime, messaging with iOS 15 software upgrades

Apple Inc.’s forthcoming upgrades for its iPhone operating system will aim to make FaceTime a more formidable competitor in the world of videoconferencing, while also...

Opinion: The pandemic PC boom is still happening, but twin dangers loom

After more than a year into COVID-19 pandemic, people are still buying personal computers in massive numbers, but PC makers face increasing costs to build...

Tim Cook to be Apple’s star witness Friday as antitrust trial wraps up

Apple Inc. is saving its most powerful witness for last. Chief Executive Tim Cook is scheduled to take the stand Friday to wrap up Apple’s...

Epic takes aim at Apple’s financial advantage in App Store model

Define the market, then follow the money. This was the crux of Epic Games Inc.’s legal argument much of Monday, and in all likelihood most...