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Virtual reality gears from Pico are displayed on the sidelines of the Olympic Esports Week in Singapore June 23, 2023. REUTERS/Edgar Su Acquire Licensing Rights NEW YORK, Sept 13 (Reuters Breakingviews) – Unity Software (U.N) is finding out just how hard the revenue game will be. The $14 billion company’s new plan to climb out …

May 12 (Reuters) – Luminar Technologies (LAZR.O) CEO Austin Russell will buy a majority stake in Forbes Global Media Holdings in a deal that values the business news publisher at nearly $800 million, Russell and Integrated Whale Media Investments (IWM) said in a statement on Friday. The automotive tech billionaire has agreed to acquire 82% …

June 30 (Reuters) – Enjoy Technology Inc (ENJY.O), a Silicon Valley retailer led by former Apple Inc (AAPL.O) and JC Penney Co executive Ron Johnson, filed for bankruptcy protection on Thursday, fewer than nine months after going public through a special-purpose acquisition company (SPAC). The Palo Alto, California-based startup said it plans to sell its …

May 10 (Reuters) – Billionaire Elon Musk said on Tuesday he would reverse Twitter’s ban on former U.S. President Donald Trump when he buys the social media platform, the clearest signal yet of Musk’s intention to cut moderation of the site. Musk, the world’s richest person and chief executive of electric vehicle maker Tesla Inc …

A copy of the Miami Herald is shown on a supermarket rack in Doral, Florida, U.S., March 18, 2019. Picture taken March 18, 2019. REUTERS/Joe Skipper Register now for FREE unlimited access to Reuters.com Register May 9 (Reuters) – The Miami Herald won the Pulitzer Prize for breaking news on Monday, the prize administrator announced. …

LOS ANGELES, May 4 (Reuters) – Comedian Dave Chappelle was attacked on stage on Tuesday night at the Hollywood Bowl in Los Angeles by an assailant who tackled him to the ground before being apprehended and arrested, video footage verified by Reuters showed. The New York Times reported that Chappelle, 48, left the stage following …

HONG KONG, April 14 (Reuters) – To fight COVID, Hong Kong shut schools and businesses, nearly sealed its borders for two years, banned more than two people from gathering and quarantined whole buildings. Still the draconian restrictions were unable to contain the coronavirus, and with more than 8,600 deaths of mostly elderly, unvaccinated people, many …

Logo of an Apple store is seen as Apple Inc. reports fourth quarter earnings in Washington, U.S., January 27, 2022. REUTERS/Joshua Roberts Register now for FREE unlimited access to Reuters.com Register NEW YORK, March 8 (Reuters) – Apple Inc (AAPL.O) on Tuesday added 5G connectivity to its low-cost iPhone SE and iPad Air and introduced …

The U.S. Capitol is seen at sunrise. Washington, U.S. January 11, 2021. REUTERS/Erin Scott A bipartisan group of lawmakers in the U.S. House of Representatives introduced four bills on Friday aimed at reining in the power of the tech giants, with one potentially leading to their break-up. Two of the bills address the issue of …

Apple Inc (AAPL.O) is in early-stage talks with China’s CATL (300750.SZ) and BYD (002594.SZ), about the supply of batteries for its planned electric vehicle, four people with knowledge of the matter said. The discussions are subject to change and it is not clear if agreements with either CATL or BYD will be reached, said the …