Big Climate Bill: Big New Expenses to Boost Green Energy

By SETH BORENSTEIN, MATTHEW DALY and MICHAEL PHILLIS August 11, 2022 GMT WASHINGTON (AP) — After decades of inactivity in the face of escalating natural disasters and ongoing global warming, Congress hopes to make clean energy so cheap in all aspects of life that it is almost irresistible. The House is about to pass … Read more

Ex-poor boss leaves Chinese chipmaker amid tensions between US and China | Technology

Tudor Brown is stepping down from the board of directors of Semiconductor Manufacturing International Corporation after nine years. Tudor Brown, the former president of Arm Ltd., has resigned from the board of directors of Semiconductor Manufacturing International Corp. and is getting out of the Chinese chipmaker hit by US sanctions. Brown, a celebrated engineer who … Read more

10 stocks that should shine in a 2023 recession: Citi

As the risk of a recession approaches, city Group has created a screen of 30 stocks to help investors find opportunities in the second half of 2022. Stocks have recovered in recent weeks, with major indices rising double-digit from their June lows. The S&P 500 is up about 10% since the end of June, bringing … Read more

Chinese gamers press pause button amid few titles, tough economy | Technology

Beijing, China – Before China started tackling video games, Zhang “Yvan” Yifan had no shortage of new titles to play. Today, Zhang and his friends struggle to find games that pique their interest, after authorities halted licensing for nine months amid concerns about rising addiction in the world’s most populous nation. So far, the Chinese … Read more

Microsoft Xbox, Sony PlayStation, Nintendo: Rounding Out Video Game Revenue

A gamer plays on Sony’s Playstation 5 console at his home in Seoul. Yelim Lee | AFP via Getty Images The video game giants saw their sales decline in the second quarter as the initial tailwind of the Covid pandemic faded. In the three months ended June, Microsoft, Sony and Nintendo each posted disappointing results … Read more

London must bolster its post-Brexit tech boom

Other technology companies are expanding just as fast. Apple is planning a massive new campus at the redeveloped Battersea Power Station. Google has a huge headquarters in central London, while work is being completed on the King’s Cross building, complete with a swimming pool and sports track. Meanwhile, Bloomberg, the financial terminal and media company, … Read more

GamePass vs. The new PS Plus, the comparison we had to make

Image: Sony / Microsoft / Kotaku Two months ago, Sony reinvented PS Plus, the old membership program for PlayStation owners. Now it’s very much like Microsoft’s Game Pass: for about the same money, both offer access to a Netflix-esque games-on-demand library. Obviously, we had to stack the two services against each other. Price Game Pass … Read more

Netflix’s video game push means few subscribers are playing

Netflix is ​​accelerating its push into video games with plans to double its offerings by the end of the year, but few subscribers are playing from the streaming giant for now. Since November last year, the company has been rolling out the games as a way to keep users engaged between show releases. The games … Read more

GameStop sold NFT games without ‘permission’, developer claims

Image: Gamestop / Krystian Majewski / Kotaku GameStop proved once again with their NFT shenanigans that an unregulated market built on planet-destroying technology, and this might shock you, isn’t a great idea. In a thorough report of Ars Technica, the GameStop NFT market is once again the subject of controversy, as an NFT miner on … Read more

Elon Musk predicts mild 18-month recession, teases share buybacks

Tesla CEO Elon Musk makes a gesture as he visits the construction site of Tesla’s Gigafactory in Gruenheide near Berlin, Germany, on August 13, 2021. Patrick Pleul | Reuters At Tesla’s 2022 shareholder meeting on Thursday, investors asked CEO Elon Musk how the company plans to spend its money in the coming years and its … Read more