The latest installment in the Civilization series, Civilization VII, takes a dramatic departure from its predecessors by introducing chaotic transition periods where latent challenges emerge simultaneously. This new gameplay mechanic is supported by historical events that often occur suddenly and with significant consequences. As Yussef Cole notes, this game’s approach to crisis scenarios mirrors real-world … Read more
The Financial Times offers a digital subscription plan that provides complete access to its quality journalism, available at €69 per month. To get started, simply register and enjoy benefits such as reading free articles, receiving newsletters, following topics, and accessing the popular Alphaville markets and finance blog. A 10% discount is available for the first … Read more
SoftBank is close to finalizing a $40 billion primary investment in OpenAI, valuing the company at $260 billion pre-money. The funding will be paid out over 12-24 months, with the first payment coming as soon as spring. SoftBank’s stake would increase its valuation of OpenAI from $157 billion to $300 billion post-money. The new funding … Read more
A US-based operator of popular surf, skateboarding, and swimwear retailers Billabong, Quiksilver, and Volcom has filed for Chapter 11 bankruptcy, citing macroeconomic issues such as rising interest rates, inflation, and supply chain delays. The company, Liberated Brands LLC, operates 124 retail locations across the US, which will close once the bankruptcies are completed. Liberated Brands’ … Read more
Sony’s PlayStation Network (PSN) experienced a nearly 24-hour outage starting Friday, disrupting online gaming and the digital economy surrounding the service. The outage prevented gamers from playing or purchasing games, causing frustration among users. PSN has since been restored, but not before Sony’s stock took a 2% dip in after-hours trading. Despite this, many users … Read more
Mavericks fans gathered outside American Airlines Center on Saturday to express their discontent over the trade that sent star player Luka Doncic to the Los Angeles Lakers. The team’s general manager, Nico Harrison, has been subject to death threats and racial epithets since the deal, prompting calls for his dismissal. The trade has been a … Read more
A group of New York City pension funds is seeking an injunction in Delaware Chancery Court to pause the $8 billion Paramount-Skydance merger, citing excessive benefits for Shari Redstone as controlling shareholder. The lawsuit claims that Redstone rejected a $26 billion offer from Sony and Apollo Global Management before pursuing the deal with Skydance, raising … Read more
A commuter plane crash in western Alaska has killed 10 people, making it one of the deadliest plane crashes in the state in 25 years. The single-engine turboprop plane was traveling from Unalakleet to Nome when it disappeared Thursday afternoon and was found the next day after an extensive search. The plane, operated by Bering … Read more
The US Environmental Protection Agency (EPA) is facing a massive challenge in clearing up lithium-ion batteries after the California wildfires. The task, dubbed the largest wildfire cleanup in the agency’s history, aims to remove thousands of electric vehicles and bulk energy storage systems from the affected areas. California is the nation’s largest market for electric … Read more
Ben Simmons has agreed to a contract buyout with the Brooklyn Nets and plans to sign with the Los Angeles Clippers once he clears waivers, according to sources. The 28-year-old three-time All-Star joins the Clippers as a high-upside addition in the buyout market, following in the footsteps of successful buyouts by Russell Westbrook, Nicolas Batum, … Read more