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Take-Two Interactive to acquire Borderlands maker Gearbox Entertainment from Embracer

(Reuters) - Video game publisher Take-Two Interactive Software said late on Wednesday it has come to an agreement to acquire U.S. game developer Gearbox Entertainment from Sweden's Embracer, with the

Short sellers target Reddit shares as stock slips

By Saqib Iqbal Ahmed NEW YORK (Reuters) - Reddit stock's stellar market debut has drawn significant bearish bets against the social media forum in its first few days of trading, data from analytics

US offers $10 million bounty for info on ‘Blackcat’ hackers who hit UnitedHealth

WASHINGTON (Reuters) - The U.S. State Department on Wednesday offered up to $10 million for information on the "Blackcat" ransomware gang who hit the UnitedHealth Group's tech unit and snarled

US urges allies to bar firms from servicing key chipmaking tools for China

By Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) - The United States is asking allies to stop domestic companies from servicing certain chipmaking tools for Chinese customers, a U.S.

US is urging allies to bar firms from servicing key chipmaking tools for China

WASHINGTON (Reuters) - The Biden administration is asking allies to stop domestic companies from servicing certain chipmaking tools for Chinese customers, a U.S. Commerce department official said on

New AI benchmark tests speed of responses to user queries

By Max A. Cherney SAN FRANCISCO (Reuters) - Artificial intelligence benchmarking group MLCommons on Wednesday released a fresh set of tests and results that rate the speed at which top-of-the-line

Egan-Jones backs activist Peltz for Disney’s board as proxy battle rages

(Reuters) - Egan-Jones has become the second proxy advisory firm to back Nelson Peltz's push for board seats at Walt Disney, the activist investor's asset management firm said on Wednesday as it takes

Coinbase must face US securities regulator’s lawsuit

By Hannah Lang and Jody Godoy (Reuters) -A federal judge in Manhattan on Wednesday said the U.S. securities regulator's lawsuit against Coinbase can move forward, but dismissed one claim the agency

GameStop shares fall as video game retailer faces competition, weak spending

(Reuters) -GameStop's shares fell more than 14% on Wednesday, as the brick-and-mortar video game retailer reported a decline in fourth-quarter revenue on the back of a spending slowdown and rising

Millions of Pakistanis’ data breached, sold in Argentina, Romania

Pakistan's JIT report highlights data breach, recommends measures to protect citizens' data

On Camera

How govt brought Vodafone Idea back from the brink & earned a neat profit in the process

In 2021, the government allowed telcos to convert interest on deferred spectrum payments and AGR dues into equity. This made it the single largest stakeholder in Vodafone Idea.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.