A man in a keffiyeh smirks at something off-camera. Electronic Gaming Development Company (EGDC), a subsidiary of a foundation run by Saudi crown prince Mohammed bin Salman, now owns 96.18% of Japanese developer SNK following a massive investment. According to an announcement sent to SNK investors in February, EGDC recently acquired a majority of SNK’s shares on the South Korea stock exchange, where the King of Fighters and Samurai Shodown studio has been publicly traded since 2019. Read… Source link

While some experts are beginning to sound the alarm over the threat of stagflation for the remainder of 2022, a combination of surging inflation and slowing growth poses an ever-growing risk to markets. 22V Research founder Dennis DeBusschere believes that investors should indeed expect stock market returns to be muted in the medium term. “So we’ll start with the upside. It seems pretty clear to us that the Fed needs to ratchet down demand growth,” DeBusschere told Yahoo Finance Live…. Source link

Wall Street isn’t feeling JetBlue’s (JBLU) surprise bid for low-cost fare rival Spirit Airlines (SAVE). “In the near- to medium-term, we view this as a negative for JetBlue. It is a much tougher merger to execute than the proposed Frontier-Spirit merger with greater dis-synergies primarily related to labor costs but also due to greater investments related to changing cabin layouts,” said Raymond James analyst Savanthi Syth in a research note on Wednesday. “While leverage levels appear… Source link

Google is adding a new “step-by-step guided tour” of privacy and security settings in Chrome to sift through the many available controls, the company announced Wednesday. The new guide will include separate pages about some settings, each containing descriptions of what happens when a feature is turned on. There will also be notes on “things to consider,” such as the fact that turning history sync on means that the URLs you visit will be saved to your Google account. You can… Source link

Rihanna is making her debut — on Forbes’ coveted world’s billionaires list. The singer turned entrepreneur, who ranks 1,729 (out of 2,668) with a net worth of $1.7 billion, first achieved billionaire status in August. She is the first billionaire of her home country, Barbados. The annual report, which includes fellow musicians Jay-Z ($1.4 billion) and Kanye West ($2 billion), along with creators and entertainers Kim Kardashian ($1.8 billion), Steven Spielberg ($3.7 billion), Tyler Perry ($1… Source link

The world must dramatically cut greenhouse gas emissions by 2030 to avert the worst effects of climate change, according to an urgent report from the United Nations released this week. Among its recommendations, the report calls for improvements in agriculture and land use that would “help us adapt to climate change, and secure livelihoods, food and water.” The mention of water preservation acknowledges the dual threat that climate change poses for worldwide clean water access: it worsens the… Source link

It wasn’t fun to watch the Los Angeles Lakers this season. Despite some talented players, the team never got its act together. The team was mercifully eliminated from the postseason following Tuesday’s loss to the Phoenix Suns. At least one member of the organization was glad to put the 2021-22 NBA season behind him. Lakers announcer Stu Lantz was caught on a hot mic asking the Suns to “put [the Lakers] out of our misery” prior to Tuesday’s game. The audio was likely never meant to go public…. Source link

Yahoo will be an official partner of Toyota Racing Development in a multi-year agreement that will include primary schemes with the Toyota-backed teams of Joe Gibbs Racing, Kyle Busch Motorsports, Venturini Motorsports and Keith Kunz Motorsports. The partnership debuts with Christopher Bell‘s No. 20 carrying Yahoo on its car this weekend at Martinsville Speedway. Yahoo also will be the primary sponsor on Bell’s car for the Coca-Cola 600, Southern 500, Road America and the Bristol… Source link

To Gerrit Kazmaier, the distinction between managed databases and data lakes has never made much sense, and it makes even less sense today as data is piling up like soaring mountains being pushed up by tectonic forces. “That distinction was never useful,” Kazmaier, general manager of databases, data analytics, and Looker at Google Cloud, said this week at a virtual meeting with journalists and analysts. “It was a technical necessity because the data volumes have just kept growing… Source link

Yahoo will partner with Toyota Racing Development and its key NASCAR teams in a multi-year agreement. It will be the primary sponsor on several races on the No. 20 NASCAR Cup Series Toyota driven by Christopher Bell. CORNELIUS, N.C. — Yahoo and Toyota Racing Development have announced a multi-year agreement. Yahoo has been named an… Source link