Yahoo News

AppLovin (APP), which makes and markets mobile games, started trading on the Nasdaq on Thursday after pricing at $80 per share Wednesday and was down 18.5% by the close of the market. With mobile games like “Save the Girl,” “Yes That Dress,” “Fruit Clinic” and “Nails Done,” AppLovin has carved out a space away from traditional gaming ecosystems dominated by the likes of Activision (ATVI), Sony (SONY), and Nintendo that attract “the male-centric, usually skewing younger gamer,” AppLovin… Source link

(Bloomberg) — Nikola Corp. shares came within a few cents of erasing all of their gains since the electric-vehicle startup went public last year, a sign investors are souring on its prospects after a series of snafus. The stock closed down 9.5% at $10.63 in New York trading Thursday amid a broader slump in EV stocks. That’s the lowest in a year and approaching the $10 level at which VectoIQ Acquisition Corp., the special-purpose acquisition company that acquired Nikola, debuted in June… Source link

The Week Body camera footage shows Chicago police officer shooting 13-year-old boy with hands raised A Chicago police watchdog group released body camera footage on Thursday that showed an officer fatally shooting 13-year-old Adam Toledo. Last month, a Chicago police officer chased Toledo down an alley after responding to a call of shots fired, and saw what appeared to be a gun in his hand, reports NBC News. After the officer yelled “police, stop,” Toledo turned and raised his hands, neither… Source link

The New York Times ‘No Victory Dance’: Veterans of Afghan War Feel Torn Over Pullout Was it worth it? After two decades of midnight watches and gut-twisting patrols down bomb-riddled roads, after all the deaths and bloodshed and lost years, that was the one inescapable question on Wednesday among many of the 800,000 Americans who have served in Afghanistan since 2001. “There’s no easy answer, no victory dance, no ‘we were right and they were wrong,’” said Jason Dempsey, 49, who… Source link

Microsoft Edge Kids Mode is designed to let kids browse the web safely, without forcing parents to deal with cumbersome parental control software. (Image: Microsoft) Microsoft (MSFT) on Thursday debuted a new kids mode for its Edge web browser, the first such feature from any major browser. The move, the company says, is meant to ensure that parents can let their children jump online without worrying about the kind of content they’ll come across. Available starting today, Microsoft Edge Kids… Source link

Amazon’s founder Jeff Bezos acknowledged Thursday that his new annual letter to shareholders would be his last as CEO. But that reiteration has done nothing to shake Wall Street’s confidence in the e-commerce behemoth’s future financials, although the leadership change is being very closely watched for potential stumbles.   “Well, I think Bezos probably goes down as the best entrepreneur of this generation in a way like Steve Jobs was and Bills Gates was. We’ll see about the next generation…. Source link

Reuters Motor racing-Canadian Grand Prix cancelled for second year – CBC With the spread of new COVID-19 variants and Canada battling to contain a third wave of the virus, Montreal public health authorities concluded that even if run behind closed doors without spectators the risks were too high, reported the CBC. F1 officials, according to the CBC, wanted to bypass the mandatory 14-day quarantine for the hundreds of staff, crew members and drivers and rely on private medical staff and have… Source link

Coinbase Global (COIN) shares traded higher Thursday morning following a volatile first day on the public markets.  Shares rose about 4% to reach $341.47 per share as of 9:41 a.m. ET. A day earlier, Coinbase shares closed at $328.28, falling 14% from an opening price of $381. Shares reached as much as $429.54 during Wednesday’s afternoon session in the minutes immediately following Coinbase’s opening trade.  Based on Coinbase’s closing price on Wednesday, the company commanded a fully… Source link

The Telegraph Royal family release unseen pictures of Duke of Edinburgh surrounded by great-grandchildren Until now it had remained a cherished family photograph, unseen by the rest of the world. Showing the Queen and the Duke of Edinburgh surrounded by seven of their great-grandchildren at Balmoral Castle, the precious image had been kept under wraps. But Prince Philip’s death at the age of 99 on Friday has prompted the 94-year-old monarch to open the treasured royal family album in memory of… Source link

Bloomberg Biden Sanctions Russia, Restricts Buying New Debt After Hacking (Bloomberg) — President Joe Biden ordered fresh sanctions on Russia, including restrictions on buying new sovereign debt, in response to allegations that Moscow was behind a hack on SolarWinds Corp. and interfered with last year’s U.S. election.The new measures sanction 32 entities and individuals, including government and intelligence officials, and six Russian companies that provide support to the Russian… Source link