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It costs more to send your kid to day care than to college

The soaring costs of child care have scored a starring role on the campaign trail, with both candidates offering up ways to lower expenses for parents of young children. A new study shows exactly why this is...

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Ubisoft Acquires Mobile Publisher Ketchapp

Ubisoft has acquired free-to-play mobile publisher Ketchapp, which has put out titles such as 2048, ZigZag, and Stack. According to Ubisoft, Ketchapp games have been downloaded 700 million times since the creation of Ketchapp...

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‘Partnership on AI’ formed by Google, Facebook, Amazon, IBM and Microsoft

Google, Facebook, Amazon, IBM and Microsoft are joining forces to create a new AI partnership dedicated to advancing public understanding of the sector, as well as coming up with standards for future researchers to...

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Spotify in advanced talks to buy SoundCloud

Spotify, the music streaming service, is in advanced talks to acquire SoundCloud, as competition heats up with Apple for the future of digital music, according to people briefed on the discussions. SoundCloud’s investors include...

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Wells Fargo CEO Stumpf to forfeit $41 million in unvested equity amid independent probe

Wells Fargo CEO John Stumpf will forfeit about $41 million in unvested equity and forgo his salary, as the company’s independent directors launch an investigation into the company’s retail banking practices. The announcement comes...

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Esports Outfit Team Liquid Sells To NBA, MLB Team Owners

Team Liquid is currently one of the biggest names in eSports, having fielded top-tier teams and players in competitive games like StarCraft, Dota 2, Street Fighter, and Super Smash Bros. Melee. The team has...

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Merger of world’s biggest beer makers clears final hurdle

A deal worth more than $100 billion to combine the world’s two biggest beer companies cleared its last major hurdle Wednesday when the shareholders of SABMiller approved the takeover by Budweiser maker Anheuser-Busch InBev....

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World’s largest IPO this year goes over like a wet firecracker

It may have been the world’s largest initial public offering (IPO) in two years, but shares of Postal Savings Bank of China (PSBC) hit the Hong Kong market like a wet firecracker on Wednesday....

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China’s Wanda Group in talks with Dick Clark Productions

Chinese real estate and entertainment conglomerate Dalian Wanda is in talks to finalize a deal with Dick Clark Productions, according to a statement on Monday, as the Chinese firm seeks to expand its growing...

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Soma Turns A Profit After Selling Nearly Half A Million Copies

Six months ago, Frictional Games detailed that its psychological thriller Soma was nearing profitability, and that it had sold 250,000 copies. Now, a year since its launch, the developer has come forward to say...

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