AETOLIA CAPITAL

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‘Play, don’t show’: How VR storytelling compares to movies

After working on triple-A blockbuster games, virtual reality experiences, blockbuster VFX films, digital TV, and feature animation, I wanted to share what I’ve learnt along the way. In particular three elements I think great stories all have and tools to use in your stories. With that though, …

Epic Games announces $100 million prize pool for upcoming Fortnite season

If you can barely stop playing Epic Games’ ridiculously successful <i>Fortnite</i> long enough to read this sentence, you might be interested to know the company will soon offer the biggest prize pool in esports history.<p>According to a company blog post:<p>In the 2018 – 2019 season, Epic Games will provide …

Mnuchin Urges Antitrust Probe of Tech After Google Report

Treasury Secretary Steven Mnuchin urged the Justice Department to review the power that large technology firms such as Google have over the American …

Facebook and Qualcomm are bringing super-fast WiFi to cities

Facebook wants to be everywhere on the planet, even if that means building the internet itself. To that end, it recently unveiled Terragraph, a millimeter-wavelength, 60GHz wireless system that can blast the internet through buildings in urban areas. Now, its plans to use the tech just go more, …

Google Fiber

Shopify slumps after Adobe announces acquisition of e-commerce rival Magento

Updated Moments Ago<p>Analysts found CVS' products were 20 percent more expensive than Amazon's at the median, while Walgreen's were 22 percent higher …

Stock Markets

Google, Microsoft find another Spectre, Meltdown flaw

Intel and Microsoft on Monday disclosed a newly found variant of the Spectre and Meltdown security flaws, revealing another vulnerability in chips used in hundreds of millions of computers and mobile devices.<p>Intel is calling the new strain "Variant 4." While this latest variant taps into many of …

China Couldn’t Keep Growing Like Mad Forever

Scarcity, not abundance, will define the nation’s future.<p>China, not the U.S., is the world’s largest economy. Though the U.S. is still tops when measured at market-exchange rates, China is about 20 percent larger after adjusting for the lower cost of goods and services there. The latter metric is …

Comcast just got one step closer to buying British broadcaster Sky

Comcast is on the cusp of getting approval from the UK government to buy British broadcaster Sky for £22 billion ($31 billion). The approval will bring the American company a step closer to scooping up a valuable international asset that Disney is also competing for.<p>Matt Hancock, the government's …

Comcast

Banks Are Getting Another Volcker Rule Win

Banks have long complained that steep compliance burdens make it almost impossible to use an important break they got in the Volcker Rule to hedge …

Rising Dollar Sparks Tumult in Emerging Markets

U.S. currency’s rally puts spotlight on weaknesses in a broad range of emerging-market assets<p>A resurgent dollar is exposing weaknesses in the developing world, pushing investors to unwind long-held bets on emerging-market stocks, bonds and currencies.<p>Ripples from the dollar’s comeback have spread. …

Stock Markets

Steel Stocks Are Monday's Biggest Losers From Cooling China Trade Tensions

Not everyone is happy that the U.S. paused tariffs against China.<p>Steel stocks were falling precipitously after U.S. Treasury Secretary Steve Mnuchin …

General Electric continues transformation; $11B rail deal

General Electric will tie its train engine division to the railroad equipment maker Wabtec in deal worth about $11 billion as GE CEO John Flannery continues to break off parts of the conglomerate.<p>Wabtec CEO Raymond Betler will lead the combined company and its chairman, Albert Neupaver, will be …

Wall Street ignoring ‘stealth slowdown’ in economy, warns former super bull

The Economic Cycle Research Institute’s Lakshman Achuthan tells investors not to get too comfortable with the stock market’s latest rally.

Xiaomi's IPO Will Make Dozens of Lucky Workers Millionaires

Eight years ago, before China’s Xiaomi Corp. had sold a single smartphone, 56 of the earliest employees pulled together $11 million to invest in the …

Venture Capital

18 Top Stocks Hedge Funds Own That Goldman Sachs Thinks Will Keep Outperforming

Out of stock ideas? Might want to play the top trades of the hedgies.<p>While the average equity hedge fund has returned a decent 2% year to date says …

Corporate Bonds Sink Fast in One of Worst Tumbles Since 2000

You need to rifle through 18 years of history to find selloffs that compare to the one corporate bond investors are now enduring.<p>Debt of American …

The Largest Pot Stock in the World Is Moving to the NYSE

This will be the first marijuana stock to list on the New York Stock Exchange.<p>In just over two weeks, the Canadian federal government will be making …

How One Company Scammed Silicon Valley. And How It Got Caught.

<b>BAD BLOOD</b> <b><br>Secrets and Lies in a Silicon Valley Startup</b><br>By John Carreyrou<br>352 pp. Alfred A. Knopf. $27.95.<p>In 2015, Vice President Joe Biden visited the Newark, Calif. laboratory of a hot new start-up making medical devices: Theranos. Biden saw rows of impressive-looking equipment — the company’s …

Silicon Valley

Sears Is Quietly Closing 40 Stores in 24 States. Here's the Full List of Locations

Sears has cut its store count in half in the last five years.<p>Sears is quietly closing at least 40 stores in 24 states, in addition to the 166 stores …

Venezuela in Crosshairs of U.S. After Maduro Wins Shunned Election

Nicolas Maduro of Venezuela is bidding to join the ranks of presidents for life. His biggest obstacle is the grinding economic crisis that he created.<p>…

3 Great Alt-Coins To Buy Right Now

As we saw in the cryptocurrency bull market of 2017, alt-coins are where the rewards lie. Sure, investing in mainstream cryptocurrencies like …

Overstock CEO on Blockchain: 160 Industries Could be Disrupted

Overstock.com became the first major retailer to accept cryptocurrency in 2014 when bitcoin was trading under $500. Now, the company is tripling down …

CRYPTO INSIDER: Drugs, naked dancers, and more at New York's blockchain week

<b>Welcome to Crypto Insider, Business Insider's roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here to get this email delivered direct to your inbox.</b><p>"If I offer you coke, do you promise not to write about it?" was just one of the wild anecdotes our reporter …

How The Wealthiest Person In Every State Got Rich

One hundred years ago, the richest person in California likely would have been a railroad baron. In Texas, it would have been an oil tycoon, and in New York a banker.<p>Today, as the world gets smaller and technology moves faster, the way some of America’s richest people make their money seems to be …

Bridgewater Associates

Why are there so many Russians in crypto?

No country can claim to be at the center of the crypto world, though many would like to. Bitcoin, after all, was designed to be a stateless digital currency. Ethereum’s deepest thinkers are a roving band of Airbnb-surfing programmers scattered around the world.<p>But even if there’s no central hub for …

Cryptocurrency

Stocks Retreat as North Korea Summit Looks Iffy: Markets Wrap

U.S. stocks erased early gains and turned lower Tuesday as optimism over improving trade relations with China gave way to renewed concerns about …

Here's Why This Multi-Billion Dollar Portfolio Manager Is Worried About The Stock Market

Everyone is wondering how long this bull market will last. The answer could be not much longer, according to one multi-billion dollar investment adviser . “I know that stocks can get expensive and stay expensive for some time, but these levels may not be sustainable,” says James Bruyette, founder …

Consumer Reports: We can't recommend Tesla's Model 3

The Tesla Model 3 is not good enough to earn a recommendation from Consumer Reports, the magazine said. While the car is exciting to drive, difficult controls and weak brakes prevented it from getting the publication's much-sought-after approval.<p>Consumer Reports has said the larger and more …

Tesla

U.S. Suspends Tariffs on China, Stoking Fears of a Loss of Leverage

WASHINGTON — The Trump administration has suspended its plan to impose sweeping tariffs on China as it presses forward with trade talks, a gesture that will temporarily ease tensions between the two nations but rapidly increase pressure on President Trump to secure the type of tough deal that he …

Donald Trump

How GDPR Will Transform Digital Marketing

This month will see the enforcement of a sweeping new set of regulations that could change the face of digital marketing: the European Union’s General Data Protection Regulation, or GDPR. To protect consumers’ privacy and give them greater control over how their data is collected and used, GDPR …