eBay has officially rejected GameStop’s offer to buy the online marketplace for $56 billion, citing concerns around “operational risks” and how the acquisition will be financed. In a letter to GameStop CEO Ryan Cohen on Tuesday, eBay’s board of directors said it has “concluded that your proposal is neither credible nor attractive.” “We have taken […]
In late April, Palantir – the software company that, in recent years, has perhaps become best known for its defense industry contracts and work with Immigration and Customs Enforcement – announced that it would be adding new products to its merch store. The latest offering was a cotton chore coat. At $239 and in bright […]
Nintendo is raising the price of its Switch 2 console globally, “in light of changes in market conditions,” and is now forecasting a drop in sales over the next year. Starting September 1st, the Switch 2 will cost $499.99 in the US, up from its current $449.99 price. At the same time, prices will also […]
Earlier this year, after a tumultuous period serving as the former second-in-command at the FBI, Dan Bongino went back to what he is perhaps known best for: video podcasting. After Bongino exited the role in January, he began promotion for the return of his podcast, The Dan Bongino Show. He bought out a billboard in […]
The strongest witness for Elon Musk’s case against OpenAI so far has been Greg Brockman’s journal. Brockman himself is running as a close second. Brockman was called to the stand in a rather unusual way – he was cross-examined first, followed by a direct examination – and he had some serious high school debate club […]
Amazon might have a part in delivering all kinds of stuff to your door soon, as its massive shipping network opens up to other companies outside its marketplace, more directly competing with giants like DHL, UPS, and FedEx. The new Amazon Supply Chain Services (ASCS) will offer freight, distribution, fulfillment, and parcel shipping to businesses […]
GameStop has made an offer to acquire eBay for $56 billion, which comes as part of GameStop CEO Ryan Cohen’s plan to transform the online marketplace into a “legit competitor to Amazon,” he tells The Wall Street Journal. In an announcement on Monday, eBay says it will “carefully review” the unsolicited proposal, adding that it […]
The ultra-low-cost air carrier Spirit Airlines shut down operations after 34 years in business and canceled all flights at 3AM ET on Saturday morning. Its website now redirects to spiritrestructuring.com, instructing fliers not to go to airports, with air traffic control records capturing controllers and pilots signing off to each other as its last flights […]
Rivian reported its first quarter earnings of 2026, providing us a closer look at the company’s financial health as it kicks off production for the crucial R2 electric vehicle. We’ve already got Rivian’s production and delivery statement from the first three months of the year. The company sold 10,365 vehicles in Q1, representing 20 percent […]
Meta is planning to pump billions more into AI investments this year, despite noting that millions of users have seemingly started to abandon its platforms. In an earning call on Wednesday, Meta reported that figures for “Family daily active people” – the term Meta has coined for all collective users of Facebook, Instagram, WhatsApp, or […]