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The Morning After: Apple announces an iPad event for May 7
The biggest news stories this morning: Adobe’s new upscaling tech uses AI to sharpen video, BlizzCon 2024 is canceled, The world’s biggest 3D printer can make a house in under 80 hours.
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Microsoft Updates MS-DOS GitHub Repo To 4.0
We’re not 100% sure which phase of Microsoft’s “Embrace, Extend, and Extinguish” gameplan this represents, but just yesterday the Redmond software giant decided to grace us …
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Fallout 4 Next-Gen Update Riddled With Issues
Bethesda’s highly anticipated next gen update for Fallout 4 is riddled with issues across PlayStation, Xbox, and PC.
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Escape from Tarkov devs attempt to put out fire caused by $250 ‘pay to win’ edition by giving everyone access to an exclusive game mode – but only for 6 months
How do you solve a pay to win fiasco? More pay to win content, apparently
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Citi Trims Fed Bet for 2024, Still Sees 100 Basis Points of Cuts
Economists at Citigroup Inc. dialed back their expectations for interest-rate reductions from the Federal Reserve this year after Friday’s release of underlying inflation data was stronger than the bank’s estimates.
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Inflation Data Reinforce Powell’s Shift Toward High for Longer
Fresh inflation data released Friday cemented the message from Federal Reserve Chair Jerome Powell last week that high interest rates are here to stay for now.
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RedBird IMI to Kick Off Sale of Telegraph After UK Ban
RedBird IMI is set to walk away from its takeover of the Telegraph, according to a person familiar with the matter, in a move likely to trigger another bidding war for the UK newspaper group.
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Charter Drops on Customer Loss as Subsidy for Five Million Wanes
Charter Communications Inc. missed profit estimates and reported steeper customer losses than predicted, while warning that more users will drop service with the expected expiration of a federal broadband subsidy.
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IBM Plots $730 Million Expansion of Canadian Semiconductor Site
International Business Machines Corp. will expand its Canadian semiconductor packaging and testing plant with more than C$1 billion ($730 million) in investments over the next five years.
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End of ‘Scorched Earth’ Years for US IPOs Hinges on Lower Rates
Companies are increasingly piling into a re-energized market for initial public offerings, and if the Federal Reserve finally stops punting on interest rate cuts, the trend may have room to run.
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