The Latest Breaking News from Wikimedia Commons

The combination of Russia's decades-old fear of an eastwards-expanding NATO and its own invasion into Ukraine seems to have had an adverse effect: non-aligned Finland and Sweden strongly considering joining the anti-Russian alliance and increasing the tense stand-off between Moscow and the west.

Microsoft Corp's (NASDAQ:MSFT) ZeniMax Media postponed two of its anticipated video games until the first half of 2023, marking a slip for the Xbox. ZeniMax unit Bethesda Softworks is producing Starfield, a space-themed action role-playing game, Bloomberg reports. ZeniMax's Arkane Austin is developing Redfall, a first-person shooter. Microsoft’s Xbox Game Pass subscription service has 25 million…

Telecoms group Vodafone Group Plc (NASDAQ:VOD) is in talks to combine its U.K. operations with Three UK, the mobile operator owned by Hong Kong infrastructure conglomerate CK Hutchison Holdings LTD (OTC:CKHUY), the Financial Times reports.  The deal could help consolidate the British mobile market as Vodafone faces pressure from Europe’s most prominent activist investor, Cevian…

Six Flags Entertainment Corp (NYSE:SIX) reported first-quarter FY22 sales growth of 68% Y/Y to $138 million, beating the consensus of $122.26 million. The revenue increase was driven by higher attendance and guest spending per capita. Attendance was 1.7 million guests in the quarter, a 25% Y/Y increase. Total guest spending per capita was…

Toyota Motor Corp (NYSE:TM) has unveiled its first mass-produced battery electric car in Japan, Reuters reported. The car is being made available for only lease, a strategy the automaker said will ease driver concerns about battery life and resale value. Toyota will lease the bZ4X sport utility vehicles (SUV) at the equivalent of…

Machine learning and other artificial intelligence (AI) methods have had immense success with scientific and technical tasks such as predicting how protein molecules fold and recognising faces in a crowd. However, the application of these methods to the humanities are yet to be fully explored.

Coupang Inc (NYSE:CPNG) reported first-quarter revenue growth of 22% year-over-year to $5.12 billion, +32% on a constant currency basis, missing the consensus of $5.25 billion. Active customers increased by 13% Y/Y, and total net revenues per Active Customer improved by 8% Y/Y to $283. The total gross profit was $1.04 billion (+42%…

Prologis Inc (NYSE:PLD) proposed to acquire Duke Realty Corporation (NYSE:DRE) in an all-stock transaction valued at  $61.68 per Duke Realty share. Under the terms of the proposal, each Duke Realty share would receive 0.466 shares of Prologis common stock, equivalent to a deal value of $23.7 billion. Prologis' proposal represents a premium of 29%…

Nike, Inc (NYSE:NKE) asked a federal judge to let it add counterfeiting claims and false advertising to the current trademark-infringement lawsuit against sneaker marketplace StockX, Bloomberg reports. Nike prosecuted StockX in February in federal court in Manhattan for “blatantly freeriding” on Nike’s trademarks and goodwill with a service called Vault NFTs.  StockX argued that…

Vuzix Corp (NASDAQ:VUZI) reported a first-quarter sales decline of 36.1% year-over-year to $2.5 million, missing the consensus of $3.4 million. The decrease reflected lower sales of Vuzix smart glasses products, a decline of 37% Y/Y. The gross margin contracted to 26% from 28% in 1Q21. The loss from operations widened to $10.41…

Trade Desk Inc (NASDAQ:TTD) reported first-quarter revenue growth of 43.5% year-over-year to $315.23 million, beating the consensus of $304.69 million. Customer retention remained over 95% for the quarter. Adjusted EPS improved to $0.21 from $0.14 in 1Q21, beating the consensus of $0.15. Adjusted EBITDA increased by 71.6% to $120.99 million, and margin…