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How Amazon Is Dominating Yet Another Industry

Amazon (NASDAQ: AMZN) is best known to consumers for its world-leading e-commerce business, but to investors, it garners equal attention for its cloud computing platform, Amazon Web Services...

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Ukraine Update: Russian Capital Controls; Gas Prices Decline

(Bloomberg) -- Russia is considering rolling back more of the capital controls imposed to stabilize markets after its invasion. President Joe Biden announced $800 million in additional U.S. military aid for Ukraine, and the European Union agreed to provide more cash for weapons. Russia continues to reposition its forces for renewed attacks in the east and south of Ukraine. Most Read from BloombergUkraine Update: U.S., EU to Send More Arms; Warship DamagedCalifornia Lawyer Quits Over Allegation N...

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Meta Wants Nearly 50% Profit on All NFTs Sold in its Metaverse

In its ongoing strive for greater profits, Meta is planning to take a massive cut from content creators who sell their digital assets in its Metaverse...

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ClearBridge Appreciation Strategy Portfolio Manager Commentary Q1 2022

The ClearBridge Appreciation Strategy outperformed the benchmark in the first quarter. Click here to find who the biggest contributors and detractors were...

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ClearBridge Aggressive Growth Strategy Portfolio Manager Commentary Q1 2022

ClearBridge Aggressive Growth Strategy outperformed during the quarter. Click here to find who the leading contributors and primary detractors were...

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Facebook parent Meta set to take nearly 50% cut from virtual sales — and Apple is calling it out

Facebook parent Meta Platforms Inc.'s intent to take a nearly 50% cut of digital asset sales within its emerging metaverse is drawing widespread criticism.....

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Apple: Outperforming Its FAAMNG Peers In 2022 – Here's Why

Apple has confounded tech investors in 2022 with its outperformance among its FAAMNG peers. Read why bearish investors failed to grasp how to value AAPL stock...

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Meta Platforms Inc. stock rises Wednesday, still underperforms market

Shares of Meta Platforms Inc. inched 0.40% higher to $214.99 Wednesday, on what proved to be an all-around positive trading session for the stock market,.....

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EBay Hires Former Facebook Executive Eddie Garcia as Chief Product Officer

By Maria Armental Ebay Inc. hired former Facebook executive Eddie Garcia as chief product officer, the company said Wednesday. Mr. Garcia, who had worked for.....

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Investments in the metaverse are coming with important strings attached

The rush to capture the metaverse frontier has led to a $2 billion investment in Epic Games from Sony and Kirkbi (which owns the Lego Group) this week. Days before the announcement, Epic Games, the maker of Fortnite, also launched a partnership with Lego to design a metaverse community for children. Chief among the goals for the collaboration is the mission to protect children by focusing on privacy and well being in the metaverse, and providing children and their parents with the tools to control their experiences...

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