(Bloomberg) -- Microsoft Corp.’s Xbox unit will shut down its Mixer video-game streaming service after failing to attract a large global user base and will recommend players and audiences shift to Facebook Inc.’s streaming site. The software maker also plans to partner with Facebook on Microsoft's xCloud mobile game service, which will be widely available by the end of the summer.Starting July 22, users who visit Mixer will be redirected to Facebook Gaming. The surprise move comes less than a year after Microsoft lured popular streamer Ninja — whose real name is Tyler Blevins — from Amazon.com’s Inc.’s Twitch, the leading game-streaming service. The deal was touted as setting off a battle for top gaming talent in the $152 billion video-game industry. Mixer’s stars, including Ninja and Michael “Shroud” Grzesiek, are under no obligation to join Facebook Gaming. It was these top streamers who contributed to Microsoft’s realization that Mixer wasn’t working — some of them told the company they weren't...
Dorsey Intermodal recently announced a partnership with manufacturer THACO Special Vehicles to produce a full line of marine and domestic chassis, resulting in a new option for chassis in the U.S. market. ...
(Bloomberg) -- Oil futures in New York and London closed at the highest level in more than three months on optimism that fuel demand is recovering as lockdowns are lifted.Prices have rallied in recent days as states move forward with phased reopening even as concerns mount over the risk of a second wave of the pandemic. Sentiment has also been bolstered by evidence the OPEC+ group of producer nations is pressing ahead with output cuts.“You see demand picking up and you see supply being relatively constrained,” said John Kilduff, a partner at Again Capital. “If there is any prospect whatsoever of a faltering here in terms of reopenings and demand continuing to ramp back up, we are very vulnerable.”The market is now trading at levels last seen in early March, before the start of an all-out price war between Russia and Saudi Arabia sent futures plunging to multi-decade lows. Some of...
Stocks fluctuated between gains and losses Monday as market participants weighed prospects that the virus-stricken economy would rebound quickly against fears over an extended rise in new cases over the weekend. The Final Round panel breaks down the details. ...
Shares of Peloton hit a new high on Monday after Stifel analyst Scott Devitt raised his price target on the stock to $62 from $55, while maintaining a ‘buy’ rating. The reason for the renewed vote of confidence comes from ‘holiday-like demand’ due to shifting consumer behavior, gym closures / social contact avoidance, among other reasons. The Final Round panel discusses the bullish call....
Results of a study by electric utilities in Washington, Oregon, and California call for the installation of charging sites along the I-5 for medium- and heavy-duty electric trucks to reduce pollution caused by freight transport along the Pacific Coast. ...
