Market News
- Microsoft's Activision Buy Highlights Push Toward Mobile, Metaverse January 18, 2022Shares in companies such as Electronic Arts and Ubisoft rose following the disclosure of the planned deal, as investors placed bets on the rapidly consolidating videogame industry.
- With Rate Increases Looming, Investors Dump Shares of Money-Losing Companies January 18, 2022Cash-burning technology firms, biotechnology companies without any approved drugs and startups that listed quickly via SPAC mergers—some of which soared during the pandemic—have dropped sharply.
- Oil Prices Hit Seven-Year High on Rising Geopolitical Tensions January 18, 2022Crude prices rose to their highest level since the 2014 shale-induced oil crash, a milestone in a rally that is gathering momentum as geopolitical tensions threaten to knock supply.
Riverside County News
- Morongo taking applications for grants of up to $5,000 January 19, 2022The deadline to seek a 2022 Community Outreach Award from the Morongo Band of Mission Indians is Feb. 25
- California offers college students $10K for public service January 19, 202245 colleges and universities in California, including some of the most prestigious campuses in the state, will be part of the new program.
- Dine 909: BJ’s Restaurant and Brewhouse launches $11 weekday lunch entrées January 18, 2022Also, there's new eateries in Montclair, Ontario, and Rancho Mirage, and find out how to get a free fish taco at Rubio's Coastal Grill.
Business News
- Why Microsoft spends $69 billion for video games January 19, 2022Microsoft — perhaps best known for Excel and PowerPoint software, but also maker of Xbox gaming gear — is buying Activision Blizzard, a Southern California gaming pioneer.
- Can Microsoft deal heal Activision Blizzard’s year of turmoil? January 19, 2022“We will have significant work to do in order to continue to build a culture where everyone can do their best work,” CEO Satya Nadella said on a call with investors. “The culture of our organization is my No. 1 priority."
- AT&T, Verizon pause some new 5G after airlines raise alarm January 19, 2022AT&T and Verizon will delay launching new wireless service near key airports after the nation’s largest airlines said the service would interfere with aircraft technology and cause widespread flight disruptions.