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Microsoft offers Sony 10-year deal for Call of Duty on PlayStation

Regulators have raised concerns that Microsoft could block the hit Call of Duty franchise from being released on rivals’ games consoles. Microsoft said it has offered Sony a 10-year contract for Call of Duty to be released on the PlayStation on the same day it comes to the Xbox. The …

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Bitcoin could fall to $5,000, Standard Chartered predicts

Standard Chartered predicts that bitcoin could fall to $5,000 in 2023 as part of their research on potential market surprises next year. Nurphoto | Getty Images Bitcoin could drop to $5,000 next year in a market surprise that investors are under-pricing, according to Standard Chartered. If that level is reached, …

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China’s Xi has met with more than 25 world leaders in about a month

China’s President Xi Jinping attends a session during the G20 Summit on the Indonesian resort island of Bali on November 16, 2022. Willy Kurniawan | Afp | Getty Images BEIJING — A month after consolidating power at home, Chinese President Xi Jinping has stepped out onto the world stage to …

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Some Meta employees claim they’re not getting promised severance

Anwar Almojarkesh (L) and Alan Chalabi (R) from England take a photo at Meta (formerly Facebook) corporate headquarters in Menlo Park, California on November 9, 2022. Josh Edelson | AFP | Getty Images A group of Meta workers who joined the company via a corporate training program say they are …

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Salesforce exec exits push stock price to lowest since March 2020

Marc Benioff, co-founder and chief executive officer of Salesforce.com Inc., speaks during the WSJDLive Global Technology Conference in Laguna Beach, California, U.S., on Wednesday, Oct. 26, 2016. The conference brings together an unmatched group of top CEOs, founders, pioneers, investors and luminaries to explore tech opportunities emerging around the world. …

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Microsoft-backed start-up Heirloom uses limestone to capture CO2

Just about every industry is working to reduce carbon emissions, but reduction won’t be enough. To prevent the worst effects of global warming, carbon that has already been emitted needs to be removed from the atmosphere, which is why there is a new and fast-growing industry around carbon capture. Scientists …

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Oil tankers en route to Russia as oil price cap on exports hits

Two tankers were heading to Russia on Monday expecting to be filled with Russian crude as a price cap on its oil exports from a coalition of Western countries went into affect. On Friday, the European Union agreed to cap Russian seaborne oil prices at $60 a barrel, aiming to …

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Los Angeles bans oil and gas drilling within city limits

An oil pumpjack operates in the Inglewood Oil Field on January 28, 2022 in Los Angeles, California. Mario Tama | Getty Images The Los Angeles City Council has voted to ban new oil and gas drilling and phase out existing wells over the next two decades, a historic decision that …

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Chinese stocks rally on reopening hope; Morgan Stanley upgrades rating

A pedestrian along a road in Beijing, China, on Monday, Oct. 24, 2022. Source: Bloomberg Bloomberg | Bloomberg | Getty Images Chinese stocks saw sharp gains Monday after major cities in China reportedly further loosened Covid-related restrictions, a positive sign for an economy that has been grappling with strict virus …

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Germany’s housing market is ripe for a serious price correction, economists warn

The German housing market has been remarkably strong in the last couple of decades, but it faces a serious price correction in the next couple of years, according to some analysts. Tim Graham / Contributor / Getty Images The German housing market has been remarkably strong for decades, but it …

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