Chick-fil-A is taking a leap into the delivery future with its recent enlistment of help from Refraction AI. This company uses robotics to lower a business’ last-mile delivery cost. The popular fast food focuses on offering delicious chicken sandwiches and will begin using Refraction’s services in late June in the Austin area.
Chick-fil-A Makes Deal With Refraction AI To Provide Autonomous Delivery Read More »
It wasn’t that long ago, so most everyone probably remembers the Reddit fueled Wall Street battle for GameStop that happened earlier this year. Thanks to very large number of people trying to bump up the chain’s value, GameStop’s stock value is actually ten times higher right now than it was at the beginning of 2021. One might think this was actually a good thing for the company, having good value after the debacle that was 2020, but unfortunately, this stock increase has very little to do with the actual performance of the business. This is made pretty clear by GameStop’s fourth quarter and 2020 fiscal year results.
The headline of this article is something you probably never expected to read. We’re going to level with you: we weren’t expecting it either. And yet, it’s a true statement. Atari is looking to launch a new console this coming fall, but along with it, a new form of cryptocurrency as well. The Atari VCS is supposed to be available come November, and players will be able to buy things for it using currency dubbed “Atari Tokens.” These tokens are in fact backed by Bitcoin.
Atari Is Not Only Making A New Console, But Also Cryptocurrency Read More »
This probably shouldn’t come as a surprise to anyone: as games become more and more advanced in scope and graphics, chances are it is going to take more workers, more time, and more money to make them. Simple economics: the more complex a product is, the more it costs to produce, and usually, the more it costs to buy as a consumer. Whether or not games will be more expensive for consumers to buy anytime soon remains to be seen, but for now, Jim Ryan, President of Sony Interactive Entertainment, is convinced that production of next gen games will be more expensive, though only slightly.
The CEO Of PlayStation Believes That The Development Of New Games Will Cost A Bit More Read More »
Some states are reopening, and some are extending lockdowns. Either way, the future of the world’s biggest consumer economy looks shaky at least. With this point universally understood, the chairman of the Federal Reserve, Jerome Powell, has stepped in to say that the Fed is prepared to print as much new money as needed in order to stabilize the economy as it currently stands on unstable grounds.
According to The Washington Times, “Federal Reserve Chairman Jerome H. Powell said Wednesday that Congress might need to spend more on coronavirus relief to pull the nation out of an economic crisis that has cost more than 20 million jobs.”
Is The Fed Predicting Economic Doom? Read More »
Within the last several days, rumors have been bustling about a potential takeover of the crippled AMC Theaters by the godlike entity known as Amazon.
According to Marketwatch, “Shares of AMC Entertainment Holdings rocketed on heavy volume Monday, after a media report that the struggling movie theater chain had held buyout talks with Amazon, as AMC’s value has shrunk since the COVID-19 pandemic led to theater shutdowns worldwide.” Now in AMC’s defense, their stock value wasn’t dropping because of poor earnings or business decisions, almost a majority of financial experts agree that when the full might of the American economy reopens, many large and small businesses alike will come back to life, meaning many conversations like the one with Amazon might be meaningless several months after we begin to see the new “normal.”
Will Amazon Buy AMC Theaters? Read More »
It wasn’t too long ago when you were simply able to book a flight online, go to the airport, check-in for your flight, (be overcharged for your checked baggage, in the process), zip through security and board your flight to your destination. Most people have been through this process countless times and never thought twice about the worries or possibility of getting seriously ill. Because of Coronavirus (Covid-19), however, the times have changed, dramatically. Just as after 911, air travel, amongst many other industries will never be the same.
What Will Travel Look Like After The Coronavirus Pandemic Read More »
If you still needed any evidence that proved the Coronavirus is out to ruin good entertainment, consider the fact that Netflix has gone out of its way to create a $100 million fund to support all of the people that are out of work, thanks to the virus shutting down film and TV production across the board.
Netflix creates $100 million fund to support hourly workers during production shutdowns Read More »
About a week ago, GameStop head honchos apparently thought it was a good idea to keep their physical stores open during the Coronavirus outbreak, even in states that required all non-essential retail stores to be closed. According to a memo the guys in charge left for their employees in case they were questioned by government officials, GameStop considers itself essential retail.
GameStop is Closing Retail Storefronts and going Digital Read More »
In the midst of this global health crisis which has now turned into a financial crisis for the foreseeable future, General Motors (GM) is offering a deal to consumers in order to stay afloat as well as increase aggregate demand, which is almost too good to pass up.
GM is offering a deal you need to know about during this crisis Read More »
In the midst of one of the largest health and financial crisis of a generation, Tesla manufacturing plants have had to suspend production indefinitely in order to flatten the curve via social distancing so that we come out of the present and invisible threat of COVID-19, aka the coronavirus.
Tesla suspends production due to COVID-19 threat Read More »
It is always a little difficult to imagine a company going on without the one who started it all, but Microsoft has announced that Bill Gates himself has stepped down from its board of directors in order to “dedicate more time to his philanthropic priorities including global health, development, education, and his increasing engagement in tackling climate change.” Gates served as the chairman of the board since 2014.
Bill Gates has Stepped Down from the Microsoft Board of Directors Read More »
