Earnings Results: Activision in talks with cloud providers for videogame streaming

Earnings Results: Activision in talks with cloud providers for videogame streaming
Activision Blizzard Inc. is in talks with several global cloud-computing providers over the potential to provide streaming videogames, the company said Thursday. Chief Operating Officer Collister Johnson said on a quarterly earnings call with investors that because of the company’s interest in the up-and-coming technology, Activision ATVI, +1.34%   is in talks with “global tech platform providers and about their... Read More

Reddit got hacked because this common security measure didn’t work

Reddit got hacked because this common security measure didn’t work
Many tech experts recommend everyone use “two-factor authentication” to secure their online accounts, but sometimes that measure may not be enough, as Reddit learned this week. The social media company was hacked after its two-factor authentication was breached. Two-factor authentication is an extra layer of security where users verify their identity with a password and also by inputting a code... Read More

The New York Post: Steve Jobs’ daughter says he, on his deathbed, said she smelled ‘like a toilet’

The New York Post: Steve Jobs’ daughter says he, on his deathbed, said she smelled ‘like a toilet’
Apple Inc. co-founder Steve Job told his daughter she smelled “like a toilet” when she visited him on his deathbed, she writes in a new memoir about their troubled relationship. Lisa Brennan-Jobs visited her dad about every other month for the year before his death of complications from pancreatic cancer in 2011, she said in her memoir “Small Fry” in... Read More

Key Words: Apple co-founder Steve Wozniak hasn’t fallen victim to trillion-dollar-market-cap mania

Key Words: Apple co-founder Steve Wozniak hasn’t fallen victim to trillion-dollar-market-cap mania
Company co-founder Steve Wozniak has been aware of the clamor this week over Apple’s rapidly accelerating assault on the history books, but, according to a Yahoo Finance report, he’s been far from fixated on it. In the words of Wozniak, who founded Apple 42 years ago alongside the legendary Steve Jobs, remaining with the company full-time till 1985: ‘Of course... Read More

MarketWatch First Take: GoPro investors nervous that component shortage will hurt sales in holiday quarter

MarketWatch First Take: GoPro investors nervous that component shortage will hurt sales in holiday quarter
GoPro Inc. may be approaching a turnaround, with a more simplified product offering, but investors are nervous that a component shortage will hamper its progress and the big holiday fourth quarter. Earlier on Thursday, GoPro GPRO, -2.12% reported a second quarter in which it lost less money and had better revenue than Wall Street was forecasting. The company also said... Read More

Earnings Results: Take Two stock surges 11% after earnings; CEO says ‘GTA V’ has sold nearly 100 million units

Earnings Results: Take Two stock surges 11% after earnings; CEO says ‘GTA V’ has sold nearly 100 million units
What may be the best-selling media title of all time is closing in on another milestone as Take-Two Interactive Software Inc. said late Thursday that “Grand Theft Auto V” sales are approaching 100 million units. In the company’s fiscal first-quarter earnings call Thursday after the closing bell, Chief Executive Strauss Zelnick said “GTA V” continued to sell so well through... Read More

Earnings Results: Symantec stock drops after earnings include weaker-than-expected outlook

Earnings Results: Symantec stock drops after earnings include weaker-than-expected outlook
Symantec Corp.’s stock dropped in the extended session Thursday but bounced off after-hours lows after the cybersecurity company’s outlook fell short of Wall Street estimates. Symantec SYMC, +2.20%  shares, which had been down more than 12% after hours just before its earnings conference call, were last down 8.3% after hours. Shares had closed the regular session up 2.2% at $20.88.... Read More