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Microsoft’s Bethesda buy beats TikTok

Ask enough gamers about their favourite console and this is what you’ll generally learn: Those who play Xbox tend to love it and stay loyal to that system, but PlayStation has the best games. Microsoft Corp, Xbox’s parent company, is betting $7.5 billion that it can change that perception. Microsoft agreed to acquire ZeniMax Media Inc, the owner of popular ...

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US Treasury has $541b of dirty little secrets

More than 70% of Americans hold unfavourable views of China, a historical high, as many find fault in its handling of Covid-19. Yet that hasn’t stopped Americans from staking their retirements on the nation through their mutual funds. US residents have amassed roughly $700 billion worth of mainland stock over the years, mostly in the technology sector. Government data may ...

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Let’s not sleepwalk into ‘European lockdowns’

If the number of lily pads on a pond doubles every day, and it takes 29 days for them to cover the entire pond, on what day is the pond half-covered? This brainteaser is how Martin Hirsch, head of the Paris region’s hospital network, describes the brutal first wave of Covid-19 that triggered lockdowns across Europe in March and April. ...

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