Economy news

Microsoft Weighing $2 Billion Bid For Minecraft Parent Company (MSFT)

Microsoft Weighing $2 Billion Bid For Minecraft Parent Company (MSFT)

by × on April 23, 2019 at 2:17 pm ×

In yet another tech takeover of a smaller company, Microsoft is attempting to purchase Mojang, the parent company of Minecraft, for about $2 billion. This follows Facebook’s recent acquisition of virtual reality headset maker Oculus VR for $2 billion and Amazon’s $1 billion acquisition of Twitch, a streaming video site. […]

China Removes Boss of Stock Market

China Removes Boss of Stock Market

by × on April 22, 2019 at 11:11 am ×

China dismissed its top regulator of the stock market following a number of policy missteps, which contributed to a huge stock selloff. Xiao Gang was removed as the China Securities Regulatory Commission chairman reported state run news agency Xinhua on Sunday. Replacing Xiao was Liu Shiyu, who had been the […]

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