Chances are you’ve heard of a video game called “Fortnite.” It’s a massively popular game that is generating hundreds of millions of dollars each month in revenue. But unlike other popular online games like Activision Blizzard’s “Call of Duty” franchise, “Fortnite” is free to play. How is it that a free game is on pace […]

Apple has blocked the plans of the biggest distributor of PC-based video games to extend its reach into iPhones, according to the game distributor, a sign that Apple is serious about protecting its ability to take a cut of digital purchases made inside games on its mobile devices. Steam, the dominant online store for downloaded […]

PayPal shares will rise as it adds new financial services for its customers, according to one Wall Street firm. Stifel raised its rating to buy from hold for PayPal shares, citing the company’s large new growth opportunities. “PayPal is a leading global online payments platform that is evolving into a robust financial services ecosystem with […]

China’s top social media app WeChat has removed “sugar daddy” dating website SeekingArrangement from its platform, after a recent surge in the popularity of the U.S.-founded service attracted scrutiny from state media. A money-for-love dating platform, launched in the United States in 2006, SeekingArrangement puts young women in touch with rich older men. “At SA, […]

Autodesk forecast second-quarter profit on Thursday below Wall Street expectations, sending the AutoCAD software maker’s shares down nearly 4 percent in extended trading. The company’s forecast overshadowed a beat on both first-quarter revenue and profit. Autodesk forecast second-quarter adjusted profit between 13 cents and 16 cents per share. Analysts on average were expecting a profit […]

The chairman of one of the largest ad firms in the world believes that major upheavals in the media landscape will see consumers soon share the wealth of large technology companies. Maurice Levy, the former CEO and now chairman of Publicis Groupe, a $15.8 billion French ad giant, predicted that a third party will act […]

After nearly five days of deliberations, a U.S. jury on Thursday said Samsung Electronics Co Ltd should pay $539 million to Apple Inc for copying patented smartphone features, according to court documents, bringing a years-long feud between the technology companies into its final stages. The world’s top smartphone rivals have been in court over patents […]

Lithium stocks like FMC Corp. are under pressure, but for CNBC’s Jim Cramer, the agricultural chemical play is flashing screaming buy signals. “I’m glad FMC’s getting hit here because you’re getting a chance to buy a red-hot stock into weakness, just in case you missed the incredible buying opportunity in March,” when the stock was […]

As consumers grow increasingly health-conscious and chemical-averse, companies like Indigo Agriculture are working to weed out old, synthetic agricultural solutions like GMOs, Indigo CEO David Perry told CNBC on Thursday. “Modern agriculture’s really built on technologies that were created decades ago: synthetic fertilizer, synthetic chemicals, GMOs and plant breeding. We’re taking an entirely new approach,” […]

Essential Products, the smartphone and gadget startup founded by Android creator Andy Rubin, is exploring a potential sale, Bloomberg reports. The company has also cancelled the development of a new phone, the report says. The appeal of Essential’s first device was that it gave users a “pure” Android experience, meaning that it didn’t come with […]