Ever since debt was invented in ancient Sumer, there have probably been people enriching themselves through bad investments. The trick is to make these investments using other people’s money.Suppose, for example, that a wheeler-dealer uses borrowed funds to ma... More »
Published28 SeptemberShareclose panelShare pageCopy linkAbout sharingImage source, Getty ImagesEpic Games, which makes Fortnite, one of the world's most successful video games, is cutting 870 jobs - around 16% of its workforce.It is also selling Bandcamp, the ... More »
Published28 SeptemberShareclose panelShare pageCopy linkAbout sharingImage source, Getty ImagesBy Mariko OiBusiness reporterElon Musk's X has disabled a feature that let users report misinformation about elections, researchers say.Reset.Tech Australia said the... More »
The curtain is finally coming down on Netflix's once-iconic DVD-by-mail service, a quarter century after two Silicon Valley entrepreneurs came up with a concept that obliterated Blockbuster video stores while providing a springboard into video streaming that h... More »