Tag Archives: Fortnite

Financial Daily Dose 12.13.2019 | Top Story: US Announces Phase One Trade Agreement With China, But No Confirmation From Chinese

BY: Michael D. Reif | December 13, 2019

The US and China have reportedly reached an initial agreement on the “final terms of a phase one trade deal, moving both countries closer to signing a pact that” the White House originally announced in October and averting new December tariffs. Under those terms, the U.S. would “slash the overall rate on the tariffs . … Continue reading

Financial Daily Dose 10.15.2019 | Top Story: Uber lays off 350 more corporate workers in effort to control costs

BY: Michael D. Reif | October 15, 2019

Ride-hailing giant Uber laid off 350 workers on Monday as part of an ongoing effort to pare costs that now represents 1000 jobs cut since July – NYTimes and Bloomberg and WSJ Not an ideal start to the week for Deutsche Bank, which—as revealed on Monday—spent the better part of 20 years wooing China’s communist … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | April 5, 2019

Jobs report Friday again. Which, after February’s dismal numbers, is carrying extra importance today. We’ll be keeping an eye on US manufacturing, among other things. Here’s what to watch – NYTimes and WSJ and Marketplace and Bloomberg Under the terms of a recently brokered divorce settlement, Amazon CEO Jeff Bezos will keep 75% of the … Continue reading

Fresh Prince Star Sues Fortnite and NBA 2K over the Carlton Dance

BY: Michael Kolcun | December 21, 2018

After we reported their recent controversy over the Milly Rock, Fornite’s creators were hit with another suit for using the Carlton Dance, as were the makers of NBA 2K16. Alfonso Ribeiro – best known as Carlton Banks from The Fresh Prince of Bel-Air – claims the creators of Fortnite and NBA 2K16 are ripping off … Continue reading

Fortnite Creators Sued for Infringing Rapper’s Dance Moves

BY: Michael Kolcun | December 13, 2018

After claiming the most popular video game ever was biting his moves, rapper 2 Milly brought a copyright suit to protect the Milly Rock. In his complaint, 2 Milly argues Epic Games infringed his copyright in the “Milly Rock” dance craze that has garnered 18 million views on YouTube and has been emulated by celebrities, … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | October 29, 2018

A recap of Friday’s GDP numbers, which featured both a strong 3.5% growth rate and early signs that “the growth could cool in coming months” – NYTimes and WSJ and Bloomberg Yes, Elon has settled with the SEC over his infamous “funding secured” tweets. But don’t think for a second it’s all free and clear … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | October 22, 2018

We’ve been keeping tabs on the high-profile CEOs who have withdrawn from Saudi Arabia’s coming investment conference over the past few weeks. But pulling out the conference is very different from severing ties with the wealthy kingdom, and no one appears to be doing that yet – NYTimes Moody’s has cut Italy’s debt rating to … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | April 30, 2018

After years of flirting, Sprint and T-Mobile have made it official—announcing over the weekend that they have reached a deal to become one company. The deal—if it passes regulatory muster—would create a company with a combined 100 million subscribers and would be positioned to challenge Verizon and AT&T for wireless dominance – NYTimes and WSJ … Continue reading