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GameStop Finds Success in Game Console Sales

Game Stop

As long as people want new game consoles, GameStop will be in business. The video game seller is seeing a major increase in revenue, and it’s all due to the popularity of the recently released PlayStation 4 and Xbox One.

Total global sales for the company’s second quarter exceeded $1.7 billion, a 25% bump from sales this time last year. Sales per store grew more than 20%, and GameStop’s shares…

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Through Airbnb, You Can Spend a Night at IKEA

Airbnb IKEA

Room 3: Inner City Living IMG: via Airbnb

Swedish furniture company IKEA is letting people spend the night at its store in Sydney, Australia, on the night of August 31st. Booking through Airbnb, IKEA is not charging any money for the stay outside an $11 Airbnb fee. The only caveat to your stay? You agree to be covered by the media.

Visitors will be able to choose from several different styles of…

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Google Celebrates its 10th Anniversary as a Public Company

Google

Google Doodle.

Earlier this month, Google celebrated its 10th anniversary as a public company. The search engine giant was originally listed on New York’s Nasdaq Stock Market on August 19th, 2004. Since then, Google has become worth almost 15 times more than it was on this day; at an astounding value of $391.36 billion, it’s easily one of the world’s largest companies. Google has also invested in…

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How Much Are Competing Companies Willing to Bid for #Wine?

Treasury Wine Estates

IMG: via Treasury Wine Estates

TPG Capital Management and Kohlberg Kravis Roberts (KKR) must really love wine – both private equity firms have made significant bids on Australia’s Treasury Wine Estates.

Treasury Wine Estates, which owns popular wines such as Penfolds and Rothbury Estate, announced on Monday that it had received a bid from TPG Capital, competing with KKR’s $3.2 billion buyout…

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#Target to Stay Open Late

Target

ValeStock / Shutterstock.com

Target has decided to keep half of its U.S. stores open past midnight in order to cash in on late night shoppers. Traditionally, Target’s 1,800 stores open at 8 a.m. and close at 10 p.m. Monday-Saturday, closing at 9 p.m. on Sunday. Its new expanded hours will give night owl shoppers a few extra hours each night, hopefully bringing in more revenue for the retailer,…

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App-Based Taxi Service Uber Banned in Germany…For Now

Uber, an app-enabled taxi service, faced set backs in Germany recently when the
Berlin city government voted to ban its use. Citing concerns over passenger safety,
Berlin ruled that Uber allows “unverified drivers in unlicensed vehicles” to transport
passengers. Uber also does not include insurance in case of accident or injury.
The company is likely to face €25,000 fines if they violate the ban…

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@Google to Sell Mystery Barges

Google Logo

IMG: via Google

The sudden discovery that Google owned barges led to great bewilderment and fascination when news broke about it last year. Google eventually confirmed that it owned the barges; when reports emerged about the location of one in Stockton, CA and another in Portland, Maine, the leading technology company claimed they were being turned into“an interactive space where people can learn…

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#IBM’s TrueNorth Allows Computers to Mimic the Human Brain

IBM

IMG: via IBM

For the second time, IBM has created a processor that thinks and acts like a human brain. Code-named “TrueNorth,” the chip has 5.4 billion transistors and a network of 4096 neurosynaptic cores, out-doing its first-generation counterpart from 2011 by hundreds of thousands of synapses.

“It’s a new landmark of the brain-inspired computers,” says Dharmendra Modha, IBM Research fellow.

“O…

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Despite Successful Second Quarter, BIS Warns Against Lowered Interest Rates #economy

Financial Crisis

Financial Crisis IMG: via Shutterstock.

With the United States and global economy beginning to slowly recover from the 2008 financial crisis, there has been an increase in the call for new debt ratings and bond issuances. This has caused Moody’s profit revenue to surge even higher than analysts expected.

Moody’s CEO Raymond McDaniel stated thatthe second quarter results reflected “healthy market…

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Lorde to Write, Perform, and Pick Artists for Mockingjay – Part 1 Soundtrack

The Hunger Games: Mockingjay - Part 1 Poster.

The Hunger Games: Mockingjay – Part 1 Poster. IMG: via Lionsgate.

The Hunger Games series is known for recruiting great artists for their soundtracks. Taylor Swift sang and wrote “Safe and Sound” for the first movie, The Hunger Games. Other popular artists include Coldplay, Maroon 5, Christina Aguilera, Arcade Fire, Miranda Lambert, and more. The “Royals” sing, Lorde, will be creating and singing…

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