Microsoft (MSFT) Announces Plans to Shut Down Xbox Fitness Jun 27, 2016 03:12PM

Microsoft (NASDAQ: MSFT) posted the following to its Studios blog on Monday:

Since November 2013, Xbox Fitness has allowed you to experience the world’s best workouts with famous trainers, right in the comfort of your own home. As a service, Xbox Fitness has continually evolved since it launched on Xbox One, with new content and ongoing updates. Given the service relies on providing you with new and exciting content regularly, Microsoft has given much consideration to... (continue reading...)


Twitter (TWTR) Adds New 'Stickers' Feature for Photos Jun 27, 2016 02:15PM

Twitter (NYSE: TWTR) posted the following to its official Blog on Monday:

Millions of photo Tweets are sent every day, capturing moments – big and small – that the world is talking about. Today, we’re excited to introduce #Stickers, a fun new way to add creativity to your photos and connect them to the world on Twitter.

Soon, you can browse our rotating sets of stickers to join in on real-time conversations, and select from the library of hundreds of accessories,... (continue reading...)


Ratings agencies rip into UK's credit score after Brexit vote Jun 27, 2016 01:56PM

By Andy Bruce

LONDON (Reuters) - Britain suffered further blows to its economic standing on Monday as two top ratings agencies downgraded its sovereign credit score, judging last week's vote to leave the European Union would hurt its economy.

Standard & Poor's stripped Britain of its last remaining top-notch credit rating, dropping it by two grades from "AAA" to "AA" and warning more downgrades could follow.

Fitch Ratings also... (continue reading...)


Tesla (TSLA) CEO Musk Says No Deal Signed Yet for Factory in China Jun 27, 2016 11:51AM

Tesla (Nasdaq: TSLA) CEO Elon Musk rebuked a recent report that the company has signed an agreement for a massive production facility in China.

The following was posted to Twitter on Monday morning:

@newsycombinator @mashable We haven't signed anything for a factory in China

— Elon Musk (@elonmusk) June 27, 2016

Notably, Musk said that Tesla hasn't signed anything "for a factory yet." That doesn't mean the company isn't already in other production-related agreements for... (continue reading...)


Tesla (TSLA) Said to Raise Another $20M for Gigafactory via Tax Credit Transfer Jun 27, 2016 11:17AM

Tesla (NASDAQ: TSLA) is said to have nabbed another $20 million via a sale of certain tax credits.

According to the online publication This Is Reno, the Nevada Governor’s Office of Economic Development (GOED) affirmed that Tesla sold the tax credits to MGM Resorts (NYSE: MGM) for gaming license fees.

Tesla received the credits as part of the deal to build its Gigafactory in Storey County, Nevada. In addition to investing $3.5 billion at the Gigafactory site, Tesla also... (continue reading...)


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