Fortnite Creator Epic Games Valued at Nearly $15 Billion

Epic Games Inc., the creator of the smash-hit videogame “Fortnite,” is valued at almost $15 billion as part of a major new investment round, according to people familiar with the matter. The company on Friday announced investors have purchased $1.25 billion in stock. People familiar with the matter said not all of the money is…

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MIT is investing $1 billion into AI research

In its first fundamental restructuring in nearly 70 years, MIT has announced that it’s pumping $1 billion into creating a new college focused on computing and artificial intelligence. Why it matters: MIT has lined up what it says will be the single largest investment in computing and AI by an American university at a time…

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Gold Giant Barrick Agrees to Buy Rival Randgold for $6 Billion

Barrick Gold Corp. agreed to buy Randgold Resources Ltd. for $6 billion in an all-share merger that will solidify Barrick as the world’s largest gold company by production, with a dominant position in Africa. Barrick shareholders will own 67% of the combined company, and Randgold investors will own 33%, the companies said Monday. The deal…

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Comcast Digs Deep to Overcome Fox With $39 Billion Bid for Sky

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China Fires Back at Trump With New Tariffs on $60 Billion

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China Retaliates With Tariffs on $60 Billion of U.S. Goods

BEIJING—China scrambled to deal with an escalating trade fight with the U.S., issuing an expected volley of tariffs and weighing whether to agree to Washington’s offer for more trade talks. The announcement by the country’s cabinet came half a day after President Trump announced new tariffs on $200 billion in Chinese goods, an action that…

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Go-Jek Is Said in Talks to Raise at Least $2 Billion to Expand

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Super Typhoon Menaces Asia With Path That Risks $120 Billion in Damage

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