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Business & Lifestyle

Powerball pot now $430 million after Saturday’s drawing failed to yield a winner

(UPI) -- On Saturday night, another Powerball drawing came and went without a winning ticket. As a result, the lottery jackpot now stands at an estimated $430 million. There hasn't been a Powerball winner since June 10. The next Powerball drawing will happen on Wednesday. The weekend didn't go by without a lottery winner. On Friday, a ticket buyer in Illinois won the Mega Millions jackpot, an estimated $393 million -- the fifth largest jackpot in 15 years. Prior to […]

todayAugust 13, 2017 32

Business & Lifestyle

Online music service SoundCloud saved by $170 million investment

BERLIN (UPI) -- Digital music service SoundCloud will continue to operate following a new investment round. SoundCloud founder Alexander Ljung confirmed the music-sharing platform is "isn't going away" after being boosted by a $169.5 million investment from The Raine Group and Temasek. The Germany-based service had fallen on financial difficulties in recent times. Soundcloud disclosed steps it would take to cut its overhead costs last month, which included 173 layoffs. "I'm happy to announce that together with investors The Raine Group and Temasek we've just […]

todayAugust 12, 2017 23

Business & Lifestyle

Lawsuit says Nintendo Switch controller violates patent

TOKYO/SIMI VALLEY Calif. (UPI) -- Video game giant Nintendo faces an infringement lawsuit that says the controllers for its new Switch console infringe on a proprietary design owned by another company. Gamevice, a California-based manufacturer of a detachable console used to turn tablet computers into portable gaming devices, said Nintendo's controllers violate a patent it holds. In a complaint Wednesday, Gamevice seeks damages and demands that Nintendo stop making and selling the Switch consoles. Nintendo has sold 4.7 million Switch units since March, […]

todayAugust 11, 2017 136

Business & Lifestyle

Nintendo is getting sued over the design of its detachable Switch console controllers

KYOTO/SIMI VALLEY, Calif. (CNBC) -- Video game developer Nintendo is being sued by a U.S. mobile gaming accessory company that claims the controllers for the Nintendo Switch console infringes on a patent it owns. Gamevice, which makes video game controllers to attach to tablets and smartphones, is demanding that Nintendo stops making and selling the Switch and wants to be awarded damages. "Nintendo's infringement has caused, and is continuing to cause, damage and irreparable injury to Gamevice," the company said in its […]

todayAugust 11, 2017 19

Business & Lifestyle

Venezuela leader Maduro wants to meet Trump in NYC

CARACAS/WASHINGTON (UPI) -- Amid his country's ongoing economic and political crises, Venezuelan President Nicolas Maduro -- a frequent critic of the United States -- has called for a face-to-face meeting with President Donald Trump. Maduro on Thursday addressed the 545-member Constituent Assembly, which was formed recently to make changes to Venezuela's constitution despite accusations the body will tighten Maduro's grip on power. In his remarks, the Venezuelan leader asked for a "personal conversation" with Trump when they gather in New York City next month at the […]

todayAugust 11, 2017 29

Business & Lifestyle

Manafort changes legal team as investigations expand

WASHINGTON (UPI) -- Paul Manafort, former adviser to President Donald Trump's presidential campaign, is changing lawyers as his financial transactions get more government scrutiny, sources close to the matter said. Manafort spokesman Jason Maloni announced in a statement Thursday that "Mr. Manafort is in the process of retaining his former counsel, Miller & Chevalier, to represent him in the office of special counsel investigation." The Washington law firm WilmerHale has represented Manafort to this point. Kevin Downing, a former official in the Department of […]

todayAugust 11, 2017 42

Business & Lifestyle

Disney sued for collecting private information from children via game apps

BURBANK, Calif. (UPI) -- A class action lawsuit has been filed against Disney and three software companies for allegedly collecting personal information about children playing games on Disney apps. The suit says software companies Upsight, Unity and Kochava gathered information about children under the age of 13 via the internet, which could be a violation of federal law under the Children's Online Privacy Protection Act. According to the lawsuit, 42 apps violate COPPA, including Disney Princess Palace Pets. "Most consumers, including parents, do not know that […]

todayAugust 10, 2017 39

Business & Lifestyle

Lockheed Martin receives $22.2 million Trident II contract

WASHINGTON (UPI) -- Lockheed Martin Space Systems has received a $22.2 million contract for material, labor and support services for the U.S. Navy's Trident II D5 submarine-launched ballistic missile production. The work will primarily be performed in Sunnyvale, Calf. It is expected to finish by Sep. 30, 2022. The Trident II D5 is the submarine-launched ballistic missile used by both the U.S. and Great Britain. It has intercontinental range and can carry several nuclear warheads using multiple independent reentry vehicles designed to shower a wide […]

todayAugust 10, 2017 36

Business & Lifestyle

Uber investor sues former CEO Kalanick for fraud

SAN FRANCISCO (UPI) -- One of the investors behind the ousting of Travis Kalanick from Uber earlier this summer sued the former CEO on allegations of fraud Thursday. Benchmark Capital Partners, one of the largest shareholders in the ride-hailing service, filed the lawsuit in Delaware Chancery Court. It accused Kalanick of breaching his fiduciary duty and contractural obligations by loading up Uber's board with friends. Though Kalanick resigned as CEO in June, he remains on the company's board. The lawsuit says Kalanick stacked the […]

todayAugust 10, 2017 39

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