Investors largely expected the FOMC to cut rates by a quarter point.The Fedread more
The lack of clarity surrounding the U.S.-China trade war is what's really hitting global growth, says ex- Deputy Treasury Secretary Sarah Bloom Raskin.World Economyread more
China's economy has long relied on factors such high levels of investments and an expanding labor force for growth. Those growth drivers are running out of steam.China Economyread more
India could benefit from the fallout in the U.S.-China trade war, experts told CNBC — but much-needed reforms on land and labor could prove to be a challenge for companies...Asia Economyread more
New crash tests show the Tesla Model 3 and the Audi e-tron, are among the safest models out on the road. The results bolster the theory electric vehicles may be better...Autosread more
U.S. consumers and growth in sectors such as technology have offset declines in other American industries, says Tom Finke, chairman and CEO of investment management firm...US Economyread more
The FAA administrator's comments come on the eve of his visit to Boeing facilities outside Seattle. While there, he's scheduled to meet with Boeing executives and be briefed...Airlinesread more
Last weekend's attacks on oil facilities — and the spike in crude prices that followed — should show that the world needs to stop relying on oil, says Helen Clark.Energyread more
The photo depicts Canadian leader Justin Trudeau wearing a turban and robe, with dark makeup on his hands, face and neck. Liberal Party spokesman confirms the photo is of...Electionsread more
As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages.Market Insiderread more
CBS, CNN and other major media companies are starting to pull e-cigarette advertising off their airways, as the death toll from a mysterious vaping-related illness continues...Health and Scienceread more
Tyler "Ninja" Blevins, a gaming star who has earned millions streaming video of himself playing Fortnite, said Thursday that he's moving from Amazon's Twitch streaming service to Microsoft's Mixer service.
The announcement is a win for Microsoft, which bought the Beam service that became Mixer in 2016. Mixer has remained in the shadow of Twitch, as well as Google's YouTube for live streaming of game play, according to streaming app Streamlabs, which cited data from Newzoo. Gaming represents about 10% of Microsoft's revenue, and the company has been investing more in the category, with plans for a cloud-based game streaming service that will compete with Google's upcoming Stadia, among other offerings.
Ninja announced the news on Twitter.
He's the most popular streamer on Twitch, and he earns more than $500,000 each month while streaming Fortnite, CNBC has reported. Fortnite was the most watched game on Twitch in the second quarter, according to the Newzoo data.
"Xbox Live now has 57 million monthly active users and Mixer usage growth is accelerating," Microsoft CEO Satya Nadella said on the company's earnings call in October. "This loyal, high-value community is our strongest asset, creating expanding opportunity for monetization of first- and third-party games. Fortnite is a good example of that, and all up, we are seeing record software and services revenue and engagement being driven on our platform."
Ninja has been at the center of controversy before. In 2018 he defended his decision to not stream game play alongside women, Variety reported. Microsoft recently made it easier for people to report abuse while watching streams on Mixer, and additional tools to prevent harassment are on the way.
Some other Twitch streamers objected after Twitch started displaying ads for a special stream from Ninja on their streams, as Variety reported. On Thursday the Mixer homepage featured a prominent announcement about Ninja's arrival. "For a limited time, subscribe to Ninja's channel for free!" it said.