XBOX PRICES SURGE UP TO €200 IN EU AND UK
■ AI-SUMMARIZED FROM 2 SOURCES ▸ TIMELINE
Microsoft has announced significant price increases for Xbox consoles in Europe and the UK, with some models jumping over 40 percent. The hikes follow the company's US pricing adjustments announced in June.
■ MORE FROM THE BUSINESS DESK
Twilio stock surged after reporting record profitability and free cash flow that beat expectations. CEO Khozema Shipchandler sees significant untapped potential as AI becomes a larger revenue contributor.
DraftKings shares gained ground as the sportsbook operator leveraged World Cup viewership to drive customer acquisition and engagement. CEO Jason Robins attributed the company's stronger second-half outlook to both new and returning users attracted by the tournament.
Lyft CEO David Risher outlined the company's transformation into a global brand, signaling international expansion plans while comparing growth trajectories with autonomous vehicle competitor Waymo.
The White House is preparing an executive order claiming a connection between vaccines and autism, according to reports. The move contradicts decades of scientific research finding no link between the two.