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business

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Telltale Games is reportedly closing down and cancelling most current projects [Update: Confirmed]

Telltale Games has won critical praise for titles like The Walking Dead and The Wolf Among Us, but that was not enough to keep the lights on. A flood of now-former employees report that Telltale is closing its doors in the near future after laying off most workers. Telltale has not officially confirmed any changes as of yet, but this looks like the end.

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Smart speaker sales up 187% in Q2 2018: Google Home leads the pack, Chinese market sees rapid growth

With the ultra-affordable Google Home Mini and Echo Dot often on sale for as little as $30, it's no surprise that sales of smart speakers have gone through the roof over the past 12 months. The global market saw year-on-year growth of 187% in Q2, with total shipments increasing from 5.8 million in 2017 to a staggering 16.8 million for the same period in 2018. Google's lead from Q1 has been retained — it sold 5.4 million Home devices in the second quarter.

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WhatsApp to monetize by selling ads and charging business users

How to go about bringing in revenue is a problem Facebook has failed to solve in the four years since it acquired WhatsApp. The world's most popular messaging app cost roughly $22 billion, but other than a brief experiment with charging an annual 99-cent subscription fee, there has been no clear plan on how to monetize the service.

The company's reluctance to serve advertisements to its now 1.5 billion users is admirable, but it looks like that could change starting next year. According to the Wall Street Journal, there are plans to show ads in the Status section of the app.

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Samsung's Q2 2018 financial results show lower profits following 'soft' Galaxy S9 sales

Samsung has posted its financial results for the second quarter of 2018. Following two glowing quarters, Q2 2018 was relatively cool, with sales and profits falling compared to both last quarter and Q2 2017. The Korean electronics manufacturer said that "softer sales" of both the Galaxy S9 line and display panels were largely to blame.

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LG announces a profitable Q2 despite continued losses in mobile

LG revealed its second-quarter results today, and the news is good overall. The company had sales of $13.9 billion (up 3.2%) and a profit of $715.1 million (up 16.1%). The profit is thanks to brisk sales of appliances and home theater equipment. However, LG's mobile division continues to lose money.

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New G Suite features announced: Gmail Smart Compose, Hangouts Chat Smart Reply, Docs grammar suggestions, and more

Google has just revealed a host of new features for customers who use G Suite to organize their businesses. The additions are wide-ranging, covering areas such as security and productivity across products like Drive, Gmail, and Hangouts.

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Justice Department files appeal to block Time Warner-AT&T merger [Update: AT&T responds]

AT&T's landmark deal to acquire Time Warner might not be sailing through the courts after all. After getting approval for the deal in June, the US Justice Department has filed documents to appeal the decision, threatening to up-end AT&T's next big expansion.

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Project Loon and Wing become full-fledged Alphabet companies

As part of Google's big 2015 reorganization, many of the divisions tucked away inside Google became their own companies under the Alphabet umbrella. For example, the Google X's self-driving car project became Waymo. Now, two more wacky former Google projects are getting the same opportunity. Project Wing and Loon are both becoming Alphabet businesses.

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Sonos files for IPO to become a public company

Speaker maker Sonos has filed paperwork in the US to become a publicly traded company. The company plans to join the Nasdaq under the symbol SONO. It didn't specify an initial list price for shares, but it used a placeholder value of $100 million. That could go up or down as we get closer to the sale.

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Browser maker Opera plans to go public in the US

Opera has been making browsers and other apps for years, and now it's taking the next step. Opera has filed for an initial public offering (IPO) in the US, hoping to raise around $115 million. However, that number could change as we get closer to the IPO.

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