NBA 2K19 MyTEAM: New Features, Updates & More

One of the most popular game modes in the NBA 2K series is receiving some major changes for NBA 2K19. An extensive post was published on Facebook about the changes the mode will be getting. Here’s a quick run-down of what the team is adding: MyTEAM UNLIMITED – MyTEAM Unlimited is an all-new competitive online mode that lets you bring your best lineup of 13 players to take on rivals across the globe! TRIPLE THREAT – MyTEAM’s single player experience where you play 3-on-3 against all 30 NBA teams, one division at a time. DAILY TRIALS – An all-new mode in MyTEAM where you earn MyTEAM Points for completing special… Read More

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The SEC reportedly sent subpoenas to Tesla concerning Elon Musk’s tweets about taking Tesla private (TSLA)

The Securities and Exchange Commission has sent subpoenas to Tesla concerning the company’s plans to explore going private and CEO Elon Musk’s statements about the process, Fox Business reports. Fox Business reporter Charles Gasparino said on Twitter that sources suggested the agency was moving into a formal investigation of Tesla. Tesla and the SEC declined Business Insider’s requests for comment. The Securities and Exchange Commission has sent subpoenas to Tesla concerning the company’s plans to explore going private and CEO Elon Musk’s statements about the process, Fox Business reports. Fox Business reporter Charles Gasparino said on Twitter that sources suggested the agency was moving into a formal investigation of Tesla.… Read More

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SAP’s SAP.io Foundry debuts the graduates of its second women-focused accelerator

SAP, the German-based enterprise software giant, has unveiled the New York-based cohort from its SAP.io Foundry accelerator programs focused on women-led technology companies. The first program was launched in San Francisco in July 2017, and while the company has launched additional accelerator programs in Berlin and Tel Aviv (with plans for a Paris accelerator in the Fall), it’s SAP’s San Francisco and New York programs that have a specific focus on women and founders of color, according to Vanessa Liu, a vice president in charge of the New York program. “The first one launched last summer, with San Francisco that was in July. Berlin launched in the fall with TechStars… Read More

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Chinese internet stocks are getting slammed after Tencent’s profit drops for the first time in almost 13 years

Tencent reported its first profit decline in nearly 13 years Wednesday. Shares are trading down almost 7% on Wednesday. The results are weighing on Chinese tech stocks traded in the US. Watch Tencent trade in real time here. Chinese tech stocks slid Wednesday in US trade after Tencent reported a surprise 2% drop in second-quarter net profit, the first decline for the Chinese tech giant in nearly 13 years. Tencent shares are down 6.67% following the results. The results were dragged down by slowing growth in mobile gaming and a decline in PC gaming. Mobile gaming revenue jumped 19% year-over-year, making for a sequential decline of 19%. Meanwhile, PC gaming… Read More

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MoviePass said a new strategy for working with theaters would boost revenue, but its finances show otherwise (HMNY)

Earlier this month, MoviePass CEO Mitch Lowe told Business Insider that charging theaters and studios more for marketing was a way to generate revenue that fit with industry norms. However, the company earned less revenue from marketing and promotions in the second quarter of the year compared to the first, according to the latest quarterly report from MoviePass’ owner, Helios and Matheson Analytics. As MoviePass scrambles to keep the lights on, it seems one of its new plans to earn more revenue hasn’t worked out as advertised. When the movie-ticket subscription service announced its most recent change — going from subscribers being allowed to see one movie per day to… Read More

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