Activision Profit Falls But Results Beat
Activision Profit Falls But Results Beat
Get Satisfaction With Ed Sheeran and Rolling Stones Singing 'Beast of Burden'
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Activision Blizzard said its second-quarter profit dropped 37%, but other indicators were positive for the videogame maker as it prepares for new titles to drive growth. The company's revenue declined 8% for the period, which is seasonally weak. Activision's numbers topped its prior forecasts.
if you're Ed Sheeran, you never know who might call. Sheeran hopped onstage with The Rolling Stones to perform the 1978 classic "Beast of Burden" over the weekend. Sheeran received a phone call from Mick Jagger on Friday and learned the song in just one day before playing it Saturday during the band's tour stop in Kansas City, Missouri. In the past year alone, the 24-year-old English singer-songwriter has sang impressive duets with Beyoncé, Demi Lovato, Macklemore, Taylor Swift, Kermit the Frog and an unsuspecting mall performer. Two years ago in Las Vegas, the band brought out Katy Perry to deliver a more animated rendition of "Beast of Burden."
Islamic State has claimed responsibility for a car bomb that exploded in the Yemeni capital Sanaa overnight. Medics said the bomb wounded at least 28 people gathered to mourn another attack earlier this month. In a new sign that three months of war in Yemen was escalating, the country's military spokesman said its forces had launched a Scud missile at a Saudi military base on Tuesday.
Iran and six world powers ramped up negotiations on Tuesday after accepting they would miss a June 30 deadline for a nuclear deal, with both sides cautioning that major obstacles to a lasting agreement remained. Diplomats said the Vienna talks would run on for as long as necessary to reach a deal intended to promise an end to sanctions in exchange for at least a decade of limits on Iran's most sensitive nuclear activities.
An Indonesian air force transport plane crashed Tuesday into a residential neighborhood in the country's third-largest city of Medan, killing at least 20 people. Indonesian television broadcast images of the wreckage of the downed Hercules C-130, a crumpled burning car and a shattered building that local media said contained a spa. Smoke billowed from the site and several thousand people milled nearby. Adam Malik hospital spokeswoman Sairi M. Saragih said the hospital has received 20 bodies so far. She said two people from the neighborhood were critically injured. The crash of the transport plane occurred just two minutes after it took off from Soewondo air force base. Air force chief Air Marshall Agus Supriatna said the pilot told the control tower that the plane needed to turn back because of engine trouble. Supriatna said, "The plane crashed while it was turning right to return to the airport." He said There were 17 military personnel on the plane.
The UK economy grew faster than previously estimated in the first three months of the year, figures have shown. The Office for National Statistics said the economy grew by 0.4% in the quarter, compared with an earlier estimate of 0.3%. Growth was boosted by a better performance from the construction industry than previously estimated. On an annual basis, the economy grew by 2.9% from the first quarter of 2014, up from a previous estimate of 2.4%. The latest revision is the third estimate for the period. For 2014 as a whole, economic growth was revised up to 3% from 2.8%. That marked the fastest rate of economic growth since 2006. The ONS figures showed household disposable income grew by 4.5% year-on-year, the fastest annual pace since the second quarter of 2001.
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