Vince Zampella, the co-creator of video game series Call of Duty, has died at age 55. Zampella passed away on Sunday following a severe single-vehicle crash on a Los Angeles highway in California. According to the California Highway Patrol (CHP), for reasons still under investigation, the Ferrari he was in veered off the roadway, struck a concrete barrier, and became fully engulfed in flames. A viral video from the scene showed the fiery aftermath of the collision. The CHP reported that two o

TikTok has reached an agreement that would give it a new set of owners in the US as part of a joint-venture agreement. Larry Ellison's Oracle, Abu Dhabi investment firm MGX, and private-equity firm Silver Lake are all coming on as managing investors in the US spin-off. But how much influence will these investors have over the money-making side of the business? Not much, according to an internal memo TikTok CEO Shou Chew sent to employees on Thursday, viewed by Business Insider. The new investo

A Delaware appeals court cleared the way Friday for Elon Musk to receive a long-contested $56 billion Tesla pay package, reversing an earlier judgment in the protracted case. The decision by the Delaware Supreme Court rejects a pair of judgments by Chancellor Kathaleen McCormick of the state’s Court of Chancery and sets the stage for the world’s richest person to get another windfall. In a pair of 2024 rulings, McCormick invalidated the 2018 package, which once loomed as historically large but

TikTok has signed a deal to sell its U.S. business to three American investors — Oracle, Silver Lake and MGX — ensuring the popular social video platform can continue operating in the United States. The deal is expected to close on Jan. 22, according to an internal memo seen by The Associated Press. CEO Shou Zi Chew said in the memo that ByteDance and TikTok have signed binding agreements with the three investors. The new TikTok U.S. joint venture will be 50% held by a consortium of new invest

New York Attorney General Letitia James issued a statement Tuesday after a federal judge blocked efforts by the Trump administration to impose fines on states tied to their Supplemental Nutrition Assistance Program operations. “Our most vulnerable residents rely on SNAP to put food on the table. Despite the federal government’s best efforts to make it more difficult for food assistance to reach those in need, today’s decision ensures New York’s SNAP program can continue running without interrup