Earned

How It All Started 10 years ago I worked as a software engineer and later quit the job to start my own projects. To save some extra money, I went to a small hometown, where I used to work on a website for students, accounting software and mobile games at the same time. Having no business experience caused some issues with generating income, so all projects had to be closed. I came back to the capital to get a job, again. The story repeated itself a few times. When I was broke again then faced a total economical crisis. I…

Two weeks , Blizzard’s has earned approximately $24 million for the , according to . In an estimate it shared with , the analytics firm said the free-to-play game was downloaded almost 8.5 million times over the same timeframe, with 26 percent of downloads originating in the US. The bulk of Blizzard’s revenue from Diablo Immortal has also come from America. To date, US players contributed about 43 percent of all the game’s earnings. To put Immortal’s early financial success in context, Hearthstone, the only other mobile…

Collective action is often the key to creating dramatic social or environmental changes, be it reducing pollution and waste, diminishing overfishing by sourcing alternatives, or getting more scientists to openly share their data with others.  Collective action, however, can involve social dilemmas. That's because the choice to act altruistically might come at some personal cost. To deal with such problems, cooperation and communication are key.Now our new research, published in Rationality and Society, sheds some light…

Apple CEO Tim Cook took home $770.5 million in compensation in 2021, earning enough to put him second in a list of the top ten Fortune 500 CEOs. Fortune figures published this week reveal that Tesla and SpaceX CEO Elon Musk was the most highly compensated CEO, earnings an eye-watering $23.5 billion thanks to options on Tesla stock awarded in 2018. Cook followed up in second: Cook has been CEO of Apple Inc. since 2011. He earned $770.5 million in 2021 alone, mostly as a part of a 10-year grant of shares worth $1.7…

Film lovers are keen to know more about Triangle of Sadness after the movie earnt an eight-minute standing ovation at Cannes Film Festival over the weekend.The movie, which stars Woody Harrelson, received a rowdy and overwhelmingly positive reception. As per Variety, the audience response was even stronger than the one for Top Gun: Maverick and other highly anticipated films that are being screened at the festival.The positive, albeit surprising, reaction has prompted many film lovers to look into Triangle of Sadness, so…

Credit: CC0 Public Domain The Earned Income Tax Credit (EITC)—a cash transfer program aimed at helping low to moderate income workers by giving them a break on their taxes—is not intended as a college subsidy, but the eligibility criteria for it incentivizes families sending children aged 19–23 years to college as this can increase EITC benefits by as much as $4,000 per year. An analysis in Economic Inquiry by researchers at…

Intel Chief Executive Officer Pat Gelsinger earned 1,711 times as much as the average worker at the US chipmaker in just 11 months since he joined in February last year, a regulatory filing showed on Wednesday.Compared to Gelsinger, former CEO Bob Swan had earned 217 times more than the average Intel employee in 2020.Gelsinger earned $178.6 million (roughly Rs. 1,352 crore) in 2021 with stock awards making up nearly 79 percent of his total compensation, which was about 698 percent higher than Swan's 2020 pay.Executive pay…