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IKEA opens new London city centre store
IKEA opens new London city centre store

Swedish furniture giant IKEA on Thursday opened a new store in the heart of London's shopping district, with a flurry of balloons, flags -- and giant meatballs. Some shoppers held Swedish and UK flags as they posed for photos with a giant meatball, as others browsed the store, which it is hoped will help regenerate Oxford Street after the closure of several big-name outlets.

Microsoft raises Xbox prices globally, following Sony
Microsoft raises Xbox prices globally, following Sony

Microsoft announced Thursday that it will increase Xbox console prices worldwide, citing "market conditions" just days after Sony made a similar move with its PlayStation 5. In mid-April, Sony announced price increases for several PlayStation 5 models in select markets, including Europe but notably excluding the United States.