The Disney+ logo is displayed on a TV screen in Paris, December 26, 2019. Chesnot | Getty Images Disney is raising prices on almost all of its streaming offerings as it looks to accelerate profitability for the business. Commercial-free Disney+ will cost $13.99 per month, a 27% increase, beginning Oct. 12. Disney+ with ads will
Technology
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT An Amazon delivery drone is on display at Amazon’s BOS27 Robotics Innovation Hub in Westborough, Massachusetts on November 10, 2022. Joseph Prezioso | AFP | Getty Images Amazon has lost two executives key to the company’s drone delivery operations, the latest setback for an aspirational
In this article WE Follow your favorite stocksCREATE FREE ACCOUNT 29 July 2023, Australia, Sydney: The logo of “Wework,” a company that offers office space and coworking spaces for the self-employed and businesses, lights up downtown in front of skyscrapers. Sebastian Christoph Gollnow | Picture Alliance | Getty Images Four years ago WeWork was preparing
In this article 9984.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp. Kiyoshi Ota | Bloomberg | Getty Images SoftBank reported a surprise loss in the first quarter covering April-June, despite an investment gain from its massive tech-focused Vision Fund. Here’s how the company did: The
In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT The publishing offices of Simon and Schuster in New York. Amy T. Zielinski | Newscast | Universal Images Group | Getty Images Paramount Global agreed to sell book publisher Simon & Schuster to private equity giant KKR for $1.62 billion, the media company said Monday
Apple CEO Tim Cook speaks during Apple’s Worldwide Developers Conference (WWDC) at the Apple Park campus in Cupertino, California, on June 5, 2023. Josh Edelson | AFP | Getty Images Apple’s next-generation iPhone 15 is slated for sales launch around September 22, Bloomberg reported Monday. When the company unveils a new iPhone model, the hype-filled
Smoke billows from an unauthorized steel factory, foreground, on November 4, 2016 in Inner Mongolia, China. To meet China’s targets to slash emissions of carbon dioxide, authorities are pushing to shut down privately owned steel, coal, and other high-polluting factories scattered across rural areas. (Photo by Kevin Frayer/Getty Images) Kevin Frayer | Getty Images News
Lorenzo Di Cola | Nurphoto | Getty Images Social network Twitter, recently rebranded as X, has commandeered the handle “@music” from open-source software developer Jeremy Vaught, who told CNBC he created the account in 2007, and had built a community of around half a million followers there. While Elon Musk-led X gave Vaught no choice
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Thilina Kaluthotage | Nurphoto | Getty Images Meta’s Twitter-like Threads app will soon get a search function and be available to access via the web. In a Threads post on Friday, Meta CEO Mark Zuckerberg said the new features will be “coming in the next
During a recent earnings presentation, SoftBank Founder Masayoshi Son (pictured here in 2019) said the company will go into “defense” mode as a result of myriad headwinds that have roiled global markets. Tomohiro Ohsumi | Getty Images Softbank’s Vision Fund filed suit against the founders of one of its portfolio companies on Monday, alleging that
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook listens as U.S. President Joe Biden speaks during a roundtable with American and Indian business leaders alongside in the East Room of the White House on June 23, 2023 in Washington, DC. Anna Moneymaker | Getty Images Apple shares fell 4.8%
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT An illustration of the new Apple store in Mumbai, India Source: Apple India imposed restrictions on the imports of personal computers and tablets, citing security reasons and the need to boost domestic manufacturing — in a move that could impact Samsung and Apple hardware sales
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Andy Jassy, CEO of Amazon, speaks at the ceremonial ribbon cutting prior to tomorrow’s opening night for the NHL’s newest hockey franchise the Seattle Kraken at the Climate Pledge Arena on October 22, 2021, in Seattle. Bruce Bennett | Getty Images Sport | Getty Images
In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Kevin Mazur | Getty Images Entertainment | Getty Images Warner Bros. Discovery reported second-quarter results Thursday that fell below Wall Street expectations across the board and revealed subscriber totals that were down from the previous quarter. Global direct-to-consumer streaming subscribers at the end of the
In this article QCOM Follow your favorite stocksCREATE FREE ACCOUNT Qualcomm president and CEO Cristiano Amon speaks about Qualcomm’s technology for automakers at a news conference during CES 2022 in Las Vegas, Nevada, January 4, 2022. Steve Marcus | Reuters Qualcomm reported third-quarter earnings on Wednesday that beat Wall Street expectations, but revenue and guidance
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google CEO Sundar Pichai speaks on-stage during the Google I/O keynote session at the Google Developers Conference in Mountain View, California, on May 10, 2023. Josh Edelson | AFP | Getty Images Google wants to “supercharge” its seven-year-old smart assistant using new advancements in generative
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Workers fulfill orders at an Amazon fulfillment center on Prime Day in Melville, New York, US, on Tuesday, July 11, 2023. Johnny Milano | Bloomberg | Getty Images For the millions of sellers who make up the booming Amazon marketplace, few things are as perpetually
CNBC/Kif Leswing SAN FRANCISCO —Elon Musk marked San Francisco as the spot for X Corp. over the weekend, erecting a giant glowing X sign on top of the headquarters of the company on Friday. On Monday, CNBC saw workers dismantling the glowing X, removing its lights and an arm of the letter, after the construction
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Sofia Pitt, CNBC Apple is preparing to unveil its next generation of devices this fall, and the high-end iPhone 15 models will reportedly feature some major changes. The company has used its proprietary Lightning charger for iPhones since 2012, but the iPhone 15 and iPhone
The eToro logo is seen during the 2021 Web Summit in Lisbon, Portugal. Pedro Fiúza | Nurphoto | Getty Images Stock trading platform eToro agreed to a $120 million secondary share sale, giving the company a slightly lower valuation than the $3.5 billion it was valued at in a primary funding round earlier this year.
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