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Alibaba And JD.com Are Literally Paying The Price As China Delivery Wars Heat Up
Monday, May 12, 2025 - 10:18pm | 604Read More...Alibaba Group Holding (NYSE:BABA) and JD.com (NASDAQ:JD) are now competing fiercely in instant retail, where items are supposedly delivered within 30 to 60 minutes. What Happened: Facing slowing growth and squeezed consumer budgets, Alibaba's Ele.me and JD.com's JD Takeaway each pledged ¥10...
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Warner Bros. Discovery Pulling Back From 'More Is Better' Streaming Strategy, Bets Big On Premium Content — And Letting Scooby-Doo Sniff Out New Fans On Netflix
Thursday, May 8, 2025 - 10:46pm | 896Read More...Warner Bros. Discovery Inc. (NASDAQ:WBD) is reshaping its streaming strategy, cutting back on sheer content volume and doubling down on premium franchises, all while striking licensing deals like sending Scooby-Doo over to Netflix Inc. (NASDAQ:NFLX). What Happened: On Thursday, during the company's...
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Bob Iger Admits Marvel Lost Focus By Making Too Much Content, Saying 'Quantity Does Not Necessarily Beget Quality' — Here's What Disney Plans To Do Now
Wednesday, May 7, 2025 - 11:38pm | 574Read More...On Wednesday, Walt Disney Co. (NYSE:DIS) CEO Bob Iger acknowledged that Marvel Studios stretched itself too thin by producing too much content for streaming. What Happened: Speaking on Disney's second-quarter 2025 earnings call, Iger admitted that Marvel's heavy focus on producing content for...
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Meta's WhatsApp Wins $168 Million Verdict Against Pegasus Spyware Maker NSO Group For 2019 Hack
Wednesday, May 7, 2025 - 4:04am | 547Read More...Meta Platforms, Inc. (NASDAQ:META)-owned WhatsApp has secured a $168 million jury verdict against NSO Group, the Israeli firm behind the controversial Pegasus spyware, over a 2019 hacking incident. What Happened: A federal jury in California ruled that NSO Group must pay $168 million in damages to...
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Skype Is Officially Retiring Today — If You'd Invested $1,000 When Microsoft Bought It In 2011, Here's What You'd Be Sitting On Now
Monday, May 5, 2025 - 3:00am | 614Read More...As Microsoft Corporation (NASDAQ:MSFT) bids farewell to Skype today, May 5, the move marks not just the end of an internet era but a major turning point in the company's communication strategy — and for investors who believed in Microsoft back in 2011, when it acquired the platform, it's been a...
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Spotify Adds External Subscription Link in App Following Court's Ruling Against Apple In Epic Matter
Friday, May 2, 2025 - 2:40am | 614Read More...On Thursday, Spotify Technologies (NYSE:SPOT) said that it had submitted an updated version of its app to Apple Inc. (NASDAQ:AAPL) that includes an external link for U.S. users to purchase subscriptions outside the App Store. What Happened: The move follows a ruling by U.S. District Judge Yvonne...
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Apple Executive 'Outright Lied,' Says Judge In Epic Case Fallout — Tim Cook 'Chose Poorly'
Thursday, May 1, 2025 - 3:27am | 770Read More...U.S. District Judge Yvonne Gonzalez Rogers found Apple Inc. (NASDAQ:AAPL) and one of its top executives in contempt of court, accusing them of deliberately evading a 2021 injunction meant to curb the tech giant's control over App Store payments. What Happened: Rogers said Apple’s vice...
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Apple Ordered To Ease App Store Rules In US — Epic Games CEO Tim Sweeney Proposes Peace Deal, Saying 'We'll Return Fortnite' And Drop All Litigation Only If...
Wednesday, April 30, 2025 - 9:34pm | 760Read More...Following a U.S. court ruling that found Apple Inc. (NASDAQ:AAPL) violated the spirit of an injunction against anti-steering practices, Epic Games, backed by Tencent Holdings (OTC:TCEHY), has offered to bring Fortnite back to the App Store if the tech giant fulfills this one condition. What...
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Snapchat's My AI, Once Controversial, Sees 55% Year-Over-Year Growth In Daily Active Users: CEO Evan Spiegel Says, 'Augmented Reality Is The Ideal Interface'
Wednesday, April 30, 2025 - 3:20am | 665Read More...Snap Inc.'s (NYSE:SNAP) My AI, which faced significant backlash upon its launch, has now experienced a surge in daily active users, growing 55% year-over-year in the U.S. What Happened: On Tuesday, during Snap's first-quarter 2025 earnings call, CEO Evan Spiegel highlighted how the feature's...
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Spotify Defends $11.99 Price Tag, But Executive Says Raising Prices Is Now 'Part Of Our Toolbox' — Can Music Escape The Inflation Gauntlet?
Wednesday, April 30, 2025 - 12:11am | 941Read More...On Tuesday, Spotify Technologies (NYSE:SPOT) defended its $11.99 Premium plan while signaling that future price hikes could be part of its long-term strategy. What Happened: During Spotify’s first-quarter 2025 earnings call, executives were asked why the platform hasn't raised its price more...
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Trump's 145% China Tariffs Spark Seller Backlash As Amazon Prime Day 2025 Faces Pullouts And Discount Cuts: Report
Tuesday, April 29, 2025 - 12:03am | 559Read More...Amazon.com, Inc.'s (NASDAQ:AMZN) marquee shopping event could see fewer deals and less inventory as third-party sellers retreat amid rising import costs. What Happened: Some Amazon sellers are pulling out of Prime Day 2025 or scaling back discounts in response to steep tariffs imposed by President...
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Bill Ackman Missed Out On $3.4 Billion Payday By Selling Netflix Stock Before The Boom: NFLX Now Seen As A Recession Play
Saturday, April 26, 2025 - 3:27am | 710Read More...Hedge fund billionaire Bill Ackman's decision to sell his Netflix Inc. (NASDAQ:NFLX) shares during a rough patch in 2022 has become one of the most high-profile missed opportunities today. What Happened: In January 2022, Ackman revealed that his hedge fund, Pershing Square Capital Management, had...
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Netflix Confident Of Its 'Incredible Entertainment Value' As Recession Fears Intensify, Greg Peters Says $7.99 Ad Plan Engagement Remains 'Strong And Healthy'
Thursday, April 17, 2025 - 10:32pm | 749Read More...Netflix Inc.'s (NASDAQ:NFLX) Co-CEO Greg Peters has reassured investors that the company remains confident in its low-cost ad plan, despite ongoing market volatility and concerns over a potential recession fueled by new tariffs. What Happened: On Thursday, during Netflix's first-quarter earnings...
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Google's VEO 2 Will Allow You To Create High-Resolution Videos With Text In Gemini App, Sundar Pichai Shows Off Cyberpunk Style Anime
Wednesday, April 16, 2025 - 4:37am | 934Read More...On Tuesday, Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google rolled out its Veo 2 model to Gemini Advanced users. What Happened: After a limited four-month preview, Google has started expanding access to its Veo 2 text-to-video generator through the $20/month Gemini Advanced plan. The tool lets...
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Netflix Debuts OpenAI-Backed Search Engine That Lets You Discover Movies And TV Shows Based On Emotions, Not Just Titles
Saturday, April 12, 2025 - 4:58pm | 602Read More...Netflix Inc. (NASDAQ:NFLX) has begun testing an artificial intelligence–powered search engine that enables subscribers to find movies and TV shows based on their emotions, preferences, or specific situations. What Happened: The feature, powered by OpenAI technology, is currently available to select...
















