China's Media Crackdown Sends A Chill Through Its Tech Sector
7 days ago - By Forbes
China is going after some of its most successful media companies in latest crackdown, which suggests broadened censorship scope and a further tightening up of its online environment.
Read more ...Why Netflix Stock Jumped as Much as 8% to an All-Time High
7 days ago - By Fortune
Growth at big companies chasing mature markets is supposed to slow down. Think about wireless phones or cable TV. But that rule doesn't seem to apply to Netflix , at least not yet.
Even after more than 20 years in business, the world's biggest streaming video service experienced some of its fastest growth ever in the first quarter, helping to give its stock a big lift.
Netflix shares, which hit an all-time high of $333.98 last month before selling off in the recent stock market decline, jumped as much as 8% in after hours trading on Monday. That put the stock price just pennies below the...
Read more ...CEO Reed Hastings thinks Netflix is 'inoculated against' a potential regulatory crackdown on tech companies
7 days ago - By Business Insider
Regulators are talking seriously about imposing new regulations on Facebook and other big tech companies.
But Netflix CEO Reed Hastings thinks his company will be unaffected by a regulatory crackdown.
Unlike other tech giants, the streaming video company doesn't sell ads, and is much more of a media company, he argued on a conference call following Netflix's first-quarter earnings report.
Hastings sits on Facebook's board of directors.
In the wake of the Cambridge Analytica scandal and the Russian government's alleged attempt to influence the 2016 presidential election, policymakers in the...
Read more ...
The headlines of Business Mag
Google tripled spending on property and computers to $7.3 billion in Q1...
Alphabet's capital expenditures nearly tripled in the first quarter. Alphabet CFO Ruth Porat said some of the costs were due to the purchase of the Chelsea Market, home to...
Google beats expectations again with $31.15B in revenue
Alphabet, Google's parent company, reported another pretty solid beat this afternoon for its first quarter as it more or less has continued to keep its business growing...
Does Proactive Customer Service Give You A Competitive Advantage?
Mohamed hassan / Pixabay The era of social messaging and intelligent automation, for customer service, has truly come to fruition. With this, brands are starting to realize...
A former assistant US attorney explains why Michael Cohen is likely to flip...
People close to President Donald Trump think it's likely his longtime lawyer Michael Cohen will flip on the president to avoid a lengthy prison sentence. Cohen's offices were...
Netflix sinks after saying its going to issue $1.5 billion of junk bonds
Shares of Netflix sank more than 3% Monday after the company announced a new $1.5 billion debt offering. This latest round of junk bond offerings will add to Netflix's total...
Stocks go nowhere as 10-year gets really close to 3%
Stocks closed mixed Monday, with losses in technology shares and major aluminum company Arconic Inc. The 10-year Treasury yield soared to nearly 3%, and the dollar climbed...
LIVE: Here come Alphabet's Q1 earnings
Google-parent company Alphabet reports its Q1 earnings after the closing bell on Monday. Wall Street is eagerly waiting to see whether YouTube, the company's dominant video...
People across the US are throwing away romaine lettuce due to an E. coli...
More than 53 people have gotten sick in 16 US states after eating romaine lettuce contaminated with E. coli bacteria . Romaine lettuce from the growing region of Yuma, Arizona...
Wall Street will never have the courage to admit why Eddie Lampert failed
Eddie Lampert failed at turning Sears around because the entire premise of his approach to the retailer is flawed. Activist investors like him are the purest expression of...
7 Cost-Effective And Powerful Ways To Market Your Business
There comes a time for every business where they need to reassess their marketing spend, and look at ways to save money. Standing out from the crowd, and generating more...