Disney CFO Foresees Streaming Service Price Hikes Ahead
Disney's CFO, Hugh Johnston, predicts that streaming service prices will increase in the future. He highlighted the transformative impact of Disney+ on the company's business model...
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Oracle's Q2 Revenue Surges 9% to $14.1 Billion, Despite Missing Market Forecasts
Oracle Corporation announced a 9% revenue growth to $14.1 billion in Q2 of fiscal 2025, with GAAP diluted earnings per share jumping 24% to $1.10 and net income rising 22% to $3.2 ...
EU Investigates Google and Meta's Controversial Ad Deal Targeting Minors
The European Commission is investigating a secret advertising partnership between Google and Meta that may have violated Google's rules for protecting minors online. Regulators hav...
TeamViewer Acquires 1E for $720 Million: A Strategic Move in the Digital Workplace Market
German software company TeamViewer acquires IT firm 1E for $720 million, aiming to integrate remote access expertise with 1E's autonomous IT platform to enhance customer benefits a...
Elon Musk Advocates for Reevaluating Tax Benefits for NGOs
Elon Musk recently suggested that tax advantages for nonprofit NGOs should be reconsidered, responding to a post critical of the sector's growth. The post claimed the 'modern degen...
Stellantis and CATL Join Forces to Build a Massive Battery Plant in Spain
Stellantis NV and CATL announce a €4.1 billion joint venture to build a lithium iron phosphate battery plant in Zaragoza, Spain, aiming for a 50 GWh annual production capacity by 2...
Allianz to Distribute 75% of Net Income to Shareholders: A Bold Move
Allianz SE announces a new dividend policy to redistribute 75% of its net income to shareholders via dividends and share buy-backs over the next three years. The German insurer wil...
Oracle's Q2 Revenue Surges 9% to $14.1 Billion: A Closer Look
Oracle Corporation announced a 9% revenue growth to $14.1 billion in Q2, slightly below market forecasts. The company's GAAP diluted earnings per share jumped 24% to $1.10, and net...
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