One of the top-funded VR content startups with backers including Disney and GV (Google Ventures) is laying off a “significant portion” of its employees as it pivots away from virtual reality. In a.. Credit: TechCrunch - Published
· According to a new report from analysts at Morgan Stanley, Disney's upcoming streaming service will gain over 20 million subscribers by 2024.
· The analysts projected the service to be profitable.. Credit: Business Insider - Published
Venom has emerged as Sony's highest-grossing film in Russia and has a shot at reaching the top ten all-time list in the country, THR reports.The Tom Hardy-led superhero blockbuster grossed 1.59 billion..
· *The over-the-top TV (OTT) space is getting increasingly crowded, but Hulu thinks it's well-equipped to take on its competitors.*
· *In a recent interview with Business Insider, the streaming.. Credit: Business Insider - Published
The benchmark S&P 500 index edged lower in choppy trade on Monday as technology stocks were pressured by lingering worries over interest rates and corporate earnings, while gaining Disney shares helped.. Credit: Reuters - Published
· Bank of America Merrill Lynch's investment banking woes continue to mount.
· While overall profits in the third-quarter soared 32% to $7.2 billion, investment banking fees in the firm's Global.. Credit: Business Insider - Published
Walt Disney has offered concessions in an attempt to allay EU antitrust concerns over its $71.3 billion bid for Twenty-First Century Fox Inc's entertainment assets, the European Commission said on.. Credit: Reuters India - Published Also reported by •RTE.ie •SeekingAlpha
In a move to win over European Commission regulators, The Walt Disney Co. has offered concessions on its $71 billion acquisition of 21st Century Fox’s entertainment assets, the European Union body.. Credit: bizjournals - Published
by Graham Pierrepoint -
It’s that time again – it’s always worth dipping into history here and there, not only because there’s plenty of lessons to be learned –.. Credit: One News Page Staff - Published
Google’s new Pixel 3 phones are almost here, and the company is pulling out all the stops to make sure that everyone knows about them: the phones have a five-day ad buy for the entire week of Jimmy.. Credit: The Verge - Published
Sears filed for Chapter 11 bankruptcy early Monday morning after a multiyear battle to stay afloat amid steep declines in sales and customer traffic.
The company said that it would close 142 stores.. Credit: Business Insider - Published
BURBANK, Calif.--(BUSINESS WIRE)--The Walt Disney Company (“TWDC”) (NYSE: DIS) announced today amendments to certain terms and conditions of the previously announced (i) offers to exchange (the.. Credit: Business Wire - Published
The Walt Disney Company (NYSE:DIS) has offered to make concessions as it tries to allay EU competition concerns over its US$71bn takeover bid for 21st Century Fox Inc’s (NASDAQ:FOXA) entertainment.. Credit: Proactive Investors - Published
Silicon Publishing announces its latest plugin for Adobe XD, building upon more than a decade of extending Adobe CC applications. Silicon Connector for Adobe XD enables users to navigate Dropbox.. Credit: PRWeb - Published
Here is what you need to know.
*The global stock market sell-off resumes as Saudi sanction fears push oil higher. *Global markets remained under pressure Monday, with Japan's Nikkei losing 1.9% and.. Credit: Business Insider - Published
Bank of America Merrill Lynch is set to report third-quarter earnings at about 6:45 a.m. Monday.
Analysts expect the bank to report adjusted earnings per share of $0.62, a 29.5% increase from last.. Credit: Business Insider - Published