Why Comcast’s NBCUniversal Is Teaming Up with Snap
Snap (SNAP) is teaming up with Comcast’s (CMCSA) NBCUniversal to make content for Snapchat. Snap has been working to add features to retain its users and attract additional users. NBCUniversal…
Netflix noted that it would spend $8 billion on original content in 2018.
In 3Q17, Netflix posted EPS (earnings per share) of $0.37 compared to earnings estimates of $0.32.
About 66.5% of adults in 52 key countries are expected to own a smartphone in 2018. That percentage is up from 63.0% in 2017 and 58.0% in 2016.
According to research estimates, US adults will spend about 12.08 hours per day on media in 2017, compared with 10.18 hours per day in 2007.
Snap’s (SNAP) Snapchat users will soon be sharing their locations on the app when they take pictures or videos.
Alibaba (BABA) announced on October 11 that it plans to increase its expenditure on R&D to an eye-popping $15 billion over the next three years.
Ola, Uber’s biggest rival in India, just closed a $1.1 billion round of financing led by Chinese Internet giant Tencent Holdings (TCEHY).
Earlier this year, Apple said it will be spending a whopping $1 billion on original content over the next couple of years.
GOOGL stock has climbed 25.5% YTD (year-to-date), but the stock only rose 1.8% in 2016.
The EU (European Union) has ordered Luxembourg on Wednesday, October 4, to retrieve ~250 million euros in back taxes from Amazon.com (AMZN).
Netflix (NFLX), one of the leaders in the video-streaming segment, has taken a bold step and raised its prices.
On October 3, at the Vanity Fair Establishment Summit, CEO Evan Spiegel revealed that Snap has sold over 150,000 units of Snap Spectacles sunglasses.
Digital streaming company Roku went public on Thursday, September 28. The company’s IPO (initial public offering) was set at $14 per share, which is at the higher end of its…
Facebook (FB) clearly wants to invest big in video streaming—especially in sports.
Lyft hasn’t gotten on the autonomous car bandwagon yet, but it’s making ties with several companies on that front.
Social-media company Twitter (TWTR) said that it will start testing a new limit of 280 characters.
Chinese e-commerce company Alibaba (BABA) is getting more serious about logistics.
Facebook (FB) stock has fallen 2.1% in the trailing one-month period as of September 25, but has risen 27.3% in the trailing one-year period.
Facebook’s (FB) Instagram App is growing rapidly. According to CNBC, Instagram revealed in an event held in New York City on Monday, September 25, that it now has as many as 800 million monthly active users.