Karen Bleier | AFP | Getty Images Verizon‘s $9 billion bet on AOL and Verizon hasn’t led to riches for shareholders of the largest U.S. wireless company. But other buyers may still find value in some of the assets. Verizon is weighing a sale of Verizon Media Group — previously called Oath, and before that,
Technology
In this article AAPL Apple CEO Tim Cook Spencer Platt | Getty Images In February, Apple CEO Tim Cook told shareholders that the company had bought about 100 companies in the past six years. That works out to the iPhone maker buying a company every three to four weeks. The statistic gives the impression of
In this article GOOGL MSFT AMZN AAPL FB Gwyn Photography | Digital Vision | Getty Images The tech industry is really two industries. There are the five giants, which operate at an almost unimaginable scale, and then there’s everybody else. Alphabet, Amazon, Apple, Facebook and Microsoft all reported March-quarter earnings this week, and some of
Amazon CEO Jeff Bezos Alex Wong | Getty Images Deep in the risk factors section of its quarterly report, Amazon changed one word in describing the importance of its founder at CEO. “We depend on our senior management and other key personnel, including Jeffrey P. Bezos, our founder, President, CEO, and Chairman,” the company said
In this article AAPL SPOT LONDON — Apple is breaching European competition rules by the way it distributes music streaming apps through its App Store, the European Commission said Friday. “The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position
In this article AMZN Jeff Bezos, founder of Amazon Katherine Taylor | Reuters Amazon is set to report first quarter earnings after the bell Thursday. Here’s what analysts are expecting: Earnings: $9.54 per share, according to Refinitiv Revenue: $104.47 billion, according to Refinitiv Few companies have benefited from the pandemic-fueled surge of online shopping as
In this article CMCSA NBCUniversal kicks off it’s new Peacock streaming service. Todd Williamson | Peacock | NBCUniversal | Getty Images Comcast is set to report first-quarter results before-the-bell on Thursday. Here are the key numbers: Earnings per share: 59 cents expected in a Refinitiv survey of analysts Revenue: $26.7 billion per Refinitiv High-speed internet
In this article AAPL NEW YORK, NEW YORK – SEPTEMBER 20: Apple CEO Tim Cook greets customers at the grand reopening of Apple’s flagship Apple Fifth Avenue retail store on September 20, 2019 in New York City. Taylor Hill | WireImage | Getty Images After a shockingly strong quarter in which Apple revenue grew 54%
Elon Musk, CEO of Tesla, stands on the construction site of the Tesla Gigafactory in Grünheide near Berlin, September 3, 2020. Patrick Pleul | picture alliance | Getty Images Tesla is sitting on roughly $2.5 billion worth of bitcoin, according to a securities filing, giving the automaker a significant gain on paper just a few
Susan Wojcicki, CEO, YouTube speaking at #VidCon, July 23, 2015. Harriet Taylor | CNBC Google’s YouTube is already the world’s largest online video platform. If continues growing the way it has the last several quarters, it could also match Netflix in revenues by year’s end. In its first-quarter earnings report Tuesday, Google parent company Alphabet
The Spotify application is seen on an iPhone in this photo illustration. Jaap Arriens | NurPhoto | Getty Images Spotify on Tuesday launched its podcast subscription service in the U.S., giving creators more range in how they choose to make money. The move comes just one week after streaming rival Apple announced its own subscription
In this article TSLA CEO of Tesla Motors Elon Musk reacts following the company’s initial public offering at the NASDAQ market in New York June 29, 2010 Brendan McDermid | Reuters Tesla is slated to report first-quarter earnings after the bell on Monday. Here’s what analysts are expecting, according to estimates compiled by Refinitiv: Earnings: 79
Tim Cook, chief executive officer of Apple, speaks at the 2019 Dreamforce conference in San Francisco on November 19, 2019. David Paul Morris | Bloomberg | Getty Images Apple announced on Monday that it plans to open a new campus in the Raleigh, North Carolina area. Apple will spend over $1 billion on the campus,
Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Johannessen-Koppitz | Bloomberg | Getty Images Elon Musk will host NBC’s “Saturday Night Live” for the first time on May 8, the long-running sketch comedy show announced over
In this article VIAC CMCSA NFLX GTN TGNA SBGI SSP NXST EW Scripps CEO Adam Symson Source: EW Scripps The technology behind the distribution of television has evolved with time, from the antenna to cable to satellite, and most recently to streaming. Now, according to EW Scripps Chief Executive Officer Adam Symson, the time has
In this article GOOGL Yichuan Cao | NurPhoto | Getty Images Google‘s recently promoted Search boss Prabhakar Raghavan made $55.25 million last year, according to the company’s annual proxy filing with the U.S. Securities and Exchange Commission. That amount takes into account his 2020 fiscal year salary of $655,000, stock awards amounting to $54.58 million