Industry

Paramount Studios Possibly Put Under Credit Rating Downgrade Amid Cash Flow Challenges

S&P Global considers a credit rating downgrade for Paramount Global due to weakened cash flow amid its shift from linear TV to streaming.


Royal Mail Faces Lawsuit from Parcelforce Delivery Drivers Over Workplace Exploitation

Royal Mail allegedly classified delivery drivers as self-employed, avoiding sick pay and minimum wage requirements, among other declining work conditions.

Apple India Revenue Surges to $8.7 Billion With 9.2 Million iPhone Units Shipped

Analysts predict India could surpass China as the largest iPhone market by 2027, aligning with CEO Tim Cook's acknowledgment of record revenue in India.

Netflix, Spotify And Other Digital Media Providers Face Tax Crackdown After World Trade Meeting

Netflix, Spotify, and other digital media providers face scrutiny over their tax exemption as the World Trade Organization debates the fate of the e-commerce moratorium during its Abu Dhabi meeting.


Latest News

Sarah Bond, Microsoft's Xbox President, hinted at an upcoming gaming console that promises to deliver the "largest technical leap" in Xbox history.
Tesla is set to issue a software update to address rear camera issues affecting 8,700 vehicles in China amid ongoing regulatory scrutiny.
Spotify's EU complaint over Apple's alleged unfair competition receives a reply from the Cupertino-based company as a potential 500 million euro fine looms.
Volvo Cars' 5% decline in European markets comes after it decides to distribute 62.7% of its Polestar stake to shareholders, aiming to refocus resources for transformation.
Vodafone Idea Limited witnessed a significant surge in share value, with prices rising 9% to Rs 17.60 ($0.21), while announcing plans for fundraising to address high debt levels and facilitate 5G network upgrades.
Google announced on Thursday the temporary suspension of its Gemini AI image generation feature. Google announced on Thursday the temporary suspension of its Gemini artificial intelligence (AI) image generation feature following reports of "inaccuracies" in historical images.
Intuitive Machines made history after its Odysseus lander became the first commercial spacecraft to land on the moon.
Reddit is going public after submitting its IPO prospectus to the US Securities and Exchange Commission (SEC) on Thursday.
Renault CEO Luca de Meo urges European industrial nations to counter the threat of cheap foreign electric vehicles, highlighting Europe's passive stance in contrast to US subsidies and Chinese industrial strategies.
CEO Tufan Erginbilgic attributes Rolls-Royce's success to its transformation efforts, with a forecasted 6% profit growth in 2024.
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