Tag Archives: Breaking News: Business

Focus on revenue, profit, not subscriber adds

Netflix logo Mario Tama | Getty Images News | Getty Images Netflix has a message for investors: start focusing on revenue and profit, and stop obsessing about subscriber growth. Netflix made its argument with several pointed comments in its quarterly shareholder letter. The world’s largest streamer said it will stop …

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Netflix (NFLX) earnings Q3 2022

In this photo illustration the Netflix logo in the App Store seen displayed on a smartphone screen. Rafael Henrique | SOPA Images | LightRocket | Getty Images Netflix shares skyrocketed more than 14% after the bell Tuesday as the company posted better-than-expected results on the top and bottom lines. The …

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Relativity Space expansion at NASA’s Stennis for rocket engine testing

A map of the company’s expansion plans at NASA’s Stennis space center in Mississippi. Relativity Space Relativity Space, which 3D-prints rockets, said Tuesday that it signed a deal to expand its presence at NASA’s Stennis Space Center in Mississippi and create one of the country’s largest rocket engine test facilities. …

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Activist investor Starboard reveals stake in Salesforce, sees significant opportunity

Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John’s International Inc. Brendan McDermid | Reuters Starboard Value LP has taken a stake in Salesforce, with founder Jeff Smith saying a significant opportunity remains in the enterprise software maker, according to CNBC’s David Faber. Dow-component Salesforce jumped 7% …

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Semafor debuts in tough media environment

Ben Smith, left, and Justin Smith Source: Semafor Semafor, a new digital media company with a focus on global news for college educated readers, debuted Tuesday with intentions to bring transparency and clarity to a news business its co-founders believe has become too polarized. Semafor has been preparing for its …

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Hearing aids are now available over the counter at Walmart, Walgreens, CVS and Best Buy

Millions of Americans with hearing loss can now purchase hearing aids without a prescription or medical exam from Walgreens, CVS and Best Buy, according to the companies. Walgreens on Monday started selling over-the-counter hearing aids online and at its stores nationwide for $799 a pair. By comparison, the average cost …

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Kanye West agrees to buy Parler, company says

Kanye West arrives at the Vanity Fair Oscar Party on Feb. 9, 2020, in Beverly Hills, Calif. Evan Agostini | Invision | AP Kanye West, the superstar rapper who has made several inflammatory and antisemitic comments in recent weeks, has agreed in principle to buy conservative social media platform Parler, …

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Rupert Murdoch explores reuniting Fox and News Corp

President Donald Trump (L) is embraced by Rupert Murdoch, Executive Chairman of News Corp, during a dinner to commemorate the 75th anniversary of the Battle of the Coral Sea during WWII onboard the Intrepid Sea, Air and Space Museum May 4, 2017 in New York. Brendan Smialowski | AFP | …

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Nikola NKLA founder Trevor Milton found guilty of fraud

Trevor Milton CEO of Nikola Massimo Pinca | Reuters Trevor Milton, the founder and former chairman and CEO of electric heavy truck maker Nikola, was found guilty in federal court on Friday of three of four counts of fraud relating to false statements he made to drive up the value …

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NFL and Apple are at odds in Sunday Ticket negotiations

Kansas City Chiefs quarterback Patrick Mahomes (15) is sacked by Los Angeles Chargers linebacker Drue Tranquill (49) in the first quarter at Arrowhead Stadium on Thursday, Sept. 15, 2022, in Kansas City, Missouri. Tammy Ljungblad | Tribune News Service | Getty Images The National Football League season is heading into …

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