Netflix executives messaged Thursday that all is well with the business in the face of economic turbulence. But its full-year outlook tells a slightly more nuanced story. Netflix posted a big…
Editor’s Pick
-
-
Editor's Pick
Nintendo Switch 2 retail preorder to begin April 24 following tariff delays
by adminby adminNintendo on Friday announced that retail preorder for its Nintendo Switch 2 gaming system will begin on April 24 starting at $449.99. Preorders for the hotly anticipated console were initially…
-
Capital One Financial’s application to acquire Discover Financial Services in a $35.3 billion all-stock deal has officially been approved by the Federal Reserve and the Office of the Comptroller of the Currency, the regulators announced on Friday.…
-
Editor's Pick
Harvard’s battle with the Trump administration is creating a thorny financial situation
by adminby adminHarvard’s brewing conflict with the Trump administration could come at a steep cost — even for the nation’s richest university. On April 14, Harvard University President Alan Garber announced the institution would not…
-
Editor's Pick
Hermès to hike U.S. prices for iconic bags and scarves in response to Trump tariffs
by adminby adminFrench luxury group Hermès will raise its U.S. prices from the start of May in order to offset the impact of President Donald Trump’s tariffs, the company’s finance chief said Thursday. The…
-
Editor's Pick
Target CEO to meet with Rev. Al Sharpton as civil rights groups threaten boycotts over DEI
by adminby adminTarget CEO Brian Cornell will meet with the Rev. Al Sharpton this week in New York as the retailer faces calls for a boycott and a slowdown in foot traffic that…
-
Alphabet’s Google illegally dominated two markets for online advertising technology, a judge ruled Thursday, dealing another blow to the tech giant and paving the way for U.S. antitrust prosecutors to…
-
Editor's Pick
OpenAI in talks to pay about $3 billion to acquire AI coding startup Windsurf
by adminby adminOpenAI is in talks to pay about $3 billion to acquire Windsurf, an artificial intelligence tool for coding help, CNBC has confirmed. Windsurf, formerly known as Codeium, competes with Cursor,…
-
Editor's Pick
Temu slashes U.S. ad spending, plummets in App Store rankings after Trump China tariffs
by adminby adminChinese online retailer Temu, whose “Shop like a billionaire” marketing campaign made its way to last year’s Super Bowl, has dramatically slashed its online ad spending in the U.S. and seen…
-
Editor's Pick
Universal’s new Epic Universe park set to generate $2 billion for Florida in year one
by adminby adminEpic things are coming to Orlando. In a little more than a month, Universal will officially open the doors of its newest theme park, the first major theme park in the Florida…