#Business Archives | NewsZoom.Click

Prior to the programming deadline, Fox Corp. and DirecTV struggle to reach a “fair agreement”

November 28, 2022November 28, 2022 Editor

DirecTV users may experience a Fox blackout starting on Dec. 2 when a carriage deal between the companies expires. Fox on Sunday started broadcasting a..

#Business

As more staff leave, Twitter is hit with confusion, chaos, and gallows humour (#RIPTwitter)

November 18, 2022November 18, 2022 Editor

Hundreds of key staff reportedly left the company Thursday ahead of Elon Musk's "extremely hardcore" culture reset of the social media giant. The drama surrounding..

#Business

BuzzFeed Ad Revenue is stable, but user engagement is declining

November 17, 2022November 17, 2022 Editor

Total revenue reached $103.7 million for the quarter, representing a 15 percent year-over-year increase. When compared to the prior year, BuzzFeed Inc.'s third-quarter ad revenue..

#Business

Bank of America analysts raise price target for Netflix to $370, the stock surges

November 15, 2022November 15, 2022 Editor

As the streaming giant stabilized subscriber growth and pushes into ad-supported streaming it has garnered a series of price target rises from other bullish analysts..

#Business

Disney is preparing a “Cost Structure Taskforce,” a targeted hiring freeze, and staff reductions

November 14, 2022November 14, 2022 Editor

CEO Bob Chapek also said the company is undertaking a "rigorous review of the company’s content and marketing spending." The Walt Disney Company is trying..

#Business

Amazon Experiences a $1 Trillion Market Value Drop, a First in History

November 10, 2022November 10, 2022 Editor

Amazon isn't the only company to lose value after pandemic highs, but it's the first to fall more than $1 trillion. When Amazon's market valuation..

#Business

After the Twitter acquisition, Elon Musk sells Tesla shares valued at least $3.95 billion

November 9, 2022 Editor

Tesla CEO Elon Musk sold additional shares of his electric car company after closing a $44 billion purchase of Twitter. Musk closed the deal on..

#Business

Meta invests more money in the metaverse, lays off 11,000 employees

November 9, 2022November 9, 2022 Editor

As the Facebook parent dug down on its risky metaverse gamble amid a collapsing advertising market and decades-high inflation, Meta Platforms Inc. announced on Wednesday..

#Business

Stephen King Hears Elon Musk’s Defense of Controversial $20 Blue Checkmark Twitter Plan

November 1, 2022November 1, 2022 Editor

The new Twitter owner has fired back at the author, whose horrified "f*** that" reaction to a plan to charge for a verification went viral:..

#Business

Comedy Central is in crisis mode following the abrupt departure of ‘The Daily Show’ anchor Trevor Noah

October 7, 2022October 7, 2022 Editor

The brand is in an unfunny place, lacking vision for the streaming era under leadership that partners claim is more interested in squeezing margins. Nobody..

#Business