entertainment

Stephen King testifies in favor of the government in the book merging trial

Washington (AFP) – Renowned author Stephen King cautiously stepped before the witness stand Tuesday in a federal antitrust trial. Tracing his own history, he painted a picture of a publishing industry that has become increasingly concentrated over the years while rewarded in abundance for his creative endeavors. “My name is Stephen King. I am a …

Stephen King testifies in favor of the government in the book merging trial Read More »

Norman says Tiger Woods rejected a Saudi offer of between $700 million and $800 million

Tiger Woods rejected an offer that Greg Norman says was “somewhere in this neighborhood” of $700 million to $800 million to participate in the Saudi-funded LIV Golf Series. During an appearance on Fox News with Tucker Carlson that aired Monday night, Norman confirmed what he told the Washington Post in a story two months ago. …

Norman says Tiger Woods rejected a Saudi offer of between $700 million and $800 million Read More »

Pinterest stock jumps more than 20% despite profit loss, as Elliott confirms stake and users remain

Pinterest Inc missed forecasts on earnings and directed lower revenue than analysts had expected in the current quarter, but shares continued to rally in after-hours trading as users paused in a quarter that prompted a sudden turnaround and attracted an active investor. pinterest pins, + 2.62% On Monday, it reported a second-quarter loss of $43.1 …

Pinterest stock jumps more than 20% despite profit loss, as Elliott confirms stake and users remain Read More »

Tesla investors urged to vote against board members, to shareholder proposals through influential advisory services

Two prominent and influential proxy consulting firms are urging Tesla Inc investors. to vote against the re-election of two members of the Board of Directors, recommend defying the wishes of the company and vote for six out of eight proposals for shareholders. Tesla TSLA, + 0.04% He faces several employee controversies and is caught up …

Tesla investors urged to vote against board members, to shareholder proposals through influential advisory services Read More »

Explainer: an attempt to prevent the merger of books fighting competition

Washington (AFP) – At a time of mega-mergers and high-tech company buy-outs, the plan of the largest US book publisher to buy the fourth-largest company for just $2.2 billion may seem a little strange. But the deal is such a major test of the Biden administration’s antitrust policy that the Justice Department is calling an …

Explainer: an attempt to prevent the merger of books fighting competition Read More »

Opinion: Big Tech shows it’s good to be big, slowing growth leads to stock gains while smaller competitors find only pain

After charging double digit growth during the pandemic, results from the five biggest tech giants in the US this week showed a slowdown as they grapple with inflation, a looming recession and an overall slowing economy, but they were largely rewarded by Wall Street because they are the size It shows their strength. Over the …

Opinion: Big Tech shows it’s good to be big, slowing growth leads to stock gains while smaller competitors find only pain Read More »

Apple earnings (AAPL) for the third quarter of 2022

Apple announced its third-quarter financial earnings on Thursday that beat Wall Street forecasts for sales and profits but showed sluggish growth for the iPhone maker. Apple stock is up more than 3% in extended trading. Here are the key numbers compared to what Wall Street was expecting, according to Refinitiv estimates: EPS: $1.20 vs. $1.16 …

Apple earnings (AAPL) for the third quarter of 2022 Read More »

Comcast earnings for the second quarter of 2022

NBCUniversal has launched a new Peacock streaming service. Todd Williamson | peacock | NBC International | Getty Images Comcast reported second-quarter revenue and earnings that beat analyst estimates, but the cable provider didn’t add broadband customers in a quarter for the first time ever. Comcast’s high-speed Internet customers in the quarter were flat, falling behind …

Comcast earnings for the second quarter of 2022 Read More »