Facebook President and CEO Mark Zuckerberg testifies at a hearing of the House of Representatives Financial Services Committee examining the company’s plan to launch a digital currency on Capitol Hill in Washington, USA, on Dec. 23. October 2019. Erin Scott | Reuters Mark Zuckerberg defended the Facebook acquisitions of Instagram …
Read More »AMD Q2 2020 Earnings
Lisa Su, CEO, AMD Scott Mlyn | CNBC AMD shares rose as much as 10% in extended trading on Tuesday after the company improved its revenue guidance for the current year as part of its second-quarter earnings results. This is how the company did it: Profits: Adjusted 13 cents a …
Read More »AMC and Universal make an agreement to shorten the days that a film needs to be screened in theaters before going digital
Frame from “Trolls World Tour”. Universal The dispute between AMC Theaters and Universal Pictures, which started with the release of the video-on-demand for “Trolls: World Tour” in March, ended. On Tuesday, the two companies announced an agreement for AMC to show Universal movies on the big screen once again and …
Read More »Starbucks (SBUX) third quarter 2020 earnings
People wear protective face masks outside of Starbucks in downtown as the city moves to Phase 2 of reopening after restrictions imposed to curb the coronavirus pandemic on June 23, 2020 in New York City. Noam Galai | fake pictures Starbucks suffered losses during its fiscal third quarter, as its …
Read More »Kodak’s shares skyrocket when the former photography giant enters the drug business
Actions of Kodak (KODK), the former photography leader who now produces advanced materials and chemicals, rose 300% after The Wall Street Journal reported the news of the loan. The stock rose 230% in morning trading. The loan is the first of its kind under the Defense Production Law, according to …
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