A group of investors, including venture capital firms Sequoia and General Atlantic, are considering buying a majority stake, according to The Information and Financial Times. Investors are talking to the US Treasury Department and other regulators about whether a spin-off from TikTok would calm US concerns about the company, according …
Read More »Movie theaters won’t open soon. Studios need to change their playbooks.
Text size Melinda Sue Gordon / Warner Brothers The release of another highly successful film has been delayed. However, studios have another option for movie release, even if they seem reluctant to use it. Warner Bros., the Hollywood studio owned by AT&T (ticker: T), delayed the release date of Beginning, …
Read More »Microsoft’s earnings beat estimates, thanks to “at home” trend
Text size Denis Charlet / AFP via Getty Images Microsoft released better-than-expected financial results for its fiscal fourth quarter as demand for its cloud-based software increased amid the pandemic-induced change to work and learn from home. For the quarter ended June 30, Microsoft (ticker: MSFT) posted revenue of $ 38 …
Read More »China launches its first solo mission to Mars called Tianwen-1 ahead of the US.
A Long March-5 rocket, carrying an orbiter, lander, and rover as part of the Tianwen-1 mission to Mars, takes off from the Wenchang Space Launch Center in southern China’s Hainan province on July 23, 2020 . Noel Celis | AFP | fake pictures China launched an important mission to Mars …
Read More »China launches its first solo mission to Mars called Tianwen-1 ahead of the US.
A Long March-5 rocket, carrying an orbiter, lander, and rover as part of the Tianwen-1 mission to Mars, takes off from the Wenchang Space Launch Center in southern China’s Hainan province on July 23, 2020 . Noel Celis | AFP | fake pictures China launched an important mission to Mars …
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