The Warren Buffet-led conglomerate Berkshire Hathaway has decided to decrease the sum of its investments in Apple Inc, opting to instead reinvest some capital in companies from the drug, telecom, and oil industries during the latest financial quarter. Berkshire Hathaway's latest initiative became apparent in the company's filings with...
Tesla is one of the most lucrative companies in the world, and yet people still managed to underestimate it so far this year. The company recently posted a first-quarter profit that handsomely surpassed estimates, thanks to a shockingly high level of deliveries throughout Q1.
But although the profit was higher...
Technology conglomerate Alphabet, the parent company of Google and multiple former Google subsidiaries, released its quarterly earnings statement on Tuesday and revealed some big news in the process. Aside from reporting a 36 percent increase in profit in the last three months of 2021, the company also unveiled plans...
Swedish media company NENT is posing a major challenge to leading streaming services such as Netflix and Disney+ in Nordic countries, gaining 322,000 subscribers in the third quarter to its streaming service Viaplay. As a result, the company's customer base has grown by 28%.
While the company was able to...
Online payments giant PayPal is looking to take advantage of the valuable data users generate while using its platform. The company recently announced plans to launch an advertisement platform that would rely on user data.
To build its ad business, PayPal will analyze the data steaming from the purchases of...
The end of Q1 has big tech companies posting results of their performance, which has naturally led to other conclusions being made about the state of the American economy today. Companies such as Microsoft, Facebook, Apple, and Google, all had representatives who discussed the state of work-life in America...