Spanish telecom company Telefonica plans to sell their mobile phone masts. Owned by its Telxius division in both Europe and Latin America, they’ll be selling it to American Towers for a whopping 7.7 billion euros, which is the equivalent to approximately $9.41 billion.
The 30,000 mobile phone masts included in...
Following the release of its latest financial earnings, shares in streaming giant Netflix skyrocketed by 13% in pre-market trading on Wednesday. This outcome is in stark contrast to the earnings shortfall suffered by Netflix on Tuesday evening.
The online streaming service outperformed the majority of market estimates in its latest...
Over a dozen U.S. regulators have made allegations against Apple Inc, stating that the tech giant misled customers over information regarding the iPhone’s battery power, as well as software updates that hamper the smartphone’s performance. As a result, Apple has agreed to a settlement worth $113 million, valid in...
While investors expected Netflix to flourish at a time when worldwide communities were confined to their homes, the company reported that it received a decelerating number of new subscribers over the course of 2020.
In the first quarter of 2020, the company managed to meet investors’ expectations, enjoying a surge...
As the coronavirus pandemic continues to rage on, the unexpected upward trend in sales of single-family homes is finally declining after four consecutive months of consistent increases.
While the ongoing pandemic had a detrimental effect on most industries, the rise experienced by the housing market was supported by low mortgage...
With nearly 1.2 million global electric vehicles (EV) sales in 2019, China is determined to grow its domestic EV industry in the coming years, expecting approximately 25% of all domestic car sales to be EVs by 2025.
In 2019, EV sales by Chinese manufacturers accounted for more than half of...
After engaging in a round of Series E funding, fitness tracker startup Whoop raised a grand total of $100 million, the company reported on Wednesday. The startup venture is now estimated to have a worth of $1.2 billion.
In addition to receiving the backing of venture capital firm IVP and...
Stocks of electric vehicle company Tesla (TSLA) enjoyed a stark 10% rise during after-hours trading on Monday, leading to the company’s inclusion in the S&P 500 index.
According to an announcement by the S&P Dow Jones Indices, Tesla will join the S&P 500 on Monday evening before the stock market...