While it is unclear how Netflix is performing in India this quarter, it reportedly saw a 0% growth in monthly active users in Q4FY23, while also running into problems with some of its Indian content this quarter.
Netflix shares fell 9% on Friday after the streaming giant projected slower-than-expected revenue growth in the upcoming quarter and revealed it would stop disclosing subscriber numbers on a quarterly basis next year.
Owner of Loblaws, No Frills, Real Canadian Superstore and Shoppers Drug Mart recorded net earnings of $459-million or $1.47 per share in first quarter
Intel announced its earnings under its new financial structuring model as it seeks to establish itself as a leader in AI hardware.
Wayfair Inc.’s stock rose 3.9% early Thursday, after the online furniture retailer narrowed its quarterly loss and posted revenue that beat estimates.
Spotify posted a "quarterly high" operating income of €168 million ($182.41m) Source
Paramount had decent first quarter in the midst of merger talks with Skydance as revenue rose and losses - especially in streaming -- narrowed.
Representing WhatsApp, Advocate Tejas Karia also noted before the Delhi HC that not knowing which messages to decrypt would mean "millions and millions of messages will have to be stored for a number of years.”
In the ongoing lawsuit against the Union of India, WhatsApp stated that it would leave the Indian market if it is forced to break end-to-end encryption to comply with the IT Rules, 2021.
Paramount Global’s board of directors is reportedly weighing a move to oust CEO Bob Bakish and replace him on an interim basis with a committee of top executives ahead of the company’s first-quarter earnings call later today.
Q1 Net Revenue of $2.7 billion with 22.3 million Active Customers Wayfair Inc. ("Wayfair," "we," or "our") (NYSE: W), one of the world's largest destinations for the home, today reported financial results for its first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Total net revenue of $2.7 billion, decreased $45 million, down 1.6% year over year U.S. net revenue of $2.4 billion, decreased $24 million, down 1.0% year over year International net revenue of $338 million,...
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