Microsoft makes top lawyer Brad Smith its vice chair

Brad Smith, President, Microsoft, on SaaS Monster stage during the opening day of Web Summit 2019 at the Altice Arena in Lisbon, Portugal. Harry Murphy | Sportsfile | Getty Images Microsoft said Tuesday its board approved the appointment of its president, Brad Smith, to the position of vice chair. The move comes months after Satya … Read more

Here are Tuesday’s biggest analyst calls: GameStop, Netflix, McDonald’s, Amazon, J&J & more

Here are the biggest calls on Wall Street on Source link

Spotify, Netflix and Match Group shares rise after Apple relaxes App Store rules

Daniel Ek, chief executive officer and co-founder of Spotify AB, stands for a photograph after a news conference in Tokyo, Japan, on Thursday, Sept. 29, 2016. Akio Kon | Bloomberg | Getty Images Spotify shares were up more than 6% on Thursday after Apple announced that it would relax App Store rules that the streamer … Read more

FuboTV CEO David Gandler thinks 5 million people could subscribe to its bundle of TV networks by 2026

While most of the global media and entertainment world is focused on transitioning from legacy pay TV to subscription streaming video, FuboTV is swimming upstream. The company has earned a $4 billion market capitalization by consistently adding subscribers to a digital bundle of linear networks with a heavy emphasis on sports programming. FuboTV has about … Read more

Keith Meister doubles down on tech, media and gaming. Here are his top holdings

These are Corvex's Keith Meister's top holdings for the second quarter. Source link

Disney wins this round: Here’s where the streaming giants stand at the end of earnings season

Cars drive past a sign featuring Mickey Mouse at the entrance to Walt Disney World on the day that portions of the theme park, including the Magic Kingdom, reopened to guests after being closed since mid-March due the coronavirus pandemic. Paul Hennessy | SOPA Images | Getty Images This round, Disney beat Netflix. Disney’s continued … Read more

Verizon and AT&T plan post-pandemic 5G marketing blitz, even as consumer use cases remain unclear

A large advertisement on the LED screen outside the apple store is to warm up the iPhone 12 series, which is officially on sale on the 23rd. Shanghai, China, October 21, 2020. Barcroft Media | Getty Images U.S. wireless giants AT&T and Verizon had big plans last year to advertise why customers should upgrade their … Read more

Billionaire investor Chamath Palihapitiya backs UK insurance start-up as it pivots from drones to cars

Venture capitalist Chamath Palihapitiya. Mark Kauzlarich/Bloomberg via Getty Images LONDON — On June 3, one of London’s hottest days of the year so far, Chamath Palihapitiya, an early Facebook executive turned tech investor, had lunch on the rooftop of The Ned hotel with the co-founders of insurance start-up Flock: Ed Klinger and Antton Pena. The … Read more

Stock futures are flat after major comeback on Wall Street, earnings continue

U.S. stock futures were steady in overnight trading on Tuesday after the major averages clawed back much of their losses from Monday’s sell-off. Dow futures rose 40 points. S&P 500 futures gained 0.15% and Nasdaq 100 futures rose 0.1%. Netflix reported disappointing third quarter subscriber guidance after the bell on Tuesday, but the stock was … Read more

Stocks making the biggest moves after hours: Netflix, Chipotle, United Airlines and more

A button for launching the Netflix application is seen on a remote control in this photo illustration in Warsaw, Poland on April 25, 2019. Jaap Arriens | NurPhoto | Getty Images Check out the companies making headlines after the bell: Netflix — Shares of the streaming platform slid 2% in after hours trading after reporting … Read more