Media & Telecom
LATEST NEWS FROM MEDIA & TELECOM
Media & Telecom
Mattel maintains annual forecasts, misses quarterly profit estimate as higher costs squeeze margins
Mattel on Tuesday topped analysts' estimates for second-quarter revenue and reaffirmed its annual forecasts, but profit fell short as tariff-related costs squeezed the toymaker's...
Media & Telecom
Pinterest expects slower quarterly revenue growth as ad competition heats up
Image-sharing platform Pinterest forecast slower revenue growth for the third quarter on Tuesday, a sign of tough competition for digital advertising from bigger players including ...
Media & Telecom
SpaceX revenue jumps in debut results as satellite, AI businesses surge
SpaceX's revenue nearly doubled, the rocket company said in its first earnings report since going public, fueled by its booming Starlink satellite communications and AI businesses...
Media & Telecom
Lumen beats revenue estimates on strong digital networking demand
Lumen Technologies beat Wall Street estimates for second-quarter revenue and reaffirmed its full-year outlook on Tuesday, as the company continued its shift toward higher-margin d...
Media & Telecom
The viral videos that inspired tens of thousands to swim to Spain’s Ceuta
Last week's rush of migrants into the Spanish enclave of Ceuta began with a trickle.
Media & Telecom
Tesla's July China-made EV sales rise 37.8% y/y
Tesla's China-made electric vehicle sales rose 37.8% in July from a year earlier, marking the ninth straight month of growth as the U.S. automaker reports a mixed performance acr...
Media & Telecom
SoftBank's AI funding plans to face reckoning at earnings
Technology investor SoftBank Group reports first-quarter earnings on Thursday, with analysts focused on how it will fund its ongoing investment in OpenAI and the impact of rising ...
Media & Telecom
Britain says it is open to AI regulation if voluntary safeguards fall short
Britain would consider regulating advanced AI models if its current voluntary system for testing them before deployment no longer proved sufficient to protect the public, AI Minis...
Media & Telecom
Australia hikes levy for tech giants that fail to strike local news deals
The Australian government has hiked a planned levy that will force tech giants to pay multimillion-dollar charges if they fail to strike commercial deals with local media outlets...
Media & Telecom
Trial begins of former Australian radio host Alan Jones over alleged sexual assaults
Former Australian radio host Alan Jones arrived at a Sydney court on Monday as his high-profile trial opened on charges that he indecently assaulted and sexually touched six men.
Media & Telecom
Will SpaceX paint its rocket pink? Investor questions go beyond Moon and Mars ahead of first results
SpaceX's first earnings call as a public company may be expected to focus on AI spending and profits from its Starlink satellite communications network, but many retail investors h...
Media & Telecom
Alphabet rolls back AI image generation in Google Earth over policy violations
Alphabet's Google said on Friday it was rolling back an AI image-generation feature it had introduced in Google Earth just a day ago, after users shared images that appeared to v...
Media & Telecom
Warner Music Group reshuffles leadership as CFO exits
Warner Music Group , the label behind artists such as Ed Sheeran and Dua Lipa, said finance head and Chief Operating Officer Armin Zerza has decided to step down for personal r...
Media & Telecom
Amazon sued by consumers over seafood sustainability claims
Amazon.com was sued on Friday by consumers who accused the retailer of misrepresenting the environmental benefits of seafood sold on its platform, a practice known as greenwashin...
Media & Telecom
Former Sri Lankan defence official, ex-police chief sentenced to death over 2019 Easter bombings
Sri Lanka's former police chief Pujith Jayasundara and former senior defence official Hemasiri Fernando were sentenced to death on Friday over the 2019 Easter bombings that kille...
Media & Telecom
Veon raises outlook, flags digital investments in Ukraine
Veon, the parent company of Ukraine's leading mobile operator Kyivstar , raised its earnings outlook on Friday, signalling confidence in its strategy of expanding beyond traditio...
Media & Telecom
Philippines defends efforts to put China-linked education programmes under more scrutiny
The Philippine Department of National Defense said on Friday that foreign state-backed academic and cultural exchange programmes needed to be put under greater scrutiny, amid conc...
Media & Telecom
Flipkart ties up with Netflix to offer loyalty members mobile streaming plan
Walmart-owned Flipkart said on Friday it has partnered with Netflix to offer members of its loyalty programme a monthly mobile subscription after four qualifying orders, as it lo...
Media & Telecom