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Today: March 14, 2025
Today: March 14, 2025
Harshita Mary Varghese

Harshita Mary Varghese

Staff Writer

Latest From Harshita Mary Varghese

Business|Economy|Finance|Stock Markets|US

Verizon's 'unusual' quarter warning rattles US telecom shares

Verizon Communications warned that off-season promotions by rivals will likely lead to "soft" wireless subscriber growth in the first quarter,

Verizon's 'unusual' quarter warning rattles US telecom shares
Business|Economy|Entertainment|Technology

Warner Bros Discovery expects streaming profits to double, sets 150 million users goal

Warner Bros Discovery said it expects streaming profits to double this year and forecast at least 150 million subscribers for the business by 2026,

Warner Bros Discovery expects streaming profits to double, sets 150 million users goal
Business|Entertainment|Finance|Stock Markets|US

Paramount Global misses quarterly revenue estimates as cable TV decline bites

Paramount Global fell short of Wall Street's fourth-quarter revenue expectations on Wednesday as a continued decline in its cable TV unit clouded higher-than-

Paramount Global misses quarterly revenue estimates as cable TV decline bites
Asia|Business|Economy|Finance|Stock Markets

Alibaba shares open at three year-high as quarterly revenue rebounds

Alibaba's shares opened 10% higher in Hong Kong on Friday to reach their highest level in more than three years, after it reported third-quarter

Alibaba shares open at three year-high as quarterly revenue rebounds
Business|Science|Technology

Meta plans investments into AI-driven humanoid robots, memo shows

Meta Platforms is establishing a new division within its Reality Labs unit to develop AI-powered humanoid robots that can assist with physical tasks

Meta plans investments into AI-driven humanoid robots, memo shows
Business|Entertainment|Political|US

Disney tweaks DEI programs to focus on business outcomes, memo says

Walt Disney is changing its diversity, equity and inclusion (DEI) programs to focus more closely on business outcomes, according to a memo

Business|Technology|US

T-Mobile, Starlink to launch satellite-based connectivity in July for $15 per month

T-Mobile said on Sunday it will launch its satellite-to-cell service, powered by SpaceX's Starlink, in July for $15 a month, as the U.S. wireless carrier aims to

T-Mobile, Starlink to launch satellite-based connectivity in July for $15 per month
Business|Economy|Entertainment|Europe|Finance|Stock Markets

Netflix shares hit record as subscriber growth defies odds once again

Shares of Netflix soared 13% to an all-time high on Wednesday after the streaming giant's big bet on sports helped add a record 18.9 million subscribers in the

Business|Economy|Entertainment|Sports|US

Netflix's sports push likely fueled subscriber growth in holiday quarter

Netflix's big bet on sports events is expected to have driven more than 9 million subscriber additions in the holiday quarter, lifted by the success of the "Jake

Netflix's sports push likely fueled subscriber growth in holiday quarter
Business|Finance|Technology

Roblox forecasts strong 2024 bookings; in-game spending gets holiday boost

Gaming platform Roblox forecast annual bookings above estimates on Wednesday after it crossed $1 billion in quarterly bookings for the first time on higher in-

Business|Finance|Technology

Broadcom closes $69 billion VMware deal after China approval

Broadcom on Wednesday closed its $69 billion acquisition of cloud-computing firm VMware after receiving regulatory approval in last major market China and ending

Broadcom closes $69 billion VMware deal after China approval
Business|Technology

Google's court loss to Epic Games may cost billions but final outcome years away

Google's stunning defeat in a legal battle with "Fortnite" maker Epic Games may clear the way for rival app stores on its Android mobile system

Google's court loss to Epic Games may cost billions but final outcome years away
Asia|Business|Economy|Finance

Alibaba misses revenue estimates; boosts buyback by $25 billion

China's Alibaba Group Holding on Wednesday missed analysts' estimates for third-quarter revenue, hurt by softness in the retail market and

Alibaba misses revenue estimates; boosts buyback by $25 billion
Business|Entertainment|Technology

Netflix subscriber growth in focus as gains from password-sharing crackdown seen easing

Netflix's plan to maintain subscriber growth after two quarters of blockbuster increases will be in focus when it reports earnings on Thursday, with some analysts

Netflix subscriber growth in focus as gains from password-sharing crackdown seen easing
Business|Technology

Netflix slips as move to end sharing subscriber count raises growth doubts

Netflix shares fell on Friday as its plan to stop sharing subscriber numbers from 2025 stoked growth worries, with analysts warning that rivals

Netflix slips as move to end sharing subscriber count raises growth doubts
Business|Finance|Technology|US

Verizon posts fewer quarterly subscriber losses on flexible plan demand

Verizon lost fewer-than-expected wireless subscribers and beat estimates for quarterly profit on Monday, thanks to its flexible plans and streaming bundles

Verizon posts fewer quarterly subscriber losses on flexible plan demand
Business|Finance|Stock Markets|Technology|US

AMD, Super Micro spark chip selloff as earnings miss lofty AI expectations

Advanced Micro Devices and Super Micro Computer led a selloff in chip stocks on Wednesday after their earnings disappointed investors who had piled into the sector

AMD, Super Micro spark chip selloff as earnings miss lofty AI expectations
Business|Economy|Technology

Shopify's downbeat revenue growth forecast sends shares to six-month low

Canadian e-commerce platform Shopify forecast its slowest quarterly revenue growth in two years against the backdrop of an uncertain economy and tepid consumer

Shopify's downbeat revenue growth forecast sends shares to six-month low
Business|Entertainment|Lifestyle

Paramount, Skydance merger deal turns spotlight on top Hollywood studios

Skydance Media's deal to merge with Paramount Global ends a months-long saga that had enough drama to rival a Hollywood movie, including a near

Paramount, Skydance merger deal turns spotlight on top Hollywood studios
US

Micron Tech beats revenue estimates on AI chip demand; shares fall after run-up

By Harshita Mary Varghese and Max A.

Micron Tech beats revenue estimates on AI chip demand; shares fall after run-up
Business|Entertainment

Netflix's efforts to grow ad tier in focus as subscriber growth slows

Netflix likely added the fewest number of subscribers in five quarters during April-June as sharp gains following a crackdown on password sharing ebbed and viewer

Netflix's efforts to grow ad tier in focus as subscriber growth slows
Business|Entertainment

Comcast misses quarterly revenue estimates on weak studio, theme park business

Comcast missed estimates for second-quarter revenue on Tuesday as the U.S. telecom and media firm had fewer movie releases during the period, while attendance at

Comcast misses quarterly revenue estimates on weak studio, theme park business
Business|Technology

AT&T beats estimates for subscriber additions on demand for higher-priced plans

AT&T exceeded market expectations for wireless subscriber additions in the second quarter as the telecom operator's higher-tier unlimited plans attracted

AT&T beats estimates for subscriber additions on demand for higher-priced plans
Business|Entertainment|Sports|Technology|US

Warner Bros Discovery to sue NBA over bid for broadcast rights, source says

Warner Bros Discovery will sue the National Basketball Association in New York after the league rejected its matching bid for TV broadcasting

Warner Bros Discovery to sue NBA over bid for broadcast rights, source says
Business|Entertainment|Finance|Technology

Warner Bros Discovery writes down TV assets by $9 billion amid uncertainty over fees, sports rights renewals

Warner Bros Discovery said on Wednesday it wrote down the value of its TV assets due to the uncertainty of fees from cable and satellite

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