‘Despicable Me 3’ Brings in $75 Million at Box Office
Another franchise ruled the box office this weekend. "Despicable Me 3" brought in $75 million in domestic ticket sales.
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Verizon May Target Disney for Takeover
The New York Post reports chatter that Verizon may be looking to take over Disney. AT&T has recently struck a deal for Time Warner, and Verizon may believe it has to respond.
Why Twitter’s Future Remains Dim
Recently, there has been some excitement about Twitter's prospects. However, Twitter still has little chance to build its ad base enough to have super-charged revenue growth and substantial profits.
6 Most Important Business Stories Today
British authorities have questioned whether Rupert Murdoch's acquisition of Sky TV would create a monopoly, Tim Cook was one of the highest paid CEOs in the S&P 500 and Facebook has tested its solar-powered…
6 Most Important Things in Business Today
Blue Apron lowered its IPO price range, all the major U.S. financial companies put through stress tests by the Federal Reserve passed, and office supply company Staples has been sold.
Why Pandora Shares Continue to Rally
Pandora Media continued to rally this week following news that its chief executive officer, Tim Westergren, would be stepping down from his executive role and from his position on the board of directors.
6 Most Important Things in Business Today
A new ransomware cyberattack has hit more than 300,000 computers, Nestle may buy back $21 billion worth of its shares and Apple has acquired an eye-tracking software company.
Facebook Reaches the 2 Billion User Milestone
Facebook shares took a dip on Tuesday despite announcing that the social network has now broken 2 billion monthly active users, making it the first website ever to reach this mark.
Social Media Stocks See Rise in Short Interest
The June 15 short interest data have been compared with the previous report. Short interest in most of these selected social media stocks increased for this settlement date.
6 Most Important Things in Business Today
Sprint reportedly is in talks to provide wireless service for Comcast and Charter Communications. Waymo has teamed up with Avis to service and store its vehicles, and GM has lowered its forecast for U.S.…
Pandora CEO Steps Down
Shares of Pandora Media saw a handy gain to start off the week after it was reported that its chief executive officer is stepping down.
Paying for Online News More Popular, but Will It Be Enough to Save Journalism?
More Americans are willing to pay for online news, with younger consumers and those on the political left leading the gains. Can publishers build on these recent gains?
‘Beauty and the Beast’ Still Holds Top 2017 Box Office Record
Despite the release of blockbuster and potential blockbuster films “Guardians of the Galaxy Vol. 2,” “Wonder Woman,” “The Fate of the Furious” and “Pirates of the Caribbean: Dead Men Tell No Tales,” the box…
Will Qatar Close Al-Jazeera? Hopefully Not
Al-Jazeera claims it has the largest audience of any broadcaster in the Arab world. It also claims that the rulers of Qatar, where it is based, allow it complete editorial freedom. Since both are…
Google Continues to Be Largest US Website, Facebook Close Behind
Google and Facebook are not only the largest sites by number of visitors. They also dominate the industry in terms of ad sales dollars.