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05 Feb, 2023
Latest News:
Chargers hire Pat White as offensive assistant
Vitamin B5 activates brown fat, aids weight loss in mice
YouTube’s quarter shows problems Meta may face: TikTok, weakening economy

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Category: Business

YouTube’s quarter shows problems Meta may face: TikTok, weakening economy

August 8, 2022August 2, 2022 blindmistcom

Mostly reassuring financial results from Alphabet Inc (GOOGL.O) included one concerning sign for social media companies: Its YouTube service posted its second difficult quarter in a row. Quarterly ad sales at the world’s biggest video sharing service grew at the Read more

Business

Australian bank Macquarie’s Q1 profit climbs in a softening market

August 7, 2022August 2, 2022 blindmistcom

Australian investment bank Macquarie Group (MQG.AX) flagged a higher quarterly profit on Thursday and said all its business units felt the headwinds of inflation and market volatility but its diversified structure would still bring opportunities. Macquarie did not give first-quarter Read more

Business

Netflix back up after brief streaming outage

August 6, 2022August 2, 2022 blindmistcom

Netflix Inc’s (NFLX.O) streaming services were back up after facing a brief disruption across all devices, the company said on Wednesday evening. At its peak, there were more than 1,300 incidents of people reporting issues with Netflix, according to outage-tracking Read more

Business

Rising rates to cushion impact on Asia banks from slowing economies

August 5, 2022August 2, 2022 blindmistcom

Asia-focused lenders HSBC (HSBA.L), Standard Chartered (STAN.L) and their Southeast Asian peers such as DBS (DBSM.SI) are set to report an improvement in second-quarter net interest income, a key source of revenue, benefiting from higher interest rates. But analysts warn Read more

Business

Why Spotify’s ‘Car Thing’ was destined for the hardware graveyard

August 4, 2022August 2, 2022 blindmistcom

Spotify Technology SA’s (SPOT.N) Car Thing player is now a thing of the past. The world’s leading audio streaming service on Wednesday announced it would discontinue the device just five months after it became available to all users in the Read more

Business

El Salvador says it has $560 mln for partial debt buyback

August 3, 2022August 2, 2022 blindmistcom

El Salvador will dedicate $560 million in funds to a surprise bond buyback plan, its finance minister said on Wednesday, as the impoverished country looks to ease worries about the state of its public finances. El Salvador’s president Nayib Bukele Read more

Business

Cost of living crisis? Consumers keep spending for now

August 2, 2022August 2, 2022 blindmistcom

Consumer-focused firms are seeing no shortage of demand despite the soaring cost-of-living, prompting several to upgrade sales forecasts for the current year, though questions remain about how long that will last. While some consumers are shielding themselves from price hikes Read more

Business

Recent Posts

  • Chargers hire Pat White as offensive assistant
  • Vitamin B5 activates brown fat, aids weight loss in mice
  • YouTube’s quarter shows problems Meta may face: TikTok, weakening economy
  • Meta to Start Music Revenue Sharing on Facebook Videos
  • ‘Hero’ Brit dad feared drowned after jumping into Lake Garda to save son is pictured

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