Xiaomi Says It Doesn't Have Timeframe to Revisit China Listing
Bloomberg, 23 June at 09:07
Xiaomi Corp. said it hasn't set a timeframe to revive an offering of Chinese depository shares, a delay that could hurt China's ambitions to lure its tech giants to list in the domestic market. The Chinese phone maker had no dispute with China
Asia Stocks Rise After Fed; Dollar Holds Advance: Markets Wrap
Bloomberg, 18 July at 04:58
Asian stocks advanced after an upbeat assessment on the U.S. economy from Federal Reserve Chairman Jerome Powell comforted investors wary of a blowout in protectionism. Equities climbed in Japan, Australia and South Korea at the open, while futures ...
Japan shares jump as yen bows to strong dollar
Reuters, 18 July at 03:41
SYDNEY (Reuters) - Asian shares followed Wall Street higher on Wednesday as a bullish outlook from the head of the U.S. central bank buoyed the dollar, lifted Tokyo shares to a one-month top and sent gold to a one-year trough. FILE PHOTO: A visitor is ...
MGM Resorts Sues 1000 Victims of Las Vegas Shooting, Seeking to Avoid Liability
New York Times, 18 July at 03:15
Faced with potential lawsuits from hundreds of victims of last year's mass shooting in Las Vegas, MGM Resorts International is trying an untested strategy: Suing the victims first. The company's aggressive legal approach, which stirred outrage on
Texas Instruments Chief Executive Resigns; Conduct Violations Are Cited
New York Times, 18 July at 03:12
The newly appointed chief executive of Texas Instruments stepped down Tuesday over what the company said were “violations of the company's code of conduct.” The executive, Brian Crutcher, also resigned from the company's board. He had taken the helm ...
Voting Machine Maker Suddenly Remembers It Did Connect Its Machines to the Internet
Gizmodo, 18 July at 02:10
Voting machine manufacturer ES&S has denied that its systems were ever equipped with remote-access software when confronted by reporters. But after receiving questions from a U.S. senator on the matter, the company has admitted it did do that dumb ...
TV streaming services overtake pay-TV in Britain - Ofcom
Reuters, 18 July at 02:08
LONDON (Reuters) - The number of Britons subscribing to TV services like Netflix, Amazon and Sky's NOW TV, has overtaken traditional satellite and cable TV for the first time, media regulator Ofcom said on Wednesday. FILE PHOTO: The logo of Amazon is ...
Netflix and Amazon become more popular than pay-TV services
The Guardian, 18 July at 02:01
Subscriber numbers for streaming services rise as young people shy away from traditional broadcasting. Mark Sweney · @marksweney · Email. Tue 17 Jul 2018 19.01 EDT. Share on Facebook · Share on Twitter · Share via Email ...
Walmart Mulling A Cheaper Subscription Service To Compete With Netflix, Amazon (Report)
Tubefilter, 18 July at 01:48
A new video streaming service may be on the horizon, coming from a surprising source: big-box retailer Walmart, which, according to a report from The Information, is considering launching a service to rival Netflix and Amazon Prime Video. The
Papa John's Founder Will Not 'Go Quietly' as Company Tries to Push Him Away
New York Times, 18 July at 01:35
Papa John's just wants Papa John to go away. The pizza chain has spent the past week distancing itself from John Schnatter, its founder and pitchman, after it was reported that he had used a racial slur in a comment about black people. Mr. Schnatter ...
A repeat of 2002? Walmart may be looking to copy Netflix again
Fast Company, 18 July at 01:01
Walmart may be planning its own streaming video service to take on the likes of Netflix and Amazon, the Information reports. One source told the outlet that the service could cost less than $8 per month, and it could also have an ad-supported option
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