Alphabet, the parent behind Google and all associated businesses, released numbers for Q3-2023. And while CEO Sundar Pichai may have officially stated to be “pleased” with the financial results, the street thinks otherwise. As Google Cloud continued to show a slowing growth for fourth consecutive quarter, Alphabet’s stock price nose dived by over 6% in … [Read more…]
Elon Musk, the owner of the social media platform formerly known as Twitter, now branded as “X,” has unveiled plans to introduce two new tiers of premium subscriptions. These new subscription options are set to reshape the user experience on the platform, with one being more affordable than the existing $8/month X Premium subscription, and … [Read more…]
In a move that would significantly boost Amazon’s already large logistics footprint in India, the US ecommerce behemoth has announced new partnerships with two of the world’s largest state-owned logistics enterprises — the famed Indian Railways, and India Post — country’s state-owned mail service. The announcements came at Amazon’s annual India summit focused on small … [Read more…]
Reliance Industries Limited, led by Mukesh Ambani, once again made big Jio-centric announcements at its 46th annual general meeting that took place here in Mumbai today. As customary, investors awaited significant revelations during this annual event. The event was streamed live on the company’s website, social media platforms, and YouTube channels. Mukesh Ambani, chairman and … [Read more…]
So far, the streaming service landscape has been dominated by the likes of Netflix, Amazon Prime, Disney+, and others. Each of the biggest players in the sector have carved out a niche for themselves, offering a wide variety of content to their subscribers and earning generous amounts of revenue from them. Now, they are set … [Read more…]