Microsoft revenue forecast under threat from PC market slump, mighty dollar

Oct 24 (Reuters) – Microsoft Corp (MSFT.O) is set to post its slowest quarterly revenue growth in over five years on Tuesday, with some analysts casting doubts whether the company can maintain its annual outlook in the face of a PC market slowdown and a strong dollar. A spike in inflation this year has fanned … Read more

Netflix reverses subscriber drop, shares jump 10%

LOS ANGELES, Oct 18 (Reuters) – Netflix Inc (NFLX.O) reversed subscriber losses and provided a slightly more bullish view than Wall Street had hoped, projecting new ad-supported streaming options will help attract 4.5 million subscribers by year-end . Netflix shares jumped 10% in after-hours trading on Tuesday to $265.00. Shares of the company, a favorite … Read more

Forecast Netflix in focus as streaming pioneer will roll out ad-supported tier

Oct 17 (Reuters) – Netflix Inc subscriber growth forecast () will be in focus when it reports third-quarter results on Tuesday, with the streaming pioneer set to roll out ad-supported plans to better compete with competitors such as Disney+ and HBO Max. Last week, Netflix said it would launch the package in November for $6.99 … Read more

Ubisoft CEO says still open to other partners after Tencent deal

Yves Guillemot, CEO of Ubisoft, speaks on stage during the Ubisoft E3 conference at the Orpheum theater in Los Angeles, California June 15, 2015. REUTERS/Mario Anzuoni Sign up now for unlimited FREE access to List ‘We can do whatever we want,’ says the founding CEO Ubisoft to make three mobile games with Netflix The … Read more

Tesla quarterly profit beats estimates; sells most of its bitcoin

A Tesla logo is seen in Los Angeles, California U.S. January 12, 2018. REUTERS/Lucy Nicholson Register now for FREE unlimited access to Register July 20 (Reuters) – Tesla Inc (TSLA.O) on Wednesday reported a higher-than-expected quarterly profit as a string of price increases on its best-selling electric vehicles helped offset production challenges caused by … Read more