September 14, 2021 9:05 pm
According to a report by Reuters, Fox Entertainment has purchased the TMZ entertainment platform and its media assets from AT&T Inc’s WarnerMedia. According to Variety, the deal was valued at about $50 million. As part of the agreement, Fox will own and operate all TMZ-branded media assets, including the syndicated TV shows ‘TMZ’ and ‘TMZ […]
Read moreSeptember 13, 2021 9:05 pm
Walt Disney Co (DIS) said last week that it would release “Eternals,” “West Side Story” and the remainder of its 2021 movies exclusively in theaters prior to sending them to its streaming platform. The Walt Disney Animation Studios musical Encanto will be released in theatres on November 24th, before being released on Disney+ on December […]
Read moreSeptember 13, 2021 6:38 am
Toyota Motor Corp (7203) said last week that it had revised down its annual production target by 300,000 vehicles due to coronavirus-related output slowdown at parts facilities in Vietnam and Malaysia as well as because of a global shortage of auto chips. The largest auto maker worldwide now projects to manufacture 9 million vehicles during […]
Read moreSeptember 10, 2021 7:08 am
Oxbotica, a self-driving software startup company, said earlier this week that it had partnered with AppliedEV in relation with development of a fully autonomous multi-purpose vehicle that could be put to a range of commercial uses. The self-driving electric vehicles will first be deployed in industrial logistics and automated goods delivery. In April, UK online […]
Read moreSeptember 9, 2021 7:04 am
TV aggregator Roku Inc announced this week the launch of its streaming players in Germany at some point later in 2021. This would be the company’s second major launch in Europe, as it aims to capitalize on a pandemic-induced customer shift to video on demand. The television aggregator will offer content from local partners Seven.One […]
Read moreSeptember 8, 2021 10:01 am
Volkswagen AG (VOWG) unveiled earlier this week the ID. LIFE, a fully electric small vehicle, which will be launched in 2025 and will cost about EUR 20,000. The auto manufacturer aims to make battery-powered cars more affordable for the mass clientele as well as younger customers. Based on a smaller version of Volkswagen’s modular electric […]
Read moreSeptember 8, 2021 7:23 am
Ireland’s Ryanair said earlier this week that it had discontinued talks with Boeing Co over a large new order for Boeing 737 MAX 10 jets, as the two companies disagreed over pricing. With 210 firm orders for the 197-seat Boeing MAX 8-200 jet, Ryanair has already become the largest European customer for the 737 MAX. […]
Read moreSeptember 7, 2021 7:05 am
Last week BMW launched a new production line for its Series 2 Coupe compact sports car at its facility located in central Mexico, as the company seeks to bolster its operations in the North American country and to speed up international sales. The German luxury car maker said it expected exports of the new models […]
Read moreSeptember 3, 2021 7:22 am
Walmart Inc (WMT) said earlier this week that it would hire 20,000 workers at its supply chain division ahead of the holiday season at a time when major retailers struggle with a shortage in labor and logistics. The part-time and full-time roles that range from freight handlers to lift drivers, will be based at 250 […]
Read moreSeptember 2, 2021 7:10 am
Morgan Stanley (MS) has raised salaries for starting analysts in its institutional securities division. It has been the latest major bank to increase pay as demand for entry-level workers remains high. According to a report by Business Insider, the pay change is to take effect in January. According to the same media, citing a source […]
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