• Original Content podcast: Netflix goes to the Oscars
    TechCrunch

    Original Content podcast: Netflix goes to the Oscars

    When this year's Academy Award nominations were announced on Monday, Netflix received 24 nominations — the most of any Hollywood studio. As a result, Darrell finally watched Martin Scorsese's three-and-a-half hour gangster epic — and he wasn't impressed by the results.

  • Another snub for Amazon in India, despite Bezos jobs pledge
    Reuters Videos

    Another snub for Amazon in India, despite Bezos jobs pledge

    Amazon CEO Jeff Bezos rubbing shoulders with Bollywood's best and brightest stars on his tour of India, but his plans to expand influence in the country haven't been met with enthusiasm by all. Indian Trade Minister Piyush Goyal has been unimpressed with Amazon's announcement of a $1 billion dollar investment, saying the online delivery service hasn't done India any big favors. (SOUNDBITE) (English) INDIAN TRADE MINISTER, PIYUSH GOYAL, SAYING: "They may have put in a billion dollars, but then if they make a loss of a billion dollars every year then they jolly well have to finance that billion dollars. So it's not as if they're doing a great favor to India when they invest a billion dollars." Bezos announced the investment on Wednesday (January 15) saying it would bring small businesses online in the country, and would be adding to the $5.5 billion the company had committed since 2014. That was followed on Friday by a proposal to create 1 million jobs in India by 2025. But despite repeatedly reaching out for a meeting, three Reuters sources suggest Bezos is unlikely to have talks with Indian Prime Minister Narendra Modi during his visit, as he looks to allay antitrust concerns. On Friday (January 17) Modi's ruling party took a swipe at the Bezos-owned Washington Post, saying there were problems with the paper's coverage of India. Amazon did not respond to a request for comment. Amazon and Walmart owned Flipkart are facing mounting criticism from India's brick-and-mortar retailers, which accuse the U.S. giants of violating Indian law by racking up billions of dollars of losses, to fund deep discounts and discriminating against small sellers. The companies deny the allegations.

  • Amazon partners with thousands of mom-and-pop stores in India
    TechCrunch

    Amazon partners with thousands of mom-and-pop stores in India

    Now, Amazon is beginning to embrace them. Amazon said on Saturday it has partnered with thousands of neighborhood stores -- locally known as kirana stores -- across India to use them to store and deliver goods. “It’s good for customers, and it helps the shop owners earn additional income,” tweeted Amazon founder and chief executive Jeff Bezos .

  • Financial Times

    Facebook apologises after Xi Jinping name translated as an obscenity

    Facebook has been forced to apologise after a “technical issue” caused Chinese president Xi Jinping’s name to be rendered as an obscenity in Burmese-to-English translations. On Saturday the Chinese president’s name appeared as “Mr Shithole” in translations from Myanmar’s main language into English, including on the Facebook pages of news website The Irrawaddy and Ms Aung San Suu Kyi’s office. “Mr Shithole, President of China arrives at 4pm,” one of the posts read when translated into English.

  • IT happens: Facebook sorry for Xi Jinping's name gaffe
    AFP News

    IT happens: Facebook sorry for Xi Jinping's name gaffe

    Facebook apologised Saturday for a distasteful mistranslation of Chinese President Xi Jinping's name from Burmese language posts during his much-touted visit to Myanmar. The error most notably appeared on the official Facebook page of Myanmar's civilian leader Aung San Suu Kyi.

  • Financial Times

    Hollywood under pressure as streaming replaces screening

    When Lulu Wang turned down a streaming platform’s eight-digit bid last year for her Sundance hit The Farewell , agreeing instead to an offer half the size from prestigious independent studio A24, her backers ...

  • With market at record highs, eyes on reports from chipmakers
    Reuters

    With market at record highs, eyes on reports from chipmakers

    Reports from Netflix, Intel and Texas Instruments next week may hint at what is to come in the December quarterly earnings season, with some investors wary of possible danger signs that could knock Wall Street after its latest surge to record highs. The S&P 500 has gotten off to a strong start in January, up 3% so far this year, fuelled by a truce in the U.S.-China trade war, low interest rates and signs the economy remains healthy. Analysts on average expect reports to show S&P 500 earnings per share fell 0.8% in the fourth quarter, with technology earnings seen up 0.6%, according to IBES data from Refinitiv.

  • Q4 Earnings Season Showing Revenue Momentum
    Zacks

    Q4 Earnings Season Showing Revenue Momentum

    Q4 Earnings Season Showing Revenue Momentum

  • Google Joins The Trillion-Dollar Club: Who's Next?
    Zacks

    Google Joins The Trillion-Dollar Club: Who's Next?

    Google Joins The Trillion-Dollar Club: Who's Next?

  • Tech Daily: GOOGL, AMZN, AAPL, TSM, FB, MSFT
    Zacks

    Tech Daily: GOOGL, AMZN, AAPL, TSM, FB, MSFT

    Alphabet's trillion dollar valuation, Amazon's India troubles and TSM's upbeat earnings announcement are the top stories in this daily.

  • Which Stocks are in the $1 Trillion Club?
    Zacks

    Which Stocks are in the $1 Trillion Club?

    The $1 Trillion Valuation Club is one of the most exclusive groups on Wall Street, and it just added its newest member.

  • Buy Google parent Alphabet Stock at its New $1 Trillion Market Cap?
    Zacks

    Buy Google parent Alphabet Stock at its New $1 Trillion Market Cap?

    Shares of Google parent Alphabet Inc. (GOOGL) have jumped 9% in 2020 to help it ascend into the $1 trillion market cap club. Is it time to buy?

  • Investing.com

    Is the Peacock Stalking YouTube?

    By Kim Khan

  • Retail Sales Scorecard 2019: ETF & Stock Winners
    Zacks

    Retail Sales Scorecard 2019: ETF & Stock Winners

    These industries outperformed in retail sales scorecard 2019, putting the spotlight on these ETFs and stocks.

  • The Zacks Analyst Blog Highlights: AMZN, WMT, EBAY and BABA
    Zacks

    The Zacks Analyst Blog Highlights: AMZN, WMT, EBAY and BABA

    The Zacks Analyst Blog Highlights: AMZN, WMT, EBAY and BABA

  • Virgin Galactic Stock Takes Off Before SpaceX and Blue Origin
    Zacks

    Virgin Galactic Stock Takes Off Before SpaceX and Blue Origin

    Exciting milestones are being achieved in space travel rocket technology, attracting early investors and paying customers.

  • Amazon to Create 1 Million Jobs in India, Expand Footprint
    Zacks

    Amazon to Create 1 Million Jobs in India, Expand Footprint

    Amazon (AMZN) intends to create 1 million jobs in India and bolster its talent pool.

  • Netflix opens Paris office, plans new French-language series
    Reuters

    Netflix opens Paris office, plans new French-language series

    U.S. television streaming company Netflix has opened a new Paris office and plans to develop more than 20 original French-language productions in 2020, it said on Friday. Launched in 2014 in France - where it employs 40 people, and has existing operations in Paris - Netflix has developed 24 French titles, including six films, nine series and three documentaries. Netflix has seen its customer base grow quickly in recent years thanks to a rich catalog of movies and series, allowing it to grab market share from long-established local pay TV operator Canal+ - a unit of media conglomerate Vivendi - which had 16.2 million subscribers at the end of 2018, including 8.3 million in mainland France.

  • 2019 Holiday Retail Sales Rise 4.1%, Online a Key Driver
    Zacks

    2019 Holiday Retail Sales Rise 4.1%, Online a Key Driver

    A sturdy labor market, rising income and improving confidence certainly encouraged consumers to spend more. While bargain hunters did hit the streets, enthusiasm for online shopping was palpable.

  • Tough love for Amazon's Bezos in India
    AFP News

    Tough love for Amazon's Bezos in India

    Amazon boss Jeff Bezos on Friday promised to create a million new jobs in India in a farewell love letter to the country, after ending a tough visit that reportedly included a snub by Prime Minister Narendra Modi. A government minister dismissed Bezos's announcement that Amazon would invest $1 billion, and a leading ruling party member hit out at his ownership of the critical Washington Post.

  • Take Five: A week in central banking
    Reuters

    Take Five: A week in central banking

    Geopolitics overshadowed monetary policy for the first time in many months in early January. Japan, Canada, Norway and the European Central Bank (ECB) are not expected to make any changes, while it is unlikely China will act again so soon after its early-January reserve ratio cut for banks. The ECB, however, will launch its first strategy review since 2003 to rethink an inflation goal that has not been met for seven years.

  • Online Shoppers Help End 2019 Holiday Season on a Strong Note
    Zacks

    Online Shoppers Help End 2019 Holiday Season on a Strong Note

    The 2019 holiday season mirrors gains from increased investments and opportunities in the retail sector. The online channel continues to be the preferred shopping medium for customers.