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Netflix reported a 20.3 % increase in revenue in 2023, reaching $5,407.9 million, and projected revenue growth of more than 10 % by 2024. The streaming company grossed $33,723.3 million last year, 6.6 % more than in 2022, and added 260.2 million subscribers at the end of the last quarter, 12.8 %…
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Disney begins another round of mass layoffs

The American entertainment giant The Walt Disney Company began its second round of layoffs, which foresees, once fully completed, the departure of 7,000 employees during 2023, which represents 3.6 % of its workforce. Thus, once this round…

Nokia will focus on medium and low ranges mobiles

The telecommunications and technology company Nokia decided to apply a new strategy for the mobile segment, deciding to “attend to niche markets that use mid-range and low-end mobiles.” The marketing director of the company HMD Global, the…

Disney names Susan Arnold as first woman chair

Susan Arnold, an American executive, was selected as the next chairman of the Board of The Walt Disney Company to succeed Bob Iger. Arnold has become the first woman to hold that position, ending a nearly 100-year tradition of men leading…

Binance launches tax reporting tool

The exchange Binance recently launched a new tool with which all its clients will be able to carry out tax reports adapted to the needs of their users and complying with the requirements established by the different regulatory bodies. In…

BMW seeks to reduce manufacturing costs by 25 %

The German car manufacturer BMW announced that it will keep cuts due to the crisis caused by the pandemic and the high prices of raw materials. They will reduce production costs per vehicle by 25 % until 2025. Production manager Milan…

Sony to adapt PlayStation video games to phones

Sony plans to make mobile adaptations of the most popular PlayStation video games, as well as develop more titles on this platform and create a business plan around cell phones within three to five years. The company will begin an…