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 % more than the previous year.

Netflix expects to earn 9.24 billion dollars in the first quarter of 2024, 13.2 % more than in the same period of 2023, and achieve a net profit of 1.976 billion dollars.

In a letter to its shareholders, Netflix stated that it has “enough room to grow as streaming expands” and that if it can “improve Netflix faster than the competition, we will have a more valuable company for consumers, creators and shareholders.”

Netflix closed the fourth quarter of 2023 with net profits of $938 million, up 1.605 % from the same quarter of 2022, and revenues of $8.833 million, up 12.5 %.

Netflix started 2024 with a “good pace” and expects its revenues to grow to double digits during the year, thanks to subscribers increase and an adjustment in the price of the service.

K. Tovar

Source: Eleconomista

(Reference image source: Ventil Views, Unsplash)

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The president of Activision, Rob Kostich, assured that the future plans for the video game developer are based on continuing the development of the Call of Duty franchise, with new content in the saga planned until 2027.

The company is preparing the launch of the new installment of its popular video game saga Call Of Duty: Modern Warfare III, which will arrive on November 10 on PlayStation and Xbox consoles and PC, coinciding with the twentieth anniversary of the franchise.

In this sense, after the launch of this new title, Activision intends to continue focusing its efforts on the development of new Call of Duty installments in the long term, with games planned until 2027, as announced by the president. of the company, Rob Kostich, in an interview with GamesBeat.

Currently, Activision has three main studios exclusively responsible for developing the Call of Duty saga, which receive support from other secondary studios. Altogether, Kostich has detailed that around 3,000 developers are working for the entire saga.

This is because, according to Kostich, the games “have changed a lot” and now “are much more difficult to make“, because they require more manpower and more resources to achieve the final results that are offered today in these games. first-person shooter.

Likewise, the manager recalled that “things changed” with the Warzone deliveries, because these require more work for the internal teams and, therefore, more resources, having to deal with the seasons and seasonal content of the video game,” in addition to premium games.

Source: dpa

(Referential image source: Activision, dpa)

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The video game developer and publisher Activision Blizzard closed the second quarter of the year with a net profit of 587 million dollars, which represents an increase of 109 % compared to the same quarter of 2022, according to the income statement published this Wednesday by the company.

Billing between April and June increased by 34.2 %, to stand at 2,207 million dollars, including a 71 % growth in product sales, up to 520 million dollars, while microtransactions within games and subscriptions accounted for revenue of 1,687 million dollars, 25.9 % more.

In this way, in the first six months of the year, the multinational obtained a net profit of 1,328 million dollars, 96.7 % more than in the first half of 2022, while sales totaled 4,590 million dollars, 34.5 % more.

“While we remain concerned about the economy and increasing industry competition, we remain focused on the long-term opportunities ahead and completing our merger with Microsoft,” said Bobby Kotick, CEO of Activision Blizzard.

In this sense, the company has announced an agreement with Microsoft to extend until October 18 the deadline for the closing of its purchase by the Redmond giant in exchange for 69,000 million dollars, which was initially scheduled for July 18.

Source: dpa

(Reference image source: Alexander Cifuentes, Unsplash)

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La entrada Activision Blizzard closed the second quarter with a profit of more than 100 % apareció primero en Bitfinance.

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 is completed, the total number of positions abolished will amount to about 4,000. The details of this tranche of cuts emerged last week, when it was learned that the company would cut about 15 % of the staff in its entertainment division, and that some affected workers would be notified starting this Monday.

The cuts will cover television, movies, theme parks, as well as corporate positions, and will affect all regions where Disney operates. Last February, Disney announced a downsizing affecting some 7,000 positions in its workforce, which exceeds 220,000, as part of a general strategy to cut its annual costs by $5.5 billion.

In this way, the plan was divided into three sections, the first, which took place in March, the second, the current one, begins in April, while the last one will be undertaken “before the beginning of summer”, according to the CEO. from Disney, Bob Iger.

These measures respond to the losses registered by the company in its streaming services, which doubled in 2022 compared to 2021, with an amount that amounts to 1,050 million dollars after the slowdown in subscriber growth and increased competition for the spectators.

Source: dpa

(Reference image source: file)

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La entrada Disney begins another round of mass layoffs apareció primero en Bitfinance.

Grupo Bimbo registered a net profit of approximately 2,500 million dollars in 2022, almost tripling the result obtained in the previous year, when it reached a figure of more than 800 million dollars, that is, 195 % more.

According to the accounts report of the Mexican bakery, this better result is due to record billing levels, with 20.7 billion dollars, mainly attributable to a favorable price mix and the “strong performance” of volumes in all the regions.

By markets, the turnover registered double-digit increases in almost all its markets. Thus, sales grew 17.3 % in North America, 19.5 % in Mexico, 23.3 % in Latin America and 9.8% in the Europe, Middle East and Africa area.

For the group’s CEO, Daniel Servitje, 2022 was an “exceptional” year with “historic” financial performance. We increased our market share in most categories, made historic capital investments, adjusted our strategic focus on grain-based foods, successfully transformed our presence in Argentina and Brazil, and launched our sustainability strategy.

Among the most notable operations of the year, Bimbo acquired Vel Pitar, the main bakery company in Romania, thus expanding its presence to 34 countries.

Source: dpa

(Reference image source: file)

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La entrada Bimbo’s profit in 2022 reached more than $2,000 million apareció primero en Bitfinance.

The Spanish bitcoin ATM company (BTC ATM), BitBase, officially enters the Latin American market with the inauguration of its first ATM on July 18 in Asunción, Paraguay in front of the CC Shopping Mariscal, with which users will be able to acquire or sell Bitcoins and other cryptocurrencies.

Currently, Paraguay has only one ATM owned by the Counter Commerce company and the Xtra24/7 supermarket in Asunción is located.

The Spanish company reported that it plans to install various Bitcoin ATMs during the second half of 2022, not only in Paraguay; but also other Latin American countries in order to position themselves in that market.

With the opening of the ATM in Asunción, BitBase increases the number of its ATMs to 100, approximately, in the cities of Spain, Portugal and now Paraguay, including those that operate under the franchise modality.

Next destination could be Venezuela

The BitBase company also announced that its next destination to install its ATMs could be Venezuela. “Our next challenge is to install a Bitcoin ATM in Venezuela.”

For months the company has indicated that it was in talks with the authorities responsible for the matter, in the Caribbean country, and they estimate that with the “opening of Paraguay they can accelerate processes in Venezuela.”

On the other hand, the opening of ATMs demonstrates the growth of this initiative by bitcoin, since according to data released by MonedaATMadar, the ATMs of this cryptocurrency exceed 38,000 worldwide.

M. Rodríguez

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Source: criptoides.com

La entrada BitBase opens its first ATM in Latin America apareció primero en Bitfinance.

Realme has advanced the date of the presentation event of its new flagship, the GT2 Master Explorer Edition, which will take place on July 12 at 8:00 a.m. The Chinese technology company presented in August 2021 the Realme GT Master Edition, with a Snapdragon 778G processor, and the GT Explorer Edition, with the Snapdragon 870 chipset.

The manufacturer announced through Weibo, the equivalent of Twitter in China, the official presentation of what would become the successor of both models, which will be called GT2 Master Explorer Edition. This event can be followed on the company’s networks, a space in which the technical specifications of the device will be announced.

As media such as Gizmochina have been able to compile based on data published by Chinese certification sites, such as 3C and TENAA, the GT2 Master Explorer Edition will incorporate a 6.7-inch Full HD+ AMOLED screen with a resolution of 1080 x 2400 pixels and a 120Hz refresh rate.

The camera configuration of the device will have three lenses on the back: two 50 megapixels (MP) for the main lens and the wide angle, and another 2MP for the macro. In addition, it will have a 16MP front lens and will have the ability to record videos in 1080p quality.

The device will also feature Qualcomm’s Snapdragon 8Gen1 processor and eight cores that promise speeds of up to 3.2GHz. As for its battery, it will be 5,000mAh with a 100W charge.

The operating system of the new Realme flagship will be Android 12 OS with the brand’s Realme UI 3.0 customization layer. In addition, it will also incorporate the user’s fingerprint scanning integrated into the device panel.

Weighing 199 grams, the GT2 Master Explorer Edition will arrive in three colors (green, white and brown) and in various configurations of LPDDR5 RAM (6, 8 and 12 GB) and ROM (128, 256 and 512 GB).

M. Rodríguez

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Source: dpa

La entrada Realme will present the GT2 Master Explorer Edition smartphone apareció primero en Bitfinance.

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 brand’s controlling company, Adam Ferguson, explained that “manufacturing an $800 phone doesn’t make sense to us right now.”

According to Adam Ferguson, the company is not interested in continuing to contest the top-of-the-line niche online, adding that the HMD “doesn’t want to get involved in a massive spec war with others” and chose to symbolize “something very different.”

Nokia focuses on the prepaid market

HMD Global tried to strengthen itself by trying to satisfy all “price ranges, conquer the segment of basic phones.” As well as innovating in high-end mobiles, developing rapid updates and “offering a clean Android One experience”, with the purpose of satisfying the world market while they aspired to reinstall themselves by evoking the brand’s fondness.

In 2019 and 2020, the company registered negative numbers that deepened as a result of the pandemic. However, the increase in sales in mid-range and low-end devices allowed Nokia to improve its revenues and become a profitable company in the last six quarters.

Given the significant success, Nokia will be emphasizing these segments and expects greater success in the results of the strategy when the brand is no longer associated with the high-end market.

From now on, the company is focused on becoming “the brand with the greatest impact in the world of unlocked prepaid mobiles.”

M. Rodríguez

Source: wwwhatsnew.com

La entrada Nokia will focus on medium and low ranges mobiles apareció primero en Bitfinance.

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 the giant of the entertainment.

Arnold, who will take office on December 31, expressed through a statement: “I hope to continue serving the long-term interests of Disney shareholders, based on the centennial legacy of creative excellence and innovation of the company.”

Current president, Bob Iger, said: “Susan is an incredibly esteemed executive whose wealth of experience, unwavering integrity and expert judgment have been fundamental to the company since she joined the Board in 2007.”

First woman to lead Disney

Susan Arnold is an experienced American executive, who was born in Pittsburgh, Pennsylvania, USA in 1954. Most of her professional life was spent at the multinational Procter & Gamble (P&G), where she joined in the 1980s and She held different positions until she became the president of the Global Business Unit in 2007.

Later on she entered the fast food restaurant chain McDonald’s Corporation, becoming a member of the Board of Directors between 2008 and 2016. She was also a member of the Board at NBTY, the food supplement company known as The Bountiful Company, between 2013 and 2017. In parallel, she has served on the Disney Board since 2007 and for the last 8 years she has served as an operations executive for the investment and capital management firm The Carlyle Group.

M. Rodríguez

Source: niusdiario.es

La entrada Disney names Susan Arnold as first woman chair apareció primero en Bitfinance.

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 recent months, the exchange house has had some discrepancies with the regulatory entities of different countries that are forcing it to take measures to improve the situation. One of the actions taken was the hiring of Jonathan Farnell as Chief Compliance Officer.

Another measure was the launch of the new system for fiscal and tax reports. With this tool, clients of the exchange house can monitor all their assets and ensure compliance with the regulatory requirements established by their country.

However, the company stressed that it does not provide financial or tax advice. Therefore, each user will depend on the legal framework assigned in their territory, but the fact of using or carrying out transactions with cryptocurrencies could mean paying taxes.

The new tool is available, for all clients, on their website, accessing the application in API accounts. The tool has two main uses: transferring the user’s transaction history along with capital gains and losses records. This option facilitates the direct registration of customer information without the need to edit it for presentation to a third party.

It can also be used to obtain a description, in real time, of the local tax obligations of each user. Using the Binance API, the transaction history and records of a financial year can be extracted in order to present it to the regulators of each nation.

M. Rodríguez

Source: bitcoin.es

La entrada Binance launches tax reporting tool apareció primero en Bitfinance.