Media empire Warner Bros. Discovery has revised its annual profit projections to a range of $300 million to $500 million, largely due to the impact of strikes by the screenwriters' and actors' unions in the United States. These strikes have been unleashed as a protest against the giant entertainment…
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Apple earned 2.25% more in its fiscal third quarter
Apple registered a net profit of 19,881 million dollars in its third fiscal quarter (between April and June 2023), which is 2.25 % more than the 19,442 million dollars obtained in the same period of the previous fiscal year, as reported by…
Disney announces the layoff of 7,000 employees
The US leisure and entertainment giant The Walt Disney Company has decided to cut 7,000 employees, representing 3.6 percent of its workforce, all in an effort to improve its profit margins.
This was announced this Wednesday by the…
Lithium producer SQM obtains benefits over $ 585 million
The Chemical and Mining Society of Chile (SQM) recorded a net profit of 585.5 million dollars in the 2021 financial year, which means multiplying by more than three times the profits recorded a year earlier, as reported by the company in…
US Congress to analyse tax exoneration of Bitcoin transactions
Representatives of the government and the opposition of the United States presented before the lower house of the Congress of the Republic the draft Law on Tax Equity for Virtual Currencies, in which the exemption of tax obligations for…
Nintendo earnings reach 243.6 % during quarantine
The entertainment industry shows positive signs during the lockdown due to Covid-10 pandemic. The Japanese company Nintendo is a clear example of this, with accumulated profits during the first half of its fiscal year of 243.6 %.
Sales of…
Gold price increases due to dollar weakness
This Friday Gold rose to 1 % and is on track to register a second consecutive weekly gain, due to the weakness in the dollar and the negotiations for new stimulus measures in the United States which led investors to buy bullion as hedge…
BTC options expiration could lead to increased volatility
This Friday, September 25, is the expiration date of 47% of the BTC options. Given the proximity of the date, expectations increase regarding what the trend in volatility of the main cryptocurrency could be globally.
The current value in…
Twitter could become a subscription service
The social network Twitter does not escape the global financial crisis. According to the company's directors, during the second quarter of 2020 there was a 23% drop in earnings compared to the same period last year.
The situation has been…
Vertcoin cryptocurrency undergoes a new attack
A new attack on Vertcoin triggered the alarms in the crypto ecosystem. The fact was detected by a miner who noticed an unusual increase in the price of hashrate rental in Nicehash on November 30.
The cyber attack also generated work from…