JPMorgan Moves Further Into FinTech
To counter threats from fintech companies like Stripe and Block, JPMorgan Chase has agreed to buy a payments startup named Renovite.
Go Deeper (2 min read)A Cheap Tool Enabling Companies To Make Dubious "Net Zero" Claims.
Go Deeper (2 min read)Apple's Ads Push
Apple wants to roughly double the personnel in its rapidly expanding digital advertising business. According to recruitment websites, the iPhone manufacturer's ad platforms team consists of roughly 250 employees.
Go Deeper (2 min read)Volkswagen To Go Ahead With The Porsche IPO
Volkswagen and Porsche Automobil Holding SE, the Porsche family holding and the company's largest shareholder, announced their intention to proceed with the IPO of Porsche AG.
Go Deeper (2 min read)The Walt Disney Company is an American entertainment company active in mass media and entertainment. The company is headquartered at the Walt Disney Studios complex in Burbank, California.
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The Complex Dynamics Of The Streaming Market
Last week, Walt Disney announced a better-than-anticipated 26% increase in revenue thanks to record performance at its theme parks sector and the addition of more new subscribers to its main streaming video platform Disney+.
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Shopify's Growth Comes To A Halt
Shopify's platform is now being avoided by companies hurt by rising prices and decreasing consumer spending, which is impeding its efforts to correct previous errors in overestimating e-commerce demand.
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Chip Demand Falls Sharply
The semi-conductor chip shortage is easing, according to Hyundai, ABB, and Swedish refrigerator giant Electrolux. This is encouraging for manufacturers following a protracted search for parts.
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CBRE, The Real Estate Giant
CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm with $27.7 billion in revenue and $141.9 billion in AuM as of Dec. 31, 2021.
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Despite worries about slowing growth, Berkshire Hathaway's operating profits increased in the second quarter, but Warren Buffett's conglomerate was not immune to the general market turbulence.
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China's Economy Showing Cracks
Economic pressures on China continue to be a drag on stutturing global economy as China's primary economic pillars release in July showed weaknesses in the manufacturing and crucial real estate industry.
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