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    1. Business News
    2. Authors
    3. bloomberg

    Bloomberg

    global markets, asian markets, us stock market
    Asian stocks, US futures drop as Fed outlook takes toll; Crude, gold prices decline

    Stocks fell along with US equity futures Monday on escalating threats to global economic growth, in particular the Federal Reserve’s…

    By Bloomberg
    August 22, 2022 06:45 IST
    Spending by major crypto firms, including the trading platforms Crypto.com, Coinbase Global Inc. and FTX, fell to $36,000 in July in the US, according to ISpot.
    Crypto ads starring Matt Damon, Tom Brady vanish from US television sets

    The drop in national TV marketing by the industry in the US has coincided with the selloff in Bitcoin and…

    By Bloomberg
    August 20, 2022 17:57 IST
    best-performing stock, S&P 500, Warren Buffett, Berkshire Hathaway, billionaire investor
    Warren Buffett’s Berkshire Hathaway to buy as much as 50% in Occidental Petroleum, the best-performing stock in S&P 500 this year

    Earlier this month, Berkshire reported that it now holds 188 million shares of Occidental’s common stock, a little more than…

    By Bloomberg
    August 20, 2022 17:15 IST
    Walt Disney Co., Netflix’s biggest competitor in paid-video streaming, is also working on an ad-supported version of its flagship service, Disney+.
    Netflix won’t run ads in kids programs, new movies

    Microsoft Corp. will handle the technology and sales for advertising in Netflix, at least initially

    By Bloomberg
    August 20, 2022 15:36 IST
    Zuckerberg said on Meta’s July 27 earnings call that he’s “slowing the pace” of long-term investments due to the revenue shortfall
    Metaverse jobs are disappearing as hiring slows at Google, Facebook

    While full-time metaverse jobs have become more scarce, the number of freelance gigs for metaverse-related services like avatar development and…

    By Bloomberg
    August 20, 2022 12:07 IST
    While retail traders have been fueling the surge in Bed Bath & Beyond shares, the company’s fundamentals remain dismal.
    Bed Bath & Beyond shares drop as top shareholder exits

    The company’s shares slumped 27% in late trading, on top of a 20% fall in Thursday’s regular session, after a…

    By Bloomberg
    August 19, 2022 11:39 IST
    Still, the early clues suggest Netflix is strictly limiting the frills on the ad-based service.
    Netflix’s ad-supported plan will block downloads of shows, films

    The streaming giant, which eschewed advertising for years, is planning to roll out the ad-supported level by early next year

    By Bloomberg
    August 19, 2022 09:33 IST
    Hashtags like “#elections2022” will be added to content identified as being election related or from the US government, politicians or political parties to make it easier for users to find the center, Han said in the statement.
    TikTok fights election misinformation ahead of US Midterms

    Social media has been a breeding ground for misinformation and harassment during US election cycles

    By Bloomberg
    Updated: August 19, 2022 09:11 IST
    us markets, us stocks, bonds, dollar, crude oil
    US stocks end higher as dip buyers emerge in seesaw session; Dollar, oil rise, treasury yields stay lower

    US stocks ended the day higher after swinging between modest gains and losses as mixed economic and earnings reports failed…

    By Bloomberg
    Updated: August 19, 2022 07:40 IST
    AMTD Digital, IPO, share price, fraud, Hong Kong regulator
    Hong Kong regulator probes investment bank whose share price jumped 32,000% after listing

    Hong Kong’s market has long been plagued by allegations of transactions between closely connected companies.

    By Bloomberg
    August 18, 2022 12:04 IST
    iphone 14 launch
    Apple to launch iPhone 14 on September 7: Report

    The new iPhones will kick off a busy fall product season, which will also include multiple new Macs, low-end and…

    By Bloomberg
    August 18, 2022 10:56 IST
    Blackstone, Sona comstar, Sona BLW
    Blackstone likely to sell Sona BLW shares worth nearly Rs 4,000 crore

    Blackstone Inc. is seeking to raise as much as 31.8 billion rupees ($400 million) through the sale of shares in…

    By Bloomberg
    August 18, 2022 08:01 IST
    india bonds, indian bonds, bond market, bond yields
    Goldman Sachs sees India bonds getting added to JPMorgan Index with an initial 10% weightage

    Indian government bonds may be added to a global index next year, triggering passive inflows of about $30 billion that…

    By Bloomberg
    August 18, 2022 07:14 IST
    DMart, avenue supermarts, reliance retail
    Radhakishan Damani’s big plan to take on Mukesh Ambani; eyes fivefold growth to compete with Reliance Retail

    Radhakishan Damani’s discount supermarket chain, DMart, plans to boost its store count fivefold as it seeks to grow market share…

    By Bloomberg
    Updated: August 18, 2022 07:42 IST
    Meta is working with 10 outside fact checking partners, including five Spanish-language organizations, to review posts and label them if they’re misleading.
    Meta pulls out familiar playbook ahead of US midterms

    Similar to the general election two years ago, the company, which owns Facebook and Instagram, will remove posts that mislead…

    By Bloomberg
    Updated: August 17, 2022 11:00 IST
    us stocks, us stock markets, us markets
    US stocks end higher amid upbeat earnings; analysts caution investors against chasing the rally

    US stocks closed higher following a sudden pullback in tech shares, with investors assessing the latest round of upbeat earnings…

    By Bloomberg
    August 17, 2022 06:42 IST
    apple
    Apple lays off 100 recruiters as part of hiring slowdown; here’s what it said to fired employees

    Terminated contractors were told they would receive pay and medical benefits for two weeks. When they were laid off, employee…

    By Bloomberg
    August 16, 2022 19:32 IST
    Illinois’s primary earlier this year yielded an unexpected ad blitz, according to AdImpact.
    Political ad expenditure for US Midterm elections to touch $9 billion

    Money spent on broadcast, cable, streaming and digital platforms to sway voters ahead of November elections is on track to…

    By Bloomberg
    Updated: August 14, 2022 14:10 IST
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    Latest News

    India's Ride-Hailing Market Diversifies: Premium EVs, Rapido's Subscription Win, and the Rise of Driver-Owned Co-ops.

    For private & government, urban mobility is the ride to book

    Teeing off at home — Eagles, green jackets, and locker room lessons

    Cyclone Montha: IMD sounds red alert; heavy rain forecast for Andhra, Odisha and Tamil Nadu - Check details

    Cyclone Montha: IMD sounds red alert; heavy rain forecast for Andhra, Odisha and Tamil Nadu – Check details

    Bengaluru news, mercedes benz ceo, Mercedes Benz CEO bengaluru visit, Ola Källenius, Ola Källenius at berlin global dialogue, Ola Källenius BGD, trending news

    ‘Will go where that kind…’: What did Mercedes Benz CEO say about his visit to Bengaluru? Watch video

    US shooting: Two killed several others critically injured as party goes awry in North Carolina

    US shooting: Two killed, several others critically injured as party goes awry in North Carolina

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