Comcast Corp
How the summer box office sizzled, then fizzled – in charts
Natalie Portman stars as the Mighty Thor, aka Dr. Jane Foster, alongside Chris Hemsworth, who plays Thor Odinson, in Marvel’s “Thor: Love and Thunder.” Disney The summer box office started with a bang, but as the season shifts into fall, ticket sales have fizzled. Paramount and Skydance’s “Top Gun: Maverick,” alongside Disney and Marvel Studio’s […]
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Comcast executives expect Disney to stick to its agreement to acquire the remaining stake in Hulu
Hulu Rafael Henrique | SOPA Images | LightRocket | Getty Images The future of Hulu continues to be an open question as Comcast and Disney still haven’t agreed on terms that will settle the company’s future ownership. But Comcast executives are planning on Disney buying them out — even if they’d prefer otherwise. related investing […]
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California passes invoice aimed at generating the world wide web safer for kids
A girl stares at her laptop or computer monitor Alain Jocard | AFP | Getty Illustrations or photos California’s condition legislature passed a invoice this 7 days that, if enacted, would involve on the web platforms to consider additional measures to guarantee their products and services are protected for youthful buyers. The point out senate […]
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Comcast agrees to sell its majority stake in regional network NBC Sports Washington
Alex Ovechkin #8 of the Washington Capitals races up the ice with the puck during a game against the Toronto Maple Leafs at Capital One Arena on April 24, 2022 in Washington, D.C. John Mccreary | National Hockey League | Getty Images Comcast has agreed to sell its majority ownership stake in NBC Sports Washington, […]
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Fiber optic technology powers the internet, and it’s a big business
Fiber-based networks make up the majority of the internet’s backbone. Fiber-optic subsea cables spanning thousands of miles connect continents together, exchanging data at nearly the speed of light. Meanwhile, the massive data centers that host all of our cloud-based applications also rely on fiber connections. Increasingly, these fiber connections are making their way directly into […]
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CNBC Chairman Mark Hoffman to step down in September
Mark Hoffman, Chairman of CNBC Mark Hoffman, CNBC’s president since 2005 and chairman since 2015, announced Tuesday he will step down on Sept. 12. Hoffman is leaving of his own accord. NBCUniversal hired Cesar Conde to oversee NBC News, MSNBC and CNBC in May 2020 to bring more centralized leadership to the group. KC Sullivan will return […]
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‘Avatar,’ Spider-Man and Star Wars return to the big screen as summer box office winds down
Tom Holland stars as Peter Parker in “Spider-Man: No Way Home.” Sony Spider-Man, the Na’vi and a ragtag group of galactic rebels are making their way back to theaters at the end of the summer. Disney is releasing Star Wars prequel “Rogue One” and “Avatar” in domestic theaters in the coming weeks, while Sony will […]
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Viking Global bets big on insurance stocks, including a $500 million stake in AIG
Massive hedge fund Viking Global made large bets on insurance stocks during a volatile second quarter for Wall Street, according to securities filings. Viking’s second-quarter regulatory filing, released on Monday, shows that the fund initiated a stake of more than $500 million in AIG . Viking also scooped up more than 1.3 million shares of […]
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Stocks making the biggest moves premarket: Vroom, Poshmark, Revolve, Green Plains and more
Vroom IPO at the Nasdaq site, June 9, 2020. Source: Nasdaq Check out the companies making headlines before the bell: Poshmark — Shares spiked more than 5% after Barclays upgraded the online fashion retailer to overweight from equal weight. Poshmark will get a boost from the fast-growing second-hand clothing marketplace, especially if consumers trade down […]
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Blumhouse’s ‘The Black Phone’ shows that horror, and original storytelling, has a place at the box office
Any apprehension Jason Blum had about the future of the box office has been quelled now that “The Black Phone” has surpassed $150 million at the global box office. Blum was one of many that worried lower budget films might not have a place at cinemas in the wake of pandemic theater closures. However, the […]
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