VIEWEDNOW PLAYINGQATAR AIRWAYS CLAIMS AIRBUS DESIGN FAULTS, CANCELS MAJOR CONTRACTAirbus has cancelled a $6bn contract with Qatar Airways for 50 of its new A321 Neo passenger jets, escalating a legal battle between the two companies over paint on the recently delivered A350s. Q... Al Jazeera12 hours agoVIEWEDNOW PLAYINGTIKTOK TO TRIAL 'PAID SUBSCRIPTION' MODELTikTok recently announced that it is testing a paid subscription model. The news comes days after Instagram publicized a similar service. TikTok has made $2.3 billion from in-app purchases, but mos... Cheddar News3 days agoVIEWEDNOW PLAYINGSERBIA: RIO TINTO MINE REVOKED OVER ENVIRONMENTAL CONCERNSShares in Rio Tinto tumbled on Friday after Serbia revoked its lithium exploration licenses over environmental concerns, hurting the Anglo-Australian miner's ambition to become Europe's largest sup... Reuters3 days agoVIEWEDNOW PLAYINGQATAR AIRWAYS, AIRBUS IN MAJOR FALLOUT, ORDERS CANCELLEDAirbus has revoked a big jet order from Qatar Airways amid a falling out between the two over compensation for flaws in some planes. Julian Satterthwaite reports. Reuters3 days agoVIEWEDNOW PLAYINGNETFLIX WARNS SUBSCRIBER GROWTH 'SLOWING'Netflix dashed hopes for a quick rebound after forecasting weak first-quarter subscriber growth on Thursday, sending shares sinking nearly 20% . Reuters3 days agoVIEWEDNOW PLAYINGTROUBLE FOR PELOTON, SHARES PLUMMET AFTER PRODUCTION 'PAUSE'Shares of exercise bike maker Peloton Interactive slumped as much as 27% on Thursday (Jan 20) following a report that it was temporarily pausing production of its connected fitness products due to ... Reuters3 days agoVIEWEDNOW PLAYINGNETFLIX ANNOUNCES PLANS TO HIKE SUBSCRIPTION COSTSNetflix Inc. raised the price of its monthly subscription packages by $1 to $2 in the U.S., boosting revenue and increasing the money it can spending on programming. Bloomberg5 days agoVIEWEDNOW PLAYINGSONY STOCK TUMBLES ON AFTER MICROSOFT ACQUISITIONSony stock tumbled 13% on Wednesday after news that Microsoft was buying game maker Activision Blizzard, ramping up its challenge to the Japanese firm. Julian Satterthwaite reports. Reuters5 days agoVIEWEDNOW PLAYINGL’ORÉAL LEANS INTO HIGH TECH HAIR, BEAUTY START-UPSL’Oréal is doubling down on its investment in tech. The French beauty giant unveiled two new high-tech products ahead of CES 2022, aimed at simplifying the hair coloring process. Cheddar News5 days agoVIEWEDNOW PLAYINGMICROSOFT TO ACQUIRE 'CALL OF DUTY' MAKER ACTIVISION BLIZZARDMicrosoft Corp is buying "Call of Duty" maker Activision Blizzard for $68.7 billion in the biggest gaming industry deal in history as global technology giants stake their claims to a virtual future... Reuters5 days agoVIEWEDNOW PLAYINGWORLD RICHEST PEOPLE 'DOUBLED WEALTH' DURING PANDEMICThe anti-poverty NGO called for governments to improve wealth distribution and to end the "shameful vaccine apartheid". EuroNews6 days agoVIEWEDNOW PLAYINGAMAZON HALTS BAN ON VISA CREDIT CARDSAmazon.com said on Monday it would not stop accepting UK-issued Visa Inc credit cards on its British website later this month as it had proposed. Natalie Powell reports. Reuters6 days agoVIEWEDNOW PLAYINGFTX ANNOUNCES $2 BILLION FUND WITH 'CRYPTO FOCUS'FTX's Head of Ventures and Commercial Amy Wu joins Emily Chang to talk about FTX's new $2 billion venture fund and where they intend on investing most. She also shares her thoughts on 2022 crypto... Bloomberg7 days agoVIEWEDNOW PLAYINGMONSTER ENERGY DRINK MAKER VENTURES INTO ALCOHOL MARKETMonster Beverage is charging into the beer and hard seltzer biz with its $330 acquisition of CANarchy Craft Brewery Collective. The energy drink finalized the deal a week after Constellation Brands... Cheddar News9 days agoVIEWEDNOW PLAYINGMUSK CONFIRMS TESLA WILL TAKE DOGE FOR MERCHElon Musk has confirmed that Tesla will take dogecoin as payment for some merchandise, sending the meme-inspired currency soaring in value again. Julian Satterthwaite reports. Reuters10 days agoVIEWEDNOW PLAYINGTESLA REPORTEDLY PUSHES BACK CYBERTRUCK TO 2023Tesla Inc aims to start initial production of its much-anticipated Cybertruck by the end of the first quarter of 2023, pushing back its plan to begin production late this year, a person familiar wi... Reuters10 days agoVIEWEDNOW PLAYINGTESLA REMOVES REFERENCE TO 2022 RELEASE FOR CYBERTRUCKTesla has scrubbed any mention of its Cybertruck being released in 2022 from its website after the company delayed production last year. The EV maker is slated to begin manufacturing the electric t... Cheddar News11 days agoVIEWEDNOW PLAYINGDELTA AIRLINES WARNS OF MOUNTING FINANCIAL LOSSESDelta Air Lines on Thursday reported higher quarterly earnings on the back of strong holiday travel demand but warned of a loss in the quarter through March due to turbulence caused by the Omicron ... Reuters11 days agoVIEWEDNOW PLAYINGJUST EAT TAKEAWAY SEES ORDERS JUMPJust Eat Takeaway.com, Europe's largest meals delivery company, on Wednesday reported fourth-quarter order growth of 14% and maintained its financial forecasts for 2022. Francis Maguire reports. Reuters12 days agoVIEWEDNOW PLAYINGTESLA SELLS RECORD NUMBER OF CHINA-MADE VEHICLESU.S. electric vehicle maker Tesla Inc sold 70,847 China-made vehicles in December, the highest monthly rate since it started manufacturing in Shanghai in 2019, data from the China Passenger Car Ass... Reuters13 days agoVIEWEDNOW PLAYINGUBER RIVAL BOLT RAISE VALUES COMPANY AT $8 BILLIONUber rival Bolt says it has raised $711 in new funding from investors, with its value now put at over $8 billion. Julian Satterthwaite reports. Reuters13 days agoVIEWEDNOW PLAYINGPREDICTIONS UBER TO BENEFIT FROM 2022 'YEAR OF THE GROCERY'Analytics firm Needham is predicting 2022 to be the "year of grocery" for the ride-hailing and food delivery company Uber. Despite early predictions of a drop-off in the food delivery sector, it ... Cheddar News14 days agoVIEWEDNOW PLAYINGROLLS-ROYCE CAR SALES HIT RECORD HIGH IN 2021Luxury carmaker Rolls-Royce, a unit of Germany's BMW, said on Monday (January 10) its sales soared 49% to a record high in 2021 despite the global coronavirus pandemic, as demand worldwide for luxu... Reuters14 days agoVIEWEDNOW PLAYINGREDDIT REPORTEDLY PLANNING IPO IN MARCHReddit Inc., the social media company that helped fuel 2021's meme stock frenzy, is working with Morgan Stanley and Goldman Sachs Group Inc. to go public as soon as March, according to people with ... Bloomberg16 days agoVIEWEDNOW PLAYINGAPPLE CEO TIM COOK TAKES HOME $99 MILLION IN 2021CEO Tim Cook made a staggering $98.7 million in total compensation for 2021. The majority of Cook's earnings came from stocks along with his salary of $3 million. Apple recently became the first ... Cheddar News16 days agoVIEWEDNOW PLAYINGTHE NEW YORK TIMES ACQUIRES THE ATHLETIC FOR $550MThe New York Times has acquired sports outlet The Athletic in a $550 million deal. The acquisition brings the Times closer to its 10 million paid subscribers goal by 2025. Cheddar News17 days agoVIEWEDNOW PLAYINGASTON MARTIN SALES SURGE DESPITE VALKYRIE DELAYSAston Martin said sales to dealers in 2021 surged 82%, even as the British luxury automaker forecast lower-than-expected annual adjusted core earnings due to delays in shipments of its limited-edit... Reuters17 days agoVIEWEDNOW PLAYINGPOLITICAL FUNDING FOR CAPITOL RIOT 'OBJECTORS' DOWN 60%Following the attack on the Capitol last year, several major corporations promised to no longer pour funds into the campaigns of Republican lawmakers who supported the January 6 insurrection. Cheddar News17 days agoVIEWEDNOW PLAYINGGOOGLE HIT WITH RECORD FINE OVER ONLINE TRACKINGFrance's data privacy watchdog CNIL said on Thursday it had fined Alphabet's Google a record 150 million euros ($169 million) for making it difficult for internet users to refuse online trackers kn... Reuters18 days agoVIEWEDNOW PLAYINGBENTLEY CRUISES TO RECORD SALES DURING PANDEMICA global health crisis and a worldwide shortage of computer chips seem to have left luxury carmakers untouched, with Bentley just posting another record year for sales. Julian Satterthwaite reports. Reuters18 days ago
