Tag Archives: Netflix

Business this week

Business this week

Ren Zhengfei, the founder and boss of Huawei, said he was considering selling his company’s 5G technology, which has become a source of tension between America and China. The Chinese maker of telecoms equipment has in effect been locked out of the American roll-out of 5G because of national-security concerns. Mr Zhengfei suggested Huawei would share 5G patents with …

Together again | Viacom and CBS agree to reunite

Together again | Viacom and CBS agree to reunite

After years of bitter wrangling, Viacom and CBS merge to counter the media industry’s giants AMERICA’S MEDIA business once lionised boutique firms and their iconoclastic bosses. No longer. Like so many other industries, it has come to be dominated by a few huge companies focused squarely on achieving economies of scale. Besides Netflix, a pioneer of …

Business this week

Business this week

In a presentation to scientists, Elon Musk said that a startup he backs which is developing technology to integrate artificial intelligence with the brain plans to begin tests on humans by the end of next year. Neuralink is working on a system that will connect the human brain to machines by implanting hundreds of electrode “threads”, …

Earnings reprieve · Profits are down in America Inc

Earnings reprieve · Profits are down in America Inc

Is it time to worry? “IT’S NOT that bad,” remarked Jamie Dimon, boss of JP Morgan Chase, of the global economy on July 16th. But, Wall Street’s favourite banker had to concede, business sentiment “is a little bit worse”. Prospects for American companies have indeed dimmed. Analysts expect earnings of the biggest among them, which have …

Business this week

Business this week

Tensions in the alliance between Renault and Nissan were on display at the latter’s annual shareholders’ meeting, the first since the arrest on financial-misconduct charges of Carlos Ghosn, who ran the alliance. Nissan’s investors directed most of their ire at Jean-Dominique Senard, Renault’s chairman, who has pushed for a full merger with Nissan and had threatened to scupper changes …