The US stock market has been on a tear for the past three months, and Big Tech gets much of the credit. But how can this possibly be when the coronavirus has inflicted so much damage?
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Spotify Technology breached the mythical $50-billion market valuation barrier on Thursday. Unfortunately, investors seem a little out of tune with the music streaming service’s real potential.
Halfway through 2020, the Nasdaq 100 Index is not only back in positive territory, but is headed for a year that ranks with its best of the last two decades.
MultiChoice Group has decided to carry competing streaming television services on its upcoming Explora PVR because the broadcaster wants to position itself as a “super aggregator” of content.
European police busted an illegal streaming ring that provided service to two million people and was so sophisticated that it had its own customer service team.
MultiChoice Group has signed agreements with Netflix and Amazon.com to offer the companies’ streaming services through its next-generation Explora personal video recorder decoder.
MultiChoice Group has reported a 14% improvement in trading profit to R8-billion for the year ended 31 March 2020, despite a tough economic environment and the growing threat of Netflix.
Online taxi-hailing platforms, streaming sites and subscription-based digital newspapers are among marketplace service providers that Kenya plans to tax, according to proposals by its revenue agency.
Stocks were supposed to be mired in a bear market after they plunged in March as the coronavirus pandemic shut business and sent unemployment to its highest rate since the Great Depression. Except they aren’t.
Apple has secured a deal for Hollywood veteran Martin Scorsese’s next film, Killers of the Flower Moon, US media reported on Wednesday, citing sources.