Netflix's stock market value eclipses Disney's for first time
Netflix's stock market value ballooned to a record US$153 billion on Thursday and eclipsed Walt Disney Co for the first time, making it the world's top entertainment company and underscoring a monumental shift by viewers away from cinemas and cable television.
KUALA LUMPUR (Aug 16): Axiata Group Bhd will recognise an impairment of RM3.33 billion in the carrying value of its investment in Idea Cellular Ltd, which is now part of India’s largest telecom company, Vodafone Idea Ltd.
The RM3.33 billion write-down is expected to have a material impact on the group's earnings, earnings per share, net assets (NA) per share and gearing for the financial year ending Dec 31, 2018 (FY18).
Inokyo wants to be the indie Amazon Go. It’s just launched its prototype cashierless autonomous retail store. Cameras track what you grab from shelves, and with a single QR scan of its app on your way in and out of the store, you’re charged for what you got. Inokyo‘s first store is now open on […]
Android users will download 170 billion apps, spending over $50 billion in 2018. This is according to mobile insights company App Annie, which pegs the Android release of Fortnite as a driving factor for growth. Fortnite is in beta on Android, but it’s been available on iOS since April. According to App Annie, Fortnite has […]