Global World Business

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Netflix Earnings: Stock Rises After Beating Expectations—Despite Slower Subscriber Growth

Oct 17, 2024,04:28pm EDT Netflix exceeded Wall Street’s expectations for both earnings and revenue, adding 35 million paid subscribers year-over-year. This strong performance pushed the company’s stock up in after-hours trading, despite a noticeable slowdown in subscriber growth.   Key Facts Netflix reported earnings of $5.40 per share and revenue of $9.82 billion for the […]

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Instagram Launches New Safeguards Against ‘Sextortion’ to Protect Child Safety—What You Need to Know

Oct 17, 2024 Instagram has introduced new safety features designed to protect teenagers from the growing threat of “sextortion” scams, as concerns continue to rise over the role social media plays in child safety.   Key Facts Instagram will now block screenshots or screen recordings of disappearing messages in direct messages. When a user attempts

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X to Allow Users to View Tweets from Blocked Accounts—Here’s Why the Change is Stirring Controversy

Oct 17, 2024 X is set to implement a controversial update to its block function, allowing users to view posts from accounts that have blocked them. This is the latest in a series of changes to the Elon Musk-owned platform, formerly known as Twitter, sparking widespread backlash among users.   Key Facts X’s engineering page

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Stripe in Negotiations to Acquire Crypto Startup Bridge for $1 Billion

Oct 17, 2024 Months after co-founder John Collison announced “crypto is back,” fintech giant Stripe is reportedly in talks to acquire Bridge, a startup that specializes in infrastructure for crypto stablecoins, according to five sources familiar with the discussions, as reported by Forbes. The deal is said to be valued at $1 billion, according to

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Wizz Air Introduces Google and Apple Pay Options

Sun 29 Sep 2024 In the fast-evolving digital payment landscape, Wizz Air has embraced innovation by integrating Google Pay and Apple Pay into its service offerings. This strategic move caters to the growing demand for swift and secure transaction methods, enhancing customer convenience across its platforms.  As digital wallets become increasingly popular among travelers seeking

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Citigroup and Apollo Collaborate on a $25 Billion Private Credit Initiative

September 26, 2024 at 12:30 PM GMT Citigroup Inc. and Apollo Global Management Inc. have announced a groundbreaking partnership in the burgeoning private credit sector, committing to collaboratively manage $25 billion in deals over the next half-decade. This alliance, revealed in a Bloomberg-cited statement, marks a strategic move to provide tailored financings for corporate and

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Exploring the Dynamics of Global Entrepreneurship: Trends, Challenges, and Opportunities

19th, September, 2024 What Drives Global Entrepreneurship? Introduction: In today’s interconnected world, global entrepreneurship is more than just a buzzword; it’s a vital component of economic development and innovation on an international scale. Entrepreneurs around the globe are leveraging cross-cultural opportunities to launch businesses that drive progress, create jobs, and solve pressing challenges. This article

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Meet Daniel Lubetzky: The Snack Food Billionaire Joining ‘Shark Tank’

Sep 18, 2024,04:32pm EDT Introduction: Daniel Lubetzky, the entrepreneurial force behind Kind Healthy Snacks, is taking on a new role in the business world, this time on television. Lubetzky will make his debut as a regular investor on the popular TV show “Shark Tank” in its upcoming season this October, marking a significant addition to

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The Entrepreneurial Era Is Coming to a Close as We Understand It

MAY 2, 2024 We are undoubtedly witnessing the twilight of an era defined by explosive growth in entrepreneurship. Since the dotcom boom and the popularization of shows like Shark Tank, The Apprentice, and Dragons’ Den—programs I’ve been a part of—a surge of eager individuals has plunged into the exhilarating yet challenging world of entrepreneurship.  

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Boeing’s Starliner Prepares First Human Launch In Bid To Catch Musk’s SpaceX — How To Watch And Why It Matters

May 3, 2024,07:38am EDT Boeing’s Starliner Ready for First Manned Space Mission, Signaling Industry Competition   Key Points Boeing’s Starliner is set to embark on its inaugural manned space voyage on Monday, a significant achievement for the company amidst challenges and in a competitive race with SpaceX. The mission, scheduled to launch from Cape Canaveral

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