In 2023, Spotify paid $9 billion in royalties. This is what spurred the expansion
The streaming behemoth Spotify claimed on Tuesday in its most recent "Loud and Clear" report that it paid out $9...
Industry
Marlboro company sells $2.2 billion interest in owner of Bud Light
Altria will sell 35 million shares of AB InBev as a result of the transaction.With a market value of around...
Musk travels to the German Tesla Gigafactory following an alleged arson incident
The Tesla Gigafactory, which was forced to cease work last week after losing power after a suspected arson assault, was...
Mongolia and SpaceX are in discussions to launch the country’s first satellite
In an effort to increase connectivity and grow its "domestic space economy," the Mongolian government said on Thursday that it...
The Israel-Hamas conflict is to blame for McDonald’s and Starbucks’ reduced sales
McDonald's shares dropped by about 4% on Monday after the company revealed that its fourth-quarter revenue shortfall was partly caused...
Amazon-iRobot agreement canceled following EU objection
In a joint statement, the firms expressed their disappointment over the lack of a clear regulatory pathway to allow them...
How Stanley become a $750 million company annually
With its bottles and thermoses that maintained food and beverages hot or cold for extended periods of time, the drinkware...
World Business Media is acquired by Thomson Reuters
World Business Media Limited, a subscription-based source of news and analysis on the insurance and reinsurance markets, was bought by...
Red Sea raids cause supply routes to be disrupted, thus Tesla halts production at its German factory
Tesla has announced that it is temporarily stopping the majority of production at its German manufacturing due to attacks in...
With a $7.6 billion gain from T-Mobile, SoftBank’s shares jump
On Wednesday, SoftBank Group's stock increased by 5% following the company's announcement that it will receive shares in the U.S....
