Monthly Archive: January 2019

Netflix is raising prices across of all of its tiers 0

Netflix is raising prices across of all of its tiers

Netflix most recently increased the prices of its two higher tier plans back in 2017. “We change pricing from time to time as we continue investing in great entertainment and improving the overall Netflix...

Facebook will spend $300 million to help local newsrooms 0

Facebook will spend $300 million to help local newsrooms

And boy do local newspapers need the help: a recent study showed that 1,800 local news publications have closed or merged since 2004 — that’s one in five local papers. The impact of these...

It’s more than just the trade war. Apple’s China business has been under pressure for a while 0

It’s more than just the trade war. Apple’s China business has been under pressure for a while

Several Wall Street analysts have been cutting their iPhone production forecasts in the last few weeks amid reports of lackluster demand for the latest models. In November, Apple also said it would no longer...

Tim Cook blamed China for Apple weakness: Here’s what he said about the country in 2018 0

Tim Cook blamed China for Apple weakness: Here’s what he said about the country in 2018

Apple Chief Executive Tim Cook has blamed an economic slowdown in China, and the Sino-U.S. trade war, for its downgrade to its first-quarter sales guidance. That marks a dramatic change in tune from the...

Here are the best and worst performing markets of 2018 0

Here are the best and worst performing markets of 2018

Qatar’s stock exchange surged over 20 percent in U.S. dollar denominated terms in 2018. The small Gulf state officially left OPEC on Tuesday, ending a membership which had stood for more than half-a-century. Doha...

Trump will win the trade war with China, says Gary Shilling 0

Trump will win the trade war with China, says Gary Shilling

© 2019 CNBC LLC. All Rights Reserved. A Division of NBCUniversal Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and...

Apple must respect court ban on iPhone sales, Chinese anti-counterfeit alliance says 0

Apple must respect court ban on iPhone sales, Chinese anti-counterfeit alliance says

A national Chinese anti-counterfeit alliance called on Apple on Thursday to comply with a court order banning sales of some iPhones in the country. The order was made in December at Qualcomm‘s request, and...

This timeline shows how the US-China trade war led to the latest round of talks in Beijing 0

This timeline shows how the US-China trade war led to the latest round of talks in Beijing

The Trump administration and the Chinese government restart trade talks Monday as they scramble to strike a new deal before a March 2 deadline. Washington and Beijing hope to stop a potentially ruinous trade...

Elon Musk breaks ground on Tesla’s Shanghai factory 0

Elon Musk breaks ground on Tesla’s Shanghai factory

Tesla CEO Elon Musk and Shanghai Mayor Ying Yong celebrated on Monday the ground breaking of the electric automaker’s first non-U.S. factory. “China is becoming the global leader in electric vehicle adoption, and it...

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Stabbed Polish mayor dies in hospital

The mayor of the Polish city of Gdansk has died in hospital after being stabbed at a charity event, hospital officials say. Pawel Adamowicz, 53, was attacked on stage in front of hundreds of...