According to a report by the Bloomberg news, Amazon plans to invest more than a billion dollars annually to produce movies for theaters. If true, it will be the biggest commitment to cinemas by an internet company to date.
The report further added that the online retail behemoth plans to release 12 to 15 movies in a year. Shares of AMC and Cinemark have been said to be hitting session highs. Cinemark gets the biggest pop up nearly 6.5%.
Microsoft CEO Satya Nadella has sold approximately $43.4 million worth of Microsoft shares, drawing attention from investors and market watchers as the technology giant continues to push aggressively...
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The US military has taken an unusual cybersecurity step: disabling advertising trackers on government-issued phones and computers amid concerns that commercially collected location data could expose American troops...
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YouTube Premium is facing another legal challenge over one of its biggest selling points: its promise of an “ad-free” viewing experience. A second proposed class action lawsuit has...
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