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%.
Anker, the well-known brand behind a variety of smartphone accessories, has announced a recall of three wireless Bluetooth speaker models due to dangerous battery issues. The recall includes...
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The Samsung Galaxy S25 Ultra happens to be one in a large number of the most eagerly awaited flagship smartphones for this year. Famous for breaking barriers in...
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General Motors (GM) has announced significant financial restructuring and asset write-downs totaling more than $5 billion (€4.8bn) due to underperformance in its joint ventures in China. The Detroit-based...
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