US medicine spending shows rare dip Total U.S. spending on prescription medicines declined last year, a first in more than half a century. The dip was 1 percent, to $325.8 billion — a 3.5 percent drop after accounting for population growth and economic expansion, according to the IMS Institute for Healthcare Informatics. More
Microsoft may buy Barnes & Noble's Nook unit for $1 billion According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. More
US casino revenue up nearly 5 percent in 2012 Things are looking up for most of the nation’s commercial casinos, as gambling revenue increased by nearly 5 percent last year and jobs held roughly steady. According to the annual survey of casinos by the American Gaming Association, America’s nontribal casinos took in $37.3 billion from gamblers last year, an increase of 4.8 percent over 2011. More
YouTube Claims Victory Over TV - Battle Won With One Billion Visitors Per Month With more than one billion unique visitors every month, YouTube asserted last night that the battle between television and the online video giant is over. YouTube claimed victory with six billion views per month. According to the Wall Street Journal, which cited Mark Mahaney's estimates, a stock analyst at RBC Capital Markets, that YouTube generated about $4 billion in revenue in 2012, up from $2.5 billion in 2011. More
Xbox console sales down 30%, hardware only represents 9% of Microsoft's gaming revenue Xbox hardware revenues increase after two consecutive quarters of low sales, yet console sales only represent less than 10% of total quarterly earnings. 10/31/2024 - 12:19 pm | View Link
Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it Microsoft on Wednesday reported its quarterly sales grew 16% to $65.6 billion as the company sought to assure investors its huge spending on artificial intelligence is paying off ... 10/30/2024 - 12:24 pm | View Link
At half a billion sales, Call of Duty is as good as it’s ever been The Call of Duty series has sold more than 500 million copies to date, publisher Activision-Blizzard told The Washington Post. This elevates it to among the best-selling game franchises in history ... 10/30/2024 - 12:03 pm | View Link
Activision Blizzard: What Microsoft Got for $69 Billion Last year, Microsoft closed its takeover of Activision Blizzard. In the months that followed, interest rates rose, expectations changed, and Microsoft Gaming eliminated 8% of its workforce. 10/30/2024 - 3:33 am | View Link
'Call of Duty' To Release Tomorrow As Microsoft Pushes For Gaming Supremacy Microsoft bought the game's publisher Activision-Blizzard a year ago for $69 billion in the sector's biggest takeover. 10/23/2024 - 9:44 pm | View Link
If you want to solve tricky business challenges, this mindset will serve you better than any technical degree.
In today’s tech-driven business world, the ability to navigate technological challenges isn’t just for engineers anymore—it’s a must-have skill for leaders across all industries. As an engineer-turned-CEO, I’ve discovered that the most valuable asset isn’t specific technical knowledge, but a mindset primed for problem-solving, adaptation, and continuous learning.
Rampant inflation helped sink VP Kamala Harris’s chances to win.
Vice President Kamala Harris lost the presidential race on Tuesday in large part because Americans are dissatisfied with the economy. According to an NBC News exit poll, 31% of voters cited the economy as their top issue.
Chatbot Lily stepped in for Luis von Ahn, the CEO of Duolingo, for opening remarks on Wednesday's earnings call. Screenshot from Duolingo earnings call and Kevin Dietsch for Getty ImagesDuolingo's Wednesday earnings call started with an AI chatbot demonstration. The chatbot, Lily, summarized the company's performance this quarter. Despite revenue growth, Duolingo missed paid user targets, and its stock fell 5% in late trading.
The author tried the most expensive drinks from Luckin Coffee and Starbucks in Singapore's Central Business District. Aditi BharadeLuckin Coffee, which has put up a strong fight against Starbucks in Asia, is looking to the US. The Chinese coffee brand, known for its heavy discounts, reported a strong third quarter.
Grande stars as Glinda in the film adaptation of "Wicked."Don Arnold/WireImage via Getty ImagesAriana Grande opened up about her career plan for the next 10 years. While she said she's "always going to do pop stuff," she plans to focus more on her acting career. Navigating a career shift can be intimidating, but asking the right questions can help.