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