Netflix is an American subscription streaming service that offers a wide variety of TV shows, movies, anime, documentaries, and more. The company was founded in 1997 by Reed Hastings and Marc Randolph, and it has since become one of the most popular streaming services in the world. According to recent reports, Netflix added over 5…
Elon Musk’s Twitter Revenue Takes a Hit
Elon Musk’s Twitter revenue has taken a significant hit since he acquired the company in October 2022. In a recent tweet, Musk revealed that Twitter’s ad revenue is down 50%, and that the company is still cash flow negative. The decline in Twitter’s ad revenue began in the months leading up to Musk’s acquisition of…
Microsoft’s $69 Billion Activision Blizzard Deal
Activision Blizzard Inc is an American video game holding company that was founded in July 2008, following a merger between Activision Inc and Vivendi Games. In the company’s game portfolio is the iconic Call of Duty franchise, known for its action-packed first-person shooter games. Alongside Call of Duty, Activision Blizzard’s roster includes others, such as…
Wipro: Investing $1B in AI Advancement
Wipro, a multinational corporation founded on 29th December 1945 in Amalner, India, has evolved into a global contender in information technology, consultancy, and business process services. With a presence in 167 countries, the company offers a wide range of tech solutions that cater to the ever-changing needs of businesses worldwide. According to CNN, Wipro announced…
Threads: 100 Million Sign Ups in 5 Days
In less than one week after the launch of Instagram’s Threads, the twitter-like platform has acquired over 100 million sign ups, which is a good signal towards the adoption of the product. According to Mark Zuckerberg, who posted the update on his thread feed, this milestone has exceeded the company’s expectations. The social media platform…
Sphere: $2.3 Billion Event Center in Las Vegas
Las Vegas is widely recognized as the entertainment capital of the world and continues to captivate visitors from around the globe with its unique blend of glamour, excitement, and towering casino resorts. Located in the heart of the Nevada desert, it is the most populous city in Nevada and a leading international resort destination. Boasting…
Threads: 2 Million Sign Ups in 2 Hours
Meta Platforms Inc formerly named Facebook, has launched their direct twitter competitor, Threads. Within its first 2 hours of launch, the social media application has crossed 2 million sign ups, as written by its founder Mark Zuckerberg. At this time, users are only able to access the platform through the application on mobile devices and with the…
Incognito Blog: 6 Months Later
Incognito Blog Limited (IBL) is a private technology company registered with the General Corporate Affairs Commission. Its flagship product was conceptualized in January 2023, a current affairs media channel, Incognito Blog. The Corporate Affairs Commission (CAC) is the body in charge of regulating and managing companies operating in Nigeria. Established in 1990 under the Companies…
Aston Martin and Lucid Motors to Make EV’s
Aston Martin Lagonda Global Holdings PLC is a British sports car manufacturer, founded in 1913. With its headquarters located on a 55-acre site in Warwickshire, England, Aston Martin has become synonymous with elegance, and luxury. Today, the company boasts of a global presence, with a network of over 160 car dealerships across 50+ countries. According…
Zuru: 7.5 Million Baby Shark Toys Recalled
Zuru is a toy company headquartered in China (Founders are from New Zealand), and the producers of the baby shark branded toys that sing and swim when placed in bath water with children. The reports from the U.S. Consumer Product Safety Commission mentions injuries to 12 children, which has triggered a recall of 6.5 million…