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Disney beats quarterly revenue estimates, turns streaming profit
Disney beats quarterly revenue estimates, turns streaming profit
Technology
by  AFP

Disney reported Wednesday better revenues than anticipated in the most recent quarter, atop a first profit in its streaming business, while its theme parks came under pressure. Looking ahead, Disney said it is still "on track for the profitability of our combined streaming businesses to improve" in the fourth quarter.

Expect more product placement at Olympics, says IOC
Expect more product placement at Olympics, says IOC
Economy
by  AFP

The Olympics is set to feature more and more high-profile product placement in a major departure from the past when brands were kept away from the sport, the International Olympic Committee (IOC) said Wednesday. But no advertising has been allowed on sports fields or at venues, depriving the Switzerland-based IOC of extra revenue.