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Alphabet shares fall 8% as cloud growth concerns and AI spending rattle investors

Alphabet shares fell 8% on Wednesday as investors balked at the Google parent's slowing cloud growth and planned $75 billion capital spending for the...

Netflix hikes content budget to $18 billion for fiscal 2025

Global streaming giant Netflix plans to increase its cash content spend to an estimated $18 billion in 2025, up from $17 billion in the...

TV channels raise tariffs despite shrinking base as costs bite

Mumbai: TV broadcasters are implementing inflation-linked increases in TV channel bouquet rates to offset rising content costs and a subdued advertising environment. However, concerns...

Indian entertainment industry to grow at 8.3% CAGR to reach Rs 3,65,000 crore by 2028: PwC

The Indian Entertainment and Media (E&M) industry is projected to outpace global growth, achieving a compound annual growth rate (CAGR) of 8.3% to reach...

Crypto’s $135 million campaign undefeated in 48 races so far

The cryptocurrency industry spent about $135 million in the 2024 election cycle to back more than 50 candidates, including Democrats and Republicans, incumbents and...

Zee Media Corp Q2 Results: Net loss widens to 49.86 crore, revenue down 13%

Private news broadcaster Zee Media on Friday said its consolidated net loss widened to Rs 49.86 crore for the second quarter ended September 2024....

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