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Shares of iHeartMedia jumped 22% on Tuesday to their highest level in more than two years after a Bloomberg report revealed that Netflix is in talks to license video podcasts from the U.S. radio and podcasting giant. The rally marks iHeart’s best trading day in months, signaling renewed investor optimism about the company’s growth prospects. […]
An Indian appeals tribunal has overturned a five-year ban preventing WhatsApp from sharing user data with other Meta-owned entities but upheld a $25.4 million fine, delivering a mixed verdict for the U.S. tech giant. The National Company Law Appellate Tribunal (NCLAT) ruled on Tuesday that the Competition Commission of India’s (CCI) 2024 order lacked sufficient […]
Uber’s shares fell 8% on Tuesday after the company reported weaker-than-expected operating profit and issued a cautious outlook for the upcoming holiday quarter. The setback overshadowed otherwise strong growth in both its rides and delivery businesses, which continue to benefit from rising demand and its Uber One membership program. The ride-hailing giant posted an operating […]