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In the run-up to Snap’s second quarter earnings due Aug. 7, several Wall Street analysts have lowered their estimates for what the company has already warned will be a weak quarter. The after-effects of Snap’s troubled app redesign earlier this year hurt user growth, which is expected to be weak in the three months ended June 30.
But there is one bright spot in Snap’s business ...
The transition of TV viewers from traditional cable to streaming alternatives is underway. But media mergers could raise costs for the new services, making it tougher for them to turn a profit.
As hundreds of thousands of people continue to drop cable and satellite TV every quarter, some are signing up for cheaper streaming versions introduced in the past few years. Google’s YouTube TV ...
Walmart is considering launching a subscription streaming video service to compete with Netflix and Amazon Prime Video, people familiar with the situation told The Information. Such a move could be enormously costly for the retailer but would demonstrate its determination to compete on multiple fronts with Amazon in particular.
The Bentonville, Ark.-based retailer sees an opportunity to ...
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