Ant Group, formerly Ant Financial, is the parent company of Alipay, the world’s largest platform for mobile and online payments. Originally launched in 2004, it helped pioneer digital commerce in China and today serves about 1.3 billion users globally, the company says. The firm was spun out of Alibaba in 2011. … [Read more...] about Chinese fintech giant Ant Group sets share price, trading date in record-setting IPO
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The research firm is of the view that profitability improvement lagged peers with strong volume growth but a weak mix. Key positives were the commentary around the festival retails, according to a CNBC-TV18 report. … [Read more...] about Maruti Suzuki shares trade in the red; CLSA retains sell, increases FY21-23 EPS estimates by 5-10%
Studios, which includes franchise hitmakers like Pixar, Marvel, Lucasfilm, 20th Century Studios, and Walt Disney Studios. General Entertainment, which includes Disney’s TV operations, such as 20th Television, ABC News, FX, and National Geographic. Sports, which includes ESPN and other sports-related content. The content groups will be led by Alan F. Horn and Alan Bergman; Peter Rice; and James Pitaro respectively, while the distribution group will be run by Kareem Daniel, formerly president of Disney’s consumer products division. Under the changes, Disney veteran Rebecca Campbell was named as head of direct-to-consumer and will oversee Disney’s streaming services. … [Read more...] about What’s happening at Disney? Major changes underway as company doubles down on streaming
Stan Chudnovsky doesn’t remember when CEO Mark Zuckerberg and other top Facebook executives began talking about treating the company’s portfolio of services more like, well, a portfolio. The current VP for Facebook’s Messenger service simply recalls that the company’s original tendency to keep Facebook, Messenger, Instagram, and WhatsApp pretty much separate started to feel increasingly unwieldy as user numbers for each surged well past the billion mark. Instead of continuing to silo off each app, execs concluded that “we can serve people better if the experiences we are building are a little bit more interconnected,” Chudnovsky says. “That truth [had] been ringing in our ears for a long time. What was never obvious is how would we exactly go about it, and how would we prioritize it.” … [Read more...] about Inside Facebook’s quadruple play: How the company is finally melding its apps
“PM rallies serve two purposes at the same time. They are not targeted at just the seats around the venue only but also beyond. Look at October 28, Modi addressed rallies in Darbhanga, Muzaffarpur and Patna while elections were being held at 71 seats in the first phase,” said DM Diwakar, social scientist and former director of the Patna-based AN Sinha Institute of Social Studies. … [Read more...] about Bihar Election 2020: 12 rallies in 4 days, will PM Modi’s campaign work for NDA this time?