How Mobile Games Rake In Billions

Related Link: 

Behind a pair of recent multibillion-dollar deals in the mobile videogame industry is an expertly crafted weapon: virtual goods sold inside apps for as little as 99 cents a pop. In-app purchases let players spend real money to bypass ads, acquire skills or grow powerful quickly.

At VW, Hefty Scandal-Related Charges Drag Down Profit

Related Link: 

The German auto maker’s operating profit surged nearly 20%, but that was halved by charges, largely related to the company’s emissions-cheating scandal.

Hershey Posts Revenue Gain as It Swings to Profit

Related Link: 

Hershey said its U.S. candy sales will be lower than expected this year, as the chocolate giant beefs up its cost-cutting efforts after rejecting a buyout offer from Mondelez International.

Apple's Hard-Charging Tactics Backfire in TV

Related Link: 

Some of the tactics used by Apple to achieve success have hurt its efforts to revolutionize the TV-watching experience. In search of its new big thing, the company has alienated cable providers and networks with an assertive negotiating style.

Brazil Freezes Facebook Funds in Latest Clash Over WhatsApp Messages

Related Link: 

Brazilian federal prosecutors have froze about $11.6 million of Facebook funds in the latest dispute over access to WhatsApp messages.

Baidu's Stumbles Raise Doubts About Its Future

Related Link: 

The Chinese internet company is expected to report lower revenue and profit amid concerns that it hasn’t done enough to broaden its business.

Android Handset Makers' Advance Squeezes Apple

Related Link: 

Earnings reports from the world’s top smartphone makers this week highlight how fortunes are diverging in the mobile-phone market as competition intensifies.

BHP Billiton to Take $1 Billion Profit Hit From Brazil Dam Charges

Related Link: 

BHP Billiton said it would record a provision of over $1 billion relating to last year’s deadly dam failure at a Brazilian iron-ore mining operation.

Ford's Profit Declines 9% on Lower China Sales

Related Link: 

Ford’s net profit fell 9% in the second quarter and the car maker tempered its outlook amid a modest decline in the core North American performance and weaker China sales.

At Comic-Con, Indie Publishers Tout Their Stock

Related Link: 

Each year at Comic-Con International, Hollywood executives sift through comics for sale to find stories that could be adapted into the next blockbuster movie or binge-worthy television show.

Syndicate content