New Revenue Strategy By YouTube Seeks To Increase Revenues For Video Makers

After YouTube faced severe criticisms from bloggers and because of enhanced competition from rival platforms and apps, the social media platform is not adding more methods of making money for video-makers. A large number of video-makers have been complaining with the platform that the changes that have been brought to the advertising policies of YouTube…

Italian MNC Enel acquires 21% stake in Ufinet International for $175 million

The deal will enable Enel to expand its fibre optic operations to market overseas. On Monday, Europe’s biggest utility Enel stated, it has agreed to acquire a 21% stake in Ufinet International, a Latin American fiber company, for $175 million (150 million euros). The deal includes an option to buy the remaining shares from owner…

Streaming Giant Netflix Surpasses Entertainment Behemoth Disney’s Market Value

The prediction of analysts at GBH Insights for Netflix’s share price is $500. This online streaming giant, is taking on all comers in its race toward the top spot in the entertainment industry’s Big Boys Club Bumping up from 400 U.S. dollars previously, surpassing the 490 U.S. dollars that analysts at Goldman Sachs assigned last…

Norway’s Competition Authority fines Telenor of $96.3 million for abusing its dominant market position

Telenor has said it is contemplating an appeal in the case. Incidentally, in 2016, Norway’s Competition Authority had considered imposing a fine of 906 million Norwegian crowns, but later dropped parts of the case. On Thursday, Norway’s Competition Authority stated it had imposed a fine of $96.3 million (788 million crowns) on Telenor, the country’s…

U.S. lawmakers want Google to reconsider its ties with Huawei

The move is part of a larger, strategic bipartisan efforts by U.S. lawmakers to rein in collaboration between U.S. tech companies and their Chinese peers, especially in the field of artificial intelligence and machine learning which have application in the military. In a bipartisan move, Republican and Democratic lawmakers have asked Alphabet Inc’s Google on…