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  • Viaplay's organic sales growth slows in Q1 amid account sharing challenges

    Viaplay Q1 2024: Swedish video streaming giant Viaplay posted 5.6 per cent growth in organic sales in the first quarter of 2024, marking a decline from the 27.3 per cent growth seen in the same period last year. This slowdown comes as the company directs its efforts towards operational enhancements following a comprehensive recapitalisation initiative.Last year, Viaplay underwent major restructuring, including the replacement of its CEO and a reduction of its workforce by 30 per cent. In...

  • Slow and steady global growth

    The International Monetary Fund reported today that the global economy has shown “remarkable resilience” and that growth is expected to hold steady at 3.2% this year. But that’s low by historical standards. Plus, why there’s weaker demand for Treasurys, how restaurant chains scout locations and why Warner Bros. is shelving “Coyote vs. Acme.” Beep beep!

  • ZTE books growth but operator investment slows

    Chinese vendor ZTE booked modest profit and revenue gains in the opening quarter of 2024, highlighting a shift beyond its core telecoms business as domestic operators encounter pressure from a downbeat investment environment.