Page 2 - Cyclical Consumer Services News Today

SHARE Air Canada shares fell sharply on Tuesday on fears that its market value would be diluted after the Canadian government took a discounted equity stake in the flagship carrier as part of a deal for C$5.9 billion ($4.7 billion) in aid. But analysts and investors said Air Canadas decision to accept the bigger-than-expected aid package, which was announced on Monday, was the right decision for Canadas largest carrier to ride out the crippling downturn in air travel caused by the coronavirus p...

SHARE Fast & Furious star Dwayne Johnson said on Monday that he would run for US President if he felt he had enough support from Americans. Johnson, 48, one of the highest-paid and most popular actors in the US, has been flirting with a possible White House bid for several years. "I do have that goal to unite our country and I also feel that if this is what the people want, then I will do that,” Johnson said when asked about his presidential ambitions in an interview broadcast on the Today s...

"Apple tends to cater to the higher end of the (US) market; so it might grab a small portion of LGs sales," Gartner analyst Tuong Nguyen said. "Its more likely that Samsung inherits a lot of it because both vendors compete across similar markets." Globally, LGs market share shrank to 2 per cent in 2020, a massive drop from its status as the worlds third-largest smartphone maker behind Samsung Electronics and Apple during its peak in 2013. The company shipped 23 million phones last year, compare...

A number of companies say it disenfranchises some voters. Some, such as Delta Air Lines and Coca-Cola, are based in Georgia, where state lawmakers have the power to raise state taxes. Delta chief executive Ed Bastian said in a public memo that his decision to speak out was informed by discussions with leaders and employees in the Black community. The companies criticising the law so far represent a sliver of the US business landscape. Yet they are part of a growing group of companies shedding t...

SHARE Hollywood superstar Robert Downey Jr and former New York Mayor Rudy Giuliani landed on the list of nominees this weekend for the 2021 Razzie Awards, an annual shaming of what voters consider the years worst films and performances. Downey Jr was in the running for worst actor for playing the title role in Dolittle, a movie remake about a doctor who can talk to animals. Dolittle, released by Comcast Corps Universal Pictures, tied for the most Razzie nominations with six overall, including ...

The buyer will get an autographed digital certificate, signed using cryptography

The full list of nominees for this years Bafta awards will be announced next week. Last years awards, Britain’s top film honours, drew criticism over the lack of diversity in the acting categories, leading to a review by the academy and changes to its membership, voting and campaigning procedures. The measures include recruiting 1,000 new members from under-represented groups to join the current 6,700-strong voting academy of film industry professionals. "Weve made a number of changes to ensu...

SHARE Australians woke to empty news feeds on their Facebook pages on Thursday after the social media platform blocked all media content in a surprise and dramatic escalation of a dispute with the government over paying for content. The move was swiftly criticised by news producers, politicians and human rights advocates, particularly when it became clear that official health pages, emergency safety warnings and welfare networks had all been scrubbed from the site, along with news. "Facebook w...

Epic Games founder and chief executive Tim Sweeney said Apples control of its platform had tilted the level playing field. "The 30 per cent they charge as their app tax, they can make it 50 per cent or 90 per cent or 100 per cent. Under their theory of how these markets are structured, they have every right to do that," he told reporters. "Epic is not asking any court or regulator to change this 30 per cent to some other number, only to restore competition on IOS," he said, referring to Apples ...

SHARE News Corporation struck a global news deal with Alphabets Google, the Rupert Murdoch-controlled media company said on Wednesday, in one of the most extensive deals of its kind with big tech. The companies will develop a subscription platform, share advertising revenue through Googles ad technology services, build out audio journalism and develop video journalism by YouTube. The deal comes after years of public feuding between Murdoch and Google, most recently in Australia, where Google ha...