If you want your Disney+ account without ads, you’ll be paying an additional $3 per month. Disney has announced that its Disney+ streaming service will introduce a new ad-supported tier of its streaming service later in 2022 while hiking the price of the current ad-free plans, including bundles with Hulu and ESPN+. The new pricing […]
Category: Finance
While it looks like the $52 billion CHIPS Act will go far, it looks like Intel might take the largest chunk of the government subsidies while processor manufacturer TSMC’s share won’t go as far. TSMC has previously said that the subsidy for American chip manufacturing was “vital” to its Arizona plant, which has been expected to […]
Apple posts $83 billion in revenues, $19.4 billion profit for 3Q 2022
Apple on Thursday announced the financial results for its third fiscal quarter of 2022. For the quarter, Apple posted revenue of $83 billion and quarterly profit of $19.4 billion, compared to revenue of $81.4 billion and net quarterly profit of $21.7 billion, in the year-ago quarter. Gross margin for the quarter stood at 43.3 percent, […]
As is won’t with most credit cards, the Apple Card’s interest rate on overdue balances will rise as the Federal Reserve raises its benchmark overnight interest rate in an attempt to slow inflation in the United States. As of July 1, the Apple Card’s variable APRs now range from 12.49 percent to 23.49 percent based […]
On Thursday, software developer TextExpander announced that they company had received a $41.4 million financing round as well as the addition of SaaS industry leader J.D. Mullin as the company’s new CEO. The financing is led by global growth equity investor Summit Partners and will support continued investment in R&D, hiring and customer acquisition. The company develops […]