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Walmart to acquire smart TV maker Vizio for $2.3 billion in bid to boost its advertising business
Read full article: Walmart to acquire smart TV maker Vizio for $2.3 billion in bid to boost its advertising businessWalmart is buying the smart TV maker Vizio for $2.3 billion as it attempts to expand its rapidly growing advertising business to compete with Amazon.
Stock market today: Asian shares fall, tracking a decline on Wall St on fears rates may stay high
Read full article: Stock market today: Asian shares fall, tracking a decline on Wall St on fears rates may stay highShares are lower in Asia after a decline on Wall Street, where strong economic data revived worries that the Federal Reserve might keep interest rates high for longer than hoped.
Roku has lost 40% of its value as competition heats up
Read full article: Roku has lost 40% of its value as competition heats upCompetition from much bigger companies is coming to the streaming market, and investors are bailing out of Roku's stock. Roku stock was up 1% on Monday. The stock has now lost a third of its value since Apple unveiled its streaming service, Apple TV+, would cost only $4.99 a month. Roku's stock is about 40% below its all-time high on September 9. Yet Roku's stock is still up a whopping 250% this year.