In 3Q17, Facebook (FB) spent roughly $2.1 billion on product development, compared with a little over $1.9 billion in 2Q17 and ~$1.5 billion in 3Q16. The company’s innovation budget has been swelling steadily in recent years, with product development spending rising from $1.4 billion in 2013 to $5.9 billion in 2016. What are the results of Facebook’s active focus on innovation?
Sir Richard Branson feels "fortunate to have survived" his adventures. The 73-year-old billionaire businessman has taken on numerous challenges over the course of his lifetime which have included sailing across the Atlantic - with his first attempt ending with the boat capsizing - and crossing the Pacific in a balloon as well as going into space in a Virgin Galactic craft and he has now admitted he feels lucky to be alive after all his exploits. He said: "I've had the most extraordinary life and
PITTSBURGH, April 26, 2024--PPG (NYSE:PPG) today announced that it has again earned a gold rating in corporate social responsibility from EcoVadis, a leading third-party sustainability ratings platform. PPG ranked higher than 93% of the 130,000 evaluated companies.
PHILADELPHIA, April 26, 2024--Gopuff, the leading Instant Commerce company, today launched its largest-ever national brand campaign, titled "Bring The Magic." In a category that delivers on functional needs, the campaign demonstrates Gopuff’s ability to transform everyday moments into magical experiences, be that getting a forgotten ingredient mid-dinner prep, accessing medicine in an instant while home sick, or virtually anything in-between. The 360° campaign is designed to build brand awarenes
As mortgage rates continue to climb, many millennials may find themselves frustrated that the current real estate climate will make it too difficult for them to become homeowners. The silver lining,...
Robert Kiyosaki, the founder of the "Rich Dad, Poor Dad" empire, says that there are six basic words that are key to financial literacy and education: income, expense, asset, liability and cash flow....
You've spent a good portion of your life working and saving for retirement. Once you reach that milestone, you want to feel confident that your nest egg is big enough to cover your needs in your...
SYDNEY, NOVA SCOTIA, April 26, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Yesterday, Thursday, April 25th, marked a significant milestone for Protocase Inc., the leader in North American rapid manufacturing innovation and prototyping, as the company proudly welcomed the Honourable Pierre Poilievre, leader of the Official Opposition of Canada and the Conservative Party of Canada, for an exclusive site tour of its primary manufacturing facility. The visit was part of Poilievre’s ongoing Atlantic
If anything, Mary J. Blige has put in the work. Her career, which spans over three decades, is dotted with platinum albums, swaths of awards and milestones that have continuously cemented her as the Queen of Hip-Hop Soul. For her latest endeavor, the singer returned to her native Yonkers to partner with Pepsi for the …
The comedian, actress and author opens up about the tough time she's had grieving her grandmother's death over the past few years
Chicago, April 26, 2024 (GLOBE NEWSWIRE) -- The global Environment, Health, and Safety Market size is projected to grow from USD 7.9 billion in 2024 to reach USD 11.5 billion by 2029, at a CAGR of 7.6 % during the forecast period 2024 to 2029, according to a new report by MarketsandMarkets™. With the increasing number of connected devices, the opportunities to use such devices effectively to help manage EHS continue to increase. The connected device technology is enhancing EHS management practic
London, UK, April 26, 2024 (GLOBE NEWSWIRE) -- Simpleminers, a leading Bitcoin mining service provider, per a recent announcement, introduces a shared cloud mining business for institutional and low-income investors. This new product dispels the need for potential investors to buy, operate, maintain, and rent sites to kick off mining activities. It allows everyone to invest by merely purchasing a mining contract. Investors do not bear the brunt of mining tools, energy, maintenance, operations, l
NEW YORK, April 26, 2024--KBRA releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the April 2024 servicer reporting period. The delinquency rate among KBRA-rated U.S. commercial mortgage-backed securities (CMBS) in April increased moderately to 4.67%, up 17 basis points (bps) from March. However, the total delinquent and specially serviced loan rate (distress rate) markedly increased 79 bps to 8.29%. The jump in distress rate was largely dr
Renault held talks this week with China's Li Auto and Xiaomi on electric and intelligent vehicle technologies, the French carmaker said on Friday, opening the door to potential collaboration on technology with the two companies. "Our CEO Luca de Meo engaged in pivotal conversations with industry leaders, including our partners Geely and Dongfeng, key suppliers but also the new players like the founders of Li Auto and Xiaomi Technology," Renault's procurement and partnerships chief Francois Provost said in a post on LinkedIn.
Six people were arrested following a protest outside of a site earmarked for asylum seekers.
Sleeve Labels Market Sleeve Labels Market Dublin, April 26, 2024 (GLOBE NEWSWIRE) -- The "Sleeve Labels Market by Type, Printing Technology, Application, End Use, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering. This industry analysis highlights a significant growth trajectory for the global sleeve labels market, with a projected Compound Annual Growth Rate (CAGR) of 4.2% from 2023 to 2032. This growth is attributed to the rising demand for tamper-evident packagi
Second baseman Ozzie Albies was activated Friday by the Atlanta Braves ahead of a weekend series against the Cleveland Guardians, matching the teams with the two best records in the major leagues. Albies returned from the 10-day injured list on schedule after going down with a fractured right big toe. Albies remained in the game, not realizing he was injured until he took off his shoe.
Several London Underground stations are closed due to workers striking while two Tube lines were halted because of a casualty on the track. Transport for London said four stations were closed on the network at 2.50pm on Friday due to the Transport Salaried Staffs' Association action. The union said the action was likely to cause Tube stations to close at the last minute, including into Saturday morning, but Transport for London said there will not be significant disruption.
Exxon Mobil (XOM) and Chevron (CVX) reported their first quarter earnings, with both companies revealing a fall in revenue for the quarter compared to the same period last year. However, both companies beat Wall Street expectations for revenue for the quarter. Chevron claims the revenue drop is partly due to lower margins on refined product sales. Yahoo Finance Reporter Ines Ferre joins The Morning Brief to analyze the latest developments for these companies and what they mean for the stocks moving forward. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.
South Africa's former president hits out at corruption within the governing party.
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