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Today’s Top News

Walmart Q2 Results Better Than Feared But 2nd Half Outlook Cautious

After resetting Q2 financial guidance three weeks ago (see 2207260009) due to price cuts it had to take on bloated electronics and apparel inventory, Walmart finished the fiscal Q3 quarter ended July 31 “stronger than we had anticipated,” said CEO…Subscribe to Read >>

FAST Video Offerings are On the Rise, Panelists Say

Consumers and advertisers are increasingly gravitating toward free ad-supported streaming television (FAST), from linear and on demand viewing, said panelists Tuesday at the Stream TV virtual advertising summit. FAST channels such as Amazon’s Freevee and Paramount’s Pluto are free, easy…Subscribe to Read >>

WiSA Losses Widen; Plans Q4 Launch of DS Technology

WiSA’s Q2 revenue fell 40% to $946,000, from $1.6 million in the year-ago quarter, said Chief Financial Officer George Oliva on a Monday earnings call. Its net loss was $4.1 million vs. $3.4 million in Q2 2021, said an SEC…Subscribe to Read >>

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Today’s Featured Article

Tech's Repair Arguments to Hochul Were Debunked in 2021 FTC Report

The recent arguments of 15 tech groups that self-repair or independent servicing of smartphones, laptops and other electronic devices would expose consumers to risk of injury, force public disclosure of manufacturer trade secrets or weaken safeguards against consumer data and…Read More >>

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