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Rising iPhone sales help Apple beat forecasts
Rising iPhone sales help Apple beat forecasts
by  AFP

Apple on Thursday said iPhone sales and money made from services powered quarterly earnings that beat forecasts, despite inflation pressure and the slowing global economy. Even though iPhones have been the heart of Apple's money-making machine, the company has made a priority of bringing in more revenue from content and services sold to users of its devices.

PacWest latest target as US regional bank shares dive again
PacWest latest target as US regional bank shares dive again
by  AFP

Shares of PacWest Bancorp were in free fall Thursday after the bank's attempt to reassure investors fell flat amid another pummeling of US regional bank stocks. Shares of First Horizon plunged 36 percent, while TD shares were flat. tu-jmb/des

BuzzFeed, Vice woes signal crisis in digital-only media
BuzzFeed, Vice woes signal crisis in digital-only media
by  AFP

With the closure of BuzzFeed News and bankruptcy looming at Vice, the once promising world of free digital media finds itself at a crossroads, seeing ad revenues dry up at the same time as disappointed investors begin walking away.

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