The SK affiliate anticipates that the product will have a competitive advantage in the international market, which requires a consistent and stable supply of vaccines in the upcoming months.
Heineken made the warning after posting revenue growth of 37 percent in its half-year results that placed its growth ahead of the industry in over half of their markets.
While Unilever is keen to embrace these new virtual worlds, it wants to mitigate the risks and concerns around web3 and the metaverse.
The NFL has 16 franchises worth at least $4 billion, way more than the four in the MLB, and three in the National Basketball Association.
This drink stands out for its beautiful purple shade and the ingredient that gives its hue, the rare luxury black grape Nagano Purple.
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Netflix terminates 300 staff as the company continues to underperform
Netflix, an American subscription streaming service and production company, will be reducing its staff through job cuts, and this was revealed this week. It was reported that it would terminate a total of 300 employees after the company was hit with sales declines this year.
Netflix is having a bad year thus, it was forced to remove three percent of its workforce, which is estimated to consist of 11,000 full-time staff. As per CNN Business, the layoffs already started on Thursday, June 23, and it is mostly happening in the United States.
This job cut was announced just two months after Netflix said it lost thousands of subscribers for the first time in more than ten years. The situation created shock waves on the Wall Street, and investors wiped out billions of dollars off the subscription streaming firm's market cap. As a result, Netflix's stock plunged about 70% this year.
At any rate, this is actually the second round of layoffs at the company, as it already removed 150 workers from their job posts just last month. Netflix blamed the diminishing profit growth for its decision.
Currently, Netflix is working double-time to turn the tide around and get its business back on track. It has 221.6 million subscribers, and it is devising a plan to get more households to sign up.
One of its strategies to do this is to launch lower-priced subscription packages. Netflix is also trying to curb password sharing among subscribers to boost revenues once again.
"While we continue to invest significantly in the business, we made these adjustments so that our costs are growing in line with our slower revenue growth," the firm's spokesman told CNN Business in a statement on Thursday. "We are so grateful for everything they have done for Netflix and are working hard to support them through this difficult transition."
Finally, Fox Business reported that based on the memo that was seen by the media, the job cuts would affect around 216 staff in the U.S. and Canada, 53 employees in Europe, the Middle East, and Africa, and 30 staff in the Asia-Pacific, and 17 in Latin America.