![]() " Vivid Seats Strengthens Position with Excellent Start to 2023."Ĭogent Communications Holdings Inc. " InterDigital Announces Financial Results for First-Quarter 2023." " Lenovo Must Pay $138.7 Mln for InterDigital Patents- London Court." " Dish Stock Drops to 24-Year Low on Concerns About Subscriber Losses." " Vodafone shares drop 7% after record 11,000 jobs cut as CEO says telco ‘must change’."īloomberg. The price of Tencent Music stock nearly doubled in November 2022 after the company reported an almost 40% increase in net profit alongside an 18% increase in music subscription revenue.ĬNBC. The company offers online music, karaoke, live-streaming, and online concert services through its apps QQ Music, Kugou Music, Kuwo Music, and WeSing. Tencent Music Entertainment Group: Tencent Music is the music business subsidiary of Chinese conglomerate Tencent Holdings ( TCEHY).Netflix subscriptions jumped in May after the company began limiting password sharing in the U.S. Netflix shares have recovered in the last year after plunging in late 2021 and early 2022 amid subscriber losses. Netflix Inc.: Netflix is a subscription video streaming service company that also develops and produces a variety of TV shows, movies, and related content. ![]() ![]() Opera recently added ChatGPT and free VPN functionality to its browsers. It designs and builds web browsers for mobile phones and PCs. Opera Ltd.: Opera is a Norwegian web application developer.Also in the first quarter, the company completed its acquisition of Sprint Communications' wireline business. Earnings were also boosted by an additional $3 million in interest income. Cogent's first-quarter net income increased fivefold from the prior year when the company recorded a $21 million loss on interest rate swap agreements. Cogent Communications Holdings Inc.: Cogent Communications is an internet service provider operating a global fiber optic network.The company posted significant profit growth for the first quarter of 2023, which it attributed to both robust event supply and strong customer demand. It facilitates the secondary sale of tickets for sports, music, and theater events. Vivid Seats Inc.: Vivid Seats provides an online ticket exchange and retail marketplace.The company's revenue doubled in the first quarter after a judgment that Chinese tech firm Lenovo must pay InterDigital $139 million related to its use of patented technology. InterDigital Inc.: InterDigital is a maker of digital wireless products, providing technology and infrastructure to consumers, companies, and licensees worldwide.
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