Author: super@dmin

Shares of Universal Music Group NV–the music major behind The Weeknd, Billie Eilish and Taylor Swift–jumped Tuesday after Apple Inc. raised the price of its Apple Music streaming service, a move that is expected to bring in additional revenue for the world’s largest music company.

TikTok is targeting ads toward users based on purchases they haven’t even made yet, according to the ByteDance Inc. social network’s pitches to potential advertisers.

The e-commerce company said it has had a positive start to the fourth quarter, with momentum expected to accelerate as the group enters the peak period for its business.

The French cognac maker said sales for the July-to-September period rose to 457.2 million euros ($451.5 million) from EUR352.2 million a year earlier.

The Swiss bank reported a net profit of $1.73 billion in the three months to the end of September, down from $2.28 billion in the same period last year. Revenue was $8.24 billion compared with $8.92 billion in the third quarter of 2021.

Reporting on a non-IFRS basis, the Walldorf, Germany-based company SAP XE:SAP said Tuesday that revenue jumped to 7.84 billion euros ($7.74 billion) from EUR6.85 billion,

The Swiss pharma major reported third-quarter net profit of $1.58 billion, on sales which declined to $12.54 billion.

The Asia-focused lender on Tuesday posted $1.91 billion net profit for the three months to Sept. 30, down from $3.54 billion in the year-earlier period.

‘Could this make me responsible for her debt? Would it be better for her just to declare bankruptcy, or try to negotiate the debts herself?’

Telehealth startup Cerebral Inc. told staffers it is cutting jobs and restructuring its operations in moves that will affect about 20% of its employees, shrinking the company to match patient demand and lower growth targets.