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Internationalexpansion

All articles tagged with #internationalexpansion

technology1 year ago•5 min saved

Oura CEO Challenges Apple's Smart Ring Ambitions Amid New Features

Oura, a pioneer in the smart ring market, is planning an international expansion and exploring new features, including nutrition tracking and AI integration. CEO Tom Hale emphasized Oura's focus on health and science, distinguishing it from competitors like Samsung. The company is also seeking FDA approval for diagnostic use and is testing a new AI product, Oura Advisor. Despite competition, Oura's business has strengthened, with nearly 2 million subscribers to its $5.99 monthly service. Oura is also considering new hardware products beyond its current smart rings.

via CNBC|

#ai #healthtech #internationalexpansion

business1 year ago•4 min saved

Warner Bros. Discovery Hits 110M Streaming Subs, Boosting Stock Despite Box Office Slump

Warner Bros. Discovery reported a significant increase in streaming subscribers, reaching 110.5 million, driven by its international expansion of the Max service. However, the company's Q3 2024 revenues fell by 3% to $9.62 billion, with a notable decline in box office earnings due to the absence of a major hit like 'Barbie.' Despite the growth in direct-to-consumer subscribers, overall financial performance was impacted by acquisition-related costs and restructuring expenses. The company also faces challenges with the loss of NBA rights and a recent movie flop.

via Deadline|

#boxoffice #business #financialresults