Marina Bay Sands reports record Q2 2023 Revenue, outpacing pre-pandemic levels
Singapore’s iconic resort, Marina Bay Sands, achieves record-breaking Q2 2023 revenue, significantly surpassing pre-Covid-19 figures. Amid the ongoing global recovery, the integrated resort experiences robust growth in all segments, positioning itself for strong future growth.
Markets mostly rise on rate hopes but China fears weigh
Markets rose as global interest rate hikes subdued inflation, allowing central banks to adopt a softer monetary policy. Investors hoped for Beijing’s support amid weak data, while Wall Street’s strong earnings were tempered by Netflix and Tesla reports. Cautious optimism persisted, given the receding risk of recession but lingering concerns over China’s economy.
MacPaw’s new cybersecurity division, Moonlock, bolsters CleanMyMac X’s anti-malware capabilities
Ukraine-based software powerhouse, MacPaw announces the launch of Moonlock, a dedicated cybersecurity division. The first innovation from Moonlock is the Moonlock Engine, significantly enhancing the malware removal capabilities in MacPaw’s flagship product, CleanMyMac X, bridging the gap in Mac users’ cybersecurity knowledge and protection needs.
Netflix adds 6 mn subscribers after password crackdown
Netflix gained nearly 6 million subscribers after cracking down on password sharing, totaling 238 million subscribers and US$1.5 billion profit.
As a writers and actors strike hits the industry, Netflix is better positioned to weather the storm. However, revenue was lower than expected, leading to an 8% drop in shares.
Thai reformist Pita’s PM bid crashes on establishment opposition
Thai reformist leader Pita Limjaroenrat’s bid for prime minister was blocked by the military and pro-royalist establishment.
Despite his party’s popularity, Pita faced disqualification due to media company shares, leaving a path open for a potential compromise candidate. The situation could trigger civil unrest in Thailand.
