YouTube is celebrating the 20th anniversary of its inception as a platform for homemade videos. Now a major player in the television industry, YouTube accounts for 12% of US TV viewing, surpassing other streaming platforms like Netflix. The platform's development over the years has substantially influenced how we consume media and has become a vital part of global entertainment culture.
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Roku has introduced the Streaming Stick and Streaming Stick Plus, highlighting their 35% smaller size compared to competitors. The company promises no sacrifice in performance despite the compact design, with the Streaming Stick Plus offering features like 4K and HDR streaming.
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Verizon said it remained on track to meet its 2025 guidance, despite losing 289,000 postpaid mobile subscribers in the first quarter, while beating analysts' profit estimates and growing revenues by 1.5% year-over-year. The telecom added 339,000 broadband subscribers and shed 58,000 residential Fios TV customers, but churn improved from a year ago.
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The impact of tariffs on the video game industry is expected to be minimal for digital games, as they do not incur additional costs related to materials and shipping, writes Annabelle Choi. However, the broader economic pressure from tariffs on everyday items may influence consumer spending patterns, potentially reducing demand for premium video games.
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President Donald Trump convened a meeting with the CEOs of Walmart, Target and Home Depot at the White House Monday to discuss the state of the consumer, proposed tariff impacts and the health of the retail sector. The meeting, which was not publicly scheduled, was described as productive by the participating companies as well as administration officials.
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