Walmart buys TV maker Vizio for $2.3 billion to expand advertising

Walmart is buying budget TV maker Vizio for $2.3 billion as the retail giant seeks new frontiers for its advertising business, the companies said Tuesday. The nation’s largest retailer said the deal will give its advertising division Walmart Connect new ways to reach customers through in-home media and additional opportunities to boost profits. The acquisition … Read more

Four key takeaways from Walmart’s earnings call

Key learning points After a positive quarterly report, Walmart expects stronger sales in 2024 as the company looks to grow revenue through new lines of business. The company’s acquisition of TV maker Vizio offers Walmart an opportunity to expand its fast-growing advertising segment. The retail giant is working to improve efficiency and expects profitability for … Read more

Ripley’s will give Florida residents a free book while the school district reviews it for a possible ban

Video above: Florida bookstore adds shelf for titles banned by schools TAMPA, Fla. (WFLA) – Ripley’s is giving Florida residents a free copy of the latest “Believe It or Not!” book because a school district in Florida has withdrawn the book — and 1,600 others, including dictionaries and encyclopedias — to review for a possible … Read more

Notorious ransomware provider LockBit taken over by law enforcement

Washington – A ransomware service provider that targeted more than 2,000 systems around the world, including hospitals in the US, with demands for hundreds of millions of dollars, was shut down on Monday and Russian nationals charged as part of an international plot to exploit the malicious software. implement The Ministry of Justice announced this … Read more

Prince William: ‘Too many killed’ in Israel-Gaza war

By Sean Coughlan Royal correspondent February 20, 2024 Updated 2 hours ago Image source, Getty Images Prince William has called for an “end to the fighting as soon as possible”, in a strongly worded intervention in the Israel-Gaza conflict. He has spoken of the “terrible human consequences of the conflict in the Middle East since … Read more

Russian pilot who defected to Ukraine is dead: Ukraine’s Defense Intelligence

Defense Intelligence Service of Ukraine Maxim Kuzminov was offered the chance to stay in Ukraine after his defection, but he decided to go elsewhere, a Ukrainian intelligence source said. CNN — Maxim Kuzminov, a Russian pilot who dramatically defected to Ukraine by flying his helicopter over the border, is dead, according to the Ukrainian Directorate … Read more

Walmart’s CEO says the company is well positioned to grow its advertising business

After Walmart’s earnings report impressed Wall Street on Tuesday, CEO Doug McMillon told CNBC’s Jim Cramer that his company has unique advantages in advertising. “If you expand your digital reach and you have an e-commerce business that scales like ours,” says McMillon, “you get the opportunity to sell ads, and we can connect the dots … Read more