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Quebecor Restricts Manitoba Growth Strategy, Cites CRTC Ruling as Reason [Update]
tech

Quebecor Restricts Manitoba Growth Strategy, Cites CRTC Ruling as Reason [Update]

April 23, 2024

In a recent development that has rippled through the Canadian telecommunications sector, Quebecor has made the decision to scale back its once ambitious plans for expansion in Manitoba, pointing directly to a regulatory decision by the Canadian Radio-television and Telecommunications Commission (CRTC) as the root cause. The telecommunications giant has publicized its discontent following the …

Walmart to Acquire TV Manufacturer Vizio for $2. 3 Billion to Boost Its Advertising Business
tech

Walmart to Acquire TV Manufacturer Vizio for $2. 3 Billion to Boost Its Advertising Business

February 20, 2024

In a significant expansion of its advertising business and a strategic step into the entertainment and electronics market, Walmart has announced a $2. 3 billion acquisition of the mid-range TV manufacturer Vizio. This move, revealed in the company’s latest earnings report, aims to harness Vizio’s growing and profitable advertising business through its Smart Cast OS platform, which …