Comcast-backed NBCUniversal is expected to surpass $1.25bn in ad revenue for the 2024 Paris Olympics, setting a new record. Peacock platform, promoted heavily, has significantly boosted ad performance and doubled digital ad revenue compared to Tokyo games.
Microsoft exceeded its revenue forecast with a 15% year-over-year increase but narrowly missed its Azure target, which saw a 29% growth. Despite recent tech outages, Microsoft remains a key player in AI landscape with investments in OpenAI.
Spain's CNMC fined Booking.com €413.24m for abusing its market dominance over five years, imposing unfair commercial conditions on hotels. The investigation began in 2022.
Spain concluded that Booking.com breached antitrust laws by having an unfair advantage over hotels and customers, thus leading to the significant financial penalty.
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