Roku's content partners might have the upper hand at the negotiating table. Roku is well positioned to benefit from the ongoing growth of streaming entertainment.
At one point Cathie Wood was the hottest money manager on Wall Street. Her family of Ark Invest exchange-traded funds (ETF) grew at a blistering pace, at one point doubling the returns for investors.
Roku's financials and business metrics do not fully reflect the business, causing a disconnect that might confuse investors. Most of Roku's advertising seems to be brand vs. programmatic, impacting the growth of its platform business. Walmart's acquisition of Vizio is unlikely to pass regulatory scrutiny, given harm to competitors is easily demonstrable.
Roku disclosed to its customers Friday (April 12) that 591,000 accounts were impacted by two separate cyberattacks. In less than 400 of these cases, hackers logged in and made unauthorized purchases of streaming service subscriptions and Roku hardware products using the payment method stored in these accounts, the company said in a Friday (April 12) blog post.
In some cases, information was used to make unauthorized purchases of streaming service subscriptions and hardware products using the payment method stored in the accounts.
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