Canon is being sued for not enabling consumers to use the scan or fax functions in multi-function devices if the ink runs out on some printer models. Canon is well known for making photography equipment and printers for business and household users. Canon USA is being sued as part of a class action lawsuit by David Leacraft, who claims the business engaged in misleading marketing and unjust enrichment practices.
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Netflix is expected to release its third-quarter numbers after the market closes on Tuesday. The streaming entertainment behemoth is expected to report $7.48 billion in sales and 3.5 million net subscriber additions in the September quarter, according to Wall Street analysts. This would show a 16.22% revenue growth from the same period in 3Q’20. EPS is expected to come in at $2.56, an increase of 61% from $1.59 per share a year earlier. Earnings whispers meanwhile, anticipates EPS coming in at $2.70 per share.
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Facebook Inc. FB 3.26 percent intends to create 10,000 jobs in the European Union over the next five years in order to establish a virtual realm that it regards as a critical component of its future and a major driver of new technology investment.
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