Netflix's Password Sharing Crackdown Backfires With Slow Subscriber Growth in Q2

Netflix's Password Sharing Crackdown Backfires With Slow Subscriber Growth in Q2

Netflix reported its slowest subscriber growth in five quarters, adding only 4.82 million new subscribers from April to June, down from 9.3 million in the previous quarter, largely due to a crackdown on password sharing.


Elon Musk to Move X, SpaceX HQs From California to Texas After Newsom Passes Trans Rights Law

Elon Musk made his intention to move the headquarters of his companies SpaceX and X, formerly Twitter, from California to Texas after California Governor Gavin Newsom signed a transgender rights law.

Charles III Reads Labour's Economic Plans in UK's State Opening of Parliament

Following the landslide victory of the Labour Party in the United Kingdom’s general election earlier this month, British Prime Minister Sir Keir Starmer laid out the government’s plans to reinvigorate the country’s economy in this year’s State Opening of Parliament.

Bank of America Shares 4% Rise in Q2 After Announcing Net Interest Income Rebound Imminent

Bank of America recently announced that its second-quarter revenue and profit from investment banking and asset management fees exceeded Wall Street expectations.


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NBA Star LeBron James Partners with Canyon to Inspire New Generation of Cyclists
Canyon Bicycles announced its collaboration with NBA star LeBron James and several other riders to promote its line of bicycles and inspire the next generation of cyclists regardless of terrain and preferences.
Poland Inches Into War Footing as it Allots 5% of 2025 GDP on Defense
Polish Foreign Minister Radoslaw Sikorski announced that it was planning to spend 5% of its gross domestic product on defense by 2025.
Business Executives Divided Over Trump Picking JD Vance as VP Running Mate
Republican Party presidential candidate Donald Trump announced on the first day of the Republican National Convention Monday (July 15) that he has chosen first-term Ohio senator JD Vance as his vice-presidential running mate, triggering reactions from business executives across multiple sectors.
Chinese EV Makers to Dominate 70% of Market by 2030 Despite EU and US Tariffs
Foreign carmakers in China face increasing challenges in the EV market. Chinese EV makers are expected to occupy 70% of the EV market by 2030 while facing increasing EU and US tariffs.
Macy’s Ends Buyout Deal with Arkhouse, Brigade After Talks Deteriorate
The board of the department store Macy’s unanimously decided to terminate its negotiations with Arkhouse Management and Brigade Capital regarding the group’s proposal to acquire the retailer.
Assorted Color Kittens
The global pet care industry is ever-evolving, necessitating innovative and safe solutions for managing animal health. Toltramax, a pioneering brand of toltrazuril, is set to transform how veterinarians manage parasitic infections in non-food chain animals such as dogs, cats, and horses. Recognized as the safest solution on the market, Toltramax is making significant strides in improving companion animal health, productivity, and overall well-being.
Amazon Prime Day 2024 Projects $14 Billion Profit, Data Analytics Say
With Amazon’s Prime Day merely hours away, Adobe Analytics data is expecting that the retailer would receive a $14 billion paycheck.
UK's Electoral Commission Reveals Labour's Nearly Fivefold Donation Increase After Election Win
The UK’s Electoral Commission revealed that the Labour Party, which won a landslide victory in this month’s general election, received almost five times as much campaign donation money as the Conservative Party.
Fruit Ninja Makes Slashing Debut on Nex Playground
The motion-based gaming console Nex Playground announced that the famous Halfbrick game Fruit Ninja is coming to the platform.
Huawei Opens $1.4 Billion R&D Campus in Shanghai to Attract Foreign Talent
Huawei completes its $1.4 billion R&D center in Shanghai's Qingpu district to attract 30,000 foreign R&D talents and focus on semiconductor, wireless, and IoT technologies.
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