Last year the price of bitcoin plunged 64%. The price was down 19% from Nov. 1 through the end of the year. That action followed CoinDesk’s Nov. 2 report about the “unusually close” relationship between FTX and Alameda Research. Both companies were co-founded by Sam Bankman-Fried and FTX filed for bankruptcy on Nov. 11. But…
Silicon Valley founders could learn a lot from the orderly, drama-free succession planning at Netflix Inc. that reached a conclusion Thursday. Co-founder Reed Hastings stepped down as co-chief executive Thursday, roughly 25 years after he and co-founder Marc Randolph hatched the idea that ultimately became Netflix NFLX, -3.23% in the dot-com era. They started out…
The pay ranges being disclosed by companies because of new laws appear to be potentially helpful despite early reports of ranges that are too wide to mean much to job seekers, according to a new report. New transparency laws requiring companies to include pay ranges in job listings took effect this year in California and…
Here’s something you won’t often hear from this column: There’s not much worth streaming in January. While there are a handful of intriguing premieres (“The Last of Us” on HBO Max, “Poker Face” on Peacock, “Shrinking” on Apple TV+), there’s frankly nothing that screams “must-see.” Blame that on a seasonal scheduling lull and the end…
Has “Peak TV” jumped the proverbial shark? The cancellation and deplatforming of Warner Bros. Discovery Inc.’s WBD, +2.10% “Westworld” — which had run for four years — “The Nevers” and “Minx” is another signal that the golden age of what many in the entertainment industry call Peak TV has, well, peaked. The glut of content…
Prince Harry and Meghan Markle are a royal hit with audiences. The new “Harry & Meghan” Netflix NFLX series, which traces the story of the couple and their complicated relationship with the paparazzi and the British royal family, had the biggest debut of any documentary program on the streaming platform, according to Netflix officials. Netflix…
Five of the biggest movies of the year for less than $35 in total — sounds like a pretty good deal, right? That’s one way to look at December’s streaming options, as subscribing to three services can get you four likely Oscar contenders (Netflix’s “Glass Onion,” “White Noise” and “Pinocchio,” and Apple’s “Emancipation”) as well…
Reed Hastings admitted Wednesday that Netflix Inc. should have launched an ad-supported tier years ago. During an interview at the New York Times’ Dealbook conference, the Netflix co-founder and co-chief executive said that for years, he thought of advertising all wrong. ““I didn’t believe in the ad-supported tactic for us. I was wrong about that.””…
Netflix’s stocking is stuffed to overflowing in December, including a crop of Oscar-contending movies and the return of some fan-favorite series. Following a weeklong “sneak preview” theatrical release in November, “Glass Onion: A Knives Out Mystery” will start streaming on Netflix NFLX, +0.58% on Dec. 23. The sequel to writer/director Rian Johnson’s surprise 2019 hit…
So here’s some bad news and some, well, slightly less bad news. First, the bad-bad: Streaming prices are increasing almost across the board (Hulu and Apple TV+ rose in October, Disney+ will rise in December, while Netflix and Prime Video rose earlier this year), putting even more of a crunch on budget-conscious consumers. But now…
This has been a brutal year for Big Tech, as you can see in the chart below, with Meta Platforms META, +1.29% leading the way. Shares of the Facebook holding company plunged 26% on Oct. 27, bringing the 2022 decline to 71%. Many of the largest technology companies have fared worse than the S&P 500…
Netflix has a bounty of new arrivals coming in November, including a new season of “The Crown,” an “Addams Family” spinoff and a new suspense series from the makers of “Dark.” One of Netflix’s NFLX, +2.61% most popular and critically praised hits, “The Crown” (Nov. 9), returns for its fifth season, set this time in…
Amid all of 2022’s wild volatility, there’s one thing that investors can still count on: the strong U.S. dollar. The ICE U.S. Dollar Index DXY, -0.89%, which measures the U.S. currency’s strength against a basket of six other currencies, is up 20.6% in the past 12 months, with the greenback thrashing major counterparts like the…
Netflix Inc. added more than 2 million subscribers in the third quarter after stumbling into 2022 with two consecutive quarterly declines, a rebound that sent shares more than 15% higher in after-hours trading Tuesday. Netflix NFLX, -1.73% reported a net gain of 2.41 million subscribers in the third quarter, while analysts on average were forecasting…
Two stocks that have defined Wall Street’s boom in the past decade — streaming giant Netflix Inc. and electric-vehicle maker Tesla Inc. — will hope to turn around some poor recent trajectories as earnings season kicks into a new gear this week. After swelling prices and results from JPMorgan Chase & Co. JPM, +1.66% and…
U.S. stocks staged a massive turnaround on Thursday, ending a six day losing streak, after erasing an early plunge seen when the September consumer-price index came in higher than economists expected, reinforcing expectations the Federal Reserve will continue with large interest rate increases in coming months. What happened The Dow Jones Industrial Average DJIA, +2.83%…
Netflix has a ton of returning fan-favorite series coming in October, including the long-awaited final season of “Derry Girls,” along with a slew of buzzy original movies and documentaries. After a three-year layoff, the endearing teen comedy “Derry Girls” (Oct. 7) returns for its third and final season, which aired earlier this year in the…
On the surface, it’s easy to see why: This is, after all, the monarch who stood over the United Kingdom for seven decades. To borrow a line from a great American playwright: Attention must be paid. Or not. Count me among those Americans who can’t comprehend our ongoing fascination with the royals. I mean, why…
After a blockbuster summer, Netflix’s release schedule is easing up a bit in September, though it will have new seasons of some fan favorites and at least one potential Oscar-contending original movie. “Cobra Kai” (Sept. 9), the popular “Karate Kid” spinoff, returns its fifth season, with Daniel (Ralph Maccio) and Johnny (William Zabka) joining forces…
It’ll be worth splurging a little — or a lot — on streaming subscriptions in September. From the well-rounded offerings of Disney+ — including “She-Hulk,” “Andor” and “Mighty Ducks: Game Changers” — to Amazon’s blockbuster “Lord of the Rings” prequel series “The Rings of Power,” to Hulu’s stockpile of quality comedies, to HBO’s compelling “House…