BUSINESS

Netflix Subscribers Jump Despite Price Hikes

Netflix says that despite the long strikes by actors and writers in Hollywood it has a strong line-up of content set for release in 2024
Netflix subscription numbers rocketed more than 13 million in the final three months of last year, the company said on Tuesday, despite price hikes at the leading streaming service.
More news
The Akira hacker group is suspected of carrying out the cyber attack in Sweden

Russian Hackers Suspected Of Sweden Cyber Attack

Online services at some Swedish government agencies and shops have been disrupted in a ransomware attack believed to have been carried out by a Russian hacker group, IT consultancy Tietoevry said.
The controversial new reactor is planned for the Sizewell site in eastern England

UK Govt To Plough Extra GBP1.3bn Into Nuclear Plant

The UK government says it will make available an additional GBP1.3 billion ($1.9 billion) in funding for the construction of the Sizewell C nuclear reactor project with French energy group EDF. The announcement from the Department for Energy Security and Net Zero late on Monday takes the level of state funding for the project in eastern England to more than GBP2.5 billion.
Amazon France Logistique monitored the performance of employees through data from scanners used by the staff to process packages, according to France's data protection agency.

Amazon French Warehouses Unit Fined 32 Million Euros

France's data protection agency said Tuesday it had fined Amazon's French warehouse management unit 32 million euros ($34.9 million) for an "excessively intrusive" surveillance system to monitor staff performance.
Since rising to power a decade ago, Xi has waged a constant campaign against deep-seated graft that has led to the punishment of at least 4.7 million officials, according to a 2022 report by the state-run Global Times

Xi's Corruption Crackdown Targets Embattled Finance Sector

Xi Jinping's crackdown on official corruption has ripped through a secretive missile force, the Communist Party elite, the national football team, and now risks hammering a finance industry already grappling with an economic slowdown.
As of now "Palworld" is in early-access mode and still being developed, with the help of feedback from players, Japan-based PocketPair said

'Pokemon With Guns' Proves A Blast

The makers of a video game dismissed as "Pokemon with Guns" when it was announced said Monday the game has proved a hit, with "Palworld" selling more than five million copies in just three days.
Regulators have heightened scrutiny on Boeing following a scare on an Alaska Airlines plane this month when a panel came off mid-flight and forced an emergency landing

FAA Recommends Inspections For More Boeing Models

The US Federal Aviation Administration has recommended that airlines inspect door plugs on Boeing 737-900ER jets after a blowout on another type of aircraft with a similar mid-cabin exit earlier this month.
Abortion remains a deeply divisive issue in US politics and society

Biden, Harris Put Abortion Rights On Election Frontline

US President Joe Biden and Vice President Kamala Harris will push the fight for abortion rights in a series of events this week, highlighting what Democrats believe is political kryptonite for Donald Trump in November's election.
Reports said Sony was unhappy with Zee's performance since the merger was agreed in 2021

Sony 'Terminates' Indian Merger With Zee

Sony "terminated" on Monday the $10-billion merger of its Indian operations with local rival Zee Entertainment that would have created a new streaming giant in the world's most populous nation.
ECB president Christine Lagarde said last week rates had likely reached their peak but that it was too soon to 'shout victory' on inflation

ECB To Signal No Rush To Cut Interest Rates

European Central Bank policymakers are expected to keep interest rates steady on Thursday and signal they are in no hurry to start slashing borrowing costs despite progress against inflation.
Steve Jobs, with the user-friendly Apple Macintosh, made personal computers an integral part of everyday lives and homes

Fit At 40: The Revolutionary Apple Mac In Numbers

Forty years ago Steve Jobs revolutionised personal computing by launching the Apple Macintosh, the first PC with a user-friendly mouse and graphical interface that helped the machines enter the everyday lives of people for the first time.
Asian traders were mostly upbeat though expectations for an early US interest rate cut have faded since the start of the year

Most Asian Markets Rise After Wall St Record

Most Asian markets rose Monday following a record finish on Wall Street, but hopes for an early US interest rate cut were dealt a fresh blow by Federal Reserve officials looking to rein in investor expectations.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.