Netflix co-founder and CEO, Reed Hastings, is in Sydney to meet with executives of other subscription streaming services on Feb. 25, 2022. Wolter Peeters | Fairfax Media | Getty Images Netflix shares fell nearly 9% in extended trading on Thursday after the streaming giant released its first-quarter earnings report. The company beat Wall Street expectations…
Check out what’s clicking on FoxBusiness.com. A federal jury in New York delivered a major blow to Live Nation Entertainment on Wednesday, finding the concert giant and its Ticketmaster subsidiary liable for monopolistic practices in the ticketing industry. The verdict stems from a sweeping multistate lawsuit that accused the company of using its dominance in…
President Donald Trump‘s administration plans to launch next Monday the system it will use for issuing refunds to American importers for $166 billion the companies paid in tariffs that the U.S. Supreme Court struck down in February as unlawful. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. U.S….
The publishing giant is also closing the international editions of Glamour Magazine in Germany, Spain and Mexico. Source link
Check out what’s clicking on FoxBusiness.com. A Disney World fan account shared video suggesting the Florida theme park has revived its famous “Ladies and gentlemen” greeting, after ditching such phrases for gender-neutral messages years ago. The fan account, known on X as “Theme Park Cheetah,” shared video purporting to show the return of the greeting….
Michael Orange, the Hyundai Motor executive responsible for sales in all of the automaker’s seven U.S. regions, left the company on Tuesday, Automotive News reported. Source link
Flights could soon be cancelled if supplies from the Gulf remain blocked, says the International Energy Agency. Source link
Shares of Allbirds surged more than five-fold on Wednesday after the footwear maker said it was raising capital and pivoting towards AI computing infrastructure. Source link
The AI company’s own experts warned Mythos could hack the systems beneath most modern computing. Banks and government agencies are racing to gauge the threat. Source link
After selling its business for $39 million last month, the company said it planned to buy powerful computer chips and rebrand itself NewBird AI. Source link
