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Tuesday, October 27, 2020
Technology A crowded stream for Netflix

A crowded stream for Netflix

Other News

A look at big issues on Supreme Court’s agenda

Some of the issues either already on the Supreme Court's docket when it begins its new session or likely to be before...

Wall Street posts solid gains after surge in corporate deals

By ALEX VEIGA and DAMIAN J. TROISE AP Business Writers Wall Street kicked off the week with a broad...

Tarrant County ranks low in work-from-home study by NAR

North Texas ranks pretty high in the “Work from Home” category, according to a just-released study by the National Association of Realtors....

Commentary: Universities and COVID-19: Charting turbulent times

Ray Perryman As the COVID-19 pandemic emerged this spring, college campuses across the United States swiftly sent students...

Netflix shares slumped after the streaming video and entertainment company forecast disappointing subscriber growth in the first quarter, warning that more U.S. subscribers have cut the service. In the U.S., Netflix added a weaker-than-expected 420,000 subscribers during the fourth quarter. Growth has slowed in the last year, partly because most people in the U.S. who want Netflix already subscribe.

The pioneer of streaming media and binge-worthy shows faces an increasingly competitive market as Apple, Disney and others launch their own streaming options. Netflix said it expects to add 7 million subscribers during the first three months of this year, well below the 9.6 million subscribers it added in the first quarter last year. Netflix CEO Reed Hastings said he believes rivals are mostly capturing new viewers who are transitioning from traditional TV watching.

Latest News

Lee Kun-Hee, force behind Samsung’s rise, dies at 78

By KIM TONG-HYUNG and HYUNG-JIN KIM Associated PressSEOUL, South Korea (AP) — Lee Kun-Hee, the ailing Samsung Electronics chairman who transformed the...

How Google evolved from ‘cuddly’ startup to antitrust target

By MICHAEL LIEDTKE AP Technology Writer SAN RAMON, Calif. (AP) — In Google's infancy, co-founders Larry Page and Sergey...

Twitter CEO says it was wrong to block links to Biden story

By KELVIN CHAN Associated Press Twitter was wrong to block weblinks to an unverified political story, CEO Jack Dorsey...

Linear Labs raises $6 million in new funding

Smarter energy company Linear Labs has raised an additional $6 million in funding to further develop manufacturing capabilities and grow its employee...

Five things to know about the Big Tech antitrust report

By The Associated Press After years of calling Big Tech too big, Democratic lawmakers are calling for Congress to rein in Facebook,...