SACRAMENTO, Calif. (AP) — California could soon hold social media companies responsible for harming children who have become addicted to their products, permitting parents to sue platforms like Instagram and TikTok for up to $25,000 per violation under a bill that passed the state Assembly on Monday.
SAN RAMON, Calif. (AP) — Google’s corporate parent on Tuesday posted its slowest quarterly revenue growth since 2020, the latest sign that the huge gains enjoyed by technology companies during the pandemic are fading into the rear-view mirror.
SAN FRANCISCO (AP) — An unexpected drop in subscribers sent Netflix shares into freefall Wednesday, forcing the company to consider experimenting with ads and -- hold onto your remote -- cracking down on millions of freeloaders who use passwords shared by friends or family.
As shares plunge, Netflix takes aim at password sharing, ads
SAN FRANCISCO (AP) — Streaming service Netflix is dealing with a sharp drop in subscribers by considering changes to its service that it has long resisted.
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:
Netflix Inc., down $122.42 to $226.19.
The streaming video giant lost subscribers for the first time in more than a decade and it expects those losses to accelerate this quarter.
SAN FRANCISCO (AP) — Netflix suffered its first subscriber loss in more than a decade, causing its shares to plunge 25% in extended trading amid concerns that the pioneering streaming service may have already seen its best days.
LOS GATOS, Calif. (AP) _ Netflix Inc. (NFLX) on Tuesday reported first-quarter net income of $1.6 billion.
The Los Gatos, California-based company said it had net income of $3.53 per share.
COLUMBUS, Ohio (AP) — Should Netflix and other streaming services have to pay local governments the same fees levied on cable operators?
That was the question before the Ohio Supreme Court during a Wednesday hearing, as the court debates whether streaming services such as Netflix and Hulu are covered by a state law that would require them to pay to play.
Amazon announced Wednesday its free streaming service IMDb TV will be renamed Amazon Freevee.
The new name will take effect on April 27, the company said in a news release.
The retailer said the streaming service will also expand its original programming by 70% in 2022, with spinoffs of shows such as “Bosh: Legacy” and other series.
NEW YORK (AP) — Looking to watch top Oscar nominees before the 94th Academy Awards air on March 27?
JACKSON, Miss. (AP) — A private, historically Black college in Mississippi is getting $10 million from the head of Netflix and his wife, a film producer.
Netflix CEO Reed Hastings visited Tougaloo College on Monday to talk about the donation from himself and his wife, Patricia Quillin, news outlets reported.
LOS ANGELES (AP) — LGBTQ representation on scripted TV series has grown along with the footprint of streaming services, according to an annual study by the advocacy group GLAAD.
“TV is leading entertainment in telling LGBTQ stories,” Sarah Kate Ellis, president and CEO of GLAAD, said in the “Where We Are on TV” report on the 2021-22 season that was released Thursday.
LOS ANGELES (AP) — An aspiring actor was sentenced to 20 years in federal prison Monday for running a massive Ponzi scheme that raised at least $650 million from investors in phony Hollywood film licensing deals.
NEW YORK (AP) — After a pandemic year that hobbled movie theaters and saw streaming services make new inroads into Hollywood, the Academy Awards put its strongest support Tuesday behind two films made with big-screen grandeur that were also streamed into homes: Jane Campion's gothic western “The Power of the Dog” and Denis Villeneuve's sci-fi epic “Dune.”
NEW YORK (AP) — It's time again to celebrate Hollywood's grandest ambitions and most daring risk takers.
No, I'm not talking about “Jackass Forever.”
On Tuesday morning, nominations to the 94th annual Academy Awards will be announced.
Stocks that traded heavily or had substantial price changes Friday:
Netflix Inc., down $110.75 to $397.50.
The streaming entertainment company delivered another quarter of disappointing subscriber growth.
SAN RAMON, Calif. (AP) — Netflix delivered its latest quarter of disappointing subscriber growth during the final three months of last year, a trend that management foresees continuing into the new year as tougher competition is undercutting the video streaming leader.
SACRAMENTO, Calif. (AP) — Gov. Gavin Newsom solicited donations totaling nearly $227 million from Facebook, Google, Blue Shield and other private California companies and organizations to combat the coronavirus pandemic and help run parts of his administration, according to a report Thursday by the state's political watchdog agency.
SAN JOSE, Calif. (AP) — The fraud conviction of former Theranos CEO Elizabeth Holmes could do more than just send a once-celebrated ex-billionaire to prison. In theory, it could also deliver a sobering message to a Silicon Valley culture that often gets lost in its own hubris and swagger.
SAN JOSE, Calif. (AP) — In a case that exposed Silicon Valley’s culture of hubris and hype, Elizabeth Holmes was convicted Monday of duping investors into believing her startup Theranos had developed a revolutionary medical device that could detect a multitude of diseases and conditions from a few drops of blood.
NEW YORK (AP) — Netflix on Tuesday rolled out a new website that measures its most-viewed films and series by the amount of hours users spend watching them. The results? People are watching “Squid Game” and the new action-adventure film “Red Notice” maybe even more than you would have guessed.
NEW DELHI (AP) — Bollywood director and ad maker Ram Madhvani’s internet series “Aarya” has already received plenty of love from viewers, along with widespread critical acclaim in India.
Stocks that traded heavily or had substantial price changes Wednesday:
Netflix Inc., down $17.42 to $513.63.
The video streaming pioneer reported its worst slowdown in subscriber growth in eight years.
The streaming service Hulu, which has gained clout thanks to shows like “The Handmaid’s Tale,” is now worth about $8.7 billion. But that remains a small fraction of Netflix Inc.’s value.
A new TV streaming app dubbed the Ojibway Netflix was launched this month by a Winnipeg-based company that says the app is the first Ojibwe-language streaming service.
Its the latest effort in a growing movement across Minnesota and the region to tap new technology to revive American Indian languages.
SAN FRANCISCO — Netflix is raising the price for its most popular U.S. video streaming plan by 10 percent— a move aimed at bringing in more money to outbid HBO, Amazon and other rivals for addictive shows such as “Stranger Things.”