Netflix Stock Surges on Subscriber Beat

Netflix is pushing out content like the Bling Empire series to attract viewers. Courtesy of Netflix Text size Netflix posted better-than-expected subscriber growth in the fourth quarter, adding 7.66 million net new subscribers, well ahead of the 4.5 million the company had projected. The company also announced that founder and co-CEO Reed Hastings was moving … Read more

Netflix opens new gaming studio in Southern California, seeks to expand cloud gaming

Netflix announced a new gaming studio opening in Southern California, in a step toward building cloud gaming. The company also said that it is on an intensive look out for a cloud gaming offering. As per reports, Netflix’s new opening of a game studio in Southern California is to speed up game development. Netflix Vice … Read more

Fed Chief Talks Tough on Inflation. There’s More Pain Ahead for the Stock Market.

From left: Fed officials Jerome Powell, Lael Brainard, and John Williams ponder the great outdoors during a break at the economic symposium at Jackson Hole. David Paul Morris/Bloomberg Text size Grand Teton National Park has a stark warning for visitors to the Wyoming mountain oasis. “Bears are active,” it says on its website. “Travel in … Read more

Apple, Google, Netflix, Amazon India execs to depose before parliamentary panel on Aug 23

Top executives of the Indian arms of Apple, Google, Amazon, Netflix and Microsoft will on Tuesday depose before a parliamentary panel looking into anti-competitive practices in the digital space, the committee’s chairman Jayant Sinha said. The Parliamentary Standing Committee on Finance has been looking into various aspects of competition in the marketplace, especially concerning technology … Read more

Netflix introduces spatial audio for original content; Stranger Things, The Witcher top choices

Netflix is rolling out spatial audio to select original content for a more immersive sound experience, especially for users who watch a TV show or film with headphones. The rollout began in the US on Thursday. The US-based streaming giant collaborated with Sennheiser to convert surround sound mixes into an expansive spatial audio presentation to … Read more

David ‘‘Tosh’’ Gitonga: A filmmaker’s mind

Art David ‘‘Tosh’’ Gitonga: A filmmaker’s mind Saturday June 11 2022 David Gitonga an award-winning filmmaker and Director of Nairobi life and disconnect during the interview at Nation Center, Nairobi on June 9, 2022. PHOTO | LUCY WANJIRU | NMG Filmmaker David ‘‘Tosh’’ Gitonga lives on the edge. In a matter of hours, he could … Read more

Facebook Changed Name, Now Changing Ticker. What It Means for the Stock.

Text size Meta Platforms follows a number of high-profile companies that changed their ticker symbols. Fabrice Coffrini/AFP via Getty Images Meta Platforms , formerly known as Facebook , is taking the final step to decisively shed its previous identity on Thursday. The company will begin trading under ticker symbol “META,” leaving behind its current trading … Read more

Looking for $100,000 Salary? See How Much the Biggest U.S. Companies Pay Workers

Wages for the median workers at the majority of big American companies are higher than they were before the pandemic, with the tight job market helping to lift paydays for many bank tellers, factory workers and software programmers. Compensation in 2021 for the median worker at 275 companies in the S&P 500 index was higher … Read more

Netflix helps produce three Kenyan movies, offers Sh33m to train local actors

Art Netflix helps produce three Kenyan movies, offers Sh33m to train local actors Thursday May 05 2022 Netflix is helping produce three Kenyan movies and will spend Sh33 million to train actors. PHOTO | AFP By ELIZABETH KIVUVAMore by this Author Summary The US streaming service said the Kenyan titles will be revealed later closer … Read more

Apple Is the Last FAANG Standing

Apple is the last FAANG standing—and its earnings report this coming week could go a long way toward determining if the stock market bounces back or slides even further. As bad as this year has been for the stock market, it’s been even worse for the original FAANGs. While the S&P 500 has fallen 10.4% … Read more