Falling victim to the latest spasm of market volatility, Amazon shares plunged 14% today in the wake of a poor first-quarter earnings report.
Falling victim to the latest spasm of market volatility, Amazon shares plunged 14% today in the wake of a poor first-quarter earnings report.
Todd Spangler NY Digital EditorNetflix wants users who share passwords with people outside their households — in violation of its terms of use — to pay an additional fee to keep streaming. The plan, if successfully rolled out globally, could add a cool $1.6 billion to Netflix’s top line, according to a new Wall Street analysis.Last week, Netflix said it was launching a test in three Latin America countries (Chile, Costa Rica and Peru) to address password sharing.
Dade Hayes Finance EditorA new report by Wall Street research firm Cowen & Co. finds TikTok’s most avid users frequent it far more than they do any other social media platform, but Microsoft’s “likely” takeover brings a host of complications.The firm’s veteran internet analyst, John Blackledge, was the lead author of the report, which tapped monthly survey data of 2,500 U.S.
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