#Netflix shares tumble on slowing subscriber growth

#Netflix shares tumble on slowing subscriber growth

“#Netflix shares tumble on slowing subscriber growth” Netflix reported slowing subscriber growth on Thursday, sending its share price tumbling nearly 20% in after-market trading. The world’s largest streaming service actually had reported earnings that were better than what Wall Street analysts were expecting, but the subscription numbers sent investors clamoring for the door. Netflix, home…

Read More
#Danny Masterson rape accusers free from Scientology arbitration

#Danny Masterson rape accusers free from Scientology arbitration

“#Danny Masterson rape accusers free from Scientology arbitration” A California appeals court said victims who accused Danny Masterson of rape do not have to go through an arbitration process with the Church of Scientology, allowing their harassment suit against the actor and Church leaders to move forward. In their opinion released on Thursday, the justices…

Read More
#Luminar stock surges 23% on Mercedes self-driving deal

#Luminar stock surges 23% on Mercedes self-driving deal

“#Luminar stock surges 23% on Mercedes self-driving deal” Luxury carmaker Mercedes-Benz will partner with self-driving sensor maker Luminar Technologies to enable fully automated driving on highways for its next-generation vehicles, Luminar’s founder said. Luminar’s stock was up $3.09, or 23%, to $16.54 in mid-afternoon trading Thursday. Automakers from Tesla to GM and Volvo have set their eyes on…

Read More
#China warns foreign Olympic athletes that political statements during games ‘subject to’ punishment

#China warns foreign Olympic athletes that political statements during games ‘subject to’ punishment

“#China warns foreign Olympic athletes that political statements during games ‘subject to’ punishment” China has warned foreign athletes they may face punishment for speech that is “against the Olympic spirit” following a similar warning from human rights activists who worry about public freedoms during the games.  Yang Shu, deputy director general of international relations for the Beijing Organizing Committee (BOC), issued a…

Read More
#Hollywood production more than doubled during COVID recovery

#Hollywood production more than doubled during COVID recovery

“#Hollywood production more than doubled during COVID recovery” Hollywood production bounced back in 2021, skyrocketing 141% versus 2020 thanks to a slew of new TV series like HBO’s “Euphoria” starring Zendaya and Peacock’s “Fresh Prince” spinoff “Bel-Air” shot during the year. FilmLA, which tracks productions shot in Los Angeles and found last year that shoots…

Read More