Netflix is still reeling from its unexpected decline in Q1 subscribers, which led to a stock plummet of 35% and wiped more than $50 billion off of its market cap. The streaming giant’s disappointing results came as inflation remains high, consumers cut costs and competition intensifies, although one media mogul is not giving up on Netflix quite yet. “I don’t think Netflix has crashed — quite frankly, I think the market has overreacted,” Byron Allen, the founder and CEO of Entertainment… Source link
Read More »Tennis great Boris Becker sentenced to 2.5 years in London prison
Former tennis star Boris Becker was sentenced to more than two years in prison on Friday after he illegally transferred large amounts of money after declaring that he was bankrupt, according to The Associated Press. Becker was convicted in London earlier this month on four charges under the country’s Insolvency Act, per the report. Officials said that the 54-year-old transferred hundreds of thousands of pounds from his business account to other accounts after he declared bankruptcy in… Source link
Read More »Google tells shareholders that YouTube Shorts is doing great, don’t worry about TikTok! – TechCrunch
Alphabet, the parent company to Google, announced its first quarter earnings this evening, and for the creator industry, that means a slew of news and updates about YouTube. YouTube is known as a particularly ripe ground for content monetization, since creators earn a 55% share of ad revenue, rather than paltry payouts from an ever-dwindling creator fund (looking at you, TikTok). Sundar Pichai, the CEO of Google and Alphabet, reported that the number of YouTube channels that made at… Source link
Read More »This week in Bidenomics: Almost everything is great
If jobs and wages told you everything you need to know about the U.S. economy, we’d be in a golden age. Employers added 431,000 new jobs in March, a muscular pace of hiring that shows no sign of abating. Job creation is averaging 562,000 new jobs per month so far this year, and 565,000 new jobs per month since President Biden took office in 2021. At this rate, the economy will exceed pre-pandemic levels of employment by summer. The unemployment rate dropped from 3.8% to 3.6% and is also on… Source link
Read More »The stock market is depressed, and apparently that’s great: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, March 21, 2022 Today’s newsletter is by Brian Sozzi, editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Markets have rallied nicely off the early March lows that were triggered by the start of Russia’s war on Ukraine, but they are still dealing with a bout of depression. The percentage of… Source link
Read More »Is Apple stock a great buy on weakness?
Apple’s stock (AAPL) looks like a good buy on weakness, argues one strategist. “We actually bought Apple over the last couple of weeks. I mean the name has come down tremendously. So I think you can go in and buy that name. They have such a strong balance sheet and they have a tremendous cash position,” said Crossmark Global Investments chief markets strategist Victoria Fernandez on Yahoo Finance Live. To be sure, Apple’s stock hasn’t been immune to the broader pullback in tech stocks this… Source link
Read More »Amid the Great Resignation, these are the top searched jobs on Google
Google What careers are people actually… Source link
Read More »Google Calendar’s ‘Appointment Schedule’ Is Good, Not Great
Appointment Slots, the corporate offering, looks dated compared to Appointment Schedule. It’s also much less configurable—you can’t add custom question fields, for example, and there’s no way to automatically add a video call. So, to review: Individual Google users, basically anyone with an @gmail.com email address, can pay to upgrade to Google Workspace Individual. This includes the Appointment Schedule feature, which compares reasonably well with Calendly. Business Google users,… Source link
Read More »TCL 6-Series Google TV review: a great Mini LED TV at a good price
TCL’s first Google TVs were supposed to be a triumphant flex for the second most popular TV manufacturer in the US. Long known for its easy-to-use Roku TVs, TCL has been trying to push the message that it’s adopting a platform-agnostic approach and will offer sets with software from either Roku or Google. (The company has already released many Android TV models internationally.) So with the latest update to its 6-Series — model name R646 — TCL set out to blend its best TV… Source link
Read More »Patrick Mahomes, Josh Allen may be NFL’s next great rivalry
When it was all over, Kansas City Chiefs quarterback Patrick Mahomes sprinted across the field to pay it forward. He weaved his way past the celebrating embraces of backup quarterback Chad Henne and linebacker Frank Clark, dropping his helmet at the 35-yard line and curving his trajectory to a person who had earned a shared private moment in the most public of places. Normally, this singular path in the euphoric chaos of victory delivers a player to an embrace with family or a cherished… Source link
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