By Dawn Chmielewski and Tiyashi Datta (Reuters) -Netflix Inc said inflation, the war in Ukraine and fierce competition contributed to a loss of subscribers for the first time in more than a decade and predicted deeper losses ahead, marking an abrupt shift in fortune for a streaming company that thrived during the pandemic. The company said it lost 200,000 subscribers in its first quarter, falling well short of its forecast of adding 2.5 million subscribers. Suspending service in Russia after… Source link
Read More »US rocked by 3 mass shootings during Easter weekend; 2 dead
HAMPTON, S.C. (AP) — Authorities in South Carolina say they are investigating shooting at a nightclub in Hampton County early Sunday that left at least nine people injured. It was the second mass shooting in the state over the Easter holiday weekend, and the third in the nation. The South Carolina shootings and one in Pittsburgh that left two minors dead early Sunday at least 31 people injured. South Carolina’s State Law Enforcement Division is investigating the early Sunday shooting at… Source link
Read More »Rocked by sexual assault allegation, Alibaba launches investigation, suspends several staff
SHANGHAI, Aug 8 (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd said on Sunday it has suspended several staff following an employee’s allegations on the company’s intranet that she was sexually assaulted by her boss and a client. The woman’s account, published via an eleven-page PDF that went on to circulate widely online, prompted a social media storm on China’s Twitter-like microblogging website Weibo. Police in the city of Jinan said on Sunday morning that they were… Source link
Read More »South Dakota rocked again as a wind turbine plant shuts its doors
John F. Kerry, the special presidential envoy for climate, said only months ago that those losing fossil fuel jobs in coal and hydraulic fracturing will find they have a better choice in jobs in either the solar industry or as wind turbine technicians. That was then. Now, a wind blade manufacturing plant located in Aberdeen, South Dakota has announced it is shutting its doors permanently in less than two months. The disappearance of Molded Fiber Glass will displace over three hundred workers… Source link
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