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Netflix's Subscriber Numbers Soar After its Password Sharing Crackdown. But What Next?
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Pinterest shares soar 18% on earnings beat, strong revenue growth
Shares of Pinterest popped in extended trading Tuesday after the company reported first-quarter results.CNBC - Business -
Applications for Skilled Worker Visas Drop Sharply After Crackdown
Efforts to curb fraud in the H-1B lottery program are paying off, says U.S. Citizenship and Immigration Services, which worked to halt abuse of the process.Inc. - Business -
The Fed would only cut rates to help the U.S. service its soaring debt, fund manager says
The reason the Fed may be tempted to cut rates would be to help the U.S. cover interest payments on the national debt, according to fund manager Freddie Lait.CNBC - Business -
Shares of Nio soar more than 20% as EV deliveries more than double in April
Hong Kong-listed shares of Chinese electric vehicle maker Nio Inc jumped 20% in early trading, after its vehicle deliveries more than doubled in April.CNBC - Business -
Amazon Picks Up Live-Action Masters Of The Universe Movie After Netflix Drops It
A live-action reboot of Masters of the Universe has been stuck in development hell for the better part of two decades, with stops at Warner Bros., Sony Pictures, and most recently, Netflix. Now, the long-stalled project may finally have some ...GameSpot - Tech - Netflix -
China Vanke Shares Slump After Soft Results
The property developer’s shares slumped after it posted soft first-quarter results amid continuing pressure in China’s property sector.The Wall Street Journal - Business - China -
Starbucks Shares Plunge After Sales, Earnings Miss
Speeding up service and introducing new beverages are part of efforts to win back customers, executives say.The Wall Street Journal - World -
Starbucks Shares Plunge After Sales, Earnings Miss
Speeding up service and introducing new beverages are part of efforts to win back customers, executives say.The Wall Street Journal - Business -
The Slamdance Film Festival is moving to Los Angeles with its next edition
Founded by filmmakers who had been rejected by Sundance, Slamdance is stepping out of Park City's shadow, relocating to Los Angeles and picking February dates.Los Angeles Times - Entertainment -
Ezekiel Elliott changes jersey number: 'I just kind of look at it as a different era'
Why Elliott is going with a new look on a familiar teamCBS Sports - Sports
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Sam Altman Says the World Might Not Need an AI Device
The OpenAI co-founder doesn't think AI devices like Humane's AI Pin and Rabbit's R1 will be a necessity.Inc. - Business -
This SpaceX Veteran's 'Tony Stark' Technology Aims to Tackle the Space Junk Problem
Portal Space Systems came out of stealth this week with more than $3 million in funding to build a spacecraft capable of rapidly moving satellites.Inc. - Business -
Tesla Reverses Plans for Its Gigacasting Manufacturing Method
The EV maker'snext-generation process is taking a back seat as it shifts to a new, smaller underbody design.Inc. - Business - Tesla -
How Global Supply Chains Could be Weaponized
Jett McCandless' project44 provides supply chain oversight for more than 1 billion shipments annually. He gave Inc. his behind-the-scenes perspective.Inc. - Business -
Fast-Food Promos Could Surge as Sales Slow, Diners Eat In
Inflation-battered customers stay away, causing earnings slumps at McDonald's and Starbucks. Will deals and promotions bring them back?Inc. - Business