The best way to get investors to stop focusing on something is to stop telling them at all. Netflix said Thursday it will no longer report quarterly membership numbers and average revenue per membership starting in the first quarter of 2025. This is a significant change for the company and for the so-called “streaming wars,” […]
A sign marks the location of a Nordstrom store in a shopping mall on March 20, 2024 in Chicago, Illinois. Scott Olson | Getty Images The Nordstrom family is once again considering taking the department store private and has formed a special committee to evaluate bids, it announced on Thursday. CEO Erik Nordstrom and president
Nordstrom family tries again to take department store private, forms special committee Read More »
Netflix’s victory lap as the leader in streaming continued on Thursday, as the company said it increased its subscriber base by 9.3 million to nearly 270 million in the first quarter. Revenue was up 15% to $9.37 billion in the first quarter, the Los Gatos, Calif., streamer reported. Net income was $2.3 billion, compared to
How might hemp have a major role in the future of the horticulture industry? Here’s a look at how a byproduct of hemp can replace a common soil additive used by growers . What’s the Point of Peat? Peat moss has been and continues to be a common soil additive for the use of growing
Why Hemp Might Turn Into a Replacement for Peat Moss Read More »
In the rapidly expanding world of commercial cannabis cultivation, efficiency and scalability are not just goals — they are necessities for success. As the market for medical and recreational cannabis grows, so does the competition, pushing growers to seek innovative solutions that can elevate their operations. The adoption of automation technologies in cannabis greenhouses is
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Homes in Rocklin, California, on Tuesday, Dec. 6, 2022. David Paul Morris | Bloomberg | Getty Images The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept going. It now sits right around 7.5%, the highest level since mid-November of last
Mortgage rates are now at the highest level of the year, and could go even higher Read More »
Los Angeles Lakers forward LeBron James, #23, during the NBA game between the Los Angeles Clippers and the Los Angeles Lakers at Crypto.com Arena in Los Angeles on Jan. 7, 2024. Jevone Moore | Icon Sportswire | Getty Images The National Basketball Association’s exclusive media rights negotiating window with current partners Disney and Warner Bros.
Rafael Enrique | Lightrocket | Getty Images LOS ANGELES — Netflix is due to report first-quarter earnings after the closing bell Thursday. The company’s performance has been an anomaly in the streaming realm. While competitors struggle to turn profits, Netflix saw a 12% bump in revenue last year as its paid memberships grew again. Here’s
Netflix is set to report earnings – here's what Wall Street expects Read More »
Google CEO Sundar Pichai and Apple CEO Tim Cook listen as India’s prime minister, Narendra Modi, speaks during a meeting with senior officials and CEOs of American and Indian companies, in the White House in Washington, D.C., on June 23, 2023. Brendan Smialowski | AFP | Getty Images The ironclad relationship that India Prime Minister
U.S. tech CEOs give India PM Modi boost ahead of election Read More »
Google has terminated 28 employees after dozens of workers participated in sit-ins inside company offices earlier this week to protest the tech giant’s work in Israel amid the war against Hamas in Gaza. The protests, organized by the No Tech for Apartheid campaign, raised concerns about Google and Amazon’s $1.2-billion cloud computing contract with the
Google fires 28 employees who protested Israel cloud contract Read More »
