Netflix cuts about 1,000 jobs as viewership growth slows and free rivals gain
Netflix cut about 1,000 employees, roughly 6% of its staff, as its shares sit 42% lower over 12 months. Slower…
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SEC Clears Cboe Binary Options on Corporate KPIs, with Robinhood Set to Offer Them
The US Securities and Exchange Commission has approved Cboe's proposal to list binary options tied to corporate performance indicators. Robinhood…
Apple plans to launch Apple Intelligence in China in December after regulatory approvals
Apple plans to roll out its first AI features in China in December. Chinese regulators have approved Apple's generative AI…
Intel Shares Fall After Explosion at Israel Plant
Intel shares fell 4.3% on Wednesday after reports of an explosion at its manufacturing facility in Kiryat Gat, Israel. Three…
Netflix to cut 1,000 jobs in its steepest layoffs since 2022
Netflix will cut 1,000 jobs globally, its steepest cuts since 2022. The company says it is on track to meet…
