“Netflix’s stock has tumbled 41% from the all-time high it hit just two months ago,” reports CNN Business. “It’s gaining subscribers at a painfully slow pace. Competition is heating up. The company’s answer to all that: It just raised prices on North American customers.” Netflix ended 2021 with 221.8 million Read more…
First, Amazon competed with malls. Now, it’s moving inside one. The online retailing giant said Thursday that it plans to open a clothing store in a Southern California mall later this year. It’s the latest foray into brick-and-mortar for Amazon, which already sells more than 10% of all clothes in Read more…
Good poker players have always known that they need to maintain a balance between bluffing and playing it straight. Now they can do so perfectly. One of the earliest and most devoted adopters of what has come to be known as “game theory optimal” poker is Seth Davies’s friend and Read more…
An initial CIA investigation into the mysterious set of symptoms known as Havana syndrome has found that it is unlikely to be the result of a worldwide campaign of attacks by a foreign power against US diplomats and spies. However, two dozen cases, including some of those originally afflicted in Read more…
The Federal Reserve on Thursday released its long-awaited study of a digital dollar, exploring the pros and cons of the much-debated issue and soliciting public comment. Billed as “the first step in a public discussion between the Federal Reserve and stakeholders about central bank digital currencies,” the 40-page paper (PDF) Read more…
A YouTuber and former Olympic snowboarder has been accused of crashing his plane on purpose for clicks, and the FAA has opened an investigation to get to the bottom of the growing mess. Trevor Jacob has been the subject of online criticism after posting a YouTube video where he parachuted Read more…
Major international airlines are canceling flights to the United States over aviation industry fears that 5G technology could interfere with crucial onboard instruments. But it’s business as usual in Europe, where the latest generation of high speed mobile networks is being rolled out without a hitch. Why is there a Read more…