F.T.C. Sued Amazon
The Federal Trade Commission has sued Amazon. The F.T.C. alleged that Amazon has tricked millions of customers into signing up for Amazon Prime by using deceptive interface designs. They also…
Netflix Saw Their Stock Fall 35%
Netflix’s stock fell 35%, a day after they reported a major loss in subscribers for the first quarter.
Netflix Lost Subscribers Causing Their Stock to Fall Off Hours
Netflix lost 200,000 subscribers in the first quarter as compared to the fourth quarter of 2021. This caused their stock to fall 17%.
Disney+ Announced Slow Subscription Growth
Disney announced that Disney+ had slow subscription growth in the company’s 4th quarter. In the last quarter, Disney+ added 2 million new subscribers and had a total of 118.1 million…