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HBO grows to nearly 77 million total subscribers as Netflix reports a decline
HBO and HBO Max had 76.8 million subscribers at the end of the first quarter of 2022, former parent company AT&T reported Thursday. That marks a 3 million subscriber increase from the previous quarter and a 12.8 million year-over-year increase. Domestic average revenue per user (ARPU) reached $11.24, up from $11.15 last quarter. The news […]
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Why GM is getting into electric boats
Everything is going electric. Cars, delivery vans, buses, garbage trucks and more are rapidly moving to a battery-powered future. With the technology going mainstream, the EV revolution is also making waves in the world of boating. General Motors recently invested $150 million in Seattle-based start-up Pure Watercraft, taking a 25% stake in the company. And […]
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YouTube shuts the account of Hong Kong’s only leadership candidate
Hong Kong’s former chief secretary and current chief executive candidate John Lee speaks to the press. In 2020, the U.S. sanctioned Lee and other officials, accusing them of curtailing political freedoms in Hong Kong. Dale De La Rey | AFP | Getty Images YouTube has taken down the campaign channel of John Lee, Hong Kong’s only candidate […]
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What is ‘Web3’? Here’s the vision for the future of the internet from the man who coined the phrase
Computer scientist Gavin Wood coined the term “Web 3.0” in 2014, laying out his vision for the future of the internet. The phrase, also shortened to “Web3,” has become an internet buzzword recently with high-profile technologists, including Twitter founder Jack Dorsey and Tesla CEO Elon Musk, debating the meaning of the term. Wood, who is […]
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Sanctioned Russian bank founder Oleg Tinkov condemns ‘insane’ Ukraine war, calls on West to give Putin face-saving exit
Russian business tycoon Oleg Tinkov attends a session of the St. Petersburg International Economic Forum (SPIEF), Russia, June 7, 2019. Maxim Shemetov | Reuters Sanctioned Russian digital bank founder Oleg Tinkov on Tuesday blasted his nation’s “insane” war against Ukraine and called on Western nations to give Russia’s leader Vladimir Putin “a clear exit to […]
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It seems unlikely Musk will get private equity funding for Twitter purchase
Brendan Smialowski | Afp | Getty Images It “seems unlikely” Musk will get help from private equity firms with his $43 billion bid to buy Twitter and take it private, according to CNBC’s David Faber. “The more I report, the less I believe there’s anybody else that really could show up here,” Faber said on […]
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Stocks making the biggest moves after hours: Twitter, Netgear and more
Musk would have been appointed to Twitter’s board on Saturday, but the world’s richest man informed the company on the day that he would not, in fact, be taking the board seat. Andrew Burton | Getty Images News | Getty Images Here are the stocks making headlines after the bell. Twitter — Shares of the […]
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