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Tuesday, April 20, 2021
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On Thursday, one of the top subscription screaming services raised its prices. Netflix, headquartered in Los Gatos, California, will be raising premiums on its standard and premium level plans. The standard plan will now cost Netflix consumers $13.99 per month, an increase of $1 a month, while...
The largest U.S. bank is now using its digital currency to send payments to commercial clients all over the globe. JPMorgan Chase’s JPM Coin is being utilized the first time during this week for commercial purposes to transfer and send money. Now, JPMorgan is creating another venture...
Netflix reported to its shareholders that its third-quarter growth wasn’t all that was hoped it would be. The media subscriber service at first had an uptick when the government issued stay-at-home orders. This made analysts optimistic about the company’s future quarterly growths. But earnings per share and...
On Thursday, Amazon’s annual hardware event was the setting for its new product announcements. The event was accessible by media only and closed to the public. We have a recap of some of what was announced. First, the e-commerce company announced updates for its...
For the third straight week, stock market losses continued. All three major indexes ended up lower on Friday. The Dow Jones Industrial Average fell by 0.9 percent or more than 240 points, to 27,657.42. Meanwhile, the Nasdaq Composite and the S&P 500 each dropped by 1.1 percent....
The S&P 500 fell during Wednesday’s trading session, giving up its gains from earlier in the day. Major tech stocks led some of the losses, despite the Federal Reserve promising to keep interest rates low for the foreseeable future. The index was down by 0.1 percent at...
Microsoft says the release date for its new Xbox Series X and Series S is November 10. Consumers will be able to preorder the gaming consoles on September 22. The Series X model will list for $499, while the more economical Series S will cost $299.
On Monday, Amazon received federal approval from the FAA to begin operations delivering packages by drones. The Federal Aviation Administration said Amazon can now “safely and efficiently deliver packages” to its customers via its unmanned aircraft systems. The FAA regulates the certification of drone...
On Friday, Apple announced that it was terminating Epic Games’ developer account. The move means that Epic will no longer be able to make apps for Apple’s iPhone, Mac, or iPad. However, an account associated with Unreal Engine won’t be impacted by the move. Unreal Engine is...
On Thursday, Apple announced that its Board of Directors had approved a four-for-one stock split. Stock splits cater to smaller investors by making the shares more affordable and accessible. For instance, Apple is currently trading at $425.04, and with a stock split, investors would...