Money

Netflix in court over defamation of top prosecutor

Published

3 years ago

August 11, 2021

Anthony Lucas

Netflix is heading to the courtroom

The popular streaming service is set to face a defamation lawsuit by former Manhattan prosecutor Linda Fairstein.

Fairstein claims Netflix portrayed her as a racist and unethical villain in the 2019 series “When They See Us,”

After the series premiere, a hashtag “Cancel Linda Fairstein” called for a boycott of the best-selling crime novelist.

U.S. District Judge Kevin Castel in Manhattan stated that Ms. Fairstein had plausibly alleged defamation in up to five scenes, including that she withheld evidence, coerced confessions and directed a racially discriminatory police roundup of young men in Harlem.

“The average viewer could conclude that these scenes have a basis in fact and do not merely reflect the creators’ opinions about controversial historical events,”
U.S. District Judge Kevin said.

Netflix is yet to respond.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

3 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

3 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

4 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending