News
Why has Netflix lost almost half a million subscribers in its top location?
Netflix has lost more than 400,000 subscribers in the United States and Canada alone
Netflix blames Covid-19 for the slump
In a letter to shareholders, the company says it added just over 1.5 million subscribers in the second quarter of 2021, which is up from its forecast of 1 million.
But, by comparison, Netflix added 4 million new subscribers in the first quarter of this year, which was significantly down from its prediction of 6 million.
The Asia-Pacific region is carrying subscriber growth for the company at the moment, accounting for two-thirds of new memberships in the second quarter.
Netflix also says the lower number of new subscribers can be partially attributed to higher numbers last year resulting from pandemic lockdowns.
The streaming giant is anticipating numbers to jump back up in the third quarter of 2021.
This all follows numerous other streaming-based companies seeking to merge in a bid to take on Netflix.
Streaming is here to stay – and grow… and grow
WarnerMedia and Discovery have announced plans to merge, with Amazon also purchasing MGM for more than $8 billion.
U.S Tech insider Pavlina Oska told ticker earlier that streaming wars between the major players will continue to heat up
News
Albanese rejects super tax push amid political tensions
Albanese distances from Chalmers’ tax proposal on superannuation, amid rising concerns over voter sentiment and retirement savings.
Albanese distances from Chalmers’ tax proposal on superannuation, amid rising concerns over voter sentiment and retirement savings.
Australian Prime Minister Anthony Albanese has moved to distance himself from Treasurer Jim Chalmers’ proposal to increase taxes on high-balance superannuation accounts, signalling internal caution as cost-of-living pressures remain front of mind for voters.
The rejection highlights growing sensitivity around retirement savings, with critics warning that changes to super could undermine confidence in the system and spark broader political fallout ahead of future budget negotiations.
As debate continues inside government, questions remain over how Australia balances revenue needs without alienating voters or destabilising long-term savings policy.
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#AustralianPolitics #Superannuation #Albanese #JimChalmers #TaxPolicy #FederalBudget #RetirementSavings #TickerNews
News
AI surges in 2025: Key insights
AI surged in 2025, evolving into a strategic force with autonomous agents and global investments reshaping industries.
AI surged in 2025, evolving into a strategic force with autonomous agents and global investments reshaping industries.
AI exploded in 2025, transforming from a productivity tool into a strategic force, with more powerful models, autonomous agents, and massive global investment reshaping industries worldwide. Governments are racing to keep pace with the rapid developments and manage emerging risks.
In this exclusive interview, Oz Sultan from Sultan Interactive Group explains why AI capabilities have leaped forward this year and how autonomous agents are changing the way people work.
We also explore where AI adoption is having the biggest real-world impact, why investment in AI infrastructure and chips is booming globally, and what regulatory hurdles lie ahead.
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#ArtificialIntelligence #AI2025 #AutonomousAgents #TechTrends #FutureOfWork #AIInvestment #Innovation #AITech
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U.S. offers security guarantees to Ukraine as Berlin talks show progress
U.S. vows to defend Ukraine, seeks Senate approval; Berlin talks advance peace while weighing sovereignty against conflict resolution.
U.S. vows to defend Ukraine, seeks Senate approval; Berlin talks advance peace while weighing sovereignty against conflict resolution.
The United States has pledged to protect Ukraine from future Russian attacks, signaling strong support for European security. Washington will also seek Senate approval for its proposed role in the region, highlighting its commitment to defending allies and deterring further aggression.
In Berlin, talks between U.S., Ukrainian, and European leaders have reportedly made significant progress, with discussions focusing on security guarantees and potential frameworks for a peace deal with Russia. Territorial concessions remain a major sticking point, with negotiators carefully weighing Ukraine’s sovereignty against the urgency of ending the conflict.
U.S. officials emphasize that while they hope for a resolution by year-end, they are not applying undue pressure on Ukraine. Proposed security guarantees could include weapons provisions and monitoring mechanisms, echoing NATO’s collective defense commitments, in an effort to strengthen Ukraine’s negotiating position.
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#UkraineConflict #USSupport #BerlinTalks #EuropeanSecurity #PeaceNegotiations #NATO #RussiaUkraine #GlobalPolitics
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