Money

Say goodbye to sharing Netflix with your friends

Published

1 year ago

January 24, 2023

ticker NEWS

Netflix announces new tech to stop password sharing

The days of sharing a Netflix account with your friends are quickly coming to an end.

The streaming giant is set to introduce new tech which will prevent multiple households leeching off one subscription.

Execs believe around 100 million homes engage in the practice, which the company says “undermines” its ability to invest and improve content.

It’s been a rough 12 months for Netflix.

Last year, the company recorded it first subscriber loss in more than a decade.

While no exact date has been set for the worldwide rollout of the new policy, it could begin as early as March.

Users will be required to have their own account and login, unless you live in the same household as someone who has an account.

It follows a number of trials and introductions Netflix made throughout 2022.

“While our terms of use limit use of Netflix to a household, we recognise this is a change for members who share their account more broadly,” Netflix said.

“So we’ve worked hard to build additional new features that improve the Netflix experience, including the ability for members to review which devices are using their account and to transfer a profile to a new account.”

Money

Why the meme-stock frenzy is unlikely to repeat

Published

5 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

5 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

6 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