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Netflix's Password Sharing Crackdown Backfires With Slow Subscriber Growth in Q2
Netflix reported its slowest subscriber growth in five quarters, adding only 4.82 million new subscribers from April to June, down from 9.3 million in the previous quarter, largely due to a crackdown on password sharing.
China Investigates 16 Companies for Illegally Testing Job Seekers with Pregnancy Tests
Investigations are underway into Chinese companies accused of conducting illegal pregnancy tests on job applicants, which contradicts national efforts to address low birth rates.
Elon Musk to Move X, SpaceX HQs From California to Texas After Newsom Passes Trans Rights Law
Elon Musk made his intention to move the headquarters of his companies SpaceX and X, formerly Twitter, from California to Texas after California Governor Gavin Newsom signed a transgender rights law.
German-Russian Businessman Jailed for Illegally Shipping Military Parts to Russia
A German court sentenced a businessman to six years and nine months in prison for illegally exporting electronic components to Russian firms involved in the production of military equipment.