Stocks Slide, Disney, Apple, Beyond Meat, Bitcoin-5 Things To Know

Here are five things you must know for Thursday, May 12: 1. — Stock Futures Slide, Dollar Leaps As Tech Rout Continues US equity futures extended declines Thursday, potentially pulling the Dow into its sixth consecutive slump, as investors continue to shed risk assets in markets around the world amid renewed concerns that central bank … Read more

Hong Kong police release Catholic cardinal arrested on national security charges

HONG KONG, May 11 (Reuters) – Cardinal Joseph Zen, one of Asia’s top Catholic clerics, and three other people who helped run a now disbanded fund for protesters in Hong Kong have been arrested for “collusion with foreign forces”. , then released on bail. Zen, a 90-year-old former Hong Kong bishop, was interrogated for several … Read more

‘Fortnite’ maker Epic Games made failed funding bid ahead of $2B cash raise

Wall Street may finally be getting over its “Fortnite” addiction. Epic Games, the maker of the wildly popular, shoot-em-up video game, launched a flopped attempt to raise cash last month in a deal that would have valued the company nearly 40% higher than what it settled for a few weeks later, The Post has learned. … Read more

Earnings preview: Is Disney+ in for a wake-up call like Netflix?

Is the Walt Disney Co. headed for a subscriber miss, like its biggest streaming rival? disney SAY, -3.00% has ferociously eaten into rival Netflix Inc.’s NFLX, -4.35% subscriber base since launching Disney+ in November 2019, climbing to 129.8 million subscribers. That is more than half of Netflix’s total of 219.6 million, which declined by 200,000 … Read more

To save itself, Netflix might have to play nice with an industry it battled for years

To turn the narrative back in its favor, analysts have suggested adding ads and clamping down on password sharing. But one way Netflix can help itself is by allying with an industry that it once was at odds with: movie theaters. Even though Netflix has released many films in theaters — and has even bought … Read more

Disney employees walk out, as ESPN and Disney+ back LGBTQ+ rights

While many employees at Disney headquarters in Burbank, California, did protest, it did not appear to be a massive showing across the company. “We know how important this issue is for our LGBTQ+ employees, their families and allies, we respect our colleagues’ right to express their views, and we pledge our ongoing support of the … Read more

Videogames ‘Fortnite,’ ‘Minecraft’ Catapult Smiley Salamander to Global Fame

Pollution and other man-made ills weigh heavily on Mexico’s axolotl, a rare salamander popular among Aztecs back in the day. Its population in the wild has fallen by something like 99% in the past three decades, one expert said. Yet the creature’s popularity has never been higher, propelled by the same modern age chasing them … Read more

Ultraman Tiga ban: Cartoons and children’s shows are on the chopping block in China’s entertainment crackdown

The National Radio and Television Administration, the country’s broadcasting authority, announced late Friday that it would ban cartoons and other TV shows primarily produced for children that contain any mention of violence, blood, vulgarity or pornography. TV channels must “resolutely resist bad plots,” and instead only broadcast “excellent cartoons with healthy content and promote truth, … Read more

Why Sony Should Buy Final Fantasy Maker Square Enix

Text size Square Enix, the maker of the popular Final Fantasy games, is a perfect fit for Sony. Ina Fassbender/AFP via Getty Images sony needs to bulk up to ward off its multi-trillion dollar gaming rival Microsoft. Another Japan-based gaming company may be exactly what the PlayStation owner needs. The videogame industry is the most … Read more

Internet providers end challenge to California net neutrality law

Supporter of Net Neutrality Ginger Gibson of Valley Glen, California, protests the FCC’s recent decision to repeal the program in Los Angeles, California, November 28, 2017. REUTERS/ Kyle Grillot/Files Register now for FREE unlimited access to Reuters.com Register WASHINGTON, May 4 (Reuters) – The US broadband industry ended late on Wednesday its legal challenge to … Read more