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By Frank Pallotta, CNN Business Netflix is the king of streaming with more than 200 million subscribers. But now it appears the platform has set its sights on dominating a new form of entertainment: video games. The company will offer video games on its service within the next year, according to a report by Bloomberg.
Continue ReadingThe hit novel, video game and Netflix series celebrates its inaugural fan convention. Rick Damigella reports.
Continue ReadingBy Samantha Murphy Kelly, CNN Business Clippy hasn’t had an easy life. Microsoft’s iconic but polarizing virtual assistant first appeared in Windows 97 as a small paper clip to help Microsoft Office users. It was given the boot by Office 2007. Earlier this year, it resurfaced for one day as an animated sticker in Microsoft
Continue ReadingJohnson & Johnson is issuing a voluntary recall for five Neutrogena and Aveeno sunscreen lines in the United States after it said it discovered low levels of benzene in the products.
Continue ReadingBy Alicia Wallace, CNN Business Nearly 20 years ago, a batch of hand-canned beers started a seismic shift in the craft beer industry. Now the man behind that endeavor is turning his attention to hand-cultivated cannabis. Dale Katechis, whose eponymous and popular Dale’s Pale Ale revolutionized canned beers, has invested in and taken an active
Continue ReadingBy Chauncey Alcorn, CNN Business Millennials and Gen Zers in the United States may not think the “laughing” emoji 😂 is cool anymore, but a majority of emoji users around the world disagree, according to a new study. The “laugh out loud” 😂face is officially the world’s most popular emoji, according to researchers from Adobe
Continue ReadingBy Chris Isidore, CNN Business The US Consumer Product Safety Commission says Amazon is selling hazardous products to its customers. The federal safety watchdog is suing Amazon to stop. Among the products cited in the suit are carbon monoxide detectors that fail to alarm, numerous children’s pajamas that could catch fire and nearly 400,000 hair
Continue ReadingBy Mick Krever and Eliza Mackintosh, CNN Dutch crime journalist Peter R. de Vries has died just over a week after being shot in the head in Amsterdam, according to a statement by his family published by CNN affiliate RTL News. “Peter fought to the end, but he could not win the battle. He is
Continue ReadingBy Sara Ashley O’Brien, CNN Business Shared rides were a key part of how the founders of Uber and Lyft envisioned disrupting transportation. Back in 2014, the companies raced each other to be first to announce their carpooling options, with the promise of creating a more efficient service that’s also more affordable for riders. Then
Continue ReadingBy Julia Horowitz, CNN Business It’s difficult for American companies to operate in China. But the latest data on the country’s economy underscores why, for many firms, it’s still worth it. What’s happening: China’s economic output grew 7.9% in the April-to-June quarter versus the same period a year ago, China’s National Bureau of Statistics said
Continue ReadingBy Charles Riley, CNN Business There’s a new super-unicorn in the United Kingdom. Revolut has been valued at $33 billion in a new fundraising round led by SoftBank and Tiger Global Management, the London-based digital banking startup said in a statement on Thursday. The company said it would use the $800 million raised to develop
Continue ReadingBy Michelle Toh, CNN Business Mastercard has been ordered to stop taking new customers in India, as authorities there say it violated the country’s rules on how data should be stored. Starting next Thursday, the company will be banned from issuing new debit, credit or prepaid cards, according to the Reserve Bank of India (RBI).
Continue ReadingBy Diksha Madhok, CNN Business Twitter is under enormous pressure in India this year. But even before the country rolled out strict new rules for tech firms, the company was hit by a wave of requests from the government to remove content or provide user data. Indian authorities submitted more requests for account information from
Continue ReadingChina’s economy is still growing but the pace of its recovery slowed in the second quarter of 2021 as the country dealt with surging commodity prices and supply chain disruptions. CNN’s Kristie Lu Stout reports.
Continue ReadingBy Rob McLean, CNN Business Johnson & Johnson is issuing a voluntary recall for five Neutrogena and Aveeno sunscreen lines in the United States after it said it discovered low levels of benzene in the products. The company is warning customers against using aerosol sprays Neutrogena Beach Defense, Neutrogena Cool Dry Sport, Neutrogena Invisible Daily,
Continue ReadingBy Laura He, CNN Business China’s economy is still growing, but the pace of its recovery slowed in the second quarter as the country contended with surging commodity prices and supply chain disruptions. GDP grew 7.9% in the April-to-June quarter compared with the same period a year ago, China’s National Bureau of Statistics said Thursday.
Continue ReadingFederal Reserve Chair Jerome Powell testifies before Congress and explains that inflation will remain elevated for the next six months. CNN’s Clare Sebastian reports.
Continue ReadingBy Allison Morrow, CNN Business Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. In today’s business news: A new report highlights the gap between CEO and worker pay; a $25 toy is now selling for $28,000; and RIP Twitter
Continue ReadingBy Rob McLean, CNN Business The National Highway Traffic Safety Administration is recommending owners of certain Chevy Bolt EVs park their cars outside and away from buildings due to a fire hazard. “The affected vehicles’ cell packs have the potential to smoke and ignite internally, which could spread to the rest of the vehicle and
Continue ReadingBy Chris Isidore, CNN Business The US airlines reported yet another round of quarterly losses. It could very well be their last, as vaccine rates climb and planes fill with leisure travelers eager to go on vacation once again. But airline stocks are all still down, and many analysts say this is a buying opportunity
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