Netflix shares crater 25% after company reports it lost subscribers for the first time in more than 10 years
It's the first time the streamer has reported a subscriber loss in more than a decade.
CNBC Technology
Streaming stocks slide after Netflix says it is losing subscribers
Stocks of streaming company rivals fell in extended trading on Tuesday after Netflix revealed it had lost subscribers during the first quarter.
Netflix is exploring lower-priced, ad-supported plans after years of resisting
Co-CEO Reed Hastings has long been opposed to adding commercials or other promotions to the platform but said Tuesday that it "makes a lot of sense."
Amazon must reinstate fired worker who led protest over working conditions, judge rules
Gerald Bryson helped lead a protest calling for Amazon to enact stronger Covid safety measures at one of the company's warehouses on Staten Island.
Mercedes-Benz unveils its new electric EQS SUV built in the U.S.
The SUV is expected to go into production at Mercedes-Benz's plant in Tuscaloosa, Alabama, in the coming months and arrive in U.S. showrooms in late 2022.
Elon Musk buying Twitter could have 'grave implications' for civil rights, says Urban League
Musk hopes to transform Twitter with few free speech restrictions, a move that could threaten civil rights, the National Urban League said.
Faber: It seems unlikely anyone will bid against Musk to take Twitter private
Faber said the rates of return for private equity "don't work."
How an Etsy founder turned ice cream maker feels about the DIY e-commerce platform today
As Etsy faces a sellers' strike in response to its latest fee hike, a founder of the e-commerce retail giant reflects on the company's growth, and its costs.
Uber and Lyft drop mask requirements for drivers, passengers
Uber and Lyft will no longer require masks for drivers and riders, the company announced Tuesday.
BP deal sends Nasdaq-listed EV charging stock Tritium surging
BP is not alone in its attempt to carve out a position in the electric vehicle charging market.
Gold House launches $30 million fund to invest in entrepreneurs of Asian descent
Gold House Ventures aims to boost API leadership in the corporate world by promoting Asian entrepreneurs.
5 things to know before the stock market opens Tuesday
U.S. stock futures dipped Tuesday as bond yields rose and Dow stock J&J dropped modestly after mixed quarterly results.
Fintechs are under pressure to stop Russian sanctions evasion. This start-up raised $94 million to help
Fraud prevention start-up Seon says it's seen more demand for tools that root out transactions from individuals on sanctions lists.
Apple retail union organizers want workers to be paid at least $30 per hour
An Apple employee-led union organizing committee is collecting authorization cards, which determines the level of unionization support at the workplace.
U.S. commits to ending anti-satellite missile testing, calls for global agreement
To date, four countries — the U.S., Russia, China and India — have destroyed their own satellites in ASAT tests.
Elon Musk tweet hints at possible tender offer to Twitter shareholders
A tender offer would be the latest in the saga over his dramatic bid to take control of Twitter.
Stocks making the biggest moves after hours: Twitter, Netgear and more
Check out the companies making headlines after the bell on Monday, April 18.
Amazon to conduct racial-equity audit led by former Attorney General Loretta Lynch
Amazon disclosed the audit in a recent proxy filing, in response to a shareholder proposal to examine its policies' impact on diversity, equity and inclusion.
Don't blame stimulus checks for inflation, says Andrew Yang, who still supports sending free cash to most Americans
Consumer prices rose 8.5% in March, reflecting price rises not seen in the U.S. since 1981.
Inside Rivian's EV plant and CEO RJ Scaringe's strategy for growth, lower-priced EVs and competing with Tesla
CNBC visited Rivian's massive assembly plant in Illinois and talked with CEO R.J. Scaringe about production, parts shortages and competition.
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