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Netflix Loses $17 Billion in Value; That’s $135K Per Lost Subscriber

Netflix reported its first decline in U.S. subscribers in more than eight years yesterday, losing 126,000 subscribers while analysts were expecting an increase of 350,000. The stock tanked by more than 10 percent today. Big Subscriber Loss = Big Valuation Loss The miss freaked out Netflix investors, lopping $17 billion off Netflix’s still-insane valuation of […]

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'Cats' movie trailer offers an odd look at the CG felines

VFX artists had a go with the feature film Cats. Universal unveiled a full-length trailer today that gave us the first look at what the film's human actors look like as CG-transformed felines. While the Broadway version of Cats relied on elaborate co… Source: engadget

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Nike’s Kaepernick Bet Lands an Emmy Nod, but Will It Pay with Investors?

Many Americans and consumers were mystified by Nike’s embrace of the political lightning rod that is the former NFL quarterback Colin Kaepernick. Yet it appears that just as many were delighted by it. Nike Goes Full-on SJW Nike embraced the SJW movement after enlisting Colin Kaepernick to be the face of its 2018 “Just Do […]

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Roubini: BitMEX in Violation of Securities Laws, Crypto a Metastasized Cancer

Nouriel Roubini accuses BitMEX of skirting regulations and enabling illicit activities following a debate with BitMEX CEO Arthur Hayes Source: https://cointelegraph.com/rss

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Amazon Prime Day error put high-end camera gear on sale for peanuts

Sometimes during major online sales, too-good-to-be-true deals accidentally make it to storefronts. Often the retailer cancels those orders after realizing the mistake, but sometimes lucky bargain hunters actually receive the goods they found for way… Source: engadget