competing

Google and Comcast Corp.’s NBCUniversal are competing to help Netflix create an ad-supported tier of it’s streaming service.  Subscriber numbers falling. In April Netflix announced that it had lost about 200,000 subscribers, which is the first time the streaming platform had lost any subscribers in over 10 years. Netflix reports that its user base is growing, however. One reason this may occur could be password sharing due to the increase in monthly fees. Either way, Netflix is…

Joey Badass insists his project delay had nothing to do with Drake.Hours before he was expected to release his long-awaited 2000 album, Joey took to Twitter to announce he was postponing the effort because of “clearance issues.” He didn’t provide many details, but reassured fans he would likely have a new drop date by Monday and the album should arrive in less than two weeks.“I wanted to have a new date before I told you guys but it’s out of my control,” he wrote Thursday, before promoting his newly released Chance the…

A Spirit Airlines plane on the tarmac at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida.Joe Raedle | Getty ImagesSpirit Airlines said Tuesday its board will decide on competing offers from JetBlue Airways and Frontier Airlines before a shareholder meeting at the end of the month as the battle for the discount carrier heats up."The Board expects to bring the process to a conclusion and provide an update to stockholders" ahead of its June 30 meeting, Spirit CEO Ted…

The world premiere for Deceive Inc. has revealed a multiplayer spy game where players must race against their fellow spies to complete objectives before they do, using social stealth, gunplay and gadgets. The first trailer for Deceive Inc. was shared during the PC Gaming Show 2022 today (June 12) and demonstrates the lengths that players will have to go to in order to complete a contract before their rival co-workers do. “Disguise as anyone, deploy an arsenal of high-tech gadgets or neutralize the competition. As long…

Welcome to The Interchange, a take on this week’s fintech news and trends. To get this in your inbox, subscribe here. Buy now, pay later has become nearly ubiquitous here in the U.S. As such, companies that offer that technology to merchants are unsurprisingly growing more competitive with each other. Case in point. This past week, San Francisco–based Affirm announced it was making its buy now, pay later technology available to U.S. businesses that use Stripe’s payments tech. This means that a whole slew of companies…

The Kohl's logo is displayed on the exterior of a Kohl's store on January 24, 2022 in San Rafael, California.Justin Sullivan | Getty ImagesKohl's shares surged more than 15% Wednesday, after being briefly halted, on hopes the retailer could still be bought following recent volatility in the market and a disappointing earnings report.A Reuters report said bidders competing to buy Kohl's are preparing to make binding offers, albeit lower than the indicative bids. Kohl's had said last week that fully financed bids would be…

Let’s get this out of the way first: I was wrong about inflation. When prices began ticking up a little faster than normal early last year, I wasn’t overly concerned. I’d been covering economic policy since 2008, and in that whole time (in fact, in my whole lifetime!), the US had never had a problem with excess inflation. In fact, our main inflation problem was that we had too little of it. The Federal Reserve, which is tasked with managing the money supply to keep inflation steady and unemployment low, set a low…