Netflix loses nearly $45 billion in market
cap after ‘borderline catastrophic’
forecast' showed almost 3.5M FEWER subscribers
for 2022 first quarter
Posted By: Ribicon, 1/20/2022 10:59:38 PM
Netflix dashed hopes for a quick rebound after forecasting weak first-quarter subscriber growth on Thursday, sending shares sinking nearly 20 percent and wiping away most of its remaining pandemic-fueled gains from 2020, just a week after raising prices by up to $2 a month. The streaming platform projected it would add 2.5 million customers for the first quarter of 2022—January through March—less than half of the 5.9 million analysts had initially forecast.(Snip)The projection for the first quarter of 2022 is a steep drop-off from the fourth quarter of last year, with the world's largest streaming service adding 8.3 million customers from October
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Ribicon"
Hate-crime complaints skyrocketed by nearly 100 percent in New York City last year—with reported anti-Asian attacks more than tripling, according to newly released NYPD data. Overall, hate-based complaints jumped from 275 incidents in 2020 to 538 last year, the figures show. The largest portion of complaints was for anti-Jewish crimes, which accounted for 38 percent of all reports, according to the data. Anti-Jewish complaints increased 54 percent year over year, from 134 incidents to 207, according to the numbers. But anti-Asian crimes saw the largest increase in actual incidents, going from 30 in 2020 to 133 last year, for a 343 percent spike.
New Jersey—Considered an engineering marvel of its time, the Transcontinental Railroad was a game changer, connecting the east and west in the back end of the 1800s. The contribution of roughly 20,000 Chinese immigrants proved to be vital in the railway’s completion, but as New Jersey 12-year-old Bryan Zhao discovered, it was widely ignored in his social studies classes growing up.
“It just felt very weird being excluded like we weren’t part of US history and that was completely wrong,” Zhao told PIX11 News.(Snip)Learning about the contributions of Asian Americans will now be part of the curriculum statewide after Governor Phil Murphy signed legislation this week
White House press secretary Jen Psaki doled out some advice during an appearance on The View Friday on how Americans can get over the voting rights bill failing in the U.S. Senate while also shedding some light on her future plans.(Snip)At the end of the interview, Behar also asked Psaki if she still planned to leave the job sometime this year. 'I don't know when I'm leaving. This is an honor and a privilege and I love working for President Obam-Biden,' she said, almost slipping up and saying her ex-boss' name. 'I love spending time with him, hearing what's on his mind. Going on the road
An astrophysicist from Surrey has died after being hit by a stray bullet while lying in bed during a trip to Atlanta. Dr Matthew Willson, 31, from Chertsey, was shot in the early hours of Friday when a weapon was discharged by a group of individuals from a neighbouring block of flats in the suburb of Brookhaven. No suspects have been arrested. According to reports, several residents had phoned the emergency services at about 2am and police attended after multiple shots were fired. Willson was believed to have been visiting his girlfriend in Georgia, having flown to the US last week.(Snip)Police said they believed the incident was a random
Over a quarter of Canadians support putting unvaccinated people in jail for jab refusal, while two-thirds say they would support mandatory vaccinations for all residents over the age of five.
A poll released this week by the Canadian firm Maru Public Opinion claims that 27 per cent of the Canadian public would support the government putting people in prison for a short time simply for being unvaccinated.(Snip)Many Canadians are also supportive of various punitive measures to those who refuse the mandatory vaccine, including 33 per cent who supported banning people from renewing their driving licenses, 37 who supported banning the unvaccinated from publicly funded hospitals and medical services
A woman was charged Thursday with hurling a racial slur at an Asian man on a Manhattan subway—telling him “You people brought the virus here” and then shoving him, cops said. Tandika Wright, 35, approached the 26-year-old victim at 6:15 p.m. Dec. 9 on a southbound F train approaching the 23rd Street station and snarled, “Hey, are you a c—k? You people brought the virus here. You people killed my people,” authorities said.(Snip)Cops say Wright was previously arrested on Dec. 11, 2014, and charged with second-degree murder, but she was ultimately convicted of attempted manslaughter in the first degree and served prison time
NYPD officers were heckled for arresting five organized anti-vax mandate protesters and detaining a nine year-old girl Wednesday after they barged into the Natural History Museum without showing proof of COVID vaccination. The arrests, which come amid soaring crime in the Big Apple, took place on Wednesday. Trouble began when a half-dozen purported members of the New York Freedom Rally—a group that has been staging anti-vax protests throughout the city—attempted to enter the Manhattan museum without showing their vaccine passports in violation of rules. Those require every visitor five years and older to show proof of vaccination. The nine year-old, named Jayla,
A new generation of liberal Democrats is entering the political arena with a rush of AOC-inspired young left-wing candidates looking to oust the party’s old guard this year. Justice Democrats, the political action committee that helped elect “The Squad”—the ultra-liberal group of six congressional House members led by New York’s Alexandria Ocasio-Cortez—is mobilizing around a new slate of candidates running primary challenges this year against several incumbent Democrats. The new faces are younger and more diverse, and back far-left policies like the Green New Deal and universal health care that have given pause to moderate members.(Snip)Justice Democrats is backing at least six
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The US has alleged that Russian intelligence is recruiting current and former Ukrainian government officials to take over the government in Kyiv and cooperate with a Russian occupying force.
The US Treasury on Thursday imposed sanctions on two Ukrainian members of parliament and two former officials it said were involved in the alleged conspiracy, which involved discrediting the current government of the president, Volodymyr Zelenskiy. “Russia has directed its intelligence services to recruit current and former Ukrainian government officials to prepare to take over the government of Ukraine and to control Ukraine’s critical infrastructure with an occupying Russian force,” the Treasury statement accompanying the sanctions said.
Netflix dashed hopes for a quick rebound after forecasting weak first-quarter subscriber growth on Thursday, sending shares sinking nearly 20 percent and wiping away most of its remaining pandemic-fueled gains from 2020, just a week after raising prices by up to $2 a month. The streaming platform projected it would add 2.5 million customers for the first quarter of 2022—January through March—less than half of the 5.9 million analysts had initially forecast.(Snip)The projection for the first quarter of 2022 is a steep drop-off from the fourth quarter of last year, with the world's largest streaming service adding 8.3 million customers from October
According to KrebsonSecurity, the IRS announced that by the summer of 2022, the only way to log into irs.gov will be through ID.me. Founded by former Army Rangers in 2010, the McLean-based company has evolved to providing online ID verification services which several states are using to help reduce unemployment and pandemic-assistance fraud. The company claims to have 64 million users. Some 27 states already use ID.me to screen for identity thieves applying for benefits in someone else’s name, and now the IRS is joining them. The service requires applicants to supply a great deal more information than typically requested for online verification schemes, such as scans
Most Active Articles (last 48 hours)
LOS ANGELES, California—Governor Gavin Newsom professed shock and outrage as he visited the site of mass looting of cargo trains in L.A. on Thursday, helping clean up debris and touting his recent plan to help law enforcement fight theft. (Photo) “I’m asking myself, what the hell is going on? We look like a third-world country,” Newsom said, before apologizing for using the word “gangs” to describe the attacks on the trains, stressing that he did not mean the word in a “pejorative” way.
Meat Loaf, the heavyweight rock superstar loved by millions for his “Bat Out of Hell” album and for such theatrical, dark-hearted anthems as “Paradise by the Dashboard Light,” “Two Out of Three Ain’t Bad,” and “I’d Do Anything for Love (But I Won’t Do That),” has died. He was 74.
The singer born Marvin Lee Aday died Thursday, according to a family statement posted on his official Facebook page.
“Our hearts are broken to announce that the incomparable Meat Loaf passed away tonight,” the statement said
President Joe Biden’s inauguration last year was a star-studded event hosted by Tom Hanks, who had endorsed the Democrat and raised funds for his campaign. Now, Biden has enlisted Hanks’ help once again, this time to narrate and appear in a video that puts the president’s stormy first year in office in the best possible light.
Democrats accused Sen. Minority Leader Mitch McConnell of racism for remarks he made about black Americans voting at just as high a percentage as 'Americans' after their voting rights package failed to make it through the Senate. The Kentucky Republican was asked by a reporter what his message is to voters of color who are 'concerned' that they won't be able to vote in the midterm election. 'Well, the concern is misplaced because you if you look at the statistics, African-American voters are voting in just as high a percentage as Americans,' McConnell said in response.
As the Biden presidency enters its second year, Treasury Secretary Janet Yellen called the Commander-in-Chief’s economic policy a “remarkable success.”During an interview with CNBC, Yellen lauded decreases in the unemployment rate while expressing hope for lower inflation. “A year ago, if you go back to the challenges that we were facing, and the Federal Reserve was facing, unemployment was extremely high. We were all worried that we would be facing a situation like we had after 2008, when it took almost a decade to get back to full employment,” Yellen said. “
Comedian and actress Kathy Griffin claimed CNN president Jeff Zucker slashed her pay after she had asked for a raise as co-host of the network's New Year's Eve special.
In a profile published Wednesday in The New York Times, Griffin recalled reaching out to Zucker 10 days before the broadcast in 2016 and told him she felt she deserved more than her $80,000 contract since "she was carrying more of the prep work" than her co-host, CNN anchor Anderson Cooper.
According to Griffin, Zucker "got very offended." "He started yelling at me and he literally said something like, ‘Who do you think you are calling here demanding a raise?’
The US has warned of a 'united, swift and severe' response if Putin invades Ukraine as Secretary of State Antony Blinken arrived for talks with his Russian counterpart in Switzerland today. Blinken, arriving at the Geneva hotel where the crunch talks are now taking place, said Washington is 'committed to a path of diplomacy' for resolving border tensions between Russian and its ex-Soviet neighbour. But he added that America stands ready with a 'united, swift and severe' response if Moscow invades. 'This is a critical moment,' he said.Both sides said they are not expecting a 'breakthrough' today,
Austrian Parliament Votes Overwhelmingly
to Introduce Mandatory Vaccination for
All Adults 28 replies
to Introduce Mandatory Vaccination for
All Adults 28 replies
In a vote of 137 to just 33, the Austrian parliament has overwhelmingly voted to make vaccination against the Wuhan coronavirus mandatory for all residents over the age of 18.
The Austrian parliament voted to approve the new mandatory vaccination policity on Thursday night, which will include all adults over the age of 18 who have their primary or secondary residency in the country. Austrians who have taken one or two doses most of the Wuhan coronavirus vaccines, except for the Chinese Sinovac or the Russian Spunik V vaccines, will be considered fully vaccinated but those who refuse to take the vaccine could face a fine
Build up or pay up. That is the message Massachusetts is sending to 175 cities and suburbs in the Boston area, as a bill passed last year to boost housing production begins to take effect. Almost every jurisdiction in Eastern Massachusetts, from the New Hampshire border to Worcester to the Cape Cod Canal, will have to do its part zoning for 344,000 new units of as-of-right multifamily housing—or lose access to some state grant programs. That mean allowing apartments in many tony subdivisions currently reserved for single-family homes. For perspective, all of Massachusetts currently builds just 15,000 new units
Ask any Democrat or other leftist whether the FBI was corrupt under J. Edgar Hoover and he or she will eagerly agree. (snip) Now, though, it appears that the FBI, with help from the DOJ, is going Hoover one better, and using all the old powers plus modern technology to investigate and arrest people who fail to support the Biden administration. The FBI’s latest target is Texas Representative Henry Cuellar, a Democrat, who spoke out against Biden’s illegal acts erasing America’s southern border. (snip) Unfortunately, in Biden’s America, if you cross the administration, sooner or later it seems as if the FBI comes a’knockin’.
NYPD officers were heckled for arresting five organized anti-vax mandate protesters and detaining a nine year-old girl Wednesday after they barged into the Natural History Museum without showing proof of COVID vaccination. The arrests, which come amid soaring crime in the Big Apple, took place on Wednesday. Trouble began when a half-dozen purported members of the New York Freedom Rally—a group that has been staging anti-vax protests throughout the city—attempted to enter the Manhattan museum without showing their vaccine passports in violation of rules. Those require every visitor five years and older to show proof of vaccination. The nine year-old, named Jayla,
White House press secretary Jen Psaki doled out some advice during an appearance on The View Friday on how Americans can get over the voting rights bill failing in the U.S. Senate while also shedding some light on her future plans.(Snip)At the end of the interview, Behar also asked Psaki if she still planned to leave the job sometime this year. 'I don't know when I'm leaving. This is an honor and a privilege and I love working for President Obam-Biden,' she said, almost slipping up and saying her ex-boss' name. 'I love spending time with him, hearing what's on his mind. Going on the road
Comments:
Gee, that's too bad. Are people demanding even more child sexual behavior, or the long-awaited Harry Markle material, or what?