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United States

Vibhuti Sharma

Netflix needs lower prices to woo India

10:38am EDT

MUMBAI/BENGALURU Netflix Inc's Indian operation drew attention in a surge of international subscribers in the third quarter, but it faces fierce competition and a difficult cultural conundrum to make inroads with the country's more than one billion TV viewers.

Netflix record subscriber growth dispels Wall Street worries

Oct 16 2018

Netflix Inc hooked 7 million new streaming subscribers from July to September, a third more than Wall Street had expected, reassuring investors who had worried the company was facing a slowdown in its fast-paced growth. | Video

CORRECTED-UPDATE 4-Tesla shares sink on SEC lawsuit, sources say Musk could settle

Sep 28 2018

* Musk refuses to relinquish leadership for settling with SEC

Carnival sees fuel prices, dollar to weigh on profit, shares fall

Sep 27 2018

Carnival Corp on Thursday forecast fourth-quarter profit below Wall Street estimates due to a strong dollar and rising fuel prices, sending its shares down as much as 8.6 percent.

Sirius XM to buy Pandora in $3.5 billion streaming push

Sep 24 2018

Satellite radio company Sirius XM Holdings Inc will buy online music service Pandora Media Inc in a $3.5 billion all-stock deal that will help it battle growing competition from streaming rivals Spotify and Apple Music. | Video

Adobe to buy marketing software firm Marketo for $4.75 billion

Sep 20 2018

Adobe Systems Inc on Thursday agreed to buy Marketo Inc for $4.75 billion from private equity firm Vista Equity Partners Management, adding heft to its cloud-based digital marketing business.

Coding platform GitLab enters unicorn club after raising $100 million

Sep 19 2018

U.S. coding platform GitLab raised $100 million in its latest round of funding, catapulting the company into the unicorn club with a valuation of more than $1 billion.

Tesla to drop some colour options for cars to simplify production

Sep 11 2018

Tesla Inc will eliminate some colour options for its electric cars to streamline production, Chief Executive Officer Elon Musk tweeted on Tuesday, as the company intensifies its efforts to ramp up production. | Video

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