Netflix has said it will cut 1,000 jobs globally as the streaming giant faces competition from rivals. The cuts – the steepest since 2022 – will mainly affect its human resources, legal, product and technology teams and equates to around 6% of its total workforce. Last month, Netflix ‘s co-chief executive, Ted Sarandos, told the…
Bags of candy are displayed on a store’s shelves on April 21, 2026, in Miami, Florida. Joe Raedle | Getty Images U.S. consumers are in the midst of one of the longest stretches of elevated inflation of the past century. Some are beginning to act like it’s a new normal, raising alarm bells for members…
Vcg | Visual China Group | Getty Images CoreWeave‘s stock and bonds were both hit on Wednesday as investor fear grew that some technology companies are borrowing too heavily for the artificial intelligence build-out. Shares of the so-called neocloud nosedived 16%, while yields on its debt jumped higher. The yield to maturity on its 9.625%…
Woman shares emotional video of sister flying in from Dublin to surprise her on her 25th birthday A birthday celebration took an unexpected turn when a woman received a surprise visit from her sister. The reunion was captured in an Instagram video that shows how a simple birthday moment became a memorable occasion. Sister surprises…
A Brooklyn novelty shop made it clear Sunday that Molly, a singing and dancing mechanical bird that serves as its unofficial mascot, was not for sale after an incident with Kelly Clarkson. But Tuesday, the store changed its tune. Molly can now be purchased — for $15 million. Adam Rubin, one of the shop’s co-owners,…
The 40-year-old Kenyan man who died on 5 October was diagnosed with Ebola shortly after being admitted to hospital in the capital, Nairobi. A relative had taken him there shortly after picking him up at the airport. He had travelled from DR Congo, through Uganda to Kenya without his illness being detected. Since his death,…
Netflix said on Wednesday it will lay off roughly 6% of its employees, or roughly 1,000 workers, according to a memo obtained by CNBC. The job cuts will largely impact the product, tech, legal and HR teams. “Our mission – to entertain the world – is ambitious, and delivering on it requires us to be…
Every year, an extraordinary natural spectacle unfolds around the Doyang Reservoir in Northeast India’s Nagaland. Every year, as the autumn settles over Nagaland, thousands of migratory Amur falcons make their ways to the hills and forests of Wokha district. This is the time when this corner of Northeast India turns into an extraordinary natural spectacle,…
A woman killed her 3-year-old son and husband before failing to kill herself at a popular Pennsylvania water park, in what authorities on Tuesday called an “ isolated domestic tragedy.” Officers rushed to the Great Wolf Lodge at 3:13 p.m. on Monday after a “distressed female” in Room 2030 “advised the dispatcher that she needed…
Pope Leo XIV’s recovery from surgery to remove a lower lobe of his lung is “progressing as expected”, his doctors have said. The 71-year-old pontiff has started to walk and has “resumed a normal diet” following the roughly 90-minute procedure, the medics said in an update shared by the Vatican. The Pope was diagnosed with…