Los Angeles CNN — Netflix has raised its prices again. The streaming giant said in its third-quarter earnings report that its premium ad-free plan in the United States will increase by $3 per month, to $22.99, starting Wednesday. Its one-stream basic plan will rise to $11.99 in the United States. All other plans, including its … Read more
New York CNN — Tesla reported a drop in third-quarter earnings as the electric vehicle maker fell short of Wall Street expectations. Tesla reported adjusted earnings of $2.3 billion in the quarter, or 66 cents a share, down 37% from a year earlier and the smallest profits it reported in two years. Analysts surveyed by … Read more
Taipei CNN — Taiwan’s Foxconn says it plans to build artificial intelligence (AI) data factories with technology from American chip giant Nvidia, as the electronics maker ramps up efforts to become a major global player in electric car manufacturing. Foxconn Chairman Young Liu and Nvidia CEO Jensen Huang jointly announced the plans on Wednesday in … Read more
Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here. CNN — The dawn of the A.I. labor dispute era has begun. The Writers Guild of America this week became the first major labor union to secure a contract … Read more
CNN — A New York judge has found Donald Trump and his adult sons liable for fraud and canceled the Trump Organization’s business certification, saying the Trumps provided false financial statements for roughly a decade. Judge Arthur Engoron’s ruling came days before the civil case involving the New York attorney general’s office and the former … Read more