Business

Netflix cuts prices in some markets to lure more subscribers

Netflix is cutting its prices in several of its smaller markets in the latest twist on the video streaming service's efforts to keep its recently revived subscriber growth rolling amid stiffer competition and inflation pressures ...

Business

Ericsson to cut 8,500 jobs worldwide

Telecom equipment maker Ericsson said Friday it would slash 8,500 jobs worldwide, part of a cost-cutting program as financial headwinds push operators to rein in spending.

Internet

Facebook-owner Meta to roll out paid subscription

Facebook, the social network that was supposed to stay free "always," and its stablemate Instagram launched on Sunday a paid subscription service, as the advertising-based business model that has long dominated the internet ...

Business

Facebook ran ads in Moldova for oligarch sanctioned by US

Facebook allowed an exiled Moldovan oligarch with ties to the Kremlin to run ads calling for protests and uprisings against the pro-Western government, even though he and his political party were on U.S. sanctions lists.

Internet

Google strikes back in AI battle with Microsoft

Google on Wednesday announced a slew of features powered by Artificial Intelligence (AI) as it ramped up a battle with Microsoft to maintain its dominance of the web search industry.

Business

Spain court rules against Amazon over freelance drivers

A Spanish court has ruled that over 2,000 people who used their own vehicles to deliver packages for Amazon as self-employed freelancers should have been hired by the firm as formal employees.

Business

Patchwork of issues limits solar expansion in Switzerland

Whether rooftop solar panels are worth the cost is largely dependent in Switzerland on local compensation rates for solar power and on electricity prices in general—these are the findings of a study by researchers at ETH ...

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