Following a disappointing first quarter in which Netflix lost subscribers for the first time in a decade, the company has announced plans to launch a cheaper, ad-based subscription plan.
A depressed British pound rose slightly against the dollar on Friday, but remained near more than two-year lows as nagging recession fears and political uncertainty weighed on sentiment.
Amazon.com Inc is pausing the construction of six new office buildings in Bellevue and Nashville to reevaluate the designs to suit hybrid work, the tech giant said on Friday.
The decision by Panasonic Energy, a unit of tech conglomerate Panasonic Holdings Corp, to pick Kansas over Oklahoma for the plant comes after Kansas Gov. Laura Kelly pushed the state legislature to approve an incentive package of up to $1 billion earlier this year.
Tesla Inc Chief Executive Officer Elon Musk said on Friday the electric automaker could lower prices for cars if inflation calms down.
