Crypto winter highlights gold’s warming qualities

LONDON, Nov 25 (Reuters Breakingviews) – The crypto winter is bitterly cold. The frost set in earlier this year with the collapse of Terra, a digital token supposedly pegged to the U.S. dollar. The recent failure of Sam Bankman-Fried’s FTX exchange has further lowered the temperature. The aggregate market capitalisation of cryptocurrencies has shrunk by … Read more

Cryptoverse: Bitcoin wants to break its bond with stocks

Nov 1 (Reuters) – After months of tears and tantrums, bitcoin wants to split up with stock markets. The cryptocurrency, which has been closely correlated with tech stocks for much of its torrid 2022, is staging one of its strongest efforts yet to break away. Its 30-day correlation with the Nasdaq (.IXIC) slid to 0.26 … Read more

Cryptoverse: British pound fiasco boosts bitcoin’s hedge appeal

Oct 25 (Reuters) – As a developed nation, you know your currency’s in a spot of bother when investors start to hedge with bitcoin. After Britain’s brief Prime Minister Liz Truss unleashed her mini-budget on Sept. 23, filling financial markets with dread, a section of investors stampeded away from the pound and towards the cryptocurrency … Read more

Judi Dench says Netflix’s ‘The Crown’ uses ‘rough sensationalism’

LONDON, Oct 20 (Reuters) – British actress Judi Dench has asked Netflix to add a disclaimer to the royal drama “The Crown”, joining a chorus of criticizing the fictional storyline of the series. In a letter to The Times on Thursday, the 87-year-old veteran said as the award-winning show nears its present day “more and … Read more

Google, Netflix under scrutiny in South Korea over network fees

SEOUL, Oct 21 (Reuters) – South Korea’s parliament witnessed heated debate on Friday over a proposed law to make global content providers such as Netflix (NFLX.O) and Alphabet (GOOGL.O) Google pays for South Korea’s network fees. The considerations reflect efforts in Europe by some countries who want the European Commission to pass legislation ensuring some … Read more

Judi Dench says Netflix’s ‘The Crown’ uses ‘crude sensationalism’

LONDON, Oct 20 (Reuters) – British actress Judi Dench has called on Netflix to add a disclaimer to royal drama “The Crown”, joining a chorus of voices criticising the series’ fictionalised storylines. In a letter to The Times on Thursday, the 87-year-old veteran said as the award-winning show approached present times “the more freely it … Read more

Di Argentina, kontrol menelurkan kedelai dan nilai mata uang ‘Netflix’

BUENOS AIRES, 19 Okt (Reuters) – Jose Zegarra, seorang turis Peru di ibu kota Argentina, Buenos Aires, menemukan dengan susah payah bahwa nilai peso negara itu tidak selalu seperti yang terlihat karena kontrol modal yang ketat menelurkan serangkaian perbedaan yang liar. nilai tukar. Ditagih mendekati 150 peso resmi per dolar AS ketika dia membayar makanan … Read more

Netflix targets global TV ad market as next business to disrupt

Streaming giant bets on new, 30% cheaper ad-backed service Global TV advertising market estimated to be worth $153 bln ‘Great move’ in inflationary environment – consultant Ad-supported service to launch in U.S., 11 other markets in Nov Oct 19 (Reuters) – Netflix Inc (NFLX.O) upended the global entertainment industry about a dozen years ago with … Read more

Cryptoverse: Flurry of funds bet on bruised bitcoin’s allure

Oct 18 (Reuters) – A growing number of funds are betting on the long-term appeal of bitcoin and ether, a gritty gambit in the depths of a crypto winter. Unfazed by a collapse in prices over the past 11 months, investment firms have unleashed a flurry of exchange-traded funds, anticipating that elite cryptocurrencies and their … Read more

Netflix reverses subscriber drop, shares jump 10%

LOS ANGELES, Oct 18 (Reuters) – Netflix Inc (NFLX.O) reversed subscriber losses and provided a slightly more bullish view than Wall Street had hoped, projecting new ad-supported streaming options will help attract 4.5 million subscribers by year-end . Netflix shares jumped 10% in after-hours trading on Tuesday to $265.00. Shares of the company, a favorite … Read more