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Netflix aims to curtail password sharing, considers ads

An unexpectedly sharp drop in subscribers has Netflix considering changes it has long resisted: Minimizing password sharing and creating a low-cost subscription supported by advertising.

Looming changes announced late on April 19 are designed to help Netflix regain momentum lost over the past year.

iPhone, Macbook makers halt Shanghai production over COVID

Several electronics companies, including iPhone and Macbook makers, have halted production in the Chinese cities of Shanghai and Kunshan, adding to supply chain woes under Beijing's strict zero-COVID measures.

The business hub of Shanghai has become the heart of China's biggest COVID-19 outbreak since the virus surfaced more than two years ago.

Crypto-curious corporations struggle to find right recipe

Four years ago, fried-chicken chain KFC tweeted from its Canadian account that it would accept bitcoin as payment for its "buckets."

The company told AFP its tongue-in-cheek campaign - "digital tender for chicken tenders" - sold out in an hour and the chain has not taken crypto payments since, but online articles regularly recycle the claim that KFC "accepts" bitcoin.

The end of the drama in "Apple"; hostage crisis over - kidnapper arrested VIDEO

The Dutch "Telegraph" writes that the kidnapper was arrested when a hostage went to the door to take the package, but he started to flee.
A kidnapper followed him, but shortly afterwards he was hit by a police car and injured. His condition is not yet known.

Amazon holiday quarter profit doubles

Amazon has reported its profit doubled to $14 billion in the crucial holiday quarter, giving a boost to jittery markets that expected less due to higher labor, sourcing and delivery costs.

The e-commerce colossus said its net sales climbed to $137 billion, and its profit benefited greatly from a return on investment in electric vehicle maker Rivian, which went public in November.

Apple CEO Tim Cook announces opening of new store in Istanbul

U.S. tech firm Apple's CEO Tim Cook announced on Oct. 22 the opening of a new store in Turkish metropolitan Istanbul's Bağdat Avenue.

"Introducing Apple Bağdat Caddesi, our beautiful new store in Istanbul. We're glad to be a part of this vibrant community and we can't wait to welcome customers to this spectacular new space," Cook wrote on his personal Twitter.

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