How Netflix has changed the global entertainment industry
Benedict Wong and Liam Cunningham in “3 Body Problem.” Since Netflix began its worldwide expansion in 2016, the streaming service has rewritten the playbook for global entertainment — from TV to film, and, more recently, live entertainment and video games. Hollywood used to export most global hit series and movies. Through Netflix’s investments in international…
Oil prices could drop 20% in the next 2 years if the US implements tariffs, Goldman Sachs says
Oil prices could struggle in the coming years, Goldman Sachs says. The firm’s commodities analysts say Brent crude prices could drop to the low $60s per barrel by the end of 2026 if President-elect Donald Trump implements his tariff proposals, or if OPEC+ increases output through next year. That forecast marks a 20% drop from…
Amazon tries again, with another $4 billion, to get Anthropic to use its AI chips rather than Nvidia GPUs
Dario Amodei, former OpenAI employee turned Anthropic CEO, at TechCrunch Disrupt 2023. Amazon’s Trainium chips are about to get a lot busier. At least that’s what Amazon hopes will happen after it pumps another $4 billion into AI startup Anthropic. The two companies announced a huge new deal on Friday that brings Amazon’s total investment…
American Airlines is starting to shame passengers who try to board too early
American Airlines is rolling out software that will alert staff to passengers who try to board too early. American Airlines is cracking down on passengers who try to sneak their way into an earlier boarding group. The airline is introducing new technology that helps gate agents catch overeager boarders at more than 100 airports across…
Boeing faces further delays to new 737 Max jets as regulator reviews engine issue
Two Southwest Airlines jets made emergency landings after bird strikes caused smoke on board. Boeing could face further delays to new jets as regulators examine an engine issue. It comes after two incidents on Southwest Airlines Boeing 737 Max jets last year. In March 2023, smoke poured into the cabin after a bird hit an…
America’s allies in Syria hope they can sway Trump’s decisions about US troops there
The US has around 900 troops in Syria that are part of an anti-jihadist coalition and protects oil fields in the country’s northeast. For almost a decade, US troops have been on the ground in Syria to assist Kurdish-led forces in the defeat of the infamous Islamic State. These forces tamp down on the ISIS…
Biden is scrambling to change the war in Ukraine before Trump takes over
Ukrainian troops install anti-tank mines and other obstacles along the front lines near Chasiv Yar on October 30. President Joe Biden has been scrambling to get Ukraine help ahead of President-elect Donald Trump’s return to the White House, pushing through a range of last-minute measures. Over a period of only days, the US has given…
Trump’s hush-money sentencing has now officially been postponed
Donald Trump at his criminal hush-money trial in New York. President-elect Donald Trump’s sentencing in his New York criminal case will not move forward next week, a Manhattan judge ruled Friday. The sentencing in the former and future president’s hush-money case had been on the calendar for Tuesday. Justice Juan Merchan of the New York…
Gold could jump 11% next year as central banks ramp up their buying spree, Goldman Sachs economist says
The price of gold could hit $3,000 an ounce next year as central bankers continue to scoop up the precious metal, Samantha Dart, the co-head of commodities research at Goldman Sachs, said. The price of gold traded around $2,698 an ounce early Friday, with Dart’s forecast implying 11% upside. That increase will be fueled primarily…
