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Netflix gains subscribers with ads and password crackdown
Netflix gains subscribers with ads and password crackdown
by  AFP

Netflix on Wednesday said subscriber numbers grew more than 10 percent to 247 million in the recently ended third quarter as it cracked down on passwords and refined an ad-supported tier. The streaming service said in an earnings report that its nascent ad-supported offering was gaining traction, with the number of members increasing nearly 70 percent in the quarter.

Premier League eyes biggest ever TV rights deal by selling 70 more matches
Premier League eyes biggest ever TV rights deal by selling 70 more matches
by  AFP

The Premier League is aiming to smash its own record domestic television rights deal after making 70 more matches available for broadcast from 2025. Premier League clubs already enjoy a huge financial advantage over their European competitors due to far more lucrative domestic and international TV rights deals. kca/ea

ECB greenlights next stage of digital euro project
ECB greenlights next stage of digital euro project
by  AFP

The European Central Bank moved closer to creating a "digital euro" Wednesday by greenlighting the next stage in the project, even as questions persist about the potential benefits and risks. Central bank-backed digital currencies (CBDCs) have been touted as a risk-free alternative to private, highly volatile cryptocurrencies like Bitcoin which have seen a rise in popularity in recent years.

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