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US streaming rivals team up to catch Netflix
US streaming rivals team up to catch Netflix
Business and Economy
by  AFP

US video streaming companies are joining forces to attract new viewers, boost ad sales, and finally turn a profit -- something only Netflix has managed to accomplish so far. The alliances will group more viewers and attract advertising, which is back in favor, including at Netflix.

Japan inflation rises slightly to 2.6% in June
Japan inflation rises slightly to 2.6% in June
Business and Economy
by  AFP

Japanese inflation was slightly higher in June, with prices rising 2.6 percent on-year compared with 2.5 percent in May, internal affairs ministry data showed Friday. Excluding fresh food and energy, Japanese prices rose 2.2 percent in June, following a 2.1 percent rise in May, the internal affairs ministry said. hih/kaf/cwl

Netflix wins subscribers as ad strategy pays off
Netflix wins subscribers as ad strategy pays off
Technology
by  AFP

Netflix on Thursday said it added eight million new subscribers in the second quarter, as the home of hit shows "The Crown" and "Bridgerton" posted its latest financial earnings that exceeded analyst expectations. A renewed warning on Thursday that the results could be lower than expected in the current quarter sent Netflix shares lower in after hours trading.