Tech News

Disney results jump on strong movie slate

Walt Disney Co.’s earnings for the latest quarter sailed passed expectations, boosted by a strong slate of movies such as “Incredibles 2” as the company moves toward closing its $71.3 billion deal to buy 21st Century Fox’s entertainment assets. Disney and other media companies are facing a shifting landscape as more TV watchers switch to […]

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EU approves Disney’s deal to buy Fox entertainment assets

European Union authorities say they have cleared Disney’s acquisition of Fox’s entertainment assets, provided Disney sells off some TV channels it controls in Europe to maintain competition. The EU’s executive Commission said Tuesday it gave its approval to the deal. Disney’s $71.3 billion deal to buy the 21st Century Fox assets, which include Marvel‘s X-Men […]

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Facebook caught in an election-security Catch-22

When it comes to dealing with hate speech and attempted election manipulation, Facebook just can’t win. If it takes a hands-off attitude, it takes the blame for undermining democracy and letting civil society unravel. If it makes the investment necessary to take the problems seriously, it spooks its growth-hungry investors. That dynamic was on display […]

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Netflix’s 3Q subscriber growth gets rave reviews on Wall St.

Netflix regained its stride with surprisingly strong subscriber growth in the third quarter, after an unexpected springtime stumble triggered fears that it was losing its allure. The video-streaming service added 7 million subscribers worldwide from July through September, far above the company’s target of 5 million and exceeding analyst projections. Netflix fell well shy of […]