Tag: Netflix
Tech Digest daily roundup: Apple strikes chip deal with US firm Broadcom
Apple says it has struck a multi-billion dollar deal with chipmaker Broadcom to use more US-made parts. Under the multi-year agreement, the two US companies will develop components for 5G devices that will be designed and manufactured in America. Apple says the deal is part of a plan it announced in 2021 to invest $430bn…
Tech Digest daily roundup: Tech firms report poor financial results
Three of Silicon Valley’s largest companies posted disappointing financial results on Thursday, compounding concerns about a slowdown in the tech sector. Recession fears have hit both corporate and consumer spending globally, leading to the likes of Apple, Alphabet and Amazon all signalling a tough recovery from the highs of 2021. Alphabet, the parent company of…
Tech Digest daily roundup: Google to cut 12,000 jobs worldwide
Google's parent company Alphabet will cut 12,000 jobs, in the latest staff redundancies to hit the tech industry. Google and Alphabet CEO Sundar Pichai said he took "full responsibility" for the cuts, in an internal email. The cuts will affect 6% of Alphabet's workforce worldwide, in teams including recruitment and engineering. This comes days after…
Tech Digest daily roundup: Amazon could have to pay UK shoppers £900m compensation
Amazon shoppers in the UK could receive a share of £900m in compensation, once a legal claim is submitted against the technology giant. The proposed claim alleges the company breached competition law and caused customers to pay higher prices. It is being led by consumer-rights champion Julie Hunter, who alleges independent sellers are excluded from…
Tech Digest daily roundup: Amazon launches online insurance store
Amazon has launched a small online insurance store in the UK, with an initial focus on home policies. It has just three insurers on board and plans to add more next year. At first, the Amazon Insurance Store will only be available to a limited number of Amazon UK account holders, and payment will be…
Tech Digest daily roundup: Nearly 1 million Brits have cancelled streaming services this year
Almost 1m British households have given up on the streaming revolution so far this year, as the cost of living crisis forces increasingly budget-conscious consumers to stop taking services such as Netflix, Amazon Prime Video and Disney+. The premiere of two of the most-hyped and expensive shows of all time – the $650m (£580m) productions of Rings of…
2 in 3 Americans find it ‘nearly impossible’ to get through TV and movie watch list
The average American has 13 TV shows and 16 movies on their watch list to get through — averaging 104 total hours — enough content to last for a globe-trotting flight around the world twice over. That's according to a survey of 2,000 adults which discovered 68% of Americans have a TV show and movie…
Young adults watch 7 times less broadcast TV than over 65s
Younger adults now watch almost seven times less scheduled TV than those aged 65 and over, Ofcom has found, as the generation gap in media habits reaches a record high. People aged 16-24 spend less than an hour (53 minutes) in front of broadcast TV in an average day – a fall of two-thirds in the…
Tech Digest daily roundup: Disney+ subscriber numbers edge past Netflix
Walt Disney edged past Netflix with a total of 221 million streaming subscribers at the end of the most recent quarter and announced it will launch a Disney+ option with advertising this December. In the just-ended quarter, Disney+ added 14.4 million Disney+ customers, beating the consensus of 10 million expected by analysts polled by FactSet, as it…
Tech Digest daily roundup: Netflix to remove ‘worst horror film ever made’
A film dubbed the “worst horror film ever made” is set to be removed from Netflix UK’s streaming catalogue in a matter of days. Polaroid, first released in 2019, tells the story of a cursed polaroid camera. According to the official synopsis, the plot is as follows: “High school loner Bird Fitcher finds a vintage Polaroid camera…
