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The Score: Tesla, UPS, Meta and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week’s news. Source link
By Remaking Twitter, Elon Musk Created an Opening for Rivals
Musk has moved to increase subscription revenue and cut costs, but his changes alienated some users. Source link
DoorDash, Uber Eats, Grubhub Sue New York City Over Wage Law
The companies say new minimum pay rates are based on flawed calculus and will raise consumer prices and limit worker flexibility. Source link
Meta Threads the Right Needle to Poke Twitter
Unlike previous, clunky attempts to create a new Twitter, Mark Zuckerberg’s Threads will effectively be a new extension of a huge social network family. Source
Meta's Threads App Sees Early Success, Drawing Advertiser Interest and Twitter's Ire
In less than 24 hours, the app has signed up more than 30 million users, surged to the top of download charts and become a
Netflix Gains 1.75 Million Subscribers, Axes DVD-Rental Business
The streaming service ended the first quarter with 232.5 million customers and said a password-sharing crackdown in the U.S. would be coming soon. Source link
Netflix Freeloaders Really Have to Kick In Now
The delayed launch of paid sharing has pushed expected benefits to the latter half of the year. Source link
Twitter Chief Elon Musk Tries to Reassure Advertisers
The billionaire says he is receptive to brands’ concerns but will give priority to free speech. Source link