Netflix lost subscribers in North America in the second quarter, a sign of how competitive the video streaming market has become. The company reported that it lost 430,000 subscribers in the U.S. and Canada, shrinking its subscriber base in those countries to 73.95 million. Overall, though, Netflix gained 1.5 million subscribers worldwide, slightly better than it had projected, finishing the...
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Microsoft CEO Says AI ‘Vicious Cycle’ Will Boost Google; Meta and OpenAI’s Other Rivalry
CEOs often speak from both sides of their mouth, depending on who their audience is. On Monday, Microsoft CEO Satya Nadella painted a scary picture of how Google could multiply its power in the age of artificial intelligence. His doom and gloom comments, made before a federal judge in Washington, contrasted with an upbeat Nadella from February who said that Microsoft’s Bing search—then being...
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