Hulu is following Netflix down the red ink path. In its earnings results on Wednesday, Hulu shareholder 21st Century Fox revealed that the video streaming service’s losses more than doubled in the March quarter from a year earlier. Fox’s share of the losses rose to $148 million, which translates to just shy of $493 million for the entire service. For the first nine months, Hulu’s losses rose to...
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Robinhood Hits New Low Amid Crypto Selloff; Lit Protocol Connects NFT Owners
Cryptocurrencies are down from their historic highs seen in November, as is Coinbase, the leading American cryptocurrency exchange by trading volume. But Robinhood, the company operating a popular retail trading platform for both stocks and cryptocurrencies, has had the worst decline of the bunch. Bitcoin and ethereum are both down more than 45% from $69,000 and $4,800, their all-time high...
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