Most U.S. hedge funds aren't expecting another big stock market sell-off as more firms curb bets on volatility, according to Nomura.Marketsread more
President Trump stands a chance of creating a new economic world order in his China trade fight, says the chief economic advisor of Allianz.Economyread more
A sell-off in chip stocks intensified following a report that chipmakers are cutting ties with Huawei after the Trump administration's ban.Marketsread more
Ford Motor said Monday that it is laying off about 7,000 salaried workers, about 10% of that global workforce, as part of a restructuring plan designed to save the No. 2...Autosread more
Google announced Google Glass Enterprise Edition 2 on Monday, a new set of smart glasses that's catered toward businesses and costs $999. Google has focused on business use...Technologyread more
More than 170 shoe retailers, including Nike, Under Armour, Adidas, Foot Locker, Ugg and Off Broadway Shoe Warehouse, have penned a letter to the White House asking President...Retailread more
Microsoft on Monday announced new moderation for its Xbox platform in an effort to cut down on toxic content and to make gaming safer for everyone.Technologyread more
Before the winner would even get a dime, more than $54 million would be withheld for federal taxes. Much more would likely be due at tax time.Personal Financeread more
People investing in some technology stocks should not expect them to go up anytime soon, warns the "Mad Money" host.Investingread more
The finalists from the Council for Economic Education's National Economics Challenge will put their problem-solving skills to the test Monday in a high school economics...US Economyread more
Let's all breathe a sigh of relief: If you share a Netflix password, you won't be forced into paying for your own separate account yet, the CEO said on Monday.
"In terms of [password sharing], no plans on making any changes there," co-founder and CEO Reed Hastings said during the company's third-quarter earnings webcast. "Password sharing is something you have to learn to live with, because there's so much legitimate password sharing, like you sharing with your spouse, with your kids .... so there's no bright line, and we're doing fine as is."
Hastings' reiteration of Netflix's stance comes amid a rumor making the rounds on social media. A ruling by a federal appeals court did make the act of sharing passwords a federal crime, Money magazine reported this summer. But the ruling is designed to target "hacking," not ordinary conduct, a judge on the case wrote at the time, according to Money.
Indeed, Netflix's standard plan allows watching on two screens at the same time, while its premium plan allows four screens of simultaneous play.
But if you use a virtual private network (VPN) to access content that's not available in your country, your workaround may not stay intact for long, Hastings said.
"I think we've been very successful in finding technological ways of inhibiting the cross-border VPNs," Hastings said. "Like I had mentioned, we didn't win the bidding for the [rights to] the Disney movies in the U.K., so it's clearly not fair to allow our U.K. subscribers to watch the Disney from Canada or the U.S. So we've found, with the help of the studios, some more technology to enforce their rights."
If you're in that category, Hastings assured that Netflix is trying to get global rights to its content.
"Then it's available to everyone, which is clearly what consumers want," Hastings said.