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The one-to-eight stock split would mean the current number of ordinary shares — which stands at 4 billion — will increase to 32 billion. It comes ahead of a reported Hong Kong...Asia Marketsread more
Minutes from the Reserve Bank of Australia's monetary policy meeting in July showed the central bank was ready to adjust interest rates if required.Asia Marketsread more
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Von der Leyen, one of the longest serving ministers in Germany, has tried to woo European lawmakers over the last two weeks.Europe Newsread more
The findings by McKinsey and Company come amid a year-long tariff fight between the U.S. and China, which has spilled into areas such as technology and security.China Economyread more
Microsoft's considerable reach into the corporate world isn't something Slack CEO Stewart Butterfield is very concerned about.Technologyread more
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In a closed-door meeting at a Manhattan mansion, executives outlined changes to controversial software that was implicated in two crashes.Aerospace & Defenseread more
President Donald Trump and the RNC are picking up key supporters in the business community who did not back him as a candidate in 2016.2020 Electionsread more
The former NBC executive was appointed Monday to lead AT&T's Direct-to-Consumer business and chairman of WarnerMedia Entertainment, which includes HBO, TNT, TBS and truTV. He takes over for longtime HBO CEO Richard Plepler, who resigned Thursday.
In an interview with NBC News' Dylan Byers, Greenblatt blasted Netflix.
"Netflix doesn't have a brand. It's just a place you go to get anything — it's like Encyclopedia Britannica," Greenblatt said, according to Byers. "That's a great business model when you're trying to reach as many people on the planet as you can."
HBO has long positioned itself as the premium content option in an increasingly crowded streaming space. Netflix, Hulu and Amazon have all bolstered their on-demand video services with original programming in a challenge to HBO. And media giants like Disney and Comcast-owned NBCUniversal are about to launch their own services.
"It's getting to be a crowded field," Greenblatt told Byers. "We think there's room to carve out a very good consumer base for us."
Read more from Greenblatt on NBC News.
Disclosure: NBCUniversal is the parent company of NBC and CNBC.