Netflix plummets 20% after the streaming giant issues disappointing outlook for subscriber growth

Netflix Netflix stock slid 20% on Friday after issuing a downbeat outlook for subscriber growth.  The streaming platform sees Q1 2022 additions of 2.5 million subscribers vs. 3.98 million added in Q1 2021.  Q4 earnings of $1.33 a share exceeded expectations of $0.83 a share.  Netflix stock lost a fifth of its value on Friday, with investors showing...

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Boosters are about 89% effective against Omicron hospitalization, real-world data shows — highlighting the stark difference between unvaccinated people and those who've had 3 shots.

A Thai healthcare worker receives a booster dose of Pfizer's vaccine.Vichan Poti/Pacific Press/LightRocket via Getty Images Boosters offer "remarkable" protection against hospitalization with Omicron. Real-world data suggests they're 89% effective against hospitalization for at least three months. Hospitalization rates for unvaccinated Americans...

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Colombia's 'king of narco-submarines' is going down, but narco subs are more popular than ever

Sailors ride atop a 10-meter submarine packed with 5.8 tons of cocaine as it is towed into the port of Salina Cruz, Mexico, July 18, 2008.Luis Alberto Cruz Hernandez/AP Óscar Moreno Ricardo was arrested in Medellín in early January. Colombian prosecutors say Moreno Ricardo was largely responsible for the proliferation of cocaine-laden semi-submersibles...

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Biden officials embark on media campaign, including Fox News hit, in a push to sell his flagging agenda

U.S. President Joe Biden.Chip Somodevilla/Getty Images The Biden admin is in reset mode amid a series of setbacks.  Top admin officials were interviewed on cable news networks, and the president gave a marathon press conference.  The president faces a tough task in turning things around before the mid-terms.  Amid a series of setbacks and with...

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Trump mulls endorsing multiple GOP candidates per mid-term race to increase chances that his picks win, Politico report says

Former President Donald Trump smiles as Sen Chuck Grassley (R-IA) speaks during a rally at the Iowa State Fairgrounds on October 09, 2021 in Des Moines, Iowa. Trump endorsed Grassley for reelection at the event.Scott Olson/Getty Images Trump is considering backing rival candidates in some mid-term races, Politico reported.  Candidates are clamoring...

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Bitcoin billionaire Mike Novogratz says plunging crypto will have a hard time rallying until stocks find a base

Mike Novogratz.Bryan Bedder/Getty Images for Hudson River Park Mike Novogratz said cryptocurrencies will struggle to pull out of their sell-off if stocks keep falling. The crypto billionaire said Thursday this is a bear market, and told people to sell rallies and not buy dips. The crypto sell-off intensified Friday, as bitcoin fell 10% to a six-month...

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US warns of 'united, swift and severe' response at high-stakes meeting meant to avert a Russian invasion of Ukraine

Russia's President Vladimir Putin looks through binoculars during the main stage of the Zapad 2021 joint Russian-Belarusian military exercises.Sergei Savostyanov/Getty Images The US Secretary of State and Russia's foreign minister met Friday to talk about Ukraine. The US warned Russia of a "united, swift and severe" if it invades its neighbor. Russia...

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The Senate took a big step towards regulating Big Tech

Senator Amy Klobuchar is one of the bill's cosponsors.Chip Somodevilla/Getty Images A Senate Judiciary Committee voted to advance a bill aimed at reining in Big Tech. If passed, the bill would ban tech platforms from giving preferential treatment to their own products. The bill now heads to the Senate floor. A Senate Judiciary Committee voted 16-6...

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Samsung pulls ad featuring a Muslim mom's loving acceptance of her drag-queen son after a conservative backlash in Singapore

A still from the deleted Samsung advert.Samsung/WakeUpSingapore Samsung axed an advert in its Singapore market showing a mom supporting her drag queen son. The company said Tuesday that said some customers found it "insensitive and offensive." Gay marriage is still illegal in Singapore, despite growing acceptance of the LGBT community. Samsung pulled...

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479 leaked photos purporting to show Putin's secret palace, with an ice rink and pole-dancing room, published by Navalny foundation

A composite image of a building exterior, bedroom, and pole-dancing area which Alexei Navalny's Anti-Corruption Foundation said show a palace owned by Vladimir PutinFBK A vast cache of images supposedly showing Putin's secret palace was published Thursday. The foundation of Putin foe Alexei Navalny was behind the leak, and has spoken about the palace...

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