Disney+ to Follow Netflix’s Lead and Crack Down on Password Sharing
Video Credit: Wibbitz Top Stories - Duration: 01:29s - Published
Disney+ to Follow Netflix’s Lead and Crack Down on Password Sharing
Disney+ to Follow Netflix’s Lead , and Crack Down on Password Sharing.
On Aug.
9, Disney CEO Bob Iger
said that the company is examining account
sharing and will have more details about
curbing the issue later this year, CNBC reports.
.
We already have the technical
capability to monitor much of this.
I’m not going to give a specific number,
except to say that it is significant, Bob Iger, via statement.
While plans to stop password sharing
won't be finished in 2024, .
Disney will implement some tactics next year that are expected to mitigate the issue.
.
Those tactics have yet to be revealed.
Disney's actions come as Netflix enacted similar measures earlier this year.
.
Disney's actions come as Netflix enacted similar measures earlier this year.
.
In July, Netflix said that its fight against
password sharing resulted in 5.9 million customers subscribing to the platform in Q2, CNBC reports.
.
Previously, Netflix said that over 100 million global households shared accounts.
.
Streamers claim that shared accounts make it more difficult to invest in content.
Meanwhile, Disney announced
that its prices will be going up.
Its ad-free option will soon cost $13.99 a month, and ad-free Hulu, which is under its umbrella, will cost $17.99 a month.
Its ad-free option will soon cost $13.99 a month, and ad-free Hulu, which is under its umbrella, will cost $17.99 a month.
Both Disney+ and Hulu tiers that support
ads will retain their current prices.
'Inside Out 2' just hit a major box office milestone and made history! The Pixar and Disney film has crossed the $1 billion mark at the global box office in record time for an animated film after playing a major role in reviving the summer box office. The movie achieved the feat on Sunday, its 19th day in release. That's faster than any animated film in history.
Credit: The Hollywood Reporter Duration: 01:45Published
Disney and DeSantis End Conflict , With Deal on 15-Year Expansion Plan.
Disney and DeSantis End Conflict , With Deal on 15-Year Expansion Plan.
Disney and the Florida governor have been at odds since 2022, when Disney's former CEO, Bob Chapek, criticized Florida's "Don't Say Gay" law.
Disney and the Florida governor have been at odds since 2022, when Disney's former CEO, Bob Chapek, criticized Florida's "Don't Say Gay" law.
From that point on, Gov. DeSantis seemed to do whatever he could to make it difficult for Disney to operate and expand in Florida.
But the two parties have finally reached an agreement to end their feud, Reuters reports. .
The Walt Disney World Resort will
be allowed to continue development in
the Orlando area for the next 15 years.
The company said it would shell
out at least $8 billion over 10 years, .
and $17 billion over the next 10 to 20 years. .
Disney will also grow its affordable housing
initiative and make sure that at least half of its spending for the project goes to Florida businesses.
Additionally, the company will
be allowed to build another theme park,
add more retail and office spaces...
and expand its hotel rooms by about 14,000.
Disney President Jeff Vahle issued a statement.
This new development agreement
paves the way for us to invest billions
of dollars in Walt Disney World Resort, , Jeff Vahle, Disney president, via statement .
... supporting the growth of this global
destination, fueling the Florida economy, and
allowing us to deliver even more memorable
and extraordinary experiences for our guests, Jeff Vahle, Disney president, via statement
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The debut of 'The Acolyte' brought in big numbers for Disney+. The streamer says that the 'Star Wars' series recorded the best opening for a show on Disney+ so far this year, with the premiere episode recording 11.1 million views worldwide over five days. 'The Acolyte' fell somewhat shy of the premiere of fellow 'Star Wars' series 'Ahsoka,' which drew 14 million views over its first five days in August 2023.
Credit: The Hollywood Reporter Duration: 01:24Published
Disney is making a splash and dropping the first trailer for 'Moana 2!' Dwayne Johnson and Auli'i Cravalho are back in action for the sequel film which centers on Moana voiced by Cravalho heading out on an unexpected adventure in long-lost waters after receiving a call from her trailblazing ancestors. Johnson reprises his role as demigod Maui.
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Marvel is resurrecting Vision once again for his own TV series. The character will be at the center of the studio's first new series order in some time. The untitled show is currently on track for a 2026 premiere on Disney+. Terry Matalas of 'Star Trek: Picard' is set to be the showrunner. A writer's room for the series opened this week. Paul Bettany will reprise his role as Vision, which spans three Marvel films and the Disney+ series 'WandaVision.' (As well as the voice work he did on the three 'Iron Man' movies.)
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A behind-the-scenes look at the fifth and final season of 'Stranger Things' just dropped! Netflix shared a new video that gives fans a first look at the show's cast and crew working on season five. While season five is the show's final season, there are additional 'Stranger Things' projects in the works, including: 'Stranger Things: The First Shadow' live on stage and an untitled animated spinoff series.
Credit: The Hollywood Reporter Duration: 01:57Published
Watch John Cena's emotional retirement announcement from WWE, set for 2025. Cena reveals his plans for final appearances and historic moments on Monday Night Raw moving to Netflix.
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'Beverly Hills Cop: Axel F' starring Eddie Murphy is just one of the original movies hitting Netflix in July. Here's what else is coming to and leaving the streaming platform throughout the month.
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Matt and Ben's latest team up is headed for Netflix! The streaming service has acquired the rights to 'RIP,' the thriller costarring Matt Damon and Ben Affleck. Damon and Affleck's production company, Artists Equity, is behind the project which is being directed by Joe Carnahan. Plot details for the film are still being kept under wraps but is aiming for a fall shoot.
Credit: The Hollywood Reporter Duration: 01:09Published
It's an SNL reunion. Will Forte is reuniting with his former 'Saturday Night Live' castmate Tina Fey for his next series role. Forte, is heading back to Netflix to join the cast of 'The Four Seasons' at the streamer. The series, based on the 1981 film of the same name, stars and was co-created by Fey. The cast also includes Steve Carell, Colman Domingo, Kerri Kenney-Silver and Erika Henningsen.
Credit: The Hollywood Reporter Duration: 01:00Published
At the 10th annual Bentonville Film Festival on June 15, actors Michaela Watkins (Hulu's 'Casual') and Cassandra Freeman (Peacock's 'Bel-Air') reenacted a classic scene from 'Goodfellas' as part of "Geena and Friends," a yearly showcase of iconically-male movie moments performed onstage by women. Led by festival co-founder and Oscar-winner Davis, the ensemble was rounded out by Saara Chaudry (Disney+'s 'The Mysterious Benedict Society') and Tika Sumpter (Paramount's 'Sonic' movies).
Credit: The Hollywood Reporter Duration: 28:12Published
Emmy-nominated actress Joey King joins The Hollywood Reporter's Tyler Coates for a conversation about her lead role in Hulu's limited series 'We Were the Lucky Ones,' about family members who are separated during the Holocaust, while at a live event hosted by the San Vicente Bungalows in Los Angeles.
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Walgreens Plans , ‘Significant’ Store Closures.
On June 27, Walgreens announced quarterly earnings
that were poorer than expected, NBC News reports.
The company's stock fell 15% in pre-market trading.
CEO Tim Wentworth issued a press release.
We continue to face a difficult operating
environment, including persistent
pressures on the U.S. consumer and the
impact of recent marketplace dynamics
which have eroded pharmacy margins, Tim Wentworth, Walgreens CEO, via press release.
Our results and outlook
reflect these headwinds, Tim Wentworth, Walgreens CEO, via press release.
Wentworth elaborated in an interview with CNBC.
The consumer is absolutely stunned by
the absolute prices of things, and the
fact that some of them may not be
inflating doesn’t actually change their
resistance to the current pricing, Tim Wentworth, Walgreens CEO, via CNBC.
On a call with analysts, Wentworth said that Walgreens' strategy will have to "include the closure of a significant portion of these underperforming stores.".
75% of our stores drive 100% of our
profitability today. What that means is
the others we take a hard look at, we are
going to finalize a number that we will close, Tim Wentworth, Walgreens CEO, via call with analysts.
The pharmacy chain currently
operates about 8,600 stores
Credit: Wibbitz Top Stories Duration: 01:30Published
US Water System May Be , Vulnerable to Cyberattack, by China, Russia and Iran.
CNBC reports that the United States
water system has been the target of a series
of cyberattacks over the past few years. .
In response, the Environmental Protection Agency
(EPA) has been forced to issue an alert warning
that 70% of water systems do not comply
with the Safe Drinking Water Act.
According to the EPA, some have “alarming
cybersecurity vulnerabilities,” including
unchanged default passwords and former
employees who retain access to vital systems.
In February, the FBI issued a warning to
Congress that Chinese hackers have embedded
themselves into the U.S. cyber infrastructure. .
Those hackers have targeted water treatment
plants, the electrical grid, transportation
systems and other vital infrastructure.
Those hackers have targeted water treatment
plants, the electrical grid, transportation
systems and other vital infrastructure.
Water is among
the least mature
in terms of security, Adam Isles, head of cybersecurity
practice for Chertoff Group, via CNBC.
Stuart Madnick, an MIT professor of engineering
systems and co-founder of Cybersecurity at
MIT Sloan, warns that an attack that shuts off
water to the population is the main concern.
We have demonstrated in our
lab how operations, such as
a water plant, could be shut
down not just for hours or
days, but for weeks, Adam Isles, head of cybersecurity
practice for Chertoff Group, via CNBC.
Recently, EPA Administrator Michael Regan and
National Security Adviser Jake Sullivan sent a letter
to governors stressing the urgency of the threat. .
Recently, EPA Administrator Michael Regan and
National Security Adviser Jake Sullivan sent a letter
to governors stressing the urgency of the threat. .
CNBC reports that budgets, outdated
infrastructure and an overall reluctance to take
action may prevent necessary fixes from
being made before a serious attack.
Credit: Wibbitz Top Stories Duration: 01:31Published
European Union Announces , Higher Tariffs on Chinese EVs.
On June 12, the EU said it will
impose higher tariffs on imports of
Chinese electric vehicles (EVs), CNBC reports. .
The increase in tariffs is the result of a
probe launched by the EU in October.
According to the EU, the Chinese imports benefit "heavily from unfair subsidies" and threaten "economic injury" to European EV producers.
The influx of subsidized Chinese imports
at artificially low prices therefore
presents a threat of clearly foreseeable
and imminent injury to EU industry, European Commission, via statement.
A 38.1% tariff will be imposed on battery electric vehicle producers who refused to cooperate with the bloc's investigation.
A 21% tariff will be implemented for carmakers in China who complied
but have yet to be "sampled.".
On June 11, a spokesperson for China's Ministry of Commerce called the higher
tariffs a "protectionist act.".
The findings disclosed in the EU
ruling lack factual and legal basis, Spokesperson for China's Ministry of Commerce, via statement.
This is a naked protectionist act,
creating and escalating trade
frictions, and 'destroying fair
competition' in the name of
'maintaining fair competition.' , Spokesperson for China's Ministry of Commerce, via statement.
This move by the EU not only damages the
legitimate rights and interests of China’s
electric vehicle industry, but will also disrupt
and distort the global automotive industry
chain supply chain, including the EU, Spokesperson for China's Ministry of Commerce, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
Elon Musk Drops Lawsuit , Against OpenAI.
In February of this year, Musk filed a lawsuit against OpenAI and two of its co-founders, Sam Altman and Greg Brockman.
In February of this year, Musk filed a lawsuit against OpenAI and two of its co-founders, Sam Altman and Greg Brockman.
In February of this year, Musk filed a lawsuit against OpenAI and two of its co-founders, Sam Altman and Greg Brockman.
The suit alleged that OpenAI initially worked
to develop artificial general intelligence
"for the benefit of humanity" but later strayed
from that goal to become a for-profit entity. .
Musk, who had a hand in launching
OpenAI, was suing "for breach of contract
and fiduciary duty," CNBC reports.
In March, experts told CNBC that the suit had a murky legal foundation because there was no formal written agreement signed by each party.
On June 11, Musk dropped the lawsuit.
It was dismissed without prejudice.
His decision to drop the lawsuit comes
one day after he threatened Apple over
its new partnership with OpenAI.
His decision to drop the lawsuit comes
one day after he threatened Apple over
its new partnership with OpenAI.
He called the partnership "an unacceptable security violation" since Apple has
"no clue what's actually going on.".
It’s patently absurd that Apple isn’t
smart enough to make their own
AI, yet is somehow capable of
ensuring that OpenAI will protect
your security & privacy!, Elon Musk, via X.
Musk went on to say that if Apple
"integrates OpenAI at the OS level," the company's devices will be banned at his businesses.
Credit: Wibbitz Top Stories Duration: 01:31Published
Apple Is Reportedly Building , a Dedicated Passwords App.
On June 6, Mark Gurman from 'Bloomberg' reported that Apple intends to build next-gen iPhones and Macs with a built-in password management app.
On June 6, Mark Gurman from 'Bloomberg' reported that Apple intends to build next-gen iPhones and Macs with a built-in password management app.
The new app will be called Passwords, Engadget reports.
The app will be revealed at the
Worldwide Developers Conference in June.
While Apple already offers password
services via the iCloud Keychain.
it can be tedious to find
or change passwords with it.
A dedicated passwords app would make the whole process easier and likely encourage some people to stick with Apple.
Similarly to subscription password managers 1Password and LastPass, Apple's app will
split passwords into categories.
Similarly to subscription password managers 1Password and LastPass, Apple's app will
split passwords into categories.
Such categories include "accounts, WiFi networks and Passkeys," CNBC reports. .
Users will be able to
import passwords from other apps.
Two-factor verification codes
will also be supported.
It's not clear if Passwords will let you
store files and images as its rivals do.
Credit: Wibbitz Top Stories Duration: 01:30Published