Disney is launching a streaming channel, ditching Netflix
Walt Disney Co. will stop selling its movies on Netflix and will begin offering ESPN sports programming and family films directly to consumers through two new streaming services, the company said Tuesday.
Disney’s new service will begin in 2019. Its ESPN online service will feature 10,000 live events a year.
This is obviously a big shakeup for the streaming industry. Netflix’s shares were down 7 percent after the announcement, the Wall Street Journal notes.
Fired Google engineer files a labor complaint
A former Google engineer who was fired after writing a memo about gender differences, which caused an online uproar, has filed a labor complaint about how he was treated.
The Associated Press reports that James Damore, 28, was fired late Monday for “perpetuating gender stereotypes.”
But AP reports that Damore said prior to being fired he had filed a complaint with the National Labor Relations Board and that it is illegal to retaliate against someone who has filed an NLRB charge.
Google says it did not even know about his complaint when he was fired.
Uber plans to end its car-leasing business
Uber Technologies is winding down its U.S. car-leasing business after the company discovered it was losing 18 times more money per vehicle than it had previously thought, the Wall Street Journal reported.
Its leasing division was started two years ago. It was designed to attract drivers whose credit prevented them from being able to buy or lease their own cars.
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